The Kerala Funding Digest - December 2024
Here are the latest funding updates from Kerala for Dec 2024.
Edtech Startup NumberOne Academy raised Rs 3 Cr Funding
NumberOne Academy, an AI-powered EdTech platform dedicated to empowering SME entrepreneurs, has secured an investment of Rs 3 crore from Santosh Nair. With this funding, NumberOne Academy plans to expand its range of business courses in Hindi and other regional languages, targeting India’s vast Hindi-speaking market.
Reliance Industries Acquired Karkinos Healthcare
Reliance Industries acquired Karkinos Healthcare for Rs 375 crore through its subsidiary Reliance Strategic Business Ventures. Karkinos provides technology-driven solutions for the early detection and management of cancer.
Q-Comm Startup, KiranaPro raised pre-seed funding
KiranaPro, a quick commerce app dedicated to empowering local Kirana stores and supermarkets, has raised from a mix of angel investors and early-stage venture firms, including Unpopular Ventures, Blume Founders Fund, Snow Leopard Ventures, angels including Yatish Talvadia (MilkBasket) and Vikas Taneja (BCG).
Techstars NYC Backed Engagespot Raises $250K
Engagespot, a Thiruvananthapuram based startup, has become the first company from Kerala to be selected for the prestigious Techstars New York City Accelerator Programme. As part of this programme, the company also secured $250,000 in funding.
Money Conclave 2024 Concludes Successfully in Kochi
The two-day Money Conclave 2024, held on December 18 and 19 at the CIAL Convention Centre in Kochi, brought together key stakeholders in the financial and entrepreneurial ecosystem. Highlights included a 'Pitchathon' that awarded $10,000 in funding .