Category: Finance

Monk-E, owned by Ranveer Allahbadia, a full-service digital media agency specializing in talent management, video production, social media management, and influencer marketing, saw significant financial growth in FY24. The majority of its revenue—86.6%—came from India, while the remaining portion was generated from international markets.

Mumbai-based fintech startup Spare8 has successfully raised an undisclosed amount in its latest funding round. The round saw participation from prominent names, including Param Agrawal, son of veteran investor Mayank Agrawal, and Rajiv Shastri, former CEO of NJ Asset Management.

This follows a pre-seed funding round in August 2022, where Spare8 secured $800,000 from investors such as 2am VC, Varanium Capital, Magic Fund, Incisive Ventures, and Broom Ventures. While the earlier round focused on building the platform, acquiring initial

In a significant move highlighting the growing defence partnership between India and the United States, seven Indian startups have been selected for a unique programme focused on defence and space collaboration. Launched jointly by Indian investor Indusbridge Ventures and U.S.-based FedTech in September 2024, this initiative is the first of its kind, designed to bolster bilateral cooperation in defence and dual-use technologies.