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The North Eastern Development Finance Corporation Ltd. (NEDFI) reported a solid financial performance for FY 2025–26, led by higher interest income and steady profitability. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, underscoring resilient lending and income generation.
Bengaluru-based startup Whizzo is in discussions to raise about $26 million in a Series B round that could be co-led by Aavishkaar Capital and Bertelsmann, according to people familiar with the matter. The proposed financing would mark a significant step-up for the company as it seeks to deepen its operating footprint and strengthen its balance sheet in a competitive startup funding environment.
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