• Startup Pulse
    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. 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. 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. 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. 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. 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.
  • Stand-Up India Portal Connects 1.26 Lakh Entrepreneurs to Funding and Mentorship

    Stand-Up India

    New Delhi: The Stand-Up India Scheme, a key government initiative to foster inclusive entrepreneurship, has sanctioned a total of ₹28,996.15 crore in loans to Scheduled Caste (SC), Scheduled Tribe (ST), and Women entrepreneurs across India between April 2022 and March 2025, according to the Small Industries Development Bank of India (SIDBI).

    Launched in April 2016, the Stand-Up India Scheme aims to provide bank loans ranging from ₹10 lakh to ₹1 crore to at least one SC/ST and one woman borrower per bank branch, enabling them to establish greenfield businesses in manufacturing, services, trading, or allied agriculture sectors.

    Also Read: Sanjiv Bajaj to Entrepreneurs: Take Risks, Embrace Failure, Lead with Ethics

    Key Loan Sanction Highlights (Apr 2022 – Mar 2025):

    Beneficiary Segment | No. of Loan Accounts Sanctioned | Amount (₹ Crore)

    • SC | 30145 | ₹6437.59
    • ST | 9625 | ₹2037.15
    • Women (General) | 86738 | ₹20521.41
    • Total | 126508 | ₹28996.15

    Beyond financial assistance, the scheme also offers a holistic support system via its online portal www.standupmitra.in.

    The Stand-Up India platform connects aspiring entrepreneurs to:
    • Skilling and training centres
    • Mentorship and handholding support
    • Entrepreneurship Development Program Centres (EDPs)
    • District Industries Centres (DICs)

    The scheme also ensures interest rates are capped at MCLR + 3% + Tenor Premium, with a flexible repayment period of up to 7 years and a maximum moratorium of 18 months.

    Also Read: VAMNICOM Boosts Apiculture Entrepreneurship with Training for Defence Personnel and FPOs

    By combining financial inclusion with ecosystem support, the Stand-Up India Scheme is helping build a more equitable entrepreneurial landscape, particularly in underserved and marginalized communities.

    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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