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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.

AI startup Nayan Tech raises $2 Mn in pre-Series A round

EntrackrEntrackr · 10m ago
AI startup Nayan Tech raises $2 Mn in pre-Series A round
Medial

Nayan Tech, an innovative AI-based startup providing smart city solutions for traffic monitoring, has raised $2 million in its pre-Series A round led by BEENEXT and other investors including We Founder Circle, Venture Catalysts, Lets Venture, FAAD Capital. The proceeds will be used to expand Nayan’s AI and IoT-powered solutions business and operations in India as well as internationally, including traffic management, road safety, infrastructure monitoring, and driver behavior monitoring through Nayan’s AI-powered dashcam. Founded by Jayant Ratti, Nayan Tech provides smart city solutions for traffic monitoring, municipal automation, urban infrastructure management driver behavior monitoring, fleet management, and passenger safety. The platform uses a combination of dashcams, drones, and smart mobile applications to collect vast amounts of data from vehicles, public transport, and delivery fleets. This data is processed using AI algorithms to monitor driver behavior, traffic violations, infrastructure damage, and other critical factors that impact city life. The startup claims to have already signed up over 17,000 drivers across India, who provide crowdsourced footage to fuel its AI engine. Nayan’s technology has gained traction with 35 contracted customers and 60 sign-ups in its pipeline, generating a total order book of Rs 35 crore.

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