Thursday, April 25, 2024
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Premji Invest

The Sleep Company now plans for an extensive expansion plan in India and international markets. With a focus on innovation and retail growth, it aims to open 200 stores by March 2025

The second fund is determined to invest in 20-25 start-ups engaged in disruptive Artificial Intelligence and deep tech

Start-up investments in India witnessed a significant decline in Q1 2023 compared to the same period in 2022 due to a rise in interest rates and inflation

Mintifi will utilise the newly-generated fund to expand its footprint in multiple sectors

In FY22 transaction fees charged by Smallcase to brokers made up 33.5 per cent of its total collection, increasing twofold to Rs 9.76 crore

The additional capital raised will be deployed towards scaling the existing business and diversifying its product offering by venturing into digitally enabled financial products

This acquisition comes on the heels of the edtech unicorn’s launch of a $100 million investment war-chest in June this year