FutureTech

Turtlemint witnessed a stable financial performance in the financial year 2021 This comes at a time when the company is in talks with New York’s Tiger Global Management to raise a new round Turtlemint, an insuretech platform, has a steady financial performance in fiscal year 2021. The Mumbai-based company increased its operational revenue by 35% to Rs 63 crore in FY21, up from Rs 46.8 crore the previous fiscal year (FY20). Commission and brokerage accounted for Rs 60.36 crore of Turtlemint’s total operating income in FY21, accounting for 96 percent of…

The company’s operating revenue dwindled 4% to Rs 24.30 crore in FY21 Niyo’s expenses were also reduced by 4% to Rs 112.22 crore in FY21 from Rs 117.19 crore in FY20.  Neobanking startup Niyo, one of the first movers in India’s customer-focused neo banking industry with a focus on the blue-collar group is yet to hit critical scale despite its early mover advantage. Niyo’s revenue increase in its fifth fiscal year (FY21) has been negative. The company’s operating revenue fell 4% to Rs 24.30 crore in FY21, down from Rs 25.32…

Zoho to enter the booming e-learning market. TrainerCentral will look at entering the enterprise segment but as of now, the focus is entirely on small, individual trainers and training companies.  Zoho Corp. has launched TrainerCentral, a collaborative e-learning platform designed to capitalize on the booming e-learning market. Aarthi Elizabeth, the new business division’s chief brand evangelist, confirmed the news. Chennai-headquartered Zoho is the parent company of technology brands like ManageEngine, Zoho, and Qntrl, as well as TrainerCentral, which will provide knowledge creators, solopreneurs, and experts from all fields with a…