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Startup Singam Season 2: ₹100 Cr Investment Potential Unveiled
29 Jan
Summary
- Season 2 of Startup Singam aims for ₹100 crore in investment.
- Hayyan, a Pollachi brand, secured ₹2.75 crore in funding.
- Raattai Handloom received ₹70 lakh and mentorship for its cultural venture.
Tamil Nadu's startup landscape is being celebrated with the premiere of Startup Singam Season 2. Building on the success of its first season, which facilitated ₹24 crore in investments, the new season targets a remarkable ₹100 crore in potential funding. This season promises to spotlight innovative founders and impactful businesses emerging from the state.
The inaugural episode featured three diverse startups. Hayyan, a consumer brand from Pollachi specializing in compressed oils and ghee, began as a small ₹200 initiative and has grown into a ₹20 crore business. It successfully secured ₹2.75 crore in investment on the show.
Raattai Handloom presented a purpose-led venture focused on reviving traditional weaving practices through mindful, screen-free creative experiences. The founders sought ₹50 lakh and were awarded ₹70 lakh, along with 100 hours of dedicated mentorship for brand building.
Kenesis Technology, a student-led deep-tech startup, showcased its AI platform, Kenesis Vision. While not securing direct investment, the startup gained crucial advisory support to refine its business model and accelerate market readiness.
Startup Singam Season 2's strong opening sets a precedent for a season dedicated to mentorship, sustainability, innovation, and inclusive growth, further solidifying Tamil Nadu's position as a startup hub.
