[ad_1] Neysa, India’s first AI cloud and platform-as-a-service startup, has secured $20 million in seed funding, led by Matrix Partners India, Nexus Venture Partners, and NTTVC. Neysa is the second entrepreneurial stint of Sharad Sanghi, considered a pioneer of the Indian cloud computing space. His first venture, Netmagic Solutions, a cloud and data … Read more
[ad_1] Inflated valuations, corporate misgovernance, cash burn, and the so-called funding winter were some of the defining trends in the Indian startup world in 2023. However, what could be perceived as a tumultuous year for the country’s startups was also a year of silver lining and sobriety for founders and investors alike. The … Read more
[ad_1] IIFL Finance said on Wednesday it would raise funds up to Rs 2,000 crore ($241.5 million) as the non-bank lender looks to shore up capital after India’s central bank barred it from offering gold loans. The company will raise the funds through the issue of shares on rights basis and non-convertible debentures … Read more