Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

Curative wellness platform <keyword id="9418574" type="General" weightage="20" keywordseo="mindhouse" source="Orion">Mindhouse</keyword> on Friday said it has raised USD 6 million (about Rs 44.5 crore), led by Flipkart co-founder Binny Bansal. Other investors include <keyword id="1153745" type="General" weightage="20" keywordseo="General-Catalyst" source="Orion">General Catalyst</keyword>, <keyword id="216098" type="General" weightage="20" keywordseo="better-capital" source="Orion">Better Capital</keyword>, <keyword id="12565995" type="General" weightage="20" keywordseo="kwaish-capital" source="Orion">Kwaish Capital</keyword>, <keyword id="1809726" type="General" weightage="20" keywordseo="anicut" source="Orion">Anicut</keyword>, and Mindhouse founders - Pooja Khanna and Pankaj Chaddah, according to a statement. Angel investors participating in the round include Rohit MA of Cloudnine, Ritesh Malik of Innov8, and Karan Singh and Sri Rajan of Bain &amp; Co, it added. Mindhouse was founded in late 2019 by Pooja Khanna and Pankaj Chaddah. The company initially started with a focus on mental wellness but subsequently pivoted to a broader coverage area of curative wellness. The company plans to rebrand in early 2022 to reflect this shift, the statement said. "Patients suffering from any long-drawn health condition (even pregnancy) always require a change in lifestyle in addition to clinical care. "Sixty per cent of the consumer spends in the USD 4.5 trillion wellness industry go into curative wellness, this provides a great opportunity to build an impact-oriented business," Mindhouse co-founder Pooja Khanna said. Mindhouse generates 75 per cent of its revenue from India currently, and is looking to increase the global share of business in the next 12 months. "I have loved the approach Mindhouse has taken towards wellness and believe in the experience Pooja and Pankaj carry. I'm excited to be a part of this," Binny Bansal said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/personal-finance/news/how-does-buy-now-pay-later-schemes-work-and-what-are-the-penalties-here/articleshow/87788629.cms">From Simpl to Paytm Postpaid ⁠— these are the penalties on late payments on Buy Now, Pay Later schemes</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/farm-laws-timeline-important-milestones-from-their-enactment-to-withdrawal/slidelist/87795876.cms">Farm laws timeline – important milestones from their enactment to withdrawal</a>

Flipkart's Binny Bansal bets on Zomato cofounder's two-year-old venture

If you admire modern age engineering marvels, a look at history will leave you spellbound. Our great rulers always had a vision for future and it shows in the structures they built us, which are still useful for the mankind. 
 One of the structures is <keyword id="870589" type="UNKNOWN" weightage="20" keywordseo="Kallanai-dam">Kallanai Dam</keyword>, or the <keyword id="2978336" type="ORGANIZATION" weightage="20" keywordseo="Grand-Anicut">Grand Anicut</keyword>, which will amuse you. 
 
The dam was built in first century by the then Chola King Karikalan. It is one of the oldest water-diversion or water regulating structures in the world, which is still standing tall and in amazing condition. 
 
READ ALSO: <a href="http://www.businessinsider.in/Pamban-Bridge-in-Rameswaram-is-an-engineering-marvel-Here-are-5-quick-facts-about-Indias-first-Cantilever-bridge/articleshow/53284383.cms">Pamban Bridge in Rameswaram is an engineering marvel. Here are 5 quick facts about India’s first Cantilever bridge</a> 
 
The dam is important for irrigation in the Cauvery delta. Kallanai Dam is not only a tourist attraction, but this dam across the Cauvery River in Tamil Nadu is also a lesson for historians and engineering experts. 
 
The main function of this dam was to keep the water supply in the Cauvery and its branches and pass on the surplus into Coleroon through the Ullar River. 
 
READ ALSO: <a href="http://www.businessinsider.in/This-Janjira-Fort-just-two-hours-away-from-Mumbai-is-one-of-the-strongest-sea-forts-in-India/articleshow/53337793.cms">This Janjira Fort, just two hours away from Mumbai, is one of the strongest sea forts in India</a> 
 
You can reach Kallanai dam from Tiruchirappalli, which is just 19 kilometres away. The nearest airport is Tiruchirapalli airport. 
 
