Latest Startup l Technology News | Entrackr
WEB3 days ago · Entrackr is an independent voice on Indian Internet economy. We offer latest technology news as well as business news. Apart from news, we provide actionable insight to entrepreneurs across sectors including e-commerce, content, fintech among others.
Decoding Reliance-backed Dunzo’s Series F round and captable
WEBJan 21, 2022 · According to Fintrackr’s estimates, Dunzo has been valued at $765 million (post-money) following the Series F round. Its valuation took a jump of over two-fold in less than a year as compared to the last round in March 2021 when it was valued at $300 million. With 25.86% stake, Reliance Ventures has emerged as …
Exclusive: GlowRoad valuation touches $75 Mn with $7 Mn
WEBNov 2, 2020 · Fintrackr estimates that GlowRoad has been valued at around $75 million in the new round. Importantly, the company announced that it had topped the Series B round with $11.5 million in May last year. At that time, GlowRoad also said that it raised $24 million in total capital. Entrackr has sent queries to the company’s co-founder Shekhar Sahu ...
Unpacking BharatPe’s latest round and ownership structure
WEBAug 26, 2021 · According to Fintrackr’s estimates, BharatPe has raised the fresh round at a post-money valuation of $2.9 billion. Current shareholding structure of BharatPe. Following the allotment of fresh shares, Sequoia has emerged as the largest stakeholder in BharatPe with 18.58% stake followed by Coatue, Ribbit, Grace Software Holding and Beenext ...
WeRize’s revenue zooms 22X in last two fiscal years - Entrackr
WEBMar 30, 2024 · WeRize’s revenue zooms 22X in last two fiscal years. British International Investment-backed fintech platform WeRize seems to have found a stable ground across smaller cities and this could be validated from its growth trajectory in the last two fiscal years. The five-year-old firm registered a staggering 22X growth in its operating scale ...
Lenskart’s FY21 revenue growth stalls, profit soars 4.6X - Entrackr
WEBFeb 17, 2022 · Even with flat revenue during FY21, the company has managed to increase annual profits by nearly 4.6X to Rs 28.92 crore in the fiscal year as compared to Rs 6.32 crore booked during FY20. This is due to the 83.5% growth in the non-operating income generated by the company during the last fiscal. While …
Unacademy’s revenue and losses surge over 6X in FY21 - Entrackr
WEBNov 22, 2021 · Its total annual expenses ballooned 4.5X to Rs 2,030 crore in FY21 from Rs 452 crore spent in FY20. On a unit level, Unacademy spent Rs 5.1 to earn a single rupee of revenue during FY21. As a result, the EBITDA margin for the growth stage company stood at -320.3% while annual losses have ballooned nearly 6X to Rs 1,537.5 crore during FY21.
boAt posts Rs 2,873 Cr revenue in FY22, profit dips 20% - Entrackr
WEBJan 19, 2023 · The company registered over 2X growth in its scale for two consecutive fiscal years: FY21 and FY22. But the firm’s profit dipped 20% in FY22 as cost of procurement outpaced its revenue growth. boAt’s revenue from operations shot up 2.2X to Rs 2,873 crore during the fiscal year ending March 2022 as opposed to Rs 1,314 crore in FY21 ...
CASHe’s growth trips up in FY21 but remains profitable - Entrackr
WEBMay 16, 2022 · This coupled with reduced scale of operations has caused annual profits to reduce by nearly 51% to Rs 4.4 crore during FY21 from Rs 8.9 crore booked in FY20. The size of CASHe’s loan book has grown by 36.5% to Rs 326 crore at the end of FY21 from its size of Rs 240.5 crore at the start of the year. With a 2.5% (per month) interest rate on ...
Early Steps Academy raises $1.2 Mn in seed round - Entrackr
WEBNovember 24, 2021. Snippets. Edtech startup Early Steps Academy has raised $1.2 million seed capital from BEENEXT, Whiteboard Capital and Taurus Ventures. Angels such as Suhail Sumeer, Akash Saxena, Varun Alagh and others also participated in the round. The new funds will be used in R&D of content, technology advancement and in team expansion.
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