The Kredible is a data platform that crunches critical numbers of Indian startups across domains such as e-commerce, fintech, healthcare, edtech among others. Our goal is to provide company insights and data for anyone to filter noise and evaluate startups solely through numbers.
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  • Edukemy’s scale rose 14% in FY23, losses narrow 70% Edukemy, a Bengaluru-based test prep edtech startup, saw significant improvements in FY23, with revenue growing 14% to Rs 7.6 crore and expenses dropping 44% to Rs 12 crore. Its personalized education platform boosted sales of services to over Rs 7 crore. Founded by Deb Tripathi and Shabbir A Bashir, the company reduced losses by 70% to Rs 4.9 crore. Employee benefits made up 40% of expenses, while depreciation and legal charges contributed 10% and 5% respectively. Edukemy's last funding round raised Rs 15 crore in 2021. #thekredible #StartupNews #Startup #IndianStartup #Edukemy #EdtechStartup #TestPrep #BengaluruStartup #EdtechInnovation #TechInEducation #EdtechNews #EducationTechnology #EducationStartup #EdtechIndia https://thekredible.com/blogs/edukemys-scale-rose-14-in-fy23-losses-narrow-70
    Edukemy’s scale rose 14% in FY23, losses narrow 70% Edukemy, a Bengaluru-based test prep edtech startup, saw significant improvements in FY23, with revenue growing 14% to Rs 7.6 crore and expenses dropping 44% to Rs 12 crore. Its personalized education platform boosted sales of services to over Rs 7 crore. Founded by Deb Tripathi and Shabbir A Bashir, the company reduced losses by 70% to Rs 4.9 crore. Employee benefits made up 40% of expenses, while depreciation and legal charges contributed 10% and 5% respectively. Edukemy's last funding round raised Rs 15 crore in 2021. #thekredible #StartupNews #Startup #IndianStartup #Edukemy #EdtechStartup #TestPrep #BengaluruStartup #EdtechInnovation #TechInEducation #EdtechNews #EducationTechnology #EducationStartup #EdtechIndia https://thekredible.com/blogs/edukemys-scale-rose-14-in-fy23-losses-narrow-70
    THEKREDIBLE.COM
    Edukemy’s scale rose 14% in FY23, losses narrow 70%
    Bengaluru based test prep edtech startup Edukemy’s FY23 financials saw quite an improvement of 14% to Rs 7.6 crore in FY23.
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  • e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs e-TRNL Energy, a battery tech startup founded in 2021, recorded Rs 8000 revenue in FY23 from operations. The company offers advanced battery cells with higher energy density and faster charging capabilities. Competing with Irasus, Brightblu, Oakter, and Ev Plugs, it raised Rs 8 crore in late 2022, with Speciale Invest leading the funding. Founders Apoorv Shaligram and Uttam Sen retained significant stakes. FY23 expenses totaled Rs 28.9 lakhs, resulting in Rs 29.3 lakhs in losses, an EBITDA of -36,037.50%, and an ROCE of -3.98%. #thekredible #EVBatteryTech #ETRNL #BatteryInnovation #StartupSuccess #CleanEnergy #SustainableTech #EVIndustry #EnergyDensity #FasterCharging #TechEntrepreneur #FY23Results https://thekredible.com/blogs/e-trnl-recorded-rs-8000-in-scale-in-fy23-losses-at-rs-29-lakhs
    e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs e-TRNL Energy, a battery tech startup founded in 2021, recorded Rs 8000 revenue in FY23 from operations. The company offers advanced battery cells with higher energy density and faster charging capabilities. Competing with Irasus, Brightblu, Oakter, and Ev Plugs, it raised Rs 8 crore in late 2022, with Speciale Invest leading the funding. Founders Apoorv Shaligram and Uttam Sen retained significant stakes. FY23 expenses totaled Rs 28.9 lakhs, resulting in Rs 29.3 lakhs in losses, an EBITDA of -36,037.50%, and an ROCE of -3.98%. #thekredible #EVBatteryTech #ETRNL #BatteryInnovation #StartupSuccess #CleanEnergy #SustainableTech #EVIndustry #EnergyDensity #FasterCharging #TechEntrepreneur #FY23Results https://thekredible.com/blogs/e-trnl-recorded-rs-8000-in-scale-in-fy23-losses-at-rs-29-lakhs
    THEKREDIBLE.COM
    e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs
    2021 founded EV battery tech company e-TRNL recorded a revenue of Rs 8000 in the fiscal year ending March 2023.
