Tuesday, May 21, 2024
Outlook.com
Outlook India
Outlook Business

Lightspeed

It raised Rs 70 crore from its maiden real estate fund, PropShare Real Estate Fund I (PREF I), which was introduced in July 2021

The funding came three months after the company bagged $6 million from Lightspeed

With this capital, Thena will double down on product innovation and company expansion to transform customer communications for B2B organizations using Slack and teams

The company will utilise the newly-infused capital to expand its product capabilities to support more currencies and local payment methods

Prior to this, Teachmint sacked 45 staff in December last year

The start-up will utilise the newly generated fund to expand its team

With this acquihire, InsuranceDekho is positioned to blitzscale its small, medium enterprise (SME) business and dominate the SME insurance space

The 6-week acceleration program will help women entrepreneurs raise capital, forge connections and secure technology access

Stable Money intends to use the fresh funds to scale its operations, spread financial awareness and other information technology-related services

The company will utilise the funds to scale up its electric pump network to 100 location points per city, starting with Bengaluru