Indians spending a record $31.7 billion overseas in FY24, up 17% from the previous year, despite the introduction of tax collection. International travel is the biggest expense.
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India's overseas education landscape is experiencing notable shifts, with a recent GyanDhan report indicating a 22% decline in education loan applications between March and May 2024 compared to the same period last year.
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📊 HDFC Securities FY25 Performance Analysis
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1. Fundings:
- During the week, 23 Indian startups raised a total of approximately $152.49 million, including 5 growth-stage and 17 early-stage deals, while a startup kept its funding details undisclosed.
- In comparison, the previous week saw 25
Top News of the Day:
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2. Indian SaaS Startup Funding Sees 33% YoY Spi
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Case Study: Minimalist – Revolutionizing Skincare Through Transparency and Innovation
Introduction to Minimalist
Founded in October 2020 by Jaipur-based siblings Mohit Yadav and Rahul Yadav, Minimalist emerged as a disruptor in India’s beauty and per