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Indian VC firm Gruhas has teamed up with Brigade Group to launch a $35 million fund, named the Earth Fund, aimed at proptech and sustainability. The fund, established under Zoiros Projects Private Limited, will invest $1 million to $2 million in 10-15 market-ready startups in real estate tech, construction tech, clean tech, and climate tech, while providing mentorship from Brigade Group, which has previously supported over 80 startups through its REAP accelerator.
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.
Nikhil Kamath's WTFund and Nazara Technologies have invested Rs 2 crore in two gaming startups, Norian Games and Xigma Games, to support the growth of India's gaming industry. This initiative aims to provide financial backing, mentorship, and strategic guidance to foster innovation in the sector. Kamath emphasized the importance of nurturing young entrepreneurs and pushing the boundaries of gaming.
Nithin Kamath, founder of Zerodha, highlighted the firm's commitment to minimal digital interruptions, stating that they avoid excessive notifications and emails, a practice that has resonated with users. This approach, rooted in the principle of treating others as one wishes to be treated, has fostered customer trust and contributed to Zerodha's significant growth in the stockbroking industry.
Nikhil Kamath
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Gruhas and Brigade Group launch 35 million dollar fund for proptech startups
06:20 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
Nikhil Kamath's WTFund and Nazara Tech invest in gaming startups
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