India’s economic growth accelerates to record 20.1% y/y in April-June -govt

Article content BENGALURU — India’s economy grew at a record 20.1% year-on-year in April-June quarter, official data on Tuesday showed, rebounding from a deep slump last year, helped by improved manufacturing in spite of a devastating second wave of COVID-19 cases. The read-out for June quarter was in line with the 20.0% growth forecast of…

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India’s Furlenco raises $140 million for its furniture and appliance renting service

Furlenco, a Bangalore-based startup that operates an eponymous furniture and appliance rental service, said today it has raised $140 million in a financing round as it looks to scale its operations in the South Asian market and explore international market expansion. The new $140 million financing round, a Series D, comprises $120 million debt raise…

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