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UpGrad Raises USD 210 Million Fresh Funding
EdTech
UpGrad Raises USD 210 Million Fresh Funding
The company said it is on track to record annual gross revenues of USD 400-500 million during FY23, of which about 45 per cent will be realised from its own-branded online courses and programmes.
Wealthtech Platform Dezerve Investments Raised USD 21 Million from Accel Partners
Investment
Wealthtech Platform Dezerve Investments Raised USD 21 Million from Accel Partners
The Company did not disclose the distribution of stake that was given for this funding but stated that major stakes still belong to the founders and the team.
Buy Now Pay Later- A Business Rising From Good To Better
Banking
Buy Now Pay Later- A Business Rising From Good To Better
According to the new guidelines issued by the apex bank, nonbanks can no longer load prepaid instruments — digital wallets, or stored-value cards — using credit lines. The only valid options for a buyer are to prefill their wallet with cash, or to debit their bank or credit-card accounts.
LetsVenture to Invest Around INR 80 Lacs in Start-ups with MeitY
Start-ups
LetsVenture to Invest Around INR 80 Lacs in Start-ups with MeitY
The alliance will primarily invest in companies in several fields such as deeptech, gamingtech, fintech, and software-as-a-service (SaaS).
Ola Electric Sales Down By 42 Percent In July, Know The Status Of Hero And Okinawa
Electric Vehicles
Ola Electric Sales Down By 42 Percent In July, Know The Status Of Hero And Okinawa
According to the report of the industry body, Federation of Automobile Dealers Association, the company sold 5874 vehicles in June. The report also mentioned that high inflationary pressure was one of the major causes for the downfall.

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HDFC Backed Reloy Aims INR 13 Cr Revenue This Fiscal
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