Thursday, June 13, 2024
Outlook.com
Outlook India
Outlook Business

Financing

Blue Orchard and Tata Capital led the funding round, with participation from the Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners

This model is best suited for companies that have demonstrated steady growth but require capital for further expansion

Niti Aayog suggests that building the capacity of local institutions and promoting the creation of local agriculture-related infrastructures will boost the scalability and sustainability of agritech start-ups

Through this campaign, AlgoBharat aims to deploy blockchain-based solutions to empower more climate entrepreneurs and enable better access to carbon credit markets

LegalPay announced a BNPL product, LegalPay Max, for legal expenses. With LegalPay Max, businesses can avail a credit line upto Rs 50 lakhs for all types of legal and professional expenses

Entrepreneurs can use this alternative financing form to raise upfront capital by leveraging consistently recurrent revenue streams

Start-up founders are in a Catch 22 situation—in the absence of credit history and adequate collateral, they are unable to get the first line of credit and yet require timely financing to keep up with the high operational costs