The company has recently raised Rs 8 crore in debt capital, Rs 5 crore from Wint Wealth (Ambium Finserve) and impact debt capital of Rs 3 crore from Caspian
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The raised funds will be directed towards enhancing ELIVAAS’s proprietary technology platform, expanding market presence, optimising operations and elevating the overall experience
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This capital infusion will fuel strategic acquisitions, fund business expansion, and enhance the company's ability to seize new growth opportunities
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Selected startups will receive USD 1 million AWS credits, mentorship from global experts and support to accelerate AI innovation with AWS
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Looking ahead, Mitra aims to triple its sales by targeting over Rs 35 crore this fiscal year, representing a 3.5 times growth year-over-year
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The workplace productivity startup Zivy, which originated in the US, has acquired funds for product development and team expansion
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The rise of startups like Flipkart, Paytm, Ola and Swiggy needs to be seen in the backdrop of transformation in a country whose demographic dividend has, for a long, promised prosperity driven by an aspirational, young, and consuming population
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Zepto’s valuation will reportedly surge from USD 1.6 billion in August 2023 to a projected USD 5 billion, as per media reports
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This funding will be utilised in enhancing its brand presence and expanding its innovative product line
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The recent funding round values Oravel Stays at USD 2.4 billion, matching the valuation from the first Series G tranche issued to InCred in July
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