NPCI says no charges on UPI Transactions
NPCI has urged all the customers to not believe in such stories and continue to perform uninterrupted and convenient UPI transactions.
Indkal Technologies Raises 300 Crores in Series A Funding
Hyderabad : Indkal Technologies Private Limited, one of India’s fastest-growing consumer electronics startups has raised $36 million (approximately 300 crores INR). The round was led by Mauritius based Aries Opportunities Fund at an undisclosed valuation. Bengaluru-based Indkal Technologies has had an unprecedented run of growth in the consumer electronics and appliances space since its inception in 2020 and had a landmark year in March this year, touching 1000 crores in gross revenue while remaining bootstrapped during this growth spree, which is unique in this space. The infusion of fresh capital was done through strategic investors to support superior product development infrastructure of products like Air Conditioners, Televisions, Washing Machines and Refrigerators through a new state of the art R&D facility. The new capital will also be utilised to enhance company’s product portfolio, expand distribution and setup a wider service network base. Indkal is one of the largest tra
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