
Belagavi Recycling Startup Kabadi Man Wins ₹40 Lakh IIM Funding
Belagavi: Tech-enabled recycling marketplace Kabadi Man has secured its first institutional investment of ₹40 lakh from one of India’s leading Indian Institutes of Management (IIMs)
A meeting was arranged where the Honorable Chief Minister of Karnataka met Consular General of 13 countries. The countries present were General of Poland, Spain, Czech Republic, Mali, Slovenia, Peru, etc, where the Chief Minister mentioned about how Karnataka state has secured the highest rates of FDI. In relation which we have maintained around 10,000 crore rupees, during April-June quarter this year. And the state also holds the record of having attracted around 50% of all the investments made in the country between January to May this year. So with all the statics and the graphs the Honorable Chief Minister quoted how investing in the state would be of no loss to the country’s.
Meanwhile, we are aware about how the state was adjudged as the number one in the innovation index. The state offers really good opportunities in Digital Technology, Aerospace, IT, Engineering and Defense, etc., with around 250 billion economy.
He made a special mention of the policy of the state that points the favored investments in every sectors, the industrial Policy of 2020-25, reforms in procurement of land labor. Also the amendment to this policy allows projects to continue operations with any specific downstream approvals.
Author : Aishwarya Arvind Raikar

Belagavi: Tech-enabled recycling marketplace Kabadi Man has secured its first institutional investment of ₹40 lakh from one of India’s leading Indian Institutes of Management (IIMs)

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