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Climatetech startup altM, jewellery maker Trityaa and wealthtech firm Aaritya Tech have secured early-stage funding, the companies said on Friday. altM altM has raised $3.5 million (Rs ......
Building business models that generate cash flows and profitability, and create not for Bharat alone but also the world, are what the jury expects from the nominees.
The ETSA jury is also meeting at a time when the volatility in valuations of publicly listed companies, which began in the US in late 2021, has spilled over into the private markets, resulting in plummeting investments and significant valuation corrections.
"This investment is led by Japan-based SBI Investment and Evolvence Capital, complemented by continued backing from internal investors, including Accel, Matrix Partners India, Prosus Ventures and Tiger Global," a company statement said. Captain Fresh is backed by Ankur Capital and Incubate Fund.
Coming in a year when the technology industry has been hit by turbulence, it was not easy to pull this nominee list together. But, what surprised us is that there are many startups that have built fundamentally strong businesses despite the uncertain times.