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PM Modi at Startup Mahakumbh; Pocket FM, Ultrahuman raise funds
Successful startup founders should support and mentor young entrepreneurs and academic institutions, Prime Minister Narendra Modi said at the Startup Mahakumbh. This and more in today’s ETtech Top 5.
Startup secondary deals rise; Nexus MD steps down
Venture capital investors at late-stage startups are looking for exits amid increasing pressure to deliver returns. This and more in today’s ETtech Morning Dispatch.
Non-bank lender Sugmya Finance raises $3 million in funding from existing investors
The company plans to utilise the funds to fuel its growth initiatives while ensuring a healthy Capital Adequacy Ratio (CAR). Since its establishment, the company has raised over $10 million from micro venture capital firms and various other investors.
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