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Startup news and updates: Daily roundup (September 25, 2024)

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Startup news and updates: Daily roundup (September 25, 2024)

Bread brand The Health Factory has secured $3.5m in seed funding led by Peak XV’s Surge. The investment will enable the company to expand its reach and disrupt additional markets with its health-focused offerings. The Health Factory plans to use the funding to broaden its retail presence and enhance logistics and operational technologies. Proptech firm Flent has raised INR6.5 crore ($880,000) in a pre-seed round led by WEH Ventures to simplify the renting experience for India’s young professionals. Flent's flagship product, Flent Reserve, offers fully furnished designer homes with zero brokerage and flexible terms. Meanwhile, gaming company KRAFTON India has opened applications for the second cohort of its KRAFTON India Gaming Incubator (KIGI) programme. KIGI aims to incubate 6-10 new teams and offers financial support and mentorship to selected teams.

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