Business

Whizzo Raises $4.2 Million to Revolutionize Textile Manufacturing with Innovation and Sustainability

In a major step towards reshaping the global textile industry, Whizzo, a cutting-edge materials science startup, has raised $4.2 million in a seed funding round led by Lightspeed. The round also saw participation from BEENEXT, a global venture capital firm. With this fresh capital, Whizzo aims to accelerate its growth by advancing its materials science R&D, building a state-of-the-art design lab…
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NewsStartup

Govt Approves ₹50 Lakh Grants for 7 Technical Textile Startups to Boost Innovation and Sustainability

In a significant move to accelerate innovation and sustainability within the textile industry, the Indian government has approved grants of ₹50 lakh each for seven startups focused on technical textiles. This initiative, part of the National Technical Textiles Mission (NTTM), aims to foster transformative developments in the sector and support emerging innovators. Overview of the Grants The…
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