Consumer Lending App RING Secures Venture Debt Worth INR 100 Crore from Trifecta Capital
Ring, a popular consumer lending app, has secured venture debt worth INR 100 crore from Trifecta Capital, marking the first fundraise for the Mumbai-based company in 2024.
The debt proceeds will help RING lend more and expand its loan book, according to the press release issued by the company.
https://www.yourfirststartup.i....n/blog/Consumer-Lend

PlanetSpark Reports INR 41 Cr Revenue and INR 90 Cr Loss in FY23
PlanetSpark, a seasoned education technology company, has disclosed its financial performance for the fiscal year ending March 2023. The company reported a significant 41% increase in revenue of INR 42 crore, rising from INR 30 crore in FY22, as per regulatory filings with the Registrar of Companies (RoC).
https://www.yourfirststartup.i....n/blog/planetspark-r