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Bhavesh Gupta

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Primebook secures 2 million dollars in pre-series A funding round

Laptop manufacturer Primebook has secured $2 million in a pre-series A funding round, with contributions from Inflection Point Ventures, Auxano Capital, and individual investors. The funds will be used for research and development, product innovation, and enhancing after-sales service, as the company capitalizes on the growing demand for affordable computing devices in India's education sector.Primebook's sales of 35,000 units at competitive price points highlight its market traction, positioning it against established players like HP and Lenovo. The funding structure, combining equity and debt, reflects a strategic approach to growth, emphasizing the importance of clear market validation in early-stage investments.
Tech in Asia
Indian Rupee HP Inc. LENOVO GROUP Acerinox, S.A. IND Bhavesh Gupta Show more
Business & Industry, Market Report
04:40 30.04.2025
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