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Zomato-backed AdOnMo raises $25M to expand its presence to 40 Indian cities - The funding round was led by Singapore-based VC firm Rigel Capital and Indonesia-based Sinar Mas. - Cofounder Sravanth Gajula said the funds will be used to expand the startupโs presence to 40 Indian cities and increase its number of displays to 100,000 from the current 50,000. - Founded in 2017, AdOnMo provides outdoor advertising solutions, enabling targeted, real-time advertisements on cloud-connected digital screens. Source: Inc42
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Premium tea brand Freshleaf has raised Rs 1 crore in its seed round led by Inflection Point Ventures. The proceeds will be used to expand marketing efforts, increase production capacity, and enhance research and development for new products, the com
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Zomato will acquire Paytm's entertainment and ticketing business for Rs 2,048 crore as the food delivery giant looks to expand its presence in the 'going-out' segment, while the embattled fintech major seeks to focus on its core financial services of
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