In a world where sustainability is becoming a top priority, a Bengaluru-based climate tech startup, GreenStitch, is leading the charge to transform the fashion and textile industry. The company has successfully raised $1.2 million in a seed funding round, with backing from some major investors, including Equirus InnovateX Fund, Ivycap Ventures, and Warmup Ventures. The funding also saw…
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…
