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Marwari Catalysts unveils Rs 4,000 Cr Impact Fund

EntrackrEntrackr · 7d ago
Marwari Catalysts unveils Rs 4,000 Cr Impact Fund
Medial

Marwari Catalysts unveils Rs 4,000 Cr Impact Fund Backed by over 150 co-investors, family offices and 200+ global mentors, the initiative coincides with MCats’ expansion into Dubai and Singapore. Marwari Catalysts (MCats), a Jodhpur-based startup accelerator, has announced plans to build a Rs 4,000 crore ($500 million) impact-focused portfolio by 2027. “We believe valuations shouldn’t eclipse values,” said Sushil Sharma, founder of Marwari Catalysts. “This fund is our blueprint for a more resilient and inclusive India. Success isn’t just about unicorns; it’s about building companies that improve lives and create lasting social change.” Since inception, MCats has invested in more than 100 early-stage ventures nationwide, generating over 5,000 jobs. Around 35% of its portfolio companies are led by women co-founders, with several key leadership roles also held by women. Through its investments and mentoring programmes, MCats aims to advance multiple UN Sustainable Development Goals (SDGs), including quality education, gender equality, decent work and economic growth, sustainable cities and climate action. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever.

India Accelerator unveils Cohort'25, commits $8-10M for tech startups

YourStoryYourStory · 8m ago
India Accelerator unveils Cohort'25, commits $8-10M for tech startups
Medial

India Accelerator has introduced its 2025 cohort for tech startups, with plans to invest $8-10 million in the programme. In the first quarter of 2025, the cohort will commence to accelerate 30-35 startups in sectors such as autonomous drones, sustainable mobility, ecommerce ecosystems, and Generative AI. India Accelerator aims to provide full ecosystem support to enable startups to make a market-driven impact. The initiative seeks to drive industry transformation and socio-economic change through innovations in various sectors. The accelerator will offer resources and a robust launchpad to help startups achieve market readiness, along with a specialised mentor board and guidance from industry experts.

Amazon Web Services commits $50M for generative AI initiative to help public sector organisations

YourStoryYourStory · 1y ago
Amazon Web Services commits $50M for generative AI initiative to help public sector organisations
Medial

Amazon Web Services (AWS) is launching the 'AWS Public Sector Generative Artificial Intelligence Impact Initiative' with a $50 million investment to support public sector organizations. The initiative aims to accelerate innovation using AWS GenAI services and infrastructure. AWS will provide promotional credits, training, technical expertise, and resources to support GenAI projects over a two-year period. This initiative builds on AWS's commitment to supporting GenAI startups and their global accelerator program. The goal is to help public sector organizations address challenges and unlock the potential of GenAI and other cloud-based technologies to positively impact society.

Finfluencer Sagar Sinha launches Rs 10 Cr startup fund

EntrackrEntrackr · 1y ago
Finfluencer Sagar Sinha launches Rs 10 Cr startup fund
Medial

Finance influencer and motivational speaker Sagar Sinha has launched a Rs 10 crore fund for startups and budding entrepreneurs. Through his investment, Sinha aims to support startups and entrepreneurs in realizing their full potential and achieving their goals. “I am excited to support the next generation of entrepreneurs and innovators. I believe that by investing in startups and entrepreneurs, we can create a positive impact on society and drive sustainable growth,” said Sinha in a statement. He is a reputed name in the Josh Talks and a popular TedX Speaker. With over a decade of experience, Sinha claims to have delivered over 5,000 lectures, reaching millions globally. Utilising YouTube and other social media platforms with followers of more than 7 million, he shares his knowledge to spread financial literacy. In July last year, Sinha launched a series of corporate training programmes that aims to empower young entrepreneurs.

JITO Shark Angels commits Rs 30 Cr to startups at JIIF Flames Summit

EntrackrEntrackr · 6m ago
JITO Shark Angels commits Rs 30 Cr to startups at JIIF Flames Summit
Medial

Four high-growth startups have secured funding in a bridge round worth Rs 30 crore at a recently held seed funding initiative by JITO Shark Angels. The JITO Shark Angels Pitch & Rise session during the JIIF Flames Summit saw Investors Madanlal Gundecha, Ecosystem Ventures founder Abhishek Sanghvi, Kiran Dantewadia, and Rajesh Jain leading the funding round. The investment was strategically allocated in the D2C consumer tech sector directed towards smart technology and sustainability. These funds aim to accelerate innovation and strengthen India's business landscape by backing ventures with significant growth potential. The JIIF Flames Summit provided a platform for discussions on investment trends, family business governance, and emerging market opportunities. Sessions covered Pre-IPO investments, stock markets, real estate, and gold, along with insights into the impact of Budget 2025 on business decisions. JITO Shark Angels supports high-potential startups across diverse sectors. Internationally, the initiative has also made its mark, with a Dubai edition witnessing a Rs 20 crore commitment from investors across logistics, space, fintech, and SaaS AI. Companies like Elixia and Astrophel Aerospace were among the beneficiaries of this funding. The JITO Incubation and Innovation Foundation (JIIF) is the innovation and entrepreneurship arm of JITO, committed to nurturing ideas and fostering businesses among its members. JIIF provides a platform for startups and established businesses to collaborate, innovate, and scale through strategic support, mentorship, and funding opportunities. It aims to expand impact across industries while promoting sustainable and community-centric growth.

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