Article on February 08, 2023
RBI Projects Economic Growth To Slow Down To 6.4% Next Fiscal Year
Several economists and rating agencies predict that India's real GDP growth will slow to 6-6.5 per cent in the coming fiscal year
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Bluelearn Bags $3.5 M In Seed Round
Bluelearn plans to use the funds to further strengthen the product and team as well as to grow their community user base by 10x within the year
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TenderCuts Launches New Venture, Aims Catering Local Meat Shops
The company said that the emphasis will most likely be on tier II cities. So far, it has generated approximately Rs 50 crore in ARR (annual revenue run-rate), with revenues of approximately Rs 5 crore in January and approximately Rs 2.5 crore in December, the month of its launch
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MobiKwik To Support Credit Cards On UPI
The integration of RuPay Credit Cards with UPI is in line with the National Payments Corporation of India (NPCI) and RBI's vision to boost credit card acceptance across merchants in India that are not part of the credit ecosystem
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Market Research Platform Provider Entropik Raises $25 M In Series B Round
Over 150+ global brands across finance, media, consumer goods, food and beverage, and entertainment leverage Entropik's consumer research stack to make better consumer-centric decisions faster and more efficiently
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Startup Magma Raises Over $3 M In Seed Round
The startup claims to have signed up over 80 factories and hopes to end the current fiscal year with an annualised gross merchandise value (GMV) run rate of $18 million
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Zomato Global Dining Biz Head Quits, Joins Sequoia-backed Startup Kenko Health
In his nearly four-year stint, Aman played several roles in Zomato, including setting up the food delivery business in Istanbul, Turkey, and managing the company's consumer-facing app
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Mensa Brands Raises Rs 300 Cr In Debt Financing Round From TradeCred
The new funds will be used for additional acquisitions, product development, supply chain integration, and working capital investment by the startup
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