Featured Stories
The canvas of resilience: How former IRS officer Neena Singh found expression in art
For over three decades, Neena Singh has balanced two remarkable worlds—as a dedicated Indian Revenue Service officer and a self-taught artist—reflecting a life with a remarkable capacity to endure, adapt, and rise above all odds.
Singh’s journey as an artist began with Serendipity, an exhibition at Mumbai’s Jehangir Art Gallery in 2006.
She has since become a gallery-represented, full-time artist engaging audiences in India and abroad.
Her family moved along with her father wherever canal construction projects took him. That meant changing schools often and spending childhood in remote townships of Uttar Pradesh, some places that didn’t even have high schools for girls.
Read more here.
Agri fintech startup Unnati to acquire Info Edge-backed farm input platform Gramophone
Agri fintech startup Unnati is set to acquire Info Edge-backed farm input platform Gramophone in a stock-swap transaction.
In a stock exchange filing on Saturday, Info Edge said its wholly owned subsidiary Startup Investments (Holding) Ltd. (SIHL), will transfer its entire stake in Gramophone to Unnati. In return, SIHL will receive a 15.7% equity stake in Unnati on a fully diluted basis.
Info Edge will also make a primary investment of Rs 35 crore in Unnati, taking its aggregate shareholding to about 20.5%, which will dilute to 18.48% following the issuance of shares to other Gramophone shareholders.
Read more here.
Inside IIM Bangalore’s startup incubation journey: learning to teach its craft
The quiet roads inside IIM Bangalore are a sharp contrast from the busy city outside. Trees filter the late morning light, and students move leisurely on well-paved roads. A short walk from the main gate, past lush, multi-layered trees, sits NSRCEL, the institute’s startup and entrepreneurship centre.
NSRCEL has always lived at the intersection of calm and commotion. It is a university-based incubator that has spent a quarter of a century learning how to support founders while now trying to transform that craft into something that can be taught and shared.
On a sunny day in late November, the building hummed with a different energy. Founders, mentors and alumni filled its corridors to mark 25 years of incubation and to reckon with how much the world of entrepreneurship has changed since the centre first opened its doors.
Read more here.
Funding News
Mylapay raises $1 million ahead of Series A
Chennai-based payment infrastructure company Mylapay has raised $1 million as part of its ongoing funding round, ahead of its upcoming Series A. The round saw continued participation from CDM Capital and Credit Saison, along with new investment from GrowthCap Ventures and a group of strategic angel investors.
The company said the capital will be used to strengthen its payment infrastructure, expand its product suite, deepen partnerships with banks and payment aggregators, and support its expansion across the Middle East, Africa and the United States.
Mylapay recently launched a unified acquiring platform that enables banks and payment aggregators to manage card and UPI acquiring through a single connection, with the ability to process over 5,000 transactions per second.
Other News
Urban Harvest acquires gourmet brand Cocosutra in Rs 2.5 Cr deal
New Delhi-based B2B fresh-produce and food supply company Urban Harvest has acquired premium gourmet food brand Cocosutra in a Rs 2.5 crore all-cash transaction. The acquisition is aimed at expanding Urban Harvest’s value-added product portfolio and strengthening its presence across the restaurant and HoReCa segment.
According to Urban Harvest, the integration of Cocosutra’s operations, systems and teams is already underway and is expected to be completed within two months. All regulatory approvals for the transaction have been secured.
Following the acquisition, Cocosutra’s business has grown three-fold, supported by Urban Harvest’s distribution network and supply-chain capabilities. The company expects Cocosutra to cross Rs 100 crore in revenue within the next 24 months.
Urban Harvest Founder and Chief Executive Officer Sidhantt Suri said the deal would enable the company to offer a wider range of premium, value-added products at competitive prices.
Thyrocare Technologies appoints Rajdeep Panwar as Chief Commercial Officer
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Rajdeep Panwar as Chief Commercial Officer, Thyrocare Technologies Ltd
” align=”center”> Rajdeep Panwar as Chief Commercial Officer, Thyrocare Technologies Ltd
Mumbai-based diagnostics company Thyrocare Technologies Limited has appointed Rajdeep Panwar as its Chief Commercial Officer (CCO), strengthening its leadership team as it sharpens its commercial strategy across India.
Panwar brings over two decades of experience in the healthcare and diagnostics sector, with expertise in P&L management, business expansion and scaling multi-centre diagnostic operations. Over his career, he has been involved in launching and managing more than 200 diagnostic laboratories.
Prior to joining Thyrocare, Panwar served as Director at GHL Pharma & Diagnostics Ltd., where he played a key role in expanding Medanta Labs in North India. He has also held leadership roles at Apollo Diagnostics, Johnson & Johnson and Dr. Lal PathLabs.
In his new role, Panwar will lead Thyrocare’s commercial functions, including franchise, corporate and direct-to-consumer businesses.
(The article will be updated throughout the day with the latest developments and news)
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