Indian snacks giant, Prataap Snacks Limited, posted modest gains in its Q2 results for fiscal year 2025, reporting a 5% revenue increase year-over-year, with revenue hitting ₹4,411 million for the quarter ending September 30, 2024. The company faced significant inflationary pressures impacting raw material costs, yet managed to secure growth, particularly within its pellet snacks […]
Drip Capital, a digital trade finance platform headquartered in Palo Alto, California, with significant operations in India, has raised $113 million in a new funding round. This capital infusion includes $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation, and $90 million in debt financing led by the […]
Atlys, a digital platform specializing in visa applications, has garnered $12 million in a Series A funding round. The investment was spearheaded by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital, and also included contributions from existing investors such as Andreessen Horowitz (a16z), Chainsmokers, South Park Commons, Pinterest founders, and more. Expanding Horizons: […]