Bhavish’s Bet On AI, Xcelerate Expands, Housr’s Bold Moves

Bhavish Aggarwal’s Krutrim bets big on AI, offering IITs free cloud credits to ignite innovation. Meanwhile, Xcelerate is expanding horizons with a strategic stake in Australia’s Carisma Solutions, eyeing global business service synergies. On the home front, luxury co-living brand Housr is making bold moves, targeting 100+ properties by 2025 to redefine urban living.

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“Janhit Mein Jaari”: Bhavish Aggarwal’s Krutrim offers free cloud credits to all IITs to support AI innovation

Bhavish Aggarwal’s Krutrim is putting its money where the future is—AI innovation at India’s IITs.

The company is gifting a one-time Rs 10,000 cloud credit to students and researchers, usable over 12 months. “This isn’t just free credits; it’s a stake in India’s digital tomorrow,” Aggarwal declares as the initiative kicks off.

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“Strategy Ki Sakht Zarurat”: Xcelerate acquires strategic equity stake in Carisma Solutions

Xcelerate is shifting gears with a strategic equity stake in Carisma Solutions, an Australian business services powerhouse.

Known for its expertise in accounting, financial advisory, and SMSF solutions, Carisma adds depth to Xcelerate’s portfolio. This move signals a bold step toward global expansion in digital business services.

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“Abhi Toh Party Shuru Hui Hai”: Luxury co-living brand Housr targets 100+ properties by March 2025

Housr, the luxury co-living brand, is scaling up with plans to cross 100 properties by March 2025. With high occupancy across 70+ locations in top-tier cities, the brand is now venturing into short-stay accommodations to cater to corporate travelers.

This strategic shift highlights the rising demand for flexible, premium living solutions.

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1. Wealthtech startup Univest has secured $10 Mn in funding, led by BII, with participation from angel investors. The Gurugram-based company aims to use the funds to build a stock market superapp for retail investors.

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2. Semiconductor startup Mindgrove Technologies has raised $8 Mn in a Series A round co-led by Rocketship.vc and Speciale Invest. The fabless design company also saw participation from Mela Ventures, Peak XV Partners, and other prominent investors.

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3. Aakash Chaudhry’s edtech startup Sparkl has raised $4 Mn from investors, including Zomato’s Deepinder Goyal and Zerodha’s Nithin Kamath. Launched just two months ago, Sparkl aims to make waves in the online learning space.

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4. Sustainable investment platform SustVest has raised $1.7 Mn in a pre-Series A round led by Inflection Point Ventures and Antler. The funds will drive growth initiatives, including new solar projects and a regulated platform launch.

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5. M37Labs, founded by Prashant Shivram Iyer and Zorawar Purohit, has raised pre-seed funding from Vivek Suchanti’s Concept Group. The investment underscores confidence in the startup’s vision and potential.

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