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Startup news and updates: Daily roundup (July 24, 2024)

YourStory · 11m ago

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FAAD Capital has made pre-seed investments in four agritech startups through its AgriManch Accelerator. Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech have collectively received $121K in funding, as well as access to networking opportunities and expertise in go-to-market strategies. Meanwhile, Myntra has added a gifting category to its ecommerce platform, partnering with gifting players like Ferns and Petals, IGP, Floweraura, Interflora, and Marriott. The company aims to expand its selection to one lakh products by the Rakhi season and plans to offer same-day and next-day delivery in 10 cities. Gupshup has appointed Lorrie Norrington, an expert in scaling internet businesses, to its Board.