wayr today India

Category: Startup

  • BRND.ME Relocates Headquarters from Singapore to India

    This article was generated by AI and cites original sources.

    BRND.ME, formerly known as Mensa Brands, has finalized a cross-border merger, relocating its headquarters from Singapore to India in a span of 10 months.

    The merger involved combining Mensa Singapore with the Indian holding company, incorporating seven Indian group entities into the same entity. This restructuring plan obtained approval from the High Court of Singapore and was sanctioned by the National Company Law Tribunal (NCLT), Chandigarh Bench, on February 20, 2026.

    The company executed the restructuring as a single transaction, conducting offshore and onshore mergers concurrently. BRND.ME is now considering an initial public offering within the next 12 to 18 months. With reported revenue of approximately Rs 1,500 crore in FY25, the company aims for an FY26 revenue run rate of Rs 1,700–1,800 crore. Notably, BRND.ME has achieved adjusted EBITDA profitability and turned operating cash-flow positive in FY26.

    BRND.ME’s brand portfolio includes MyFitness and several wellness and lifestyle labels operating in India, the US, Canada, the Middle East, and Europe. The company is exploring further expansion into Southeast Asia, with a presence in 16 international markets.

    Several other companies, such as PhonePe, Zepto, Dream11, Decentro, and Groww, have also shifted their headquarters to India in recent years.

    Source: Entrackr : Latest Posts

  • ZeroHarm Sciences Raises $7.15 Million in Series A Funding for Advanced Nano Formulation Technology

    This article was generated by AI and cites original sources.

    ZeroHarm Sciences, a player in the nutraceutical market, has raised Rs 65 crore ($7.15 million) in its Series A funding round, as reported by Entrackr : Latest Posts. The investment, led by Kotak Alternate Asset Managers Limited and Alkemi Growth Capital, aims to support the company’s growth initiatives.

    Established in 2020 by Sachin and Shweta Darbarwar, ZeroHarm Sciences specializes in developing plant-based health supplements using nano formulation technology. This approach enhances bioavailability and facilitates controlled release at lower dosages.

    By integrating ayurveda with advanced nano technology, the company aims to create India’s premier health platform. ZeroHarm Sciences focuses on substantiating supplement efficacy through measurable consumer health outcomes.

    With an extensive network of over 10,000 farmers in Northeast India and the Himalayas, the company controls the entire value chain from sourcing medicinal plants to product delivery. ZeroHarm Sciences has also patented its nano formulations for various health compositions.

    The company offers a diverse range of over 60 products catering to different health needs, including diabetes management, heart health, immunity, and women’s wellness. Its presence across multiple e-commerce platforms has enabled the brand to reach a wide customer base, serving over 300,000 individuals.

    This funding round will support ZeroHarm Sciences’ expansion into international markets such as the USA, the UK, and the Middle East, as well as bolster its research and manufacturing capabilities.

    Source: Entrackr : Latest Posts

  • Wootz.work Secures $6.6 Million to Enhance Manufacturing Capabilities

    This article was generated by AI and cites original sources.

    The Delhi-based startup Wootz.work has successfully raised $6.6 million in a Series A funding round led by Z47, with continued support from Nexus Venture Partners, AdvantEdge Founders, and the addition of Stride Ventures. Founded in 2023 by Karan Anand and Himanshu Uniyal, the company focuses on advanced engineering and manufacturing solutions for OEMs across India and Southeast Asia.

    The infusion of fresh capital will enable Wootz.work to expand its engineering capabilities, enhance manufacturing control systems, and facilitate larger, mission-critical OEM programs. By integrating engineering, precision manufacturing, and digitally governed quality systems, the company aims to deliver globally competitive manufacturing outcomes at scale.

    Wootz.work’s approach involves operating as a single, accountable manufacturing partner for complex industrial programs, ensuring onshore manufacturing where needed. This model allows the company to orchestrate factories and take full responsibility for execution, streamlining processes and enhancing efficiency.

    Wootz.work’s strategies have enabled it to compress timelines significantly, providing global enterprises with enhanced visibility from raw material sourcing to final product delivery. The company has a track record of delivering complex cross-border programs for numerous global enterprises, maintaining high standards of quality compliance and on-time delivery.

    Source: Entrackr : Latest Posts

  • Digital Lenders Diversify Funding with Public Bond Markets

    This article was generated by AI and cites original sources.

    Digital lending startups are strategically tapping into public bond markets to optimize costs and broaden their funding sources. The emergence of platforms like OBPPs and an increasing number of retail investors participating have made Non-Convertible Debentures (NCDs) a practical financing instrument for modern lenders. This transition signifies a reduced dependence on conventional non-bank lenders, enabling digital lenders to access more cost-effective financing options and streamline their fundraising processes.

    Source: Tech-Economic Times

  • OpenAI Secures Record $110 Billion in Funding for AI Advancements

    This article was generated by AI and cites original sources.

