Community agriculture is the way forward for farmers to enhance their livelihoods even as Indian startups continue to raise funding,YourStorybrings you today’s headlines with the latest developments across sectors Spudnik Farms, founded by Sumeet Kaur, connects urban consumers with local farmers through a subscription model. The company works with 250 farmers across Karnataka, helping them earn higher incomes while promoting seasonal, indigenous and sustainably grown produce. Workplace management software company ServiceNow has announced an investment of $40 million inBusinessNext, a Noida-headquartered technology firm focused on banking and financial services industry. The Series C round has valued BusinessNext at $700 million and is aimed at strengthening the company's efforts to drive autonomous operations and private AI solutions across banking and financial services. CARPL.ai, a radiology AI marketplace and enterprise platform, has raised $10 million in a Series A round of funding led by International Finance Corporation (IFC), the private sector arm of the World Bank Group, with participation from Stellaris Venture Partnersand other investors. CARPL.ai was part of theYourStoryTech30 cohort of 2022. Farm Watt Innovations has raised Rs 32.5 crore in a funding round co-led by IAN Alpha Fund and Rainmatter to strengthen India's bioenergy supply chain. The climate-focused agribusiness converts agricultural waste into biomass for compressed biogas (CBG) plants and other renewable energy applications, helping reduce stubble burning and greenhouse gas emissions while creating rural livelihoods. The fresh capital will be used to expand biomass collection networks, establish additional aggregation hubs, invest in machinery and strengthen its workforce. Going forward, the company plans to develop its own portfolio of CBG, bio-pellet and biochar plants, creating an integrated circular bioeconomy platform that delivers environmental, social and economic benefits. Home improvement services platform Wiffy has raised $3 million in a Series A funding round led by Earth Fund, with participation from Persol Holdings of Japan and existing investor Capria Ventures. The company provides post-sales installation and maintenance services for more than 100 brands, including IKEA, Panasonic, Godrej, Hettich and Amazon. The proceeds will be used to enhance its technology platform, strengthen AI-powered workforce management, expand enterprise partnerships and enter new service categories. Wiffy operates through a network of over 5,000 certified technicians and has served more than one million homes across 100 cities, while maintaining a business model driven primarily by enterprise partnerships. AI-powered insurtech startup NeuralKart has raised Rs 2.35 crorein a seed funding round led by Inflection Point Ventures. The Bengaluru-based company develops AI-driven decision-making tools that automate insurance underwriting, claims processing and industrial safety assessmen
