AquaExchange, an IoT-powered aquaculture technology startup, has achieved a significant revenue milestone, crossing Rs 100 crore in the fiscal year 2024. The company, founded by Pavan Kosaraju, is redefining India’s aquaculture industry with a unique blend of technology and finance solutions designed to tackle key issues for fish and shrimp farmers. This remarkable growth highlights…
In a remarkable exit, 8i Ventures, an India-focused venture capital fund, has secured an impressive 12x return on its early investment in M2P Fintech. The fintech company, which specializes in Banking-as-a-Service (BaaS), recently raised $100 million, allowing 8i Ventures to exit with a return of INR 115.9 crore from an initial INR 9.7 crore investment. The 4.5-year journey delivered an internal…