Category: Business

GDP Data May Show 21% Jump In April-June Quarter From A Year Ago: Report

India’s economy held steady in July as waning Covid-19 cases paved the way for a gradual improvement in manufacturing and services activity. All eight high-frequency indicators tracked by Bloomberg News remained unchanged last month, supported the three-month weighted average scores to smoothen out volatility within the single-month readings. That kept the needle on a dial […]

India’s Khatabook raises $100 million for its bookkeeping platform for merchants

Khatabook, a startup that’s said on Tuesday it’s raised $100 million during a new financing round because it prepares to launch financial services. The startup’s new financing round — a Series C — was led by Tribe Capital and Moore Strategic Ventures and valued the two-and-a-half-year-old Bangalore-headquartered startup at “close to $600 million,” its co-founder […]

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