Here are the other fascinating details about the Kallanai Dam

This First Century dam in India is one of the oldest in the world and is still standing strong

<ul><li>The Series A funding round saw participation from existing investors Axilor and Anicut Capital. </li><li><keyword id="316825" type="General" weightage="50" keywordseo="deepak-jain" source="Orion">Deepak Jain</keyword>, a senior partner at Bain and head of the automotive practice in India, also participated. </li><li><keyword id="12512405" type="General" weightage="100" keywordseo="capgrid" source="Orion">CapGrid</keyword> will utilise this fresh funding infusion to deepen its technology infrastructure, talent acquisition and scale up cloud manufacturing.</li></ul>CapGrid, a B2B cloud manufacturing start-up for precision parts and components, on Monday said it has raised $7 million in a Series A funding round led by <keyword id="6369814" type="General" weightage="80" keywordseo="nexus" source="Orion">Nexus</keyword> Venture Partners. The round also saw participation from existing investors Axilor and Anicut Capital. Deepak Jain, a senior partner at Bain and head of the automotive practice in India, also participated as an angel investor in the round. CapGrid is building a digital supply network with an advanced technology infrastructure, partnering with hundreds of <keyword id="1315199" type="General" weightage="50" keywordseo="tier" source="Orion">Tier</keyword> 2 manufacturers to get precision parts and components sourced, manufactured and delivered to the customer’s assembly line. CapGrid will utilise the funds to deepen its technology infrastructure, talent acquisition and scale up cloud manufacturing with its supply partners. Intequant advisors acted as exclusive financial advisors while <keyword id="5377787" type="General" weightage="50" keywordseo="jsa-law" source="Orion">JSA Law</keyword> and <keyword id="14031899" type="General" weightage="50" keywordseo="sarvaank-associates" source="Orion">Sarvaank Associates</keyword> were legal and secretarial advisors. The startup offers regular procurement consolidation, NPD (New Product Development), SPD (Spare Parts) sourcing and electric vehicle component sourcing. It is currently getting over 5,000 different precision components manufactured through its supplier network of over 300 partners. “We at Nexus are very excited about partnering with CapGrid as they revolutionise precision components sourcing and procurement for the automotive manufacturing sector via their robust network of cloud manufacturers,” Sameer <keyword id="16291881" type="General" weightage="50" keywordseo="brij-verma" source="Orion">Brij Verma</keyword>, managing director at Nexus Venture Partners said. “We see India being a global leader in manufacturing in the years ahead and feel CapGrid will increasingly be a partner of choice for OEMs looking to build high-quality and agile supply chains while improving margins and OTIF significantly.” OTIF or on time in full is a supply chain metric to measure delivery performance. Globally, the components manufacturing segment is worth over $1,000 billion in the automotive space itself, the startup claims. The company says it leverages an AI-enabled sourcing platform with more than 30,000 manufacturers and their deep capability intelligence to run sourcing 10X faster. “CapGrid has illuminated manufacturing capabilities of over 30,000 suppliers across 15 countries and identified thousands of suppliers operating at 50-60% capacity. We allow them to focus, utilise and innovate on their core manufacturing capabilities by bringing aggregated manufacturing demand,” said <keyword id="16291880" type="General" weightage="50" keywordseo="himanshu-singh-raghuvanshi" source="Orion">Himanshu Singh Raghuvanshi</keyword>, co-founder and COO of CapGrid. The Gurgaon-headquartered company claims to have been able to reduce the sourcing and procurement complexity significantly, reduce inventory by half and reduce material cost by 5% for leading manufacturers. “We have digitalised the entire source-to-deliver process. Our technology stack and supplier aggregation capability helps customers reduce operational complexity and focus on innovation. With our decentralised global supply network, we can cater to direct material needs to OEMs (original equipment manufacturers) and Tier 1s across the globe,” said co-founder and CEO <keyword id="14031974" type="General" weightage="50" keywordseo="dheeraj-kumar-tiwari" source="Orion">Dheeraj Kumar Tiwari</keyword>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/hindenburg-ignores-indian-legal-processes-adani-group-on-the-firms-allegations/articleshow/97431153.cms">Hindenburg ignores Indian legal processes: Adani Group on the firm's allegations</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/govt-likely-to-float-global-tender-for-hpv-vaccine-in-april-merck-serum-institute-may-participate/articleshow/97414783.cms">Govt likely to float global tender for HPV vaccine in April; Merck, Serum Institute may participate</a>

