The report says that domestic brands share stood at 76 per cent in leasing activities, in the first quarter of the current year
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The company’s valuation has surged by 60 per cent from its previous round in December 2022, where it was valued at approximately Rs 850 crore (USD 100 million)
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In a joint statement, Abhijeet, Rishabh, and Vikas, the co-founders of Maino.ai, commented, "A substantial portion will be allocated to building and scaling our teams in key domains such as technology, product development, design, and strategy"
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Founded in 2011, IDfy is an integrated identity platform offering products and solutions for KYC, background verifications, risk mitigation, digital onboarding and digital privacy
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Fyllo will use the funds to expand into new geographies and crops and develop more precision agriculture products
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Agarwal will spearhead critical functions at InCred Capital, including technology, operations, client servicing, compliance, and risk management. His last role was with Julius Baer India, where he served as COO and CRO, and was also a board member
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The firm has previously backed companies like Livspace, Country Delight, and K12 Techno through its USD 180 million Asia fund and plans to follow a similar investment strategy with the new India AIF
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Home Credit is one of the leading players in the consumer financing market and had an Assets under Management (AUM) of about Rs 5,535 crore as of 31 March 2024
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The modules will address various forms of funding and financing available to startups, equipping them with valuable financial skills
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