• Startup Pulse
    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. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. 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. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.
  • IFBEC Launches National Mission Committee to Drive Circular Fashion

    National Mission Committee

    Mumbai: In a major stride toward sustainable industrial transformation, the International Fashion Business Exchange Council (IFBEC) officially launched the National Mission Committee (NMC) at the World Trade Center, Mumbai, coinciding with World Environment Day 2025.

    The initiative aims to position India as the Responsible Fashion Business Capital of the World by 2030.

    The newly formed National Mission Committee will serve as the strategic think tank and execution arm of IFBEC, uniting policymakers, industry leaders, green technology pioneers, and grassroots organizations to advance India’s leadership in sustainable textiles and circular fashion.

    The launch ceremony witnessed the participation of prominent figures, including Roop Rashi Mahapatra, CEO of Khadi and Village Industries Commission (KVIC), alongside representatives from Reliance Industries, Bestseller, United Way Mumbai, IDH, and other sustainability stakeholders.

    “India is inherently circular by tradition. It’s time we reclaim that narrative,” stated Roop Rashi Mahapatra. “Textile waste is a resource – not refuse. But the real transformation starts at the grassroots, not in boardrooms.”

    Key Objectives of the National Mission Committee:
    • Accelerate circular fashion and green textile innovation
    • Align India’s fashion exports with international sustainability standards
    • Empower SMEs and artisans for global market access
    • Strengthen institutional finance and regulatory frameworks for ethical production

    “The National Mission Committee isn’t just a body – it’s a blueprint for change,” said Neha Gupta, Founder of IFBEC. “This is our collective commitment to redefine India’s textile narrative through sustainability, craftsmanship, and shared accountability.”

    The NMC also reflects a broader movement to combat climate change, reduce fashion’s environmental footprint, and create value chains rooted in ethics and innovation.

    Harshavardhan Chauhan, Founder of Bharat YEF, emphasized: “Circularity is not a concept – it’s dharma. India must lead not as a factory for the world, but as its future.”

    The event set the tone for a transformational journey – from waste to wealth, volume to value, and tradition to innovation – solidifying India’s position as a global pioneer in sustainable textile policy and practice.

    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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