Tuesday, September 30, 2025 News Archive

ISB’s Atal Innovation Centre (AIC) has selected 15 agritech startups for the government-backed NIDHI accelerator program. The initiative will provide mentorship, funding access, and strategic guidance to early-stage ventures. The selected startups are working on solutions in precision farming, crop analytics, and agri-fintech models, aimed at strengthening India’s agriculture sector.

Premium ice cream brand Hocco has raised ₹115 crore in a funding round led by Sauce.VC, valuing the company at ₹2,000 crore. The investment comes months after its Series B, reflecting investor confidence in its rapid expansion. The funds will be used to scale production, expand retail presence, and strengthen Hocco’s position in India’s growing premium FMCG sector.

Electric mobility startup iGoWise has raised ₹82 crore in a funding round led by ISB Angels and other investors. The capital will be used to expand manufacturing capacity, strengthen R&D, and accelerate go-to-market strategies. With growing demand for electric two-wheelers, iGoWise is positioning itself as a competitive player in India’s EV ecosystem with a focus on affordability and innovation.

Recur Club, an AI-native debt marketplace, has secured $50 million to expand its autopilot debt financing platform. The funding aims to enhance scalability, broaden product offerings, and support startups seeking faster and flexible financing options. The platform enables businesses to access non-dilutive capital with speed and efficiency, reinforcing its position as a leading fintech innovator.