According to a report by GroupM @INCA_Global, the Indian #influencermarketing industry is expected to grow to INR 2,200 Cr by 2025, at a CAGR of 25%
⬆️
Recently, creator tech platform, @HypdStore_in raised $1.5 Mn in its seed funding round.
👉 Former Twitter India CEO Manish Maheshwari and Tanay Pratap, a former senior software engineer at Microsoft, recently launched Invact Metaversity (@invactHQ), offering an immersive campus experience to students.
.@xto10x has raised $25 Mn in its Series A round led by its cofounder @binnybansal and 28 founders and senior leaders from the startup ecosystem in India and Southeast Asia. inc42.com/buzz/binny-ban…
2/ The funds will be used to ramp up its learning programs, software tools and operating capabilities.
While VC/PE firms’ investment ideally comes into the picture when startups meet certain criteria.;
It is the #angelinvestors who support the startup founders in meeting the operational expenses during the formation years. 💸