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Over 100 students to launch 20 D2C startups in India: Tetr B-school

YourStory

YourStory · 9m ago

Over 100 students to launch 20 D2C startups in India: Tetr B-school

Students from the Tetr College of Business are launching 20 D2C ventures in India, spanning categories such as cosmetics, snacks, and apparel. With mentorship from industry leaders like Priyanka Gill and Arjun Vaidya, they aim to master brand-building and market strategies. The D2C Founder Connect event enabled students to brainstorm with founders from brands like Lenskart. Andrea Chapman and colleagues are introducing ServeClub for the pickleball community, having gained valuable experience in Dubai.

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Exclusive: Tetr College of Business raises $17.5 Mn in maiden funding round

Entrackr

Entrackr · 6d ago

Exclusive: Tetr College of Business raises $17.5 Mn in maiden funding round

Tetr College of Business, a global business school, has raised Rs 154.33 crore (approximately $17.5 million) in its maiden round of funding from Owl Ventures and Bertelsmann India Investments. The board at Pmmue Eduservices Private Limited (parent company of Tetr) has issued 3,130 Series A compulsory convertible preference shares and 20 equity shares at an issue price of Rs 4.89,348.33 each to raise the above mentioned amount, as per its regulatory filing with the Registrar of Companies (RoC). Owl Ventures led the round with an investment of Rs 88.19 crore ($10 million), while Bertelsmann India Investments followed with Rs 66.14 crore ($7.5 million). According to Entrackr’s estimates, the latest funding valued the company at around Rs 644 crore or $73 million post-money. Founded in 2024 by Pratham Mittal, Tetr College of Business is a global B-school where over 300 undergraduate students from around the world learn business by building real ventures across seven countries including the USA, Italy, Singapore, Brazil, the UAE, India, and Ghana. As part of its four-year bachelor’s program, students gain hands-on entrepreneurial experience while studying at some of the world’s most prestigious academic institutions. In October last year, Tetr College of Business launched a $10 million fund named ‘Tetr Under 20’ to support student entrepreneurs. Led by Manoj Kohli, Viney Sawhney, Pratham Mittal, and others, the fund aims to invest in 20 innovative and sector agnostic ideas across areas such as AI, emerging technology, sustainability, D2C, and healthcare. As of FY24, the company was in the pre-revenue stage and had not reported any operating income. It posted a loss of Rs 70 lakh, primarily due to marketing and employee expenses. Its FY25 data has yet to come.

Physics Wallah’s School Of Startups Unveils Second Aarambh Cohort

Inc42 · 1y ago

Physics Wallah’s School Of Startups Unveils Second Aarambh Cohort

PW SOS is a platform that provides entrepreneurs with affordable ideation programs. In addition, the company has launched the PW School of Startups and a $11.9 million fund to support over 100 startups. They have also created a 5-day offline program called Aarambh, which is designed for school students, college students, and early professionals.

Over 100 startups led by Delhi school students presented business ideas to investors in 2023

Money Control

Money Control · 1y ago

Over 100 startups led by Delhi school students presented business ideas to investors in 2023

More than 100 startups led by students from Delhi schools showcased their business ideas to investors at the "Business Blasters Investment Expo" in 2023. Additionally, 32 students from a Delhi government-run school secured seats at the esteemed National Defence Academy (NDA). However, the deteriorating air quality in Delhi led to a 10-day closure of educational institutions, posing challenges for students. On a positive note, Delhi schools played a significant role in providing education and support to over 150 students from Manipur who were affected by violence.

Yummy Plate offering meal services for schools raises $2M in a seed round

IndianStartupNews

IndianStartupNews · 2y ago

Yummy Plate offering meal services for schools raises $2M in a seed round

Yummy Plate, a school meal service provider, secures $2 million in seed funding led by K12 Techno Services. The startup aims to expand its nutritious meal offerings to more schools across India, focusing on technological advancements and presence in cities like Mumbai, Pune, Hyderabad, Chennai, and Delhi. The B2B startup currently serves over 3,000 students and plans to cater to 100+ schools and 20,000 students within a year.

