MoneyView posts Rs 577 Cr revenue in FY23; profit spikes 27X Online credit platform MoneyView secured $75 million in its Series E round led by Apis Partners in December 2022. The mammoth funding helped the firm achieve 2.6X growth in its scale along with a staggering 27X jump in profit during the fiscal year ending March 2023. Visit - https://entrackr.com/2024/04/moneyview-posts-rs-577-cr-revenue-in-fy23-profit-spikes-27x/ #Entrackr #MoneyView #Revenue #startupnews #news

Portea’s revenue stays flat in FY23; losses grow 32% Home healthcare solution provider Portea has been struggling to scale which is evident from its stagnant growth in FY23. At the same time, the Accel-backed firm’s losses grew 32% during the fiscal year ending March 2023. Visit- https://entrackr.com/2024/04/porteas-revenue-stays-flat-in-fy23-losses-grow-32/ #ENtrackr #Portea #Revenue #startupnews #news

Compliance automation startup Sprinto raises $20 Mn led by Accel Sprinto, a compliance automation platform for SaaS companies, has secured $20 million in Series B funding round led by Accel along with participation from existing investors Elevation Capital and Blume Ventures. Visit - https://entrackr.com/2024/04/compliance-automation-startup-sprinto-raises-20-mn-led-by-accel/ #funding #indianstartups #startupsfunding #entrackr #Sprinto #saas

Funding and acquisitions in Indian startups this week [01-06 Apr] This week as many as 30 Indian startups raised $172.71 million in funding. These deals include eight growth-stage deals and 16 early-stage deals. Visit - https://entrackr.com/2024/04/funding-and-acquisitions-in-indian-startups-this-week-01-06-apr/ #Funding #IndianStartups #FundingReport #StartupsFundingReport #StartupsFunding #Entrackr

Myntra claims positive EBITDA in the last two quarters Myntra has announced that it turned operationally profitable in the last two quarters of the calendar year 2023. Myntra recorded 25% growth in scale to Rs 4,375 crore during FY23 as compared to Rs 3,501 crore in FY22. https://entrackr.com/2024/03/myntra-claims-positive-ebitda-in-the-last-two-quarters/ #Myntra #Flipkart #Entrackr #News

Nikhil Kamath-backed Gruhas invests in Shark Tank fame Bummer Shark Tank fame direct-to-consumer (D2C) innerwear brand Bummer has raised Rs 9.25 crore led by Gruhas Consumer Fund along with the participation of Fluid Ventures Fund. Visit - https://entrackr.com/2024/03/exclusive-nikhil-kamath-backed-gruhas-invests-in-shark-tank-fame-bummer/ #SharkTank #Bummer #investment #startupnews #entrackr

Monthly Funding Report https://entrackr.com/2024/03/indian-startups-raise-900-mn-in-february-report/

Funding and acquisitions in Indian startups this week [19-24 Feb] This week as many as 26 Indian startups raised funding amounting to nearly $129.5 million. These