The Indian venture capital company Chiratae Ventures, which focuses on funding early-stage entrepreneurs, has received Rs 759 crore as the first closure of a new fund that will invest in growth-stage businesses.
CureBay, an Odisha-based startup in the health tech sector, raises INR 50 Cr ($6.1 Mn) in a Series A fundraising round that was headed by Elevar Equity.
The Australian fintech Zip-backed buy now pay later (BNPL) firm ZestMoney witnessed its loss triple year over year (YoY) to INR 398.8 Cr in the fiscal year that ended on March 31, 2022, as a result of a significant increase in its costs.