Early-stage venture capital firm First Cheque to invest in 15-20 startups

Economic Times

Economic Times · 1y ago

Early-stage venture capital firm First Cheque to invest in 15-20 startups

Early-stage venture capital firm, First Cheque, plans to invest in 15-20 startups from its third cohort over the next 18 months. The average first cheque size will be up to $500,000. The firm, which is under the umbrella of India Quotient Venture Capital, focuses on pre-seed investments, particularly in direct-to-consumer (D2C) startups. They aim to support truly differentiated D2C brands, especially in categories with an empty market. So far, First Cheque has invested in over 130 startups, including companies such as Giva, Rocketlane, Seekho, Fleetx, DrinkPrime, and Simplismart.

Physics Wallah launches PW Gurukulam School in Gurugram

IndianStartupNews

IndianStartupNews · 1y ago

Physics Wallah launches PW Gurukulam School in Gurugram

Physics Wallah, the edtech unicorn led by Alakh Pandey, has entered the traditional schooling system with the launch of PW Gurukulam School in Gurugram. The school aims to enroll 400 students in its first batch and offers a curriculum aligned with the National Education Policy 2020. It focuses on all-inclusive education, innovation, and culture, with an emphasis on experiential learning and skills like financial literacy and entrepreneurship. The launch reflects Physics Wallah's expansion beyond online learning and its dedication to enhancing educational opportunities in India.

ChatGPT traffic slips again for third month in a row

Economic Times

Economic Times · 2y ago

ChatGPT traffic slips again for third month in a row

OpenAI's ChatGPT, the AI chatbot, experienced a decline in monthly website visits for the third consecutive month in August. Worldwide visits decreased by 3.2% to 1.43 billion, with a reduction in average time spent on the site. However, August saw a slight increase in unique visitors, potentially due to students returning to school. ChatGPT reached 100 million monthly active users just two months after its launch and remains a widely used generative AI tool for various tasks.

PhysicsWallah launches new school to provide elementary education

Inc42 · 1y ago

PhysicsWallah launches new school to provide elementary education

PhysicsWallah, led by Alakh Pandey, has entered the offline education space with the launch of PW Gurukulam School. Located in Gurugram, the school will offer elementary education from play school to seventh grade, with a curriculum affiliated to CBSE. The school has enrolled 400 students for its inaugural batch and aims to provide experiential learning, focusing on financial literacy, entrepreneurship, and programs like Model United Nations. PhysicsWallah, which started as a YouTube channel and later expanded into various segments, currently has 67 offline centers across 38 cities and recorded significant revenue growth in FY23.

IIMC Innovation Park, TechnoServe join hands to nurture over 100 green startups in five years - The Economic Times

Economic Times

Economic Times · 1m ago

IIMC Innovation Park, TechnoServe join hands to nurture over 100 green startups in five years - The Economic Times

IIM Calcutta Innovation Park has partnered with TechnoServe’s Greenr Sustainability Accelerator to support over 100 climate-focused startups in India over five years. The initiative will incubate 20-25 startups annually in sectors like waste management and renewable energy. The top-performing startups will receive advanced support, supported by the IKEA and Visa Foundations. This collaboration enhances IIMCIP’s Cleantech and Sustainability Fund and promotes green entrepreneurship, positioning India as a cleantech innovation hub.

Artha India Ventures announces final close of its fund to invest in top portfolio startups

IndianStartupNews

IndianStartupNews · 3m ago

Artha India Ventures announces final close of its fund to invest in top portfolio startups

Artha India Ventures (AIV) has finalized its Artha Select Fund (ASF) at Rs 432 crore, exceeding its Rs 330 crore target by 31%. With total assets under management now over Rs 1,200 crore, ASF will invest in the top 15% of performers from Artha's portfolio. It plans to invest Rs 20 crore each in 12-14 startups at Series B and C stages over four years, supported by 80% Indian family offices and 20% global LPs.

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