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Reliance To Partner With Assam Government

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Reliance To Partner With Assam Government,Startup Stories,2018 Latest Business News,2018 Best Motivational Stories,Prime Minister Narendra Modi,Union Budget 2018,Reliance CEO Mukesh Ambani,Advantage Assam,#AdvantageAssam,Global Investors Summit,Reliance Invest in Assam Govt

In a bid to work with the plans outlined by Prime Minister Narendra Modi in the Union Budget for 2018, Reliance Chief Executive Officer, Mukesh Ambani said he wants to create a long term plan with the Government of Assam. Attending the inaugural session of Advantage Assam – The Global Investors Summit, Mukesh Ambani addressed the people at the Summit by saying, “Axomor gorbito raaiz, apunaluke mur xuvessa grahan koribo.” (I wish the people of all the very best in everything.)

In his speech, Ambani outlined his plans for a future where Reliance plays a huge role in the development of Assam. Acknowledging the efforts of the Assam Govt, Ambani said, “I was highly impressed when I met the CM of Assam (Sarbananda Sonowal) and his young team. I congratulate the CM for hosting such a big event.”

In his speech, Mukesh Ambani outlined a five point plan for not just Assam, but North East India as well. The plan includes the following points:

1. Reliance will invest an additional Rs. 2.5 crores to increase retail outlets in Assam from 2 outlets to 40. Reliance will also increase the number of petrol pumps in Assam from 27 to 165.

2. Reliance Jio will open new offices in all Tehsils to help farmers, artisans and small businessmen of Assam.

3. Reliance will help in the creation of new livelihood opportunities. 20,000 employment opportunities have already been created, which is also targeted to increase to over 1 lakh.

4. Reliance will partner with the Assam Government to establish a world class center to promote wildlife and tourism in Assam.

5. Indian Super League (ISL) has become a huge success in Assam and will establish a top class football academy in partnership with the Assam Government.

For a while now, Assam has been ignored by the other telecom industries. Reliance realises the potential Assam holds and with the idea of developing a nation that doesn’t have all the required communication facilities, Reliance plans on making Assam a major priority. The Global Investors Summit is happening at the perfect time.

With the budget just a few days old, the government, as well as the service providers, are working on expanding the way they work. Ambani also praised Prime Minister Narendra Modi for his government “presenting one of the best budgets in recent times” by focusing on all segments of the society, including the farmers. Reliance has introduced a strategic plan that helps in facilitating growth the right way and this is exactly what is happening in Assam.

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Swiggy Unveils Pyng: AI App Linking Users to Verified Pros

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Swiggy - StartupStories

Swiggy has launched Pyng, a new app aimed at connecting consumers with verified professionals across over 100 specializations, including yoga instructors, financial advisors, tutors, and event planners. Currently live in Bengaluru, Pyng uses AI to match users with trusted experts and offers a money-back guarantee for unsatisfactory services.

The app also provides professionals with tools to manage bookings, track payments, and schedule services efficiently. This marks Swiggy’s entry into the professional services marketplace, expanding beyond its core food delivery and quick commerce businesses. Pyng is available on both iOS and Android, with plans for a nationwide rollout.

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Eat Better Secures ₹17 Crore in Pre-Series A Funding

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Eat Better, a Jaipur-based D2C snacking brand, has raised ₹17 crore in a Pre-Series A funding round co-led by Prath Ventures and Spring Marketing Capital. Founded by Vidushi Kanoria, Mridula Kanoria, and Shaurya Kanoria in 2020, Eat Better specializes in healthy snacks like dry fruit ladoos and nuts.

Key Highlights:

  • Investment Use: Funds will expand Eat Better’s product line and enhance its presence on quick commerce platforms.
  • Market Position: Competes with brands like Happilo and Yoga Bar in the healthy snacking space.
  • Operational Milestones: Fulfills over 2 lakh orders monthly.
  • Financial Performance: Revenue grew nearly threefold to ₹14.47 crore in FY24, with a reduced net loss.

Market Opportunity:

The Indian food and beverages market is projected to reach $68 billion by 2030, positioning Eat Better favorably to capitalize on the demand for healthy snacks. With this funding, Eat Better aims to strengthen its market presence and product offerings.

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Outzidr Raises ₹30 Crore to Transform Gen Z Fashion

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Bengaluru-based D2C fashion startup Outzidr, co-founded by Nirmal Jain, Mani Kant Mani, and Justin Mario, has secured ₹30 crore in seed funding led by Stellaris Venture Partners, with participation from angel investors like Ramakant Sharma (Livspace) and Ghazal Alagh (Mamaearth).

Launched in February 2025, Outzidr targets Gen Z women aged 17–27 with affordable occasion-specific apparel such as partywear and travel outfits. The brand introduces over 2,000 new designs monthly and uses a “test-and-react” model to scale popular styles based on early sales data. With an agile inventory cycle of less than three weeks, it plans to shift 90% of manufacturing to India within two years for sustainability.

The funds will bolster supply chain efficiency, technology development, team expansion, and brand-building. Outzidr aims to achieve ₹100 crore annualized revenue within 6–8 months through its D2C platform and marketplaces like Myntra, Nykaa Fashion, and AJIO.

Led by industry veterans with expertise in fashion and logistics, Outzidr is poised to capitalize on India’s growing D2C market fueled by Gen Z’s demand for trendy and affordable fashion.

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