Hyderabad-Based Startup HYLENR Secures $3 Million to Produce Carbon-neutral Energy via Low-Energy Nuclear Reactions

HYLENR obtained $3 million from Valour Capital to expand the company. It uses LENR techniques to produce industrial heat energy, scalable across multiple sectors. The fresh capital will be directed toward product development and commercialization. HYLENR aims to help move India toward a carbon-free future and build global reach, which also aligns with the trending vision of the government.

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IN-SPACe Awards ₹12 Billion Contract to PixxelSpace for a Native Earth Observation Satellite Constellation

PixxelSpace-led consortium wins $12 billion project from IN-SPACe, outbidding big players like Indian Defence manufacturers. The fund will be directed to build 12 homegrown satellites to avoid foreign dependency and boost India’s space economy. IN-SPACe bridges the gap between government and private companies to enhance advancement in space innovations.

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GVFL Invests ₹4 Crore in Genexis to Boost Protein Manufacturing R&D

Genexis raised ₹4 crore from GVFL, intending to scale recombinant protein manufacturing products. It is committed to closing the gap between the manufacturing of animal-origin-free products and scaling production to meet industry demand, such as healthcare, food, and pharma companies. GVFL also found the strategic opportunity to finance the innovative biotech formulations.

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OutZidr: Bengaluru Startup Revolutionizing Trendy Western Wear for Gen Z Women

OutZidr is a Bengaluru-based fashion startup that’s fast turning out to be the darling of Gen Z women’s western wear. Within a period of five months, it has rolled out more than 8,000 styles and has served more than 1,25,000 consumers. With a plan for an offline store as well as growing its teams, OutZidr is all set to revolutionize how young women buy fashionable clothing in India.

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Chennai-based venture financing firm Speciale raises ₹600 crore to back early-stage startups

Speciale, a deep tech investment firm, has secured double the size of round II, i.e., ₹600 crore, aiming to invest in 18-20 startups between 2025-2029. Managing director, Vishesh Rajaram, focuses on deep-tech innovations that include flying taxis, 3D-printed rocket engines, no-code platforms, and AI. He intends to serve sovereign tech and global needs, generating a return on investment over 6-10 years.

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MapmyIndia buys ₹25 Cr Zepto stake: A strategic pre-IPO move

MapmyIndia has invested ₹25 crore in Zepto for a 0.049% stake in the company via a secondary deal. In return, Zepto will leverage MapmyIndia’s navigation models to optimise routes and enable faster deliveries. MapmyIndia has strategically infused capital into the e-commerce platform to tap into the benefits of the upcoming public listing of Zepto, while Zepto revamps its ownership structure to increase the stake of Indian shareholders.

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