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.
Six Kerala-based international-level chess players who are college students founded the edtech startup "Eight Times Eight" in 2020, and the company raises $5 million in pre-seed funding. The startup co-founders have all represented India in international events. In September 2021, they started working full-time.
AlmaBetter, a business in edtech upskilling, raises $2.7 million in seed funding led by Kalaari Capital and more than 15 angel investors and tech company founders.