ECONOMIC TIMES - Aug 31 - Indian dating app TrulyMadly has raised $1.1M (Rs. 8.1 crore) from several angel investors and a venture capital firm. The company reported a revenue of Rs. 3.60 crore ($493.4k) in the financial year 2018, Rs. 3.48 crore ($476.9k) in 2019 and Rs. 3.45 crore ($472.8k) in 2020. However, this fiscal year, the company expects to reach Rs. 9 crore ($1.2M) in revenue.
by Megha Mandavia
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