Funding Alert Press Release

BizDateUp Acquires 54.5% Stake In Cumma To Boost India’s Startup Execution


BizDateUp, an India-focused strategic investment firm, has acquired a 54.5 per cent stake in Cumma for an undisclosed amount, aiming to strengthen the country’s start-up and innovation ecosystem. The partnership is designed to accelerate idea-to-execution journeys, particularly for founders in Tier 2 and Tier 3 cities, by providing access to capital, governance, and large-scale operational support.

Cumma is a technology-driven marketplace that connects start-ups with under-utilised government-backed innovation infrastructure, including incubators, accelerators, R&D labs, testing facilities, co-working spaces, and production units. The platform streamlines access to these resources, reducing time, cost, and operational friction for founders.

The acquisition positions Cumma for national scale, enabling start-ups to build sustainable, asset-backed businesses without relocating to metros. Over the next three to five years, BizDateUp and Cumma plan to support more than 25,000 start-ups, activate 1,500 innovation facilities, unlock Rs 5,000 crore worth of infrastructure, and generate three to five lakh jobs, contributing to India’s Atmanirbhar Bharat vision.

By combining BizDateUp’s strategic capital and governance with Cumma’s infrastructure and execution capabilities, the deal aims to create a robust pathway for innovation, entrepreneurship, and inclusive economic growth across India.

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