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Plant-based nutrition startup Nourish You has successfully raised Rs 16 crore from Sidbi Venture Capital. This funding marks a significant step for the company as it aims to expand its offerings in the growing health and wellness market.
Indian AI startup Unikon.ai, co-founded by Aakash Anand in 2024, is shifting to a direct-to-consumer model due to high cash burn, with monthly expenses reaching 2 crore rupees (US$230,758). Anand expressed that achieving profitability may take time, but he remains optimistic based on his previous D2C successes. The company secured 16 crore rupees (US$2 million) in seed funding in June 2024 from notable investors, emphasizing its commitment to a sustainable business model.
Pranay Jivrajka, a former executive at Ola, has successfully raised Rs 16 crore for his sexual wellness startup, Allo. The funding round saw participation from Zerodha’s Rainmatter among other investors, highlighting growing interest in the sexual wellness sector.
Zerodha and Groww are experiencing a decline in their user base, signaling potential challenges in the competitive landscape of financial services. This trend raises questions about user retention strategies and market dynamics in the fintech sector.
Nithin Kamath, founder and CEO of Zerodha, has raised alarms over a rise in financial frauds, particularly through social media, citing a case where a Bengaluru techie lost Rs 91 lakh to a scam via a WhatsApp group. He urged users to be cautious about joining such groups and recommended changing privacy settings to prevent unknown individuals from adding them. Kamath noted that scams have totaled 11,000 crores in the past nine months, expressing concern about the potential for AI to exacerbate these issues.
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Nourish You secures 16 crore funding from Sidbi Venture Capital
02:42 19.03.2025
Indian AI startup Unikon.ai pivots to direct-to-consumer model amid cash burn
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04:15 18.03.2025
former ola executive's sexual wellness startup allo secures 16 crore funding
11:44 12.03.2025
Zerodha and Groww experience decline in user base in 2025
13:18 11.03.2025
Nithin Kamath warns against stock market scams on social media platforms
12:18 29.11.2024
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