As part of its Series D fundraising round, the beauty and cosmetics company SUGAR Cosmetics has attracted Bollywood actor Ranveer Singh as an investor. The amount of the funding was not made public by the company.
On August 24, the agritech startup Loopworm announced that it had secured $3.4 million in seed funding from investors led by Omnivore and WaterBridge Ventures.
On Tuesday, Alkesh Kumar Sharma, the secretary of the Ministry of Electronics and IT (Meity), announced that the government aims to promote more than 10,000 startups in the next 5–6 years under the GENESIS programme.