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  • e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs Founded in 2021, EV battery tech company e-TRNL reported Rs 8000 revenue in FY23, all from operations. Competing with Irasus and others, it raised Rs 8 crore in late 2022, led by Speciale Invest. FY23 expenses were Rs 28.9 lakhs, with similar losses, and an EBITDA of -36,037.50%. #thekredible #EVBatteryTech #ETRNL #BatteryInnovation #StartupSuccess #CleanEnergy #SustainableTech #EVIndustry #EnergyDensity #FasterCharging #TechEntrepreneur #FY23Results https://thekredible.com/blogs/e-trnl-recorded-rs-8000-in-scale-in-fy23-losses-at-rs-29-lakhs
    e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs Founded in 2021, EV battery tech company e-TRNL reported Rs 8000 revenue in FY23, all from operations. Competing with Irasus and others, it raised Rs 8 crore in late 2022, led by Speciale Invest. FY23 expenses were Rs 28.9 lakhs, with similar losses, and an EBITDA of -36,037.50%. #thekredible #EVBatteryTech #ETRNL #BatteryInnovation #StartupSuccess #CleanEnergy #SustainableTech #EVIndustry #EnergyDensity #FasterCharging #TechEntrepreneur #FY23Results https://thekredible.com/blogs/e-trnl-recorded-rs-8000-in-scale-in-fy23-losses-at-rs-29-lakhs
    THEKREDIBLE.COM
    e-TRNL recorded Rs 8000 in scale in FY23, losses at Rs 29 lakhs
    2021 founded EV battery tech company e-TRNL recorded a revenue of Rs 8000 in the fiscal year ending March 2023.
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  • Neeman’s revenue grew 48% in FY23, losses spike 35% Hyderabad's sustainable footwear startup Neeman’s grew its revenue by 48% to Rs 69.5 crore in FY23, driven largely by fabric sales (55%) and open/close footwear (44%). Founded by Taran Chhabra, the D2C brand utilizes materials like Merino wool and recycled PET. Expenses rose 43% to Rs 103.45 crore, with materials (40%), ads (30%), and transportation (9%) as major costs. Despite revenue growth, losses widened 35% to Rs 34 crore, with EBITDA margin and ROCE at -46.07% and -113.15% respectively. #thekredible #Startup #News #Insights #Neemans #SustainableFootwear #OrganicCotton #RecycledMaterials #FootwearIndustry #EcommerceBusiness #StartupFinance #HyderabadStartups https://thekredible.com/blogs/neemans-revenue-grew-48-in-fy23-losses-spike-35
    Neeman’s revenue grew 48% in FY23, losses spike 35% Hyderabad's sustainable footwear startup Neeman’s grew its revenue by 48% to Rs 69.5 crore in FY23, driven largely by fabric sales (55%) and open/close footwear (44%). Founded by Taran Chhabra, the D2C brand utilizes materials like Merino wool and recycled PET. Expenses rose 43% to Rs 103.45 crore, with materials (40%), ads (30%), and transportation (9%) as major costs. Despite revenue growth, losses widened 35% to Rs 34 crore, with EBITDA margin and ROCE at -46.07% and -113.15% respectively. #thekredible #Startup #News #Insights #Neemans #SustainableFootwear #OrganicCotton #RecycledMaterials #FootwearIndustry #EcommerceBusiness #StartupFinance #HyderabadStartups https://thekredible.com/blogs/neemans-revenue-grew-48-in-fy23-losses-spike-35
    THEKREDIBLE.COM
    Neeman’s revenue grew 48% in FY23, losses spike 35%
    Sustainable footwear startup Neeman’s saw its top line scaling over 48% to Rs 69.5 crore in the fiscal year ending March 2023.
