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    Deeptech Aerospace Startup Tessat Space Raises ₹1 Crore in Angel Funding Round from Xylapay Morsa raises $1.5 million in a pre-seed funding round led by Jackson Square Ventures, with participation from the a16z Scout Fund. Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board. Deeptech Aerospace Startup Tessat Space Raises ₹1 Crore in Angel Funding Round from Xylapay Morsa raises $1.5 million in a pre-seed funding round led by Jackson Square Ventures, with participation from the a16z Scout Fund. Kutlerri.ai raises $4 million from Narahari Investments. JSW Ventures completes the first close of Fund III, with JSW Family Office as anchor investor. Desible.ai raises ₹32 crore in a funding round led by Prime Venture Partners, with participation from Invention Engine. mistEO raises ₹18 crore in a seed round led by MGF Kavachh, with Seafund and other investors participating. Astrome Technologies signs an agreement with the Technology Development Board for ₹64.05 crore in support through optionally convertible debt under the RDI Fund. Nawgati is selected among the top 10 finalists of the UAE-India Startup Series 2.0. ValueQuest commits ₹775 crore across Sagar Defence Engineering, TASE Global and Rational Engineers. Greenjoules raises ₹150 crore in a Series B round co-led by Amazon Smbhav Venture Fund and Climate Pledge Fund, with Rainmatter and Singularity Strategic Autonomy Fund participating, and secures a separate ₹100 crore loan from the Technology Development Board.
  • ASMS and BITS Pilani to Empower 40 Million Farmers Through Rural Digital Ecosystem

    Rural Digital Ecosystem

    Pune: ASMS and BITS Pilani have signed a strategic Memorandum of Understanding (MoU) to jointly develop a next-generation Rural Digital Ecosystem aimed at transforming rural India through advanced technology, digital innovation, and sustainable development.

    The partnership seeks to create scalable solutions that address some of the country’s most pressing rural challenges while positively impacting over 40 million farmers and rural residents.

    Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, announced its strategic collaboration with BITS Pilani as part of its commitment to strengthening India’s Rural Digital Ecosystem through technology-driven interventions.

    The collaboration marks a convergence of industry innovation and academic excellence, bringing together ASMS’s implementation capabilities and grassroots presence with BITS Pilani’s expertise in research, engineering, management, and data science.

    Together, the institutions aim to build an integrated Rural Digital Ecosystem that leverages emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Blockchain, and advanced data analytics.

    Under the partnership, ASMS and BITS Pilani will co-develop evidence-based and scalable digital solutions designed to improve governance, operational efficiency, digital inclusion, and rural service delivery.

    Also Read: Cubo: ASMS and Huwel to Launch Compact RT-PCR Platform for Decentralised Diagnostics

    The initiative is expected to significantly strengthen India’s Rural Digital Ecosystem by addressing key gaps in access to essential resources and services.

    The collaboration aims to tackle critical challenges faced by rural communities, including inadequate access to formal financial services, limited availability of quality agricultural resources, lack of reliable market intelligence, healthcare accessibility issues, and the increasing need for sustainable and climate-resilient farming solutions.

    By combining technological innovation with practical field implementation, ASMS and BITS Pilani intend to create impactful and sustainable models that can be replicated across India’s broader Rural Digital Ecosystem, enabling long-term social and economic transformation.

    The partnership will also provide valuable real-world research and innovation opportunities for BITS Pilani scholars and students.

    Early-stage projects currently under consideration include crop yield prediction pilots, digital financial literacy initiatives, and e-governance research programmes specifically designed to support rural India’s evolving digital infrastructure.

    Also Read: Huwel Lifesciences and ASMS Onboard Singapore-Based Partner to Accelerate Southeast Asia Expansion

    Dr. Raja Krishna Murthy M, Head-Agri Tech Business, ASMS, said: “Our collaboration with BITS Pilani marks a significant step toward building a technology-driven and inclusive rural ecosystem for India.

    By combining academic excellence with industry-scale implementation, we aim to deliver innovative solutions in agriculture, digital governance, financial inclusion, and rural livelihoods, ultimately creating sustainable impact for millions of farmers and underserved communities across the country.”

    The strategic alliance is expected to serve as a model for purposeful and outcome-driven industry-academia collaboration in India.

    By harnessing innovation, research, and advanced technology, the initiative aims to strengthen the country’s Rural Digital Ecosystem and create measurable impact at scale across agriculture, governance, and rural livelihoods.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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