StartUps

Agri-produce startup Indic Wisdom raises Rs 4 Cr in pre-Series A round

Agri-produce startup Indic Wisdom raises Rs 4 Cr in pre-Series A round

By Kajal Sharma - 28 Feb 2024 03:37 PM

"Inflection Point Ventures is leading a pre-Series A investment round for the agri-produce firm Indic Wisdom, which has garnered Rs 4 crore. High-net-worth individuals Mahendra Sankhe, Launch Capital, Bifco Finance, and others took part in the round as well. In order to increase its market presence and operational efficiency, the company intends to use the cash to develop manufacturing capacity, improve the brand's visibility, and extend its distribution network. Additional news: Instagram expands its creative marketplace to eight new countries, including India Instagram, which is owned by Meta, announced plans to expand its creative marketplace into eight new countries, including India. The firm released a statement saying, ""Australia, New Zealand, the UK, Japan, India, and Brazil to join Instagram's creator marketplace

" Price reduction of Rs 24,000 for Bounce Infinity's electric scooters announced Bounce, an electric mobility company, is lowering the cost of its Infinity scooter. The Bounce Infinity E-Scooters will now be offered to consumers at a new, lower price of Rs 89,999 ex-showroom, with immediate effect. This represents a significant savings of Rs 24,000 over the initial ex-showroom pricing of Rs 1,13,000, the firm said in a statement. In India, Ace Turtle opens a Dockers store. Ace Turtle, a retail technology company, has introduced the lifestyle apparel brand Dockers to the Indian market. The first store will open in Delhi, and early next week, a dedicated e-commerce website will be built to facilitate online purchasing throughout India. Dockers offers a large selection of clothing for both men and women in khaki. Nothing has named Ranveer Singh as its new brand ambassador. Nothing has named Ranveer Singh as its new brand ambassador. Bollywood actor Ranveer Singh has been appointed as the new brand ambassador for London-based software company Nothing. He will appear in subsequent advertisements for the firm and serve as the face of Nothing devices. The actor will appear in TVC, print, and digital advertisements for Nothing phones, the business announced. Finalists for ArcelorMittal's accelerator program are chosen. "

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