    In a significant milestone for the AI industry, OpenAI has successfully raised $110 billion in its latest funding round, achieving a post-money valuation of $840 billion. This funding round stands as the largest ever recorded for an AI company, signaling the growing investment and confidence in cutting-edge AI technologies.

    The funding round was led by Amazon, with notable contributions from tech giants Nvidia and SoftBank. This substantial financial support highlights the escalating interest and backing from major industry players towards advancing AI capabilities, marking a crucial transition from theoretical research to widespread commercial application.

    With this significant financial injection, OpenAI is poised to accelerate its efforts in developing innovative AI solutions that could reshape industries and drive innovation to new heights.

    Source: Tech-Economic Times

  • Startup Funding Reaches $1.2 Billion in February 2026, Doubling Year-over-Year

    This article was generated by AI and cites original sources.

    In February 2026, startups raised a total of $1.2 billion, marking a significant increase compared to the same period the previous year. Despite a decrease in the number of deals from 170 to 128, the total funding demonstrates robust investor confidence in emerging technology ventures. January 2026 also saw substantial funding, with startups securing approximately $777.2 million across 112 financing rounds.

    During the final week of February, startups further bolstered their financial standing by raising an additional $152.2 million, showcasing sustained momentum in the startup ecosystem. This influx of capital highlights the continuous growth and innovation within the tech startup landscape, paving the way for future advancements and disruptions in various industries.

    Source: Tech-Economic Times

  • Infosys Founder Narayana Murthy Highlights Catamaran’s Venture Capital Performance

    This article was generated by AI and cites original sources.

    Infosys founder Narayana Murthy shared insights on the financial performance of his family office, Catamaran, noting a 22% return from venture capital investments and 17-18% from public equities over the past decade. Murthy described the results as ‘reasonably good’ as he now takes a more distant role in overseeing the firm’s operations.

    Source: Tech-Economic Times

  • OpenAI Secures Record-Breaking $110 Billion Funding, Sparking Tech Industry Buzz

    This article was generated by AI and cites original sources.

    OpenAI, a prominent player in the tech startup scene, has finalized one of the most substantial private funding rounds to date, amounting to a staggering $110 billion. This remarkable achievement has sparked interest and intrigue across the tech landscape, showcasing the ongoing evolution and increasing investments in artificial intelligence ventures.

    While OpenAI’s financial milestone dominates discussions, the tech community is also closely monitoring the call for equitable compensation for creators, emphasized by Vaishnaw. The intersection of technology and fair pay for content creators underscores the growing importance of recognizing and rewarding digital contributions, aligning with the broader conversation on the value of intellectual property in the digital age.

    As OpenAI’s funding milestone sets a new benchmark in the startup realm, industry experts and enthusiasts alike are observing how this significant influx of capital will fuel innovation, drive research and development initiatives, and potentially influence the trajectory of AI advancements in the near future.

    Source: Tech-Economic Times

  • Indian Startup Funding Faces Decline as VC Inflow Drops

    This article was generated by AI and cites original sources.

    Recent data indicates a notable decline in venture capital (VC) inflow impacting Indian startups, primarily attributed to the absence of large deals. The funding landscape for startups in India is facing challenges as investment activity remains heavily skewed towards early-stage ventures, necessitating smaller capital injections.

    This trend underscores the significance of capital allocation strategies and the evolving dynamics of startup funding in the Indian tech ecosystem. While early-stage startups continue to attract investments, the decline in larger deals suggests a potential shift in investor sentiment or approach towards funding.

    This scenario prompts a closer examination of the funding environment, emphasizing the need for startups to innovate and demonstrate sustainable growth models to attract investor interest. As funding challenges persist, startups may need to explore alternative funding sources or refine their business strategies to navigate the current investment landscape.

    Source: YourStory RSS Feed

  • Amazon’s $50 Billion Investment in OpenAI Boosts AI Infrastructure

    This article was generated by AI and cites original sources.

    Amazon has announced a substantial investment of $50 billion in OpenAI, as part of OpenAI’s overall $110 billion funding initiative. This capital injection underscores the tech giant’s commitment to advancing artificial intelligence (AI) infrastructure.

    OpenAI, a prominent player in the AI research domain, will benefit significantly from Amazon’s financial support. Notably, Amazon’s cloud services will be the exclusive platform for OpenAI’s enterprise offerings, leveraging the tech company’s expertise to enhance AI capabilities.

    In addition to Amazon, major contributions are also coming from SoftBank and Nvidia, solidifying a collaborative effort to drive innovation in AI. Amazon’s provision of specialized chips will cater to OpenAI’s escalating computing demands, ensuring efficient processing power for AI development.

    This strategic investment not only strengthens the partnership between Amazon and OpenAI but also propels advancements in AI infrastructure, setting the stage for future developments in artificial intelligence.

    Source: Tech-Economic Times