TICE Afternoon Dispatch: Latest Updates in Startups, Business, & Economy

TICE Dispatch highlights key updates across the startup ecosystem, business sector, and economy. From Tvaster Genkalp’s $1.25M funding for liver cancer diagnostics to Cropin’s partnership with Walmart for optimized sourcing, innovation continues to drive progress globally. Notable business expansions include Experian doubling its Global Innovation Centre space in Hyderabad and Vestd entering the Indian market in collaboration with Trica. On the economic front, the RBI's upcoming MPC meeting sparks anticipation in the real estate sector, while Villgro’s initiatives empower women entrepreneurs through innovative financing. Additionally, TVS Capital Funds appointed Shyam Srinivasan as Senior Advisor, marking a milestone in leadership growth.

Startup Funding News Today

1. Tvaster Genkalp Raises $1.25 Million to Advance Liver Cancer Diagnostics

Tvaster Genkalp, a molecular diagnostics startup, raised $1.25 million in Pre-Series A funding led by Ideaspring Capital, with contributions from Invigo Softwares and Prof. Mohamed Rela. This funding is expected to accelerate the commercialization of Episcreen™ Liver, their innovative liquid biopsy test for early liver cancer detection, while expanding their oncology pipeline.

2. Evenflow Secures Series A Funding to Scale Multi-Brand Portfolio

Evenflow, a house of brands startup, raised part of its $5 million Series A funding round from Venture Catalysts, Sunder Ramachandran, and other investors. The funds will be used to expand profitability and support brands such as Xtrim, Yogarise, and Rusabl across India, the US, and the MENA region.

3. Entvin AI Launches Out of Beta and Raises $500K from Y Combinator

Entvin AI, founded by IIT Bombay alumni, has officially launched out of beta and secured $500,000 in funding from Y Combinator. The startup leverages AI to streamline regulatory workflows in the FDA drug approval process, achieving significant efficiency gains for life sciences companies.

4. Vestd Partners with Trica to Expand Equity Schemes in India

UK-based Vestd has teamed up with Trica to bring its share scheme platform to India after years of growth in Europe. Vestd’s technology simplifies equity rewards, aligning with Trica’s expertise in managing equity for nearly 1,000 Indian startups, including unicorns and Series A companies.

Business Partnerships and Innovations

5. inDrive Revolutionizes Mobility in India

inDrive’s "Set your Fare and Choose your Driver" model continues to redefine ride-hailing services in India. The company saw an 18% year-on-year growth in rides in 2024, reflecting customer satisfaction with their flexible, driver-choice pricing system.

6. Cropin Partners with Walmart to Optimize Sourcing

Cropin, the global AI platform for food and agriculture, has partnered with Walmart to enhance scalable sourcing solutions in the U.S. and South America. Using AI-powered crop insights, the collaboration aims to improve supply chain resilience and efficiency for fresh produce.

7. Experian Expands Global Innovation Centre in Hyderabad

Experian has doubled its office space in Hyderabad to 85,000 sq. ft., advancing its fintech and technology operations. This move reinforces Experian’s commitment to delivering innovative solutions globally while fostering collaboration and local talent development.

Economic Policy and Leadership Updates

8. Real Estate Sector Awaits RBI’s MPC Meeting

The housing sector is optimistic about the upcoming Monetary Policy Committee meeting, where a repo rate cut of 25 basis points is anticipated. Such a decision could reduce borrowing costs and support demand for home loans, stimulating the real estate market further.

9. Villgro Champions Women Entrepreneurs in India

Villgro’s initiatives to improve credit access for women micro-entrepreneurs have enabled 106 women-led businesses to secure loans and scale their operations. These efforts aim to build a more inclusive financial ecosystem and strengthen the case for investing in women-led enterprises.

10. TVS Capital Funds Welcomes Shyam Srinivasan as Senior Advisor

TVS Capital Funds has appointed Shyam Srinivasan as Senior Advisor and Operating Partner, bringing his three decades of financial services experience to strengthen portfolio companies and enhance operational excellence.

For regular updates on startups, business, and economic news, follow TICE News, your trusted source for the latest insights into the ever-evolving world of innovation and entrepreneurship. Stay tuned for more!

Disclaimer: This report is based on company/PR press release, creatively edited without altering facts. TICE is not responsible for business decisions based on this report and does not verify its accuracy.