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  • Deepetch Ecozen records 2X rise in scale in FY23, expenses follow Ecozen, a deeptech firm based in Pune, saw its revenue surge to Rs 295.5 crore in FY23, a 2.4X increase from Rs 123 crore in FY22. The firm, known for climate-smart solutions, faced significant expenses, raising overall costs to Rs 289.5 crore. Despite rising losses to Rs 5.7 crore, it secured substantial funding and maintained positive EBITDA and ROCE. #thekredible #Startup #StartupNews #Data #Insights #Ecozen #SustainableTech #EnergyStorage #PuneStartups #GreenTechnology #Investment https://thekredible.com/blogs/deepetch-ecozen-records-2x-rise-in-scale-in-fy23-expenses-follow
    Deepetch Ecozen records 2X rise in scale in FY23, expenses follow Ecozen, a deeptech firm based in Pune, saw its revenue surge to Rs 295.5 crore in FY23, a 2.4X increase from Rs 123 crore in FY22. The firm, known for climate-smart solutions, faced significant expenses, raising overall costs to Rs 289.5 crore. Despite rising losses to Rs 5.7 crore, it secured substantial funding and maintained positive EBITDA and ROCE. #thekredible #Startup #StartupNews #Data #Insights #Ecozen #SustainableTech #EnergyStorage #PuneStartups #GreenTechnology #Investment https://thekredible.com/blogs/deepetch-ecozen-records-2x-rise-in-scale-in-fy23-expenses-follow
    THEKREDIBLE.COM
    Deepetch Ecozen records 2X rise in scale in FY23, expenses follow
    Pune headquartered deeptech firm Ecozen’s revenue headed for a steep rise to Rs 295.5 crore in the fiscal year ending March 2023.
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  • Tirex Chargers posted 67% hike in scale in FY23, losses drop 70% Tirex Chargers, an EV charging company in Ahmedabad, experienced a 67% revenue increase to Rs 13.3 crore in FY23. Offering AC and DC chargers from 7kW to 360kW, it serves various vehicles and has installed 10,000 kW chargers for clients like Foton and Olectra. Despite a 68% rise in expenses, it maintained revenue parity, supported by a Seed round of Rs 15 crore in 2022. #thekredible #Startup #StartupNews #Data #Insights #TirexChargers #ElectricVehicles #StartupInvestment #GreenTechnology #RenewableEnergy #AutomotiveIndustry #RevenueGrowth https://thekredible.com/blogs/tirex-chargers-posted-67-hike-in-scale-in-fy23-losses-drop-70
    Tirex Chargers posted 67% hike in scale in FY23, losses drop 70% Tirex Chargers, an EV charging company in Ahmedabad, experienced a 67% revenue increase to Rs 13.3 crore in FY23. Offering AC and DC chargers from 7kW to 360kW, it serves various vehicles and has installed 10,000 kW chargers for clients like Foton and Olectra. Despite a 68% rise in expenses, it maintained revenue parity, supported by a Seed round of Rs 15 crore in 2022. #thekredible #Startup #StartupNews #Data #Insights #TirexChargers #ElectricVehicles #StartupInvestment #GreenTechnology #RenewableEnergy #AutomotiveIndustry #RevenueGrowth https://thekredible.com/blogs/tirex-chargers-posted-67-hike-in-scale-in-fy23-losses-drop-70
    THEKREDIBLE.COM
    Tirex Chargers posted 67% hike in scale in FY23, losses drop 70%
    Tirex Charger saw its revenue hiking 67% to Rs 13.3 crore in FY23 as compared to its preceding fiscal year’s about Rs 8 crore.
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  • Traya Health Reaches 8X Scale Growth in FY23, Expenses Increase Mumbai-based Traya Health's revenue surged 8.8X to Rs 61.7 crore in FY23. Established in 2019, it offers personalized hair care products. Operational revenue rose to Rs 61 crore from Rs 6 crore. Major expenses included advertising (55%) and materials (15%). Losses increased to Rs 27.8 crore. Recently, it secured Rs 75 crore in Series A funding from Xponentia Capital. #thekredible #TrayaHealth #HairCare #HairLossSolutions #StartupIndia #RevenueGrowth #News #Startup #Data #Insight #XponentiaCapital #SeriesAFunding https://thekredible.com/blogs/traya-health-posted-8x-growth-in-scale-in-fy23-expenses-rise
    Traya Health Reaches 8X Scale Growth in FY23, Expenses Increase Mumbai-based Traya Health's revenue surged 8.8X to Rs 61.7 crore in FY23. Established in 2019, it offers personalized hair care products. Operational revenue rose to Rs 61 crore from Rs 6 crore. Major expenses included advertising (55%) and materials (15%). Losses increased to Rs 27.8 crore. Recently, it secured Rs 75 crore in Series A funding from Xponentia Capital. #thekredible #TrayaHealth #HairCare #HairLossSolutions #StartupIndia #RevenueGrowth #News #Startup #Data #Insight #XponentiaCapital #SeriesAFunding https://thekredible.com/blogs/traya-health-posted-8x-growth-in-scale-in-fy23-expenses-rise
    THEKREDIBLE.COM
    Traya Health posted 8X growth in scale in FY23, expenses rise
    Mumbai-based Traya Health posted an enormous surge in its revenue in FY23 to Rs 61.7 crore, an 8.8X growth from FY22.
