Definition

Ten million in Indian numbering system—that's 10,000,000 for those who count the Western way. Perfect for discussing mind-bogglingly large sums in South Asian finance without needing to count all those zeros.

Example Usage

The startup raised 50 crore rupees in Series A funding, which sounded impressive until they realized they'd burned through it in 18 months.

Source: Common Indian financial terminology

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Intermediate

convertible

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