Startup And Fundraising 24 October 2026
IIT Madras Student Secures $1.1M for SamanNow After JEE Setback
After missing the JEE cut‑off, IIT Madras student Kuldeep Rathore founded SamanNow, a logistics platform that connects local vendors with customers. The startup just secured $1.1 million in seed funding, attracting investors who see strong growth potential in India’s evolving e‑commerce landscape.
Kuldeep Rathore, an IIT Madras student, turned a JEE disappointment into the startup SamanNow, a platform that links local vendors with customers for faster deliveries. The venture’s story is detailed in the original article.
- Funding secured: $1.1 million seed round.
- Investors: Early‑stage angels and India‑focused venture funds.
- Next steps: Expand service to more cities and enhance technology for real‑time order tracking.
The capital boost positions SamanNow to capture a larger share of India’s growing e‑commerce logistics market.
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