Beej Daily Updates (20-08-2023)

B2B Cross-Border Food Sourcing Platform ONWO Raises Funding

Offering end-to-end solutions to its customers in a full-stack digital model, ONWO runs its operations in the markets like- the US, Canada, Qatar, UAE, Saudi Arabia, and Oman. The Bengaluru-based startup claims to export more than 10,000 metric tonnes of food products, with a repeat rate of over 90 per cent. As per the startup, it has covered over 15 countries with its services.

AI4Bharat Researchers To Raise $12 Mn From Peak XV, Lightspeed Venture To Set Up Own Startup

AI4Bharath hasraised $12 Mn from venture capitals Peak XV and Lightspeed Venture to launch an AI startup. The startup is going to offer custom-made large language models (LLMs) for India centric use cases.The development comes after AI4Bharat launched a mobile assistant enabled easy access system to the government schemes in multiple Indian languages Researchers at India’s

Garuda Aerospace Raises $22 Mn In Series A Funding Round

Garuda Aerospace, a Chennai-based drone startup, has raised $22 million (around Rs 182 crore) in a Series A funding round. As per the startup, the raised funds will be utilized for research and development (R&D), expansion, product development and upskilling of drone pilots.?They aim to sell 25,000 drones in the next 18 months and are looking forward to exporting 10,000 drones to about 100 countries in the next 15 months.

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