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    Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Hyeglo Beauty raises ₹7 crore in a round led by Sauce, with Giga Capital, Consumer Collective, Reckitt's Arjun Purkayastha and The Patient Capital participating. OBSESS raises approximately ₹3 crore in an angel round from Pushpendra Singh, Amit Goel and Harshit Vij. Dispatch Network raises ₹5 crore in a pre-seed round led by Antler India, with angel investors participating. Two Point O Capital raises $10 million in a round led by Transition Venture Capital, with Omnivore and angel investors participating. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating.

    • Just In

    DPIIT ICICI Bank MoU Offers Startups Access to Accelerator, Mentorship, and Pilots

    Latest News Posted on  —by Salil Urunkar
    DPIIT ICICI Bank MoU

    New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has entered into a Memorandum of Understanding (MoU) with ICICI Bank to extend structured support for startups across the country.

    DPIIT ICICI Bank MoU: Startup Engagement Programme on Startup India Portal

    Under the DPIIT ICICI Bank MoU, ICICI Bank will design and implement a Startup Engagement Programme hosted on the Startup India portal.

    Also Read: Infineon Signs MoU with DPIIT to Boost Startup Innovation in India

    The programme will be integrated with Startup India’s outreach initiatives to ensure greater visibility and adoption among DPIIT-recognised startups. Startup India will also facilitate communication, programme awareness, and connections for innovators across India.

    DPIIT ICICI Bank MoU: Access to Accelerator, Mentorship, and Pilot Opportunities

    As part of the collaboration, selected startups will gain access to ICICI Bank’s Mumbai-based accelerator facility, complete with dedicated workspace and a structured curriculum.

    Startups will benefit from mentorship by industry leaders, pilot programme opportunities with ICICI Bank business units, and validation of their product-market fit.

    The initiative also includes networking avenues with venture capitalists, investors, and potential clients, along with participation in innovation showcases and sector-specific workshops.

    Also Read: DPIIT and Hero MotoCorp Launch Hero For Startups to Accelerate Early-Stage Innovation

    Driving Growth of Product-Based Startups

    The DPIIT ICICI Bank MoU focuses on scaling product-based startups by offering tailored engagement, business development guidance, and operational support. It aims to accelerate early- and growth-stage startups through ecosystem linkages and structured mentorship under the Startup India framework.

    Speaking about the collaboration, Sanjiv, Joint Secretary at DPIIT, stated that the partnership with ICICI Bank is designed to create lasting impact through meaningful engagement with startups.

    He emphasized that it opens new avenues of support for entrepreneurs building transformative solutions for India’s industrial and financial ecosystem.

    ICICI Bank Ltd. (BSE: ICICIBANK, NSE: ICICIBANK, NYSE: IBN), one of India’s leading private sector banks, reported total assets of ₹21,23,839 crore as on June 30, 2025.

    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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