Indian startups raking it in from money parked in mutual funds; ‘other income’ up 31%

By Ankit Agarwal

  • 03 Mar 2020
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Credit: Thinkstock

Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors, with a few zero-revenue ventures earning more from mutual fund bets than from selling products and services to own customers, according to a VCCircle study. The study, which captured the financials of ......

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