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ANNY raises Rs 10 Cr in pre-Series A round led by Atomic Capital

EntrackrEntrackr · 3m ago
ANNY raises Rs 10 Cr in pre-Series A round led by Atomic Capital
Medial

Fashion-tech brand ANNY has raised Rs 10 crore in a pre-Series A funding round led by Atomic Capital. The proceeds will be used to expand product categories, drive innovation, enhance proprietary tech stack, hire key leadership talent, and strengthen distribution channels, ANNY said in a press release. Co-founded in 2023 by Japjot Singh, Aveen Kaur, and Rahul Tanwar, ANNY is a multi-category accessible luxury fashion brand that aims to transform the way modern Indian women experience fashion. Built on a real-time, inventory-light model, it delivers globally inspired, high-quality fashion at accessible prices. With a vertically integrated supply chain and a proprietary tech stack, ANNY says that it ensures speed, efficiency, and customer delight at every step. The startup aims to become the go-to fashion destination for women across India by combining agility, innovation, and a deep understanding of style and culture. “Our vertically integrated model, coupled with real-time trend responsiveness, allows us to minimize inventory risk and maximize consumer joy. With Atomic Capital’s backing, we’re not just scaling faster, we’re scaling smarter. This investment fuels our ambition to become over Rs 100 crore ARR brand by next year and drive a true movement in India’s fashion-tech landscape,” said Japjot Singh, founder and CEO of ANNY. Over a year, the brand claims to have scaled 8X, driven by a vertically integrated model, trend-led design, and deep consumer insight. Now expanding into new categories, it aspires to redefine how Indian women discover and shop fashion-forward, smart, and effortlessly stylish.

Young Entrepreneurs Fund to support AI, clean energy, and rural innovation

EntrackrEntrackr · 6m ago
Young Entrepreneurs Fund to support AI, clean energy, and rural innovation
Medial

The Young Entrepreneurs Fund (YEF), a $10 million initiative, was launched today by marketing strategist Harshavardhan Chauhaan. YEF allocates grants ranging from $10,000 to $250,000 to early-stage, pre-revenue ideas, prioritizing societal impact and scalable solutions over traditional business metrics. “Through the launch of the Young Entrepreneurs Fund, our aim is to go beyond funding business plans by investing in neural networks of influence that rewrite consumer behavior from the subconscious up,” said Chauhaan. In addition to financial support, the fund offers grantees mentorship from global brand strategists, growth marketers, and serial entrepreneurs who understand the evolving dynamics of consumer trust and fractional loyalty. The fund’s mandate spans four strategic sectors. In deep tech, YEF will support startups working on breakthroughs in artificial intelligence, quantum computing, and advanced robotics—technologies poised to redefine the global tech landscape. Clean energy innovators will be backed for solutions in renewable energy generation, green infrastructure, and carbon-neutral technologies, aligning with India’s sustainability goals. Rural platforms represent another key focus area, with the fund aiding ventures that democratize access to agritech tools, rural fintech ecosystems, and digital literacy programs. Additionally, YEF aims to support National IP initiatives, helping scale indigenous innovations, from traditional crafts to climate-resilient agricultural practices.

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