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Jan 22, 2025 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
India Energy Storage Alliance (IESA) has said it expects to invest USD 500 million in Indian battery and mobility startups next year, trying to accelerate research and development with innovation and advancements in the space. The development is expected to focus on R&D and product developments in the segment for startups and companies dealing with battery management systems, safety management, and electronic part manufacturers.
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Jan 15, 2025 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
Chennai-based Spacetech startup OrbitAID has raised $1.5 million in a pre-seed funding round led by Unicorn India Ventures, with additional participation from TANSIM, the Tamil Nadu government’s startup initiative. The funding will be utilized to advance key projects, including an in-space demonstration of docking and refueling operations, scaling facilities for on-orbit servicing, and further developing its Standard Interface Docking and Refueling Port (SIDRP) for commercial readiness.
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Jan 7, 2025 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
Marking a new high for India’s burgeoning electric vehicle (EV) sector, Oben Electric, a homegrown electric vehicle manufacturer, has successfully secured ₹50 crore in its Series A funding round. Key investors include Ambis Holding US, Kuberan Ventures, Karimjee Group from Africa, Mission Vertical (US-based VC), Sanjeev Saraf (Polyplex) Family Office, and Pravek Kalp Family Office. With this latest round, the company’s total equity capital raised now stands at ₹150 crore.
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Dec 3, 2024 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
Scaling a startup requires a delicate blend of vision, strategy, and execution. While some entrepreneurs thrive through trial and error, others turn to formal education to refine their approach. An MBA program can be a game-changing opportunity for startup founders to develop essential skills, build strategic networks, and gain access to invaluable resources.
Here, we explore how MBA education equips entrepreneurs to scale their ventures effectively.
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Oct 17, 2024 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
Aditya Birla Digital Fashion Ventures Ltd, a subsidiary of Aditya Birla Fashion and Retail Ltd, has invested Rs 75 crore in Wrogn, a men's wear brand co-founded by cricketer Virat Kohli and backed by Accel. This investment increases Aditya Birla's stake in Wrogn from 17.10% to 32.84% on a fully diluted basis. The purpose of this new infusion is to enhance ABDFVL's portfolio of digital-first brands, continuing the strategy of milestone-based valuations for its investments.
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Oct 15, 2024 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
Direct-to-consumer (D2C) footwear startup Yoho has successfully raised Rs 27 crore in a funding round led by Gulf Islamic Investments (GII), a global alternative investment firm with over $4.5 billion in assets under management. This funding round also attracted participation from Rukam Capital and notable angel investors, including Rajeev Misra, CEO of SoftBank Investment Advisers, Vijay Shekhar Sharma, CEO of Paytm, and Pankaj Chaddah, founder of Shyft.
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Aug 21, 2024 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
Google has announced a strategic partnership with Salcit Technologies, an Indian respiratory healthcare firm, to enhance the early detection of tuberculosis (TB) using artificial intelligence (AI). This collaboration centres around integrating Google's HeAR (Health Acoustic Representations) AI model with Salcit's innovative Swaasa platform, which analyzes cough sounds to assess lung health. The initiative aims to improve the accuracy and efficiency of TB diagnostics significantly.
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Jul 5, 2024 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani |Sudhakar Singh
India’s industrial design market is projected to grow steadily due to the rising customer interest in practical and aesthetically appealing products. While the nation is still on its path to becoming a manufacturing power house, the place of the industrial design is more important than before. This expansion in the market is mainly attributed to the combination of the manufacturing industries shifting to the design thinking approach and the emergence of industries that are propelled by technology.
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Jul 5, 2024 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani |Siddhesh Pawar
The global market for industrial design services is experiencing an unprecedented surge, fueled by many factors propelling businesses toward innovative solutions. In this era of cut-throat competition, companies are increasingly turning to industrial design services to fuel their product innovation and set themselves apart. Technological advancements in realms like 3D printing, CAD, AR, and VR are amplifying designers' capabilities, further fueling the demand.
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Jul 5, 2024 | 
theindustryoutlook.com | ROopak Gupta |Lokendra Ranwat |Ramanathan Vairamani
‘Good design is making something intelligible and memorable. Great design is making something memorable and meaningful’ - Dieter Rams. Based on this belief, Industrial design, today, marries imagination and craftsmanship, shaping dreams into tangible solutions for the modern world and Industrial Design startups are at the vanguard of reimagining traditional businesses, bringing together technological improvements and a heightened awareness of sustainability and social obligation.
