Confederation of Indian Industry (CII) sets up centre for startups in Telangana

#startups #cii #deeptech #manufacturing #startuptelangana #startuphyderabad #startupindia

Industry association Confederation of Indian Industry (CII) on Saturday said it has set up a centre in Telangana to help startups to connect with large business houses and corporates. CII Centre for Innovation, Entrepreneurship, and Startups will also focus on deep-tech startups in the manufacturing sector to help create unicorns.

CII Centre for Innovation, Entrepreneurship, and Startups is supported by the Telangana government by way of space at T-Hub technology startup incubator in the city, and Pratiksha, a charitable trust founded by Gopalakrishnan.

Telangana IT Minister K T Rama Rao, who launched the Centre, said, the facility will provide the right mix of entrepreneurial elements mentorship, access to capital and safety net for experimentation that will strengthen the startup ecosystem in not just Telangana, but across India.

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CII sets up centre for startups in Telangana

Industry association CII on Saturday said it has set up a centre in Telangana to help startups to connect with large business houses and corporates. CII Centre for Innovation, Entrepreneurship, and Startups will also focus on deep-tech startups in the manufacturing sector to help create unicorns.

YourStory Exclusive: Whiteboard Capital commits up to Rs 100Cr more to invest in hardware startups to boost 'Made in India' drive

#startups #funding #mfg #hardwaremfg

In an exclusive conversation with YourStory Media’s CEO and Founder Shradha Sharma, Whiteboard Capital’s Managing Partner Sandeep Tandon revealed plans to set aside up to Rs 100 crore more to invest in hardware startups manufacturing Made in India products.

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[YS Exclusive] Whiteboard Capital commits up to Rs 100Cr more to invest in hardware startups to boost 'Made in India' drive

After Prime Minister Narendra Modi's war cry for 'Vocal for Local,' many Indian startups and domestic businesses are seizing the opportunity to accelerate the manufacture of 'Made in India' products. Similarly, many Indian investors have been driving the push for more homegrown innovations and products, with the bulk of these investments focussed on startups delivering software solutions.

Startup Funding Alert: Returning investor Greenoaks Capital leads $21 mn funding round in Zetwerk

#marketplace #manufacturing #startups #fundingalert #startupfunding

Zetwerk Manufacturing Businesses, a B2B manufacturing services marketplace, has raised $21 million (Rs 160 crore) in a Series C funding round led by returning investor Greenoaks Capital.

Returning investors Accel, Kae Capital, Lightspeed and Sequoia Capital India also participated in the round, as per a statement.

Zetwerk CEO Amrit Acharya founded the company in 2018 with fellow Indian Institute of Technology, Madras alumnus Srinath Ramakkrushnan. The platform connects original equipment manufacturers (OEM) and engineering procurement construction (EPM) companies with small and medium enterprises (SMEs) for on-demand manufacturing services. It helps customers with procurement of custom products, real-time tracking and project management services, and assists SMEs to utilise their manufacturing capacities.

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Returning investor Greenoaks Capital leads $21 mn funding round in Zetwerk

Zetwerk Manufacturing Businesses, a B2B manufacturing services marketplace, has raised $21 million (Rs 160 crore) in a Series C funding round led by returning investor Greenoaks Capital. Returning investors Accel, Kae Capital, Lightspeed and Sequoia India also participated in the round, as per a statement.