India Digest: Fitso raises $1.5m; IIT-Madras, CII to promote green startups; MoneyTap bags NBFC license

In the funding space, fitness startup Fitso has raised $1.5 million funding from a group of investors. In separate developments, IIT-Madras and Confederation of Indian Industry (CII) are collaborating to promote innovative green startups while MoneyTap has bagged an NBFC licence.