Shipra Singh: Page 7

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News and Trends

Logistics Startup Fleetx.io Raises USD 3.1 Mn From Beenext and India Quotient

The fresh capital received in the pre-series B round will be used for scaling in India and other markets, strengthening product and technology and hiring talent

News and Trends

Sequoia India Pumps $7 Mn in AR Platform Avataar.me

The Bengaluru-based startup plans to deploy the fresh capital towards its research and development (R&D) initiatives.

News and Trends

India's Projected GDP Decline of 10.3% This Fiscal is Worst Among All Emerging Economies: IMF

The 10.3% GDP contraction for India is for the current fiscal year, ending on March 2021, as opposed to projections for all other economies based on the calendar year 2020. IMF's outlook for India for the current calendar year 2020 is pegged at 8.6% decline

News and Trends

Cover Genius Raises AU$ 15 Mn to Expand its Product Suite and Partner Network Globally

The funding was led by Sydney-based King River Capital and through a loan, GIC backed Leap Capital also supplemented the funding round

News and Trends

Content Marketplace Pepper Content Raises INR 31.6 Cr Funding Led by Lightspeed India

The company said it plans to use the fresh capital to expand to text, design audio, and video content in India and Southeast Asia

News and Trends

The Govt Wants You to Spend; Announces Festival Advance to Boost Consumer Spending

To encourage consumer spending, Sitharaman announced two schemes- a leave travel concession (LTC) cash voucher and special festive advance-mainly aimed at benefitting central government employees