Auto parts sourcing startup CapGrid raises $7 million from Nexus Venture, others

<keyword id="45092" type="General" weightage="100" keywordseo="farmers" source="Orion">Farmers</keyword> in <keyword id="52338" type="General" weightage="20" keywordseo="Tiruchi" source="Orion">Tiruchi</keyword> district of <keyword id="20154" type="General" weightage="50" keywordseo="tamil-nadu" source="Orion">Tamil Nadu</keyword> are a distraught lot as incessant rains have submerged <keyword id="18620" type="General" weightage="20" keywordseo="Crops" source="Orion">crops</keyword> on 750 acres of land. Crops, including that of paddy and banana, have been under water for the past four days owing to the rising water levels across the Cauvery river banks and farmers staring at heavy losses. Farmers are expecting the water level to recede by Monday and if that does not happen, the crops are as good as damaged. The inflow at the Upper Anicut rising to 2.17 lakh cusec over the past few days has led to a surge in flow in both the Cauvery and <keyword id="4773033" type="General" weightage="20" keywordseo="Kollidam-rivers" source="Orion">Kollidam rivers</keyword>. This has led to the crops being inundated. This has led to 500 acres of paddy plantation in Lalgudi area and 250 acres of banana plantation in Thottiyam and Andanallur suffering. The Kuruvai paddy cultivation has just commenced at Lalgudi and the sudden opening of the Mettur reservoir had led to the rising water levels in Cauvery. Farmers fear that if the water level does not come down on Monday, then there won't be much hope for the paddy plantation and also the banana crops. R. Muthukrishnan, Kuruvai paddy farmers leader in Lalgudi told IANS: "We have almost lost hope for this season's Kuruvai crops and are expecting a crop damage relief from the state government. This was the beginning of Kuruvai season and we had planted paddy here but it is difficult for these crops to survive after four consecutive days of rains and inundation." SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/gadgets/news/demand-for-tablets-drops-as-online-schooling-ends/articleshow/93419687.cms">Demand for tablets drops as online schooling ends</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/gadgets/news/lg-unveils-wireless-earbuds-with-unique-head-tracking-spatial-audio/articleshow/93420191.cms">LG unveils wireless earbuds with unique head-tracking spatial audio</a>

Tiruchi's farmers stare at heavy losses as 750 acres of farm land is flooded

<ul><li>The company’s flagship product offering features multi-sensor imagery via modern satellites. </li><li>The startup will use the fresh funding to bolster the hiring of top talent and help launch the world's first multi-sensor satellite for earth observation. </li><li>The India <keyword id="718929" type="General" weightage="20" keywordseo="space-exploration" source="Orion">space exploration</keyword> industry is expected to hit $13 billion by 2025.</li></ul><keyword id="11360719" type="General" weightage="100" keywordseo="galaxeye" source="Orion">GalaxEye</keyword> Space, an Indian spacetech start-up focused on earth observation, announced on Thursday that it has successfully raised a $3.5 million round of seed funding led by <keyword id="15793055" type="General" weightage="50" keywordseo="special-invest" source="Orion">Special Invest</keyword>, a deep-tech venture capital firm. The new round also had participation from Artha India Ventures, <keyword id="14083005" type="General" weightage="50" keywordseo="veda-vc" source="Orion">Veda VC</keyword>, Anicut Capital, Upsparks and a consortium of entrepreneurs including Nithin Kamath (Founder/CEO of Zerodha), Prashant Pitti (Founder/CEO of EaseMyTrip), Abhishek Goyal (Founder/CEO of Tracxn) and Ganpathy Subramaniam (Partner at Celesta Capital). The company’s flagship product offering features multi-sensor imagery via modern satellites and data fusion technology, developed in-house. GalaxEye’s technology will enable the production of images with extremely high resolution via a small satellite constellation that, once fully operational, will provide global coverage in under 12 hours. “We are truly the first Indian space start-up incorporated in India to build an imaging satellite and we are committed to accelerating technological innovation in India for the world,” Suyash Singh, co-founder &amp; CEO, GalaxEye Space said. India’s private space exploration has taken a huge lift-off, especially in the past two months. In October this year, the Indian Space Research Organisation (<keyword id="6358064" type="General" weightage="20" keywordseo="isro" source="Orion">ISRO</keyword>) launched 36 communications satellites of London-based communications company, OneWeb. Hyderabad-based spacetech startup, <keyword id="7537495" type="General" weightage="20" keywordseo="skyroot-aerospace" source="Orion">Skyroot Aerospace</keyword>, also created India’s first privately built rocket Vikram-S, which was launched by ISRO in November this year. In fact, the country’s space exploration space is expected to reach a valuation of $13 billion by <a href="https://economictimes.indiatimes.com/opinion/et-commentary/indias-space-exploration-sector-will-potentially-hit-13-billion-by-2025-making-it-ripe-for-startups/articleshow/96180161.cms">2025</a>. GalaxEye will soon launch its first satellite as well, denoted as "Drishti Mission". The company also stated that it will use the fresh funding for hiring top-tier talent and accelerating the launch of the world's first multi-sensor satellite for earth observation. “Next year is crucial for us, as we aspire to reach space with our satellite and become the leader in multi-sensor imaging for the industry. We will be seeking an additional round of funding of the order of $15-25 million in 2023 to add more satellites to our constellation,” added Singh. Founded in 2020, GalaxEye is the brainchild of entrepreneurs emerging from <keyword id="7762552" type="General" weightage="50" keywordseo="avishkar-hyperloop" source="Orion">Avishkar Hyperloop</keyword>, a team of scientists brought together via global competition organized by Elon Musk’s aerospace manufacturer and space transportation services company, SpaceX. GalaxEye also announced availability of the company’s flagship product offering, featuring multi-sensor imagery via modern satellites. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/will-be-lucky-if-we-grow-5-next-year-says-former-rbi-governor-raghuram-rajan/articleshow/96249572.cms">Will be lucky if we grow 5% next year says former RBI governor Raghuram Rajan</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/how-many-startups-turned-unicorns-in-2022-in-india-check-out-the-list/articleshow/96248261.cms">New Indian unicorns get rarer in 2022 as funding winter sets in</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/news/bumble-reveals-upcoming-dating-trends-in-2023/slidelist/96243427.cms#slideid=96244109">Inter-city love, better boundaries &amp; rise of divorced singles: Bumble reveals upcoming dating trends in 2023</a>

