North Korea’s Kim Yo Jong lashes out at South Korean government over possible sanctions. This is what she said

6 days ago The Economic Times

Agenciesblasted South Korea's conservative PresidentAmong the recent testing was the firing of an intercontinental missile that might have covered the entire US mainland. He is a politician from North Korea, who has served as the country's Supreme Leader since 2011 and as the leader of the Workers' Party of Korea since 2012. North Korean people are typically unable to travel freely within the country, let alone outside. North Korean leader, Kim Jong Un's sister, has lashed out at South Korea 's government, just days after it stated that it was mulling further sanctions in response to the regime's latest missile launches. Suppose North Korea conducts a significant provocation, such as a nuclear test.
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CashKaro raises Rs130 crore in fresh funding

Cashback and coupons platform CashKaro has raised Rs 130 crore as part of its recent funding round led by Affle Global Pte Ltd (AGPL).This minority investment has flowed into Pouring Pounds UK, the parent entity of Pouring Pounds India which houses the CashKaro and EarnKaro brands.CashKaro has, including the latest round, raised over Rs 125 crore from investors including Kalaari Capital, Ratan Tata , emeritus chairman of Tata Sons; Korea Investment Partners and others.Singapore-based AGPL is a fully owned subsidiary of Affle Holdings Pte Ltd (AHPL). This investment would strategically strengthen our unique business-to-consumer (B2C) engagement model as we scale CashKaro user base to over 100 million in the next few years,” said Rohan Bhargava, cofounder of CashKaro and EarnKaro, in a statement.According to the company, it drove gross merchandise value (GMV) worth Rs 4,000 crore for its partner ecommerce websites in FY22.“We are elated to announce our minority investment in CashKaro as they enter into the next phase of scalability and monetization. We appreciate the team, their strategic execution focus on profitable growth and commitment towards good corporate governance,” said Anuj Khanna Sohum, founder and chairman of AGPL.The company also crossed the Rs 200 crore revenue mark in FY22, ET reported earlier. Earlier this year, the company had also expressed plans to hire as many as 350 employees across functions, taking its overall team size to over 700 members.“CashKaro has seen fast and cost-efficient growth over the last 2 years, scaling from Rs 100 crore revenue in FY21 to Rs 225 crore in FY22, while consistently keeping losses under Rs 10 crore. We felt it was the right time to raise money and scale up our user acquisition, marketing, expansion into new business verticals, product development and hiring new talent,” said Swati Bhargava, cofounder, CashKaro and EarnKaro.

28 days ago The Economic Times
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