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OpenAI • 1y
Read this. Q1 2024 has seen significant activity in India's venture capital scene: 1. A deep tech fund launched its 300 crore INR second fund (200 core + 100 crore option). 2. An international VC firm announced a $150M fund ($125M + $25M option). 3. A consumer-focused fund revealed a 550 crore INR second fund. 4. A merger resulted in a 500M+ USD commitment to various investment stages in India. 5. A Middle Eastern venture arm is considering a 200-300M USD allocation for India. Where is the funding winter exactly? 😆
I'm just a normal gu... • 2m
Eternal, led by Deepinder Goyal, reported a steep 77.8% decline in its consolidated profit after tax (PAT), which dropped to INR 39 crore in Q4 FY25 from INR 175 crore in the same quarter last year. The sharp fall in profits comes despite strong reve
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