Indian spacetech startup GalaxEye raises $3.5 million in seed round

<ul><li><keyword id="3195140" type="PERSON" weightage="20" keywordseo="Bira91">Bira91</keyword> has raised $1.3 million in venture debt from Anicut capital. </li><li>According to paper.vc, the latest funding is a part of a $5.6 million round that has been ongoing since June. </li><li>Meanwhile, Bira91’s losses doubled in FY19 to ₹202.2 crore. </li></ul>Indian beer company Bira91 has raised $1.3 million in venture debt from Anicut capital, according to filings sourced by data intelligence platform paper.vc. According to paper.vc, the latest funding is a part of a $5.6 million round that has been ongoing since June. Chennai-based Anicut Capital is an early investor of Bira91. Its previous investors include Sequoia Capital, Sixth Sense Ventures, Flipkart CEO <keyword id="6379357" type="PERSON" weightage="20" keywordseo="kalyan-krishnamurthy">Kalyan Krishnamurthy</keyword> as well as celebrities like <keyword id="5015" type="PERSON" weightage="20" keywordseo="Farhan-Akhtar">Farhan Akhtar</keyword>, <keyword id="36968" type="PERSON" weightage="20" keywordseo="Zoya-Akhtar">Zoya Akhtar</keyword> and <keyword id="35891" type="PERSON" weightage="20" keywordseo="ritesh-sidhwani">Ritesh Sidhwani</keyword>. This beer brand which has been around for five years now is popular amongst millennials. Founded by Ankur Jain, it was one of India’s first bottled craft beer startups, which is growing fast across and beyond the country. It already exports to the US and is eyeing <a href="https://www.bbc.com/news/business-43196787">other geographies </a>too. But Bira91, in its expansion mode has also been burning a lot of money. In 2018, Bira91 signed a partnership to be the official sponsor of the ICC cricket world cup which could have cost it around $5-6 million per year, according to <a href="https://www.livemint.com/Companies/PPDgYfki9Zr2yH5ahxURGI/Bira-beer-clinches-ICC-sponsorship-deal-for-five-years.html">reports</a>.. It is also marketing heavily as it launched several new kinds of beer – Indian Pale Ale, Bira Boom among others. All of this seems to be making a dent in its financials. According to <a href="https://entrackr.com/2020/02/bira-beer-records-sluggish-revenue-growth-in-fy19-losses-jump-2x/">reports,</a> Bira91’s losses doubled in FY19 to ₹202.2 crore, making it the second consecutive year in which the company has seen its losses widen. Its revenue, meanwhile, grew marginally to ₹183 crore in FY19 from ₹158.6 crore in FY19. “We had tepid growth last year largely on account of delays in commissioning our new brewing capacity and were maxed out in terms of production. Our new breweries that were supposed to go live in FY19 only went live in the second half of FY20. As a result, we were unable to launch new products or expand to new territories,” Jain had told <a href="https://economictimes.indiatimes.com/industry/cons-products/liquor/bira-wobbles-a-bit-losses-rise-in-fy19/articleshow/72340975.cms">ET.</a> See Also: <a href="http://businessinsider.in/bira-91-beer-is-introducing-more-indian-flavours/articleshow/69987295.cms">Bira91 wants to be more Indian after 4 years of selling craft beer in the country</a>

