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WearDuds Revolutionizes Indian Streetwear with Organic Growth and Cultural Authenticity

WearDuds, founded in 2022 by Sikandar Ali, is revolutionizing India's streetwear scene with a focus on organic growth and cultural authenticity, achieving impressive profitability without celebrity endorsements. The brand's joggers, crafted from leftover fabrics, resonate with Gen Z and Gen Alpha, driving significant sales and a projected ₹200 crore revenue by FY26. With a unique blend of legacy craftsmanship and modern design, WearDuds is set to expand into offline retail and international markets, solidifying its position as a leading streetwear label.

Indian deeptech startup vecmocon secures 18 million dollars in series A funding

Vecmocon Technologies, a Delhi-based deeptech electric mobility solutions provider, has raised $18 million in a Series A funding round, led by Ecosystem Integrity Fund. The company, which specializes in battery management systems and smart chargers, aims to enhance its R&D and expand into high-voltage electric vehicles and passenger cars. With over 100,000 EVs supported, Vecmocon is positioned to capitalize on India's growing EV market, particularly in two-wheelers and three-wheelers, amid supportive government policies.

Shein and Reliance to Launch Global Sale of India-Made Apparel

Shein and Reliance are set to launch a global sale of clothing manufactured in India. This collaboration aims to expand the reach of Indian-made apparel in international markets, highlighting the growing significance of India in the global fashion industry.

Starlink to launch competitive data plans in India similar to Bangladesh

Elon Musk's Starlink is set to introduce data plans in India that will be priced similarly to those offered in Bangladesh. This move aims to expand internet access in the region, aligning with Starlink's global strategy to provide affordable satellite internet services.

India's green hydrogen initiative priced at 397 rupees per kilogram

India's green hydrogen initiative is set to begin at a price of Rs 397 per kg. This development marks a significant step in the country's efforts to embrace sustainable energy solutions and reduce carbon emissions. The move is expected to bolster the green energy sector and attract investments.

Wakefit transitions to public company ahead of initial public offering

Wakefit has transitioned into a public entity as it prepares for its upcoming IPO. This move marks a significant step for the company in its growth trajectory and aims to enhance its market presence. The public offering is anticipated to attract investor interest and support further expansion.

Vastpoint secures funding to enhance land management in vulnerable regions

Vastpoint, a South African land management startup, has secured strategic funding from Vital Capital to enhance its efforts in transforming land use and management in vulnerable regions. The Johannesburg-based company has awarded over 800,000 land titles, impacting over three million people, and aims to address issues of unclear land tenure that hinder economic development and social inclusion. This partnership will support initiatives related to food security, poverty reduction, and sustainable urbanization.

Rapido disrupts food delivery market with lower commission rates for restaurants

Rapido is set to launch a food delivery service in Bengaluru, offering commission rates between 8% and 15%, significantly lower than the 16% to 30% charged by Zomato and Swiggy. The new model includes fixed fees of 25 rupees for orders under 400 rupees and 50 rupees for larger orders, aiming to alleviate financial pressures on small restaurants. This disruptive pricing strategy could reshape India's food delivery market, which is currently dominated by Zomato and Swiggy.

Carbyne secures 100 million funding to modernize emergency response technology

Israeli emergency tech platform Carbyne has raised $100 million in a funding round led by AT&T, bringing its total funding to approximately $136 million. The company, which provides cloud-based solutions for emergency call centers, aims to modernize emergency communications infrastructure amid funding challenges, as 80% of 911 calls now come from mobile devices. Carbyne's technology offers a cost-effective solution for public safety answering points struggling to upgrade from legacy systems, reflecting a growing investor confidence in addressing these critical needs.

dp world and j p morgan tackle trade finance gap with new partnership

DP World Trade Finance and J.P. Morgan have partnered to address a $2.5 trillion global trade finance gap, enhancing access to working capital in emerging markets. Their first collaboration funded cocoa procurement in the Ivory Coast, boosting local liquidity by over $70 million. This initiative reflects a growing trend in trade finance innovation, with integrated logistics-finance models aimed at supporting SMEs traditionally overlooked by lenders.

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