Indian startups show sign of recovery with $7 Bn funding in H1 2024
Jul 3, 2024 · As per data compiled by TheKredible, Indian startups managed to raise nearly $7 billion in funding during H1 2024.
Zoho posts Rs 2,800 Cr profit in FY23, revenue up by 30% - Entrackr
Feb 1, 2024 · Zoho is one of the few tech companies which has managed to crack the industry code of growing scale along with a healthy bottom line, and that too without any external capital – its operating revenue spiked nearly 30% in FY23 whereas profits crossed Rs 2,800 crore.
Nazara’s NODWIN expands portfolio with acquisition of Trinity …
Nov 29, 2024 · Nazara Technologies backed NODWIN Gaming has acquired a gaming agency Trinity Gaming in a deal valued at Rs 24 crore ($2.8 million). This acquisition will see Trinity Gaming become a fully owned subsidiary of NODWIN Gaming, marking a significant step in expanding its reach and capabilities within the Indian gaming and content ecosystem.
Lenskart is EBITDA profitable with Rs 3,788 Cr revenue in FY23
Apr 25, 2024 · Lenskart has raised over $1.6 billion to date and was last valued at $4.5 billion in its last fundraise of $100 million in June last year. According to the startup data intelligence platform TheKredible, Softbank is the largest external stakeholder followed by Premji Invest and Kedaara Capital.As per Fintrackr’s estimates, its enterprise value to revenue multiple stood at …
Ola posts Rs 2,800 Cr revenue in FY23; cuts losses by 50% - Entrackr
Jan 10, 2024 · Ola’s parent entity ANI Technologies recorded a 42% growth in scale to Rs 2,799 crore during the fiscal year ending March 2023 as compared to Rs 1,970 crore in FY22, as per the audited consolidated financial results published on Ola’s website.. The company also managed to cut down its losses by nearly 50% to Rs 772 crore during FY23 against Rs 1,522 crore in FY22.
Exclusive: FIITJEE-backed PlanetSpark raises fresh funds in
Mar 8, 2024 · Exclusive: FIITJEE-backed PlanetSpark raises fresh funds in ongoing round Edtech platform PlanetSpark has raised Rs 141.8 crore or $17 million in an extended Series B round led by Prime Venture Partners via Seabright
Decoding Zepto's Unicorn round, valuation and shareholding
Oct 2, 2023 · Quick commerce platform Zepto surprised skeptics yet again as it turned unicorn last month after raising $200 million in a Series E round led by venture capital firm StepStone. While the Mumbai-based company did not disclose more details of the round, Fintrackr has sifted through its regulatory filings to decode the round break-up, their captable, and exact valuation.
Sugar Cosmetics reports Rs 505 Cr revenue and Rs 76 Cr loss in FY24
Nov 16, 2024 · Following a 90% year-on-year growth during FY23, the direct-to-consumer (D2C) beauty brand Sugar Cosmetics saw a modest 20% growth in March 2024.
Water-tech startup Althion raises pre-Series A round
Nov 28, 2024 · Water-tech company Althion has raised Rs 3.6 crore in a pre-Series A funding round from IAN Group-powered BioAngels, along with participation from prominent investors Arun Seth, Om Manchanda, KNK Venkatraman, and Shubham Rastogi.
All Stories | Entrackr
5 days ago · Funding and acquisitions in Indian startup this week [23 - 28 Dec] During the week, as many as 9 Indian startups raised around $47.7 million in funding.