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The startup plans to utilise the fresh funds to strengthen the startup's balance sheet and for business expansion.
The Mumbai-based ice cream brand Walko Food's aims to use the raised funds to supercharge Walko's expansion across its product portfolio and accelerate its penetration into the Indian ice cream market.
With the goal of encouraging innovation in the tech startup ecosystem, EIF aims to make at least two investments in companies over the next month after securing the first closing.
The job market in India can be great or not- depending on who you ask the question to.
The start-up boasts of over 500 clients across countries like UK, UAE, Singapore and India. Its clients range from unicorns to multinationals to royal families as well as government organisations. In 2023, it achieved significant milestones, including joining the Forbes Business Council and obtaining a legal license before the DIFC Dubai court