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The/Nudge Foundation Receives Grant Worth Of $ 250,000.

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The/Nudge Foundation Receives Grant Worth Of $250000,Startup Stories,Inspirational Stories 2017,The/Nudge Foundation Receives Grant Worth $250K By Rockefeller Foundation,Rockefeller Foundation Founder,The/Nudge Foundation Latest News,The/Nudge Foundation Funds,The/Nudge Foundation Plans for Students

The/Nudge Foundation, backed by Infosys founder Nandan Nilekani, Tata Trusts and other industry heavyweights, received a whopping grant worth $ 250,000 by the Rockefeller Foundation. This grant has been given to The/Nudge Foundation in order to help them expand its operations across different parts of India.

The/Nudge Foundation said in a statement, it is currently operating only in Karnataka. Through this round, The/Nudge Foundation will use the funds for capacity building across admissions, programme delivery, product research and data management systems.

Started in the year 2015 by Atul Satija, the foundation runs two organisations,  Gurukul (a school for the underprivileged) and N/Core (an incubator for non profit startups.) Under the Gurukul programme, underprivileged men and women are taught to read and write. Along with education, the students are also given jobs after completing the programme.

Through Gurukul, The/Nudge Foundation plans on training over 5,000 students. N/Core was launched early this year and is an incubator for non startups. The organization selects startups and offers an innovation grant worth Rs. 10 lakhs. Not just that, the foundation also mentors these startups and gives them a base to grow their business.

Through N/Core, Nudge will invest more than Rs. 50 crores over the next five years to incubate and support over 100 non profit startups. It will host startups in the areas of education, healthcare, employability, access to finance, agriculture, water, sanitation, energy, gender equality, human rights and disaster management.

Intervention by The/Nudge Project of End Poverty attacks the root causes of unemployability among India’s youth and the team has an impressive track record in equipping and supporting the underprivileged youth in hard as well as soft skills that allow them to thrive. With this grant, we are confident End Poverty through The/Nudge Project can make a tangible impact that shapes a better and brighter future for many deserving Indian youth,” Ashvin Dayal, Associate Vice President and Managing Director, Asia, Rockefeller Foundation, said in a statement.

 

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Imarticus Learning Acquires MyCaptain for INR 50 Crore to Boost Non-Tech Upskilling

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My Captain

Imarticus Learning, an IPO-bound professional education firm, has acquired Bengaluru-based edtech platform MyCaptain for INR 50 crore in a cash-and-stock deal. This marks Imarticus’s fourth acquisition in four years and is aimed at expanding its presence in non-tech career training, especially across India’s Tier-II and Tier-III cities. MyCaptain, which has over 500,000 learners and a revenue of ₹27 crore for FY25, specializes in creative and entrepreneurial fields, with 60% of its users from smaller cities.

 

With this acquisition, Imarticus will bring MyCaptain’s employability bootcamps in digital marketing, design, and content to its 20+ classroom centers in 16 cities, blending online and offline learning. MyCaptain will operate as a fully-owned subsidiary, and all 250 of its employees will join Imarticus, expanding the combined workforce to over 850. The move supports Imarticus’s goal to reach five million learners by FY28 and deepen its offerings in non-tech domains.

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Ex-100X.VC Partners Launch 247VC, Announce INR 250 Crore Fund for Seed-Stage Startups

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StartupStories

Former 100X.VC partners Yagnesh Sanghrajka and Shashank Randev have launched a new venture capital firm, 247VC, unveiling a maiden fund with a target corpus of INR 250 crore (about $30 million). The SEBI-registered Category II AIF includes a base of INR 200 crore and a INR 50 crore greenshoe option, and is focused on backing 30 seed-stage startups across India over the next three years.

 

247VC will target high-potential founders in sectors like deeptech, enterprise tech, consumption, and Industry 5.0, with initial cheque sizes ranging from INR 3 crore to INR 4 crore and follow-on capital for top-performing companies. The fund has attracted prominent early backers, including Sachin Tagra (JSW Ventures), Vivek Mathur (ex-Elevation Capital), and Shailendra Majmundar (Johns Hopkins University).

Sanghrajka and Randev, who together have invested in over 200 startups previously, aim to support ambitious founders building for scale and innovation, especially in emerging and underexplored markets. The launch comes as seed-stage investing gains momentum in India, with average cheque sizes rising despite a cautious funding environment.

 

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Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

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Flam_StartupStories

AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

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