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Startup news and updates: Daily roundup (May 22, 2024)

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, May 22, 2024.

Dubai
Dubayy
United-arab-emirates
United-states
Canada
Bengaluru
Karnataka
India
Gadhadar-reddy
Vijay-subramaniam
Puneet-kumar
Pawan-agarwal

Nikhil Kamath invests in Collective Artists Network

Nikhil Kamath has invested in Collective Artists Network led by Vijay Subramaniam, marking a strategic milestone in the company s trajectory. This investment, a secondary transaction, is facilitating an astonishing return of more than 5X, through a

Bangalore
Karnataka
India
Nikhil-kamath
Vijay-subramaniam
Gruhas-collective-consumer-fund
Artists-network
Collective-artists-network
Nikhil-kamath-backed-gruhas
Bigbang-social
Collective-creative-labs

Matel funding: EV components maker Matel raises $4 million in funding

Matel makes components like power trains and motor control units for EVs. This funding round saw participation from investors like Nikhil Kamath-backed Gruhas and from Haresh Abichandani, the founder of electronic components firm Millenium Semiconductor.

Delhi
India
Haresh-abichandani
Raiyaan-shingati
Offering-college
Technology-leadership
Indian-school-of-business
Certificate-programme-in-data-science-machine
Millenium-semiconductor
Transition-venture
Nikhil-kamath-backed-gruhas
Tech-prowess

Matel Funding: EV components maker Matel raises USD 4 mn in funding, ET Auto

Matel Funding: Matel makes components like power trains and motor control units for EVs. This funding round saw participation from investors like Nikhil Kamath-backed Gruhas and from Haresh Abichandani, the founder of electronic components firm Millenium Semiconductor.

Haresh-abichandani
Raiyaan-shingati
Millenium-semiconductor
Transition-venture
Nikhil-kamath-backed-gruhas

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