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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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Yali Capital Makes History with ₹893 Crore Deeptech Fund to Power Indian Innovation

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Yali Capital

Bangalore’s Yali Capital has closed its first deeptech-focused fund, raising a substantial ₹893 crore (about $104 million) and surpassing its initial ₹500 crore target. This major fundraising milestone highlights the growing appeal and investor confidence in India’s deeptech landscape, fueling innovation in pivotal sectors like semiconductors, artificial intelligence, robotics, aerospace, genomics, and smart manufacturing. The fund cements Yali Capital’s position as a key player driving progress in India’s burgeoning tech ecosystem.

Strategically, Yali Capital’s fund targets both early-stage (Seed, Series A) and later-stage (Series D and beyond) startups. Its diverse roster of Limited Partners (LPs) includes prominent corporations such as Infosys, Qualcomm Ventures, and Tata AIG, alongside government-backed organizations like the DPIIT Fund of Funds for Startups and the Self-Reliant India Fund. With heavyweight backers like Kris Gopalakrishnan (Infosys co-founder), Gopal Srinivasan (TVS Capital), and Utpal Sheth (RARE Enterprises), Yali Capital ensures robust strategic support. The firm’s dual structure—a SEBI-registered Alternative Investment Fund (AIF) and a GIFT City-based feeder vehicle—enables global investor participation, guided by tech luminary Lip-Bu Tan and managing partner Ganapathy Subramaniam.

Already, Yali Capital has invested in five breakthrough startups, including C2I Semiconductor, 4baseCare, and Perceptyne, focusing on chip design and AI. By devoting two-thirds of its fund to early-stage companies, Yali Capital underscores its commitment to nurturing next-generation Indian deeptech founders. This fundraising success aligns with a nationwide trend of surging investments in advanced technology and positions Yali Capital at the forefront of India’s drive toward self-reliance and global tech leadership.

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Agritech Startup Gramik Raises INR 17 Crore to Expand Rural Commerce in India

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StartupStories
  • Gramik, a Lucknow-based agritech startup, has secured INR 17 crore in a bridge funding round ahead of its upcoming INR 56 crore Series A raise.
  • The funding round included investments via Optionally Convertible Debentures (OCDs) and Compulsorily Convertible Debentures (CCDs).
  • Key investors include Sammaan Global Ventures, Money Creeper Investment, and prominent angels such as Balram Yadav (MD & CEO, Godrej Agrovet), Gev Aryaton, Irfan Alam, Nikhil Bhagat, and Salvia Siddiqui.

Gramik’s Unique Peer Commerce Model

  • Founded in 2021 by Raj Yadav, Gramik empowers over 120 million small and marginal farmers in India through a technology-driven rural commerce platform.
  • The startup operates a dual-channel distribution network using Village-Level Entrepreneurs (VLEs) and rural retailers to deliver high-quality agri-inputs to remote areas.
  • Gramik’s full-stack platform offers demand aggregation, logistics, embedded credit, and agronomy services, ensuring last-mile delivery and support for farmers.

Expansion Plans and Future Growth

  • Gramik currently operates in 12 districts, with 1,200+ active VLEs and 250+ rural retail partners, and plans to expand to 3,000 VLEs and reach 1 million+ farmers across Uttar Pradesh, Maharashtra, and Jammu.
  • The new funds will be used to expand Gramik’s private-label products, enhance agronomy-led farmer engagement, and scale operations in key states.
  • With a strong focus on supply chain efficiency, technology, and farmer advisory services, Gramik aims to become a leader in India’s $50 billion agri-input and rural commerce market.
  • Backed by previous seed funding of over INR 25 crore, Gramik is set to drive innovation and inclusive growth for rural communities.

 

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Reliance Jio Platforms Puts $100 Billion IPO on Hold to Focus on Growth

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Reliance Jio Platforms, the digital and telecom powerhouse led by Mukesh Ambani, has decided to postpone its highly anticipated initial public offering (IPO), shelving plans for a 2025 listing. The IPO, which analysts valued at over $100 billion and expected to be India’s largest-ever stock market debut, will not take place this year. The company has yet to appoint bankers for the process, signaling that preparations for the public offering have not started in earnest.

According to sources close to the matter, Jio Platforms wants to give its business more time to grow before going public. The company is focusing on boosting revenues, expanding its telecom subscriber base, and scaling up its digital services—including apps, connected devices, and AI solutions—so it can achieve a higher valuation when the IPO eventually happens. Nearly 80% of Jio Platforms’ $17.6 billion annual revenue currently comes from its telecom business, Reliance Jio Infocomm, but the company is investing heavily in new digital ventures and partnerships, such as its collaboration with Nvidia on AI infrastructure.

The news of the delay impacted the market, with shares of parent company Reliance Industries falling by up to 1.8% following the announcement. Despite a strong IPO environment in India, Jio’s move is seen as a strategic decision to ensure stronger business fundamentals and a higher valuation before entering the public markets. Major investors, including Google and Meta, are said to support the decision, viewing it as a step toward long-term value creation.

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