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  • Uppercase’s revenue touches Rs 11 Cr in FY23 D2C firm uppercase recorded a whopping rise in its scale to reach a revenue of Rs 11.1 crore in FY23. Operations contributed over Rs 10 crore to the total revenue the same year. Previously, in FY22, the company has generated a revenue of over Rs 2 lakhs; the entirety of the sum came in from operations. Visit - https://thekredible.com/blogs/uppercases-revenue-touches-rs-11-cr-in-fy23-losses-widen #Uppercase #revenue #thekredible #Startupnews
    Uppercase’s revenue touches Rs 11 Cr in FY23 D2C firm uppercase recorded a whopping rise in its scale to reach a revenue of Rs 11.1 crore in FY23. Operations contributed over Rs 10 crore to the total revenue the same year. Previously, in FY22, the company has generated a revenue of over Rs 2 lakhs; the entirety of the sum came in from operations. Visit - https://thekredible.com/blogs/uppercases-revenue-touches-rs-11-cr-in-fy23-losses-widen #Uppercase #revenue #thekredible #Startupnews
    THEKREDIBLE.COM
    uppercase’s revenue touches Rs 11 Cr in FY23, losses widen
    Mumbai-based D2C firm uppercase recorded a whopping rise in its scale to reach a revenue of Rs 11.1 crore in FY23.
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  • SaaS based firm Increff recorded two fold rise in revenue in FY23 SaaS-based firm Increff recorded a two-fold rise to Rs 88.7 crore in the fiscal year ending March 2023. The same year its revenue from operations spiked 91% to Rs 85 crore as compared to the preceding fiscal’s Rs 44 crore. Visit - https://thekredible.com/blogs/saas-based-firm-increff-recorded-two-fold-rise-in-revenue-in-fy23 #Saas #Increff #revenue #Thekredible #Startup #Startupnews
    SaaS based firm Increff recorded two fold rise in revenue in FY23 SaaS-based firm Increff recorded a two-fold rise to Rs 88.7 crore in the fiscal year ending March 2023. The same year its revenue from operations spiked 91% to Rs 85 crore as compared to the preceding fiscal’s Rs 44 crore. Visit - https://thekredible.com/blogs/saas-based-firm-increff-recorded-two-fold-rise-in-revenue-in-fy23 #Saas #Increff #revenue #Thekredible #Startup #Startupnews
    THEKREDIBLE.COM
    SaaS based firm Increff recorded two fold rise in revenue in FY23
    Bengaluru headquartered SaaS-based firm Increff recorded a two-fold rise to Rs 88.7 crore in the fiscal year ending March 2023.
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  • SaaS based firm Videoverse’s revenue spike 3X in FY23, losses rise 12X SaaS based company Videoverse recorded a 3.7X spike in revenue to Rs 1.94 crore in FY23. Videverse has raised over Rs 800 crore through 3 funding rounds. Visit - https://thekredible.com/blogs/saas-based-firm-videoverses-revenue-spike-3x-in-fy23-losses-rise-12x #Videoverse #revenue #SaaS #Startupnews #TheKredible
    SaaS based firm Videoverse’s revenue spike 3X in FY23, losses rise 12X SaaS based company Videoverse recorded a 3.7X spike in revenue to Rs 1.94 crore in FY23. Videverse has raised over Rs 800 crore through 3 funding rounds. Visit - https://thekredible.com/blogs/saas-based-firm-videoverses-revenue-spike-3x-in-fy23-losses-rise-12x #Videoverse #revenue #SaaS #Startupnews #TheKredible
    THEKREDIBLE.COM
    SaaS based firm Videoverse’s revenue spike 3X in FY23
    Mumbai headquartered SaaS based company Videoverse recorded a 3.7X spike in revenue to Rs 1.94 crore in FY23.
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