XpressBees crosses Rs 1,900 Cr revenue in FY22, break even in sight

XpressBees, the e-commerce-focused end-to-end supply chain solutions provider, turned unicorn after a $300 million round led by Blackstone Growth, TPG Growth, and ChrysCapital in February this year. The company raised the fund at the end of FY22 during which it demonstrated a strong financial performance with revenues of more than Rs 1,900 crore and inched closer towards break even.
#XpressBees #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/11/xpressbees-crosses-rs-1900-cr-revenue-in-fy22-break-even-in-sight/

Paytm Mall Records Rs282 Cr Revenue and Rs142 Cr Loss

Revenue from Paytm Mall grew 85.3% to Rs 139.9 cr. Commission collected from merchants and sellers for providing platform services accounted for 45% of the total collection during FY22, which declined 27% to Rs 126.9 cr from the preceding year's revenue of Rs 12.7 cr.

#Paytm #PaytmMall #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding

https://entrackrnews.wordpress.com/2022/11/09/paytm-mall-records-rs282-cr-revenue-and-rs142-cr-loss/

Lendingkart’s losses mount 7X in FY22 while scale grows 24%

After a flat FY21, Lendingkart has managed to grow around 25% and crossed the Rs 600 crore revenue threshold during the last fiscal year (FY22). However, this growth has been accompanied by a steep rise in losses which ballooned 7X in FY22.

#Lendingkart #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/10/lendingkart-losses-mount-7x-in-fy22-while-scale-grows-24/

LeadSquared's Revenue Hits Rs 200 Cr in FY22, Losses Jump 5.4X

LeadSquared, a software as service (SaaS) platform, has become a unicorn after it raised $153 million through a Series C financing round with WestBridge Capital and existing investors in June 2022.

#LeadSquared #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding

https://entrackrnews.wordpress.com/2022/10/13/leadsquareds-revenue-hits-rs-200-cr/

Adda247 to raise $35-40 Mn from WestBridge, Google and others
Edtech startup Adda247 is in its final leg to raise $35-40 million in a new round from new and existing investors. This will be the second funding round for the Gurugram-based startup within a year.

#Adda247 #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/09/exclusive-adda247-to-raise-35-40-mn-from-westbridge-google-and-others/

Edtech startup Lido files for insolvency and bankruptcy
The board at Lido has passed a special resolution to file an application under section 10 of Insolvency and Bankruptcy (IBC) code, 2016, according to the company’s filings with the Registrar of Companies (ROC).

#Lido #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/09/exclusive-edtech-startup-lido-files-for-insolvency-and-bankruptcy/

Fast Food Chain Wow! Momo Raises $16 Million in Series D

Wow! Momo is a quick service restaurant chain, provides everything related to momos only like momo-filled burgers and its desserts also. The startup has raised $16 million in a round led by Tree Line Investment Management

#WowMomo #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackrnews.wordpress.com/2022/09/08/wow-momo-raises-16-million-in-series-d/

Tiger Global Leads $15 Mn Round in Jodo at $90 Mn Valuation

Tiger Global Management, has led a $15 mn investment round in Jodo, a social media platform for businesses which was participated by existing investors Elevation Capital and Matrix Partners India. The investment values Jodo at $90 million.

#Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackrnews.wordpress.com/2022/08/16/tiger-global-leads-15-mn-round-in-jodo/

Decoding Cuemath’s latest round and shareholding structure
While Cuemath did not provide much information about the financing round, Fintrackr has decoded break-up of the round, valuation and current shareholding structure of the company through its regulatory filing with the Registrar of Companies (RoC).

#Cuemath #MFine #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/08/decoding-cuemaths-latest-round-and-shareholding-structure/

Rupeek set to raise $50 Mn at a flat valuation
Online gold loan platform Rupeek appears close to mopping up fresh capital from existing backers. The Bengaluru-based company is in late-stage talks to raise more capital in an extended Series E round.
#Rupeek #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/07/exclusive-rupeek-set-to-raise-50-mn-at-a-flat-valuation/

Rohit Kapoor, Global CMO of OYO has quit to Join Swiggy
OYO’s head of marketing Rohit Kapoor has quit the company following four years, according to three people with knowledge of the specifics. “Kapoor has already quit OYO and is currently serving his notice,” said one of the sources who requested anonymity. “He’s probably to be released from his duties at OYO in August.”
#OYOStartupNews #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding
https://entrackrnews.wordpress.com/2022/07/22/rohit-kapoor-quit-oyo-to-join-swiggy/

Top Benefits of Virtual Workspace You Must Know in 2022

A virtual workspace is a win-win for anyone looking for a cost-effective, flexible and comfortable business environment. The virtual workspace is the actual answer to the start-up workspace problem. Here are the top benefits of virtual workspace:

#VirtualWorkspace #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding
https://entrackrnews.wordpress.com/2022/07/11/top-benefits-of-virtual-workspace/

Indian Startups Acquisitions & Fundings News [30 May- 04 Jun]

This week the 33 Indian startups raised funds, and 28 of them received an estimated total of $525.81 million. MoEngage and Cuemath were among the top fundraisers who raked in the sums of $77 and $57 million, respectively. Apart from this, the week also saw 3 acquisitions.

#Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackrnews.wordpress.com/2022/06/07/indian-startups-acquisitions-and-fundings-news-30-may-04-jun/

Slice raises $50 Mn in a new round led by Tiger Global

Japanese investor GMO Venture Partners is a new investor to join this round, said the company in a press statement. While the company didn’t disclose any further details about this round, Entrackr has decoded the round split, valuation et al through its regulatory filings.

#Slice #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/06/slice-raises-50-mn-in-a-new-round-led-by-tiger-global/