Bira91 raises $1.3 million, as losses mount for the Indian beer brand

New Delhi, Mar 9 () RPP Infra Projects has bagged an order worth Rs 77.52 crore in Tamil Nadu, according to a regulatory filing by the company.The order pertains to 'rehabilitation and modernisation' of anicut and channels in Thanjavur and Cuddalore districts of Tamil Nadu and is expected to be completed within two years, it added. The company's stock was trading at Rs 35.25, down 6.62 per cent, on the BSE. SID SID ANUANU

RPP Infra Projects bags Rs 78 cr order in Tamil Nadu

<keyword id="12864" type="LOCATION" weightage="20" keywordseo="Chennai">Chennai</keyword>, <keyword id="6354814" type="UNKNOWN" weightage="20" keywordseo="prime-minister-narendra-modi">Prime Minister Narendra Modi</keyword>, who arrived on a visit to <keyword id="20154" type="PERSON" weightage="20" keywordseo="tamil-nadu">Tamil Nadu</keyword>, inaugurated several development projects in the state here on Sunday. He flagged off the <keyword id="181971" type="COMPANY" weightage="20" keywordseo="Chennai-Metro-Rail">Chennai Metro Rail</keyword> Phase-1 extension from Washermanpet to Wimco Nagar, built at a cost of ₹3,770 crore. The 9.05-km extension of Chennai Metro will connect North Chennai with the airport and Chennai Central Railway Station. Prime Minister Modi also inaugurated the fourth railway line between Chennai Beach and Attipattu. The 22.1-km stretch, constructed at a cost of ₹293.40 crore, that passes through Chennai and Thiruvallur districts. It will ease traffic in and around Chennai port. This section of the railway connects Chennai port and Ennore port. Modi inaugurated the electrification of single-line railway section at Villupuram-Cuddalore-Mayiladuthurai-Thanjavur and Mayiladuthurai-Thiruvarur. The electrification of this 228-km route, completed at a cost of ₹423 crore, will ensure smooth traffic between Chennai Egmore and Kanyakumari without changing the traction. This will save fuel of about ₹14.61 lakh per day. The Prime Minister laid the <keyword id="6541422" type="UNKNOWN" weightage="20" keywordseo="Foundation-stone">foundation stone</keyword> for expansion, renovation and modernisation of the Grand Anicut Canal System here. This canal is very important for irrigation in the delta districts. The canal will be modernised at a cost of ₹2,640 crore, which will increase the water carrying capacity in the canals. Modi also laid the foundation stone of the Discovery Campus of <keyword id="54070" type="COMPANY" weightage="20" keywordseo="IIT-Madras">IIT-Madras</keyword>. The campus will be built at Thyyur near Chennai. In the first phase, construction of this campus to be built on an area of over 2 lakh square meters will cost ₹1,000 crore. SEE ALSO: <a href="https://www.businessinsider.in/defense/news/experts-say-india-and-china-both-need-to-show-their-voters-that-they-won-in-ladakh-for-the-disengagement-to-be-successful/articleshow/80876036.cms">Experts say India and China both need to show their voters that they won in Ladakh⁠ for the disengagement to be successful</a> <a href="https://www.businessinsider.in/business/ecommerce/news/why-grofers-may-allow-an-american-blank-cheque-firm-to-buy-it-out-instead-of-fighting-ambani-and-bigbasket-for-ipo/articleshow/80874979.cms">Here’s why Grofers may allow an American “blank cheque” firm to buy it out instead of fighting Ambani and BigBasket for IPO</a> <a href="https://www.businessinsider.in/india/news/spicejet-and-indigo-stocks-take-off-as-a-2-hour-flight-could-now-cost-up-to-13000/articleshow/80873865.cms">SpiceJet and IndiGo stocks take off as a 2-hour flight could now cost up to ₹13,000</a>

You Searched For "anicut" and got 8 results

Flipkart's Binny Bansal bets on Zomato cofounder's two-year-old venture

PTI

This First Century dam in India is one of the oldest in the world and is still standing strong

Akanksha Jain

Auto parts sourcing startup CapGrid raises $7 million from Nexus Venture, others

Eetika Kapoor

Tiruchi's farmers stare at heavy losses as 750 acres of farm land is flooded

IANS

Indian spacetech startup GalaxEye raises $3.5 million in seed round

Eetika Kapoor

Bira91 raises $1.3 million, as losses mount for the Indian beer brand

Sanchita Dash

RPP Infra Projects bags Rs 78 cr order in Tamil Nadu

PTI

PM Modi inaugurates several Tamil Nadu projects including Chennai Metro and Discovery Campus of IIT Madras

IANS

Popular Keywords

Buying Guides