29 Nov 2019

Startup NEWS, Nov 29, 2019

1. P&G India Launches $27.9 Mn Fund To Support Cleantech Startups

  • P&G said that the fund is in line with its global sustainability goals ‘Ambition 2030’
  • The fund comes in addition to the Innovation Sourcing fund set up last year
  • P&G also launched the second edition of P&G vGROW External Business Partner Summit

2. From DRDO to BPCL, India’s first underwater drone, EyeROV Tuna, finds many takers

  • Dex was started to create an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging with innovators and startups to deliver technologically advanced solutions for modernizing the Indian Military.
  • The startup has successfully completed numerous projects like surveying dams for the Kerala State Electricity Board, oil pipeline bridge for BPCL and is working with the Fire and rescue department of Karnataka and Kerala state amongst others.

3. Zebra Fuel, the startup that brought fuel directly to your vehicle, is ‘no longer’ delivering in London

  • Founded in 2016 by Bennis and Romain Saint Guilhem, Zebra Fuel was attempting to bring the convenience of on-demand delivery (or, more accurately, book ahead delivery, since it isn’t really on-demand) to refuelling your car. Via the startup’s smartphone app, Londoners could book a time-slot to have one of Zebra Fuel’s mini-vans and trained personnel come to their location to dispense fuel to their vehicle.
  • By bringing fuel to you and others in your neighborhood, a proposition like Zebra at scale could help cut emissions and reduce congestion. Or so the pitch-perfect pitch went.

4. BioAngels Network Looks To Jumpstart India’s Biotech Revolution With Open Platform For Startups

  • BIRAC in partnership with Indian Angel Network (IAN) has announced the launch of BioAngels Network
  • The open architecture platform envisions creating a biotech ecosystem conducive to the growth and proliferation of startups in India
  • BIRAC has infused INR 978 Cr in this space along with committing INR 937 Cr to the industry in the last seven years

5. Japanese Investors In India And The Billion Dollar Startup Connect

  • Indian startups have received $51 Bn funding inflow between 2014 and H1 2019 from Japanese investors
  • Japan’s SoftBank alone has invested $10 Bn in the Indian startup ecosystem
  • Participation in investment rounds of Indian startups has surged 2x from 2015 to 2018

 

About Philomathes Jigyasu

Philomathes (pronounced as fillo-MAY-thus) is a fictional character at VAYUZ (https://www.vayuz.com), who is on a never ending journey called “LEARNING”. In a way, Philomathes embodies VAYUZ - Way of life, which is if you are not learning then you are not breathing. The word Philomathes, comes from the Greek roots philo and philein meaning "to love" and the Greek roots mathos (MAH-thos) and mathesis (muh-THAYSIS) meaning “learning”. Philomathes through his Blogs and Vlogs (Video Blogs) will share his experience, learnings and thoughts. In his tryst to learn and understand, he would also seek answers to questions. So if you would like to join him in this incredible journey called “ life” then feel free to write to him on philomathes.jigyasu@vayuz.com. Always remember, knowledge is all around us, we just need to keep our guards down and senses on.

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