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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.
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 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.
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 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 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, 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 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.
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 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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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
WearDuds Revolutionizes Indian Streetwear with Organic Growth and Cultural Authenticity
13:34 09.06.2025
Indian deeptech startup vecmocon secures 18 million dollars in series A funding
13:01 09.06.2025
Shein and Reliance to Launch Global Sale of India-Made Apparel
12:54 09.06.2025
Starlink to launch competitive data plans in India similar to Bangladesh
12:04 09.06.2025
India's green hydrogen initiative priced at 397 rupees per kilogram
11:17 09.06.2025
Wakefit transitions to public company ahead of initial public offering
11:02 09.06.2025
Vastpoint secures funding to enhance land management in vulnerable regions
11:00 09.06.2025
Rapido disrupts food delivery market with lower commission rates for restaurants
10:50 09.06.2025
Carbyne secures 100 million funding to modernize emergency response technology
10:40 09.06.2025
dp world and j p morgan tackle trade finance gap with new partnership
10:02 09.06.2025
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