We're delighted by the strong interest we've received for our upcoming Bali and Singapore Social Innovation Bootcamp. In order to accommodate a larger cohort, we've decided to host our Bootcamp from January 20th to February 2nd, 2024.
The Bootcamp will help founders and startup leaders refine their product, customer acquisition strategy, business model and investment pitch in order to grow rapidly and raise their next funding round. Participants will receive partner benefits of over $50K from HubSpot for Startups, AWS, Google Cloud for Startups Program, Carta, Shoobx, Miro and others to help accelerate their growth. 🚀
Tata Motors has acquired a 26.79% stake in logistics platform Freight Tiger for Rs. 150 Crores (approx. $18 million). The deal includes a provision for Tata Motors to potentially inject an additional Rs. 100 Crores over the next 2 years.
Freight Tiger is a digital platform that facilitates the logistics value chain by connecting shippers, carriers, logistics service providers, and fleet owners through a unified digital marketplace. Its platform streamlines various logistical operations, including freight tracking, assignment, carrier matching, documentation, and payment processing, and facilitates over 10 million trips annually.
Swapnil Shah, Founder and CEO at Freight Tiger, shares that "Software-led approaches are the lever to transform existing industry assets and supercharge them to work more efficiently for all stakeholders. With such incredible backing and expertise, the company is strategically positioned to lead India's efforts in reducing logistics costs to under 10% of GDP from over 14%.”
Read more and watch highlights of Swapnil's founder journey building Freight Tiger to be India's largest digital freight network on the BonBillo blog:
https://www.bonbillo.com/blog/freight-tiger-founder-story
NSRCEL provides incubation opportunities to founders across India to go from an idea to a seed stage startup. They've engaged 1100+ ventures this year in 14 program tracks and 25 states.
Thank you Vijaylaxmi Patil, Ashna Thakkar and Shriyam Yagnik for the opportunity.
Wishing the cohort teams all the best with their Demo Day pitches!
Visit our Impact Jobs Board for all job listings from EatWell Meal Kits, MedTel, Pinky Promise, Cambrian Bioworks, Stride Ahead, Promeat, Sustlabs, 10X Academy, Kreate, Styched and Freight Tiger that are contributing towards the U.N. Sustainable Development Goals.
If you're looking to recruit for your social impact startup, you can post a free job listing for greater visibility here.
Styched, India's largest online youth fashion brand with zero waste, has acquired Zymrat, a performance wear brand. Styched aims to develop a homegrown alternative to global giants like Lululemon and Under Armour. The D2C brand is gearing up to launch Zymrat in the UAE.
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Goodable, a news platform curating the world's most positive news with proprietary AI, has been selected from over 1,400 applicants to participate in Hub71, Abu Dhabi's leading accelerator. The program will help Goodable expand into the EMEA region.
AgriFi, a digital credit platform that helps Indian farmers get access to loans, has received funding from AgFunder via its Singapore-based GROW accelerator program. From over 600 applications, 10 companies were chosen to join their fourth cohort
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