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25 startups were granted pre-seed funding by Gujarat University

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Nowadays, people are showing interest in launching their own startups rather than working for any other company. To inculcate the entrepreneurship values and to encourage budding entrepreneurs, government is also coming up with new campaigns for it. Startup India by Government of India and T-hub by Telangana State Government are of that kind.

Gujarat University Startup and Entrepreneurship Council (GUSEC) in association with Gujarat CSR Authority also initiated a campaign called Jump Start, an opportunity for startups to get pre-seed funding. They received applications from 350 startups, out of which 50 applications have been moved forward. The shortlisted startups are invited for an interview and 25 startups became eligible for pre-seed funding.

Through this Jump Start, the selected startups are granted with a pre-seed fund of Rs. 40,000, necessary infrastructure, incubation and mentorship for their growth and development.

The most start ups which are selected are incubated in GU Startup and Entrepreneurship Council and Gujarat University. Only a few are out of Gujarat University. But after being selecting for this Jump Start, all startups are given the same preference. The rest 25 startups among the shortlisted are given with infrastructure support, incubation and mentorship at GUSEC.

To advance and support the budding entrepreneurs in the University, GUSEC was established in November 2015. The Gujarat University SEC has the capacity to incubate 80 startups. Till today it has supported 43 startups. Presently 36 startups are incubated in it.

The mission of GUSEC is to create job creators, not the job seekers. It also plans to set up a centralized startup support system for all the colleges under it.

The 25 startups which are selected for the grant are:

1) Sudaksha: It adapts drone technology in real time to improve the stability without the requirement of calibration.

2) Synbiotic Foods: This food startup offer products with Spirulina to improve nutrition levels. Also, they provide a combo of prebiotics and probiotics.

3) Sports Wearable: It is an IoT device to record and analyze the data of an athlete and gives feedback.

4) WeHear: They are working on hearing aids for deaf people. This device is BlueTooth enabled and the user can listen to songs and speak on phone.

5) My Class Campus: For effective communication among teachers, students, parents and management, My Class Campus is a personalized application for that purpose.

6) Resource Center for Actuarial Mathematics: It is a center for actuarial studies which involves advanced mathematics and statistics.

7) Funkaar Gigs: It is a connection between musicians and people who are looking for musicians.

8) Tractor Sodho: It is a rental service provider for farm machinery and equipment.

9) Planet Earthligs: They develop a virtual world and network to bring all children around the world to learn at a place.

10) CampusYaari: They developed a custom merchandise solutions for small and big brands.

11) Chemsol: Developed a synthetic method for a cancer drug, which may change how drugs are made around the globe.

12) Salubrious Gujarat: They are working to explore medicinal plants for critical illness.

13) Wittybrowns: They are to introduce moral and practical education to students across several schools.

14) D.A.C.H: It is called as De Assemble Camera Holster. It is used to decrease the weight of professional camera from neck and shoulders to the waist of the photographer.

15) SciTech: They are working to develop scientific approach and aptitude in children up to age 14 years.

16) Infin24: They are a guide to customers to buy mutual funds and financial assistance to customers.

17) Lutalica: It is a forum of the same kind of writers to share and express their thoughts.

18) PreBOO: It is an application which enables tutors and teachers to send reports and other activities of the student to parents.

19) StudentDesk: It is a platform where students can sell, buy, exchange and donate their books.

20) App-based Ambulance Calling and Tracking: A mobile based application which enables to request an ambulance on phone.

21) CashBasket: It is a platform where the customer can find many discount coupons and cash cards.

22) Luminati: They are with an innovative idea to design smart clothing.

23) ieacon: They have created a new platform to interact with customers. By this, the distance between the customers and merchants can be decreased.

24) BrainyBottle: They developed a mechanism for the self-destruction of used plastic and aluminum bottles.

25) Kollegians: It is a college management system which can host data from multiple colleges at a time.

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Blissclub Raises INR 33 Crore in Fresh Funding Months After Layoffs

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Blissclub, the women-centric D2C apparel brand, has raised INR 33 crore in a Pre-Series B funding round led by Elevation Capital, with Eight Roads Ventures also participating. This funding comes just three months after the company laid off 18% of its workforce-about 21 employees from creative, sales, marketing, growth, and product teams-due to high cash burn and challenges in securing new capital.

The latest investment was made through the allotment of 16,076 compulsory convertible preference shares (CCPS) at a premium of INR 20,428 each. Elevation Capital invested INR 19 crore, securing a 24.5% stake, while Eight Roads Ventures contributed INR 14 crore, raising its stake to 15.79%. The capital will be used for working capital, capital expenditure, and general corporate purposes.

Founded in 2020 by Minu Margeret, Blissclub started as an online activewear brand for women and has since diversified its product range and established offline stores. Despite recent restructuring, the company’s revenue grew 27% to INR 86.9 crore in FY24 from INR 68.3 crore in FY23, though net losses also increased to INR 43.9 crore.

Blissclub’s successful fundraising, despite recent layoffs, underscores both the ongoing challenges and the resilience of India’s D2C startup sector in a difficult funding environment.

 

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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