Muthoot Fincorp Acquires 54pc Stake In Fintech Startup Paymatrix
Muthoot Fincorp, a Gold loan provider, has picked up a 54% stake in Hyderabad-based fintech startup Paymatrix by buying out existing investors. This investment by Muthoot Fincorp is part of…
Online Grocery Startup BigBasket Claims To Clock $1 Billion Gross Sales In FY21
BigBasket, an online grocery startup, has clocked gross sales of $1.1 Billion (Rs 8,000 Cr) in the financial year 2021 that ended in March this year. CEO Hari Menon, in…
Gurugram-Based Logistics Startup Rivigo Witnesses 5% Growth In Revenue In FY20
Rivigo, a Gurugram-based logistics startup, has recorded a 5% increase in its revenue in FY2020. First reported by Inc42, the logistics startup reported a revenue of Rs 1,080 Cr in…
Report: Businesses Owned By Women Entrepreneurs In India Likely To Grow Up To 90% In 5 Years
As per a report titled-Landscape Study on Women Entrepreneurship, it was revealed that businesses owned by women entrepreneurs in India are likely to witness 90% growth in the next five…
Nutraceutical Startup Fitday To Invest Rs60 Crores For Expansion
Nutraceutical startup Fitday plans to invest ₹60 crores to expand its presence across the country over the next two years. The startup said it will set up 50 brick and…
Inflection Point Ventures Invests In Social Media Analytics Startup Circus Social
Circus Social, a social media analytics startup, has raised $1 million as a part of its pre-Series A round led by Inflection Point Ventures. The funding round also saw participation…
No Effect Of COVID-19 On EdTech Startups, Uable Raises An Undisclosed Seed Funding
EdTech startups are shining brighter amid COVID-19 times as another EdTech startup ‘Uable’ has raised an undisclosed seed funding from 3one4 Capital. The funding round also saw participation from other…