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 …
Porter reports Rs 2,734 Cr revenue in FY24; losses dip 45%
Sep 9, 2024 · Porter managed to grow its scale without any external fundraise in FY24 and FY23. Its $100 million Series E round led by Tiger Global and Vitruvian Partners came in October 2021 (FY22). The firm reportedly turned unicorn in an internal round which also included secondary components. However, the Bengaluru-based company has yet to announce it officially.
FNP crosses Rs 700 Cr revenue in FY24; losses drop by 78%
Nov 20, 2024 · After a flat FY23, FNP managed 16% growth in its operating revenue in the fiscal year ending March 2024. At the same time, the firm also narrowed losses by 77% in the same period.
Shadowfax posts Rs 1,885 Cr revenue in FY24, turns EBITDA …
Dec 3, 2024 · Shadowfax posts Rs 1,885 Cr revenue in FY24, turns EBITDA profitable Shadowfax reduced its losses by 90%. Simultaneously, the company recorded over 33% year-on-year growth in operating revenue, and turned EBITDA positive …
Healthify raises $20 Mn, aims for US expansion - entrackr.com
Oct 25, 2024 · Health and fitness platform Healthify (formerly HealthifyMe) has raised $20 million in fresh capital as part of a $45 million equity round. This round was led by Khosla Ventures and LeapFrog Investments, with new participation from Claypond Capital, the family office of Indian healthcare billionaire Dr. Ranjan Pai.
Ninjacart claims Rs 2002 Cr in gross revenue for FY24
Oct 29, 2024 · With a 74% year-on-year growth in gross revenue, agritech firm Ninjacart sustained its growth trajectory in the last fiscal year. Simultaneously, the company reported a 20% reduction in losses; however, this is an adjusted loss figure that …
Exclusive: Logistics SaaS unicorn Shiprocket to raise $26 Mn
Dec 27, 2024 · Logistics and supply chain enabler Shiprocket is raising Rs 219 crore (around $26 million) in an extension of its ongoing Series E round. The round is led by KDT Ventures, with participation from MUFG Bank, Tribe Capital, and SAI Global. The board at Shiprocket has passed a special resolution to ...
Indian startups soar in 2024 with 13 IPOs raising nearly Rs 30,000 Cr
Dec 24, 2024 · The year 2024 has set a benchmark for tech companies or startups in India, with 13 companies launching their initial public offerings (IPOs). This marks a significant rise compared to previous years, where the numbers stood at 6 in 2023, 6 in 2022, and 10 in 2021.
Qure.ai revenue soars 83% to Rs 141 Cr in FY24, slashes losses
Oct 17, 2024 · The Mumbai-based firm has raised over $120 million to date, including a recent $65 million round. According to startup data platform TheKredible, notable investors in Qure.ai include Peak XV, Lightspeed, Fractal, and Novo Holdings.. Large funding rounds of the type Qure.ai has attracted are increasingly available only for firms that have traveled some distance in demonstrating market acceptance.
Navi breaks into top 5 UPI apps in September as PhonePe …
Oct 13, 2024 · September 2024 marked a significant milestone in the Unified Payments Interface (UPI) ecosystem, with total transactions surpassing 15 billion for the first time since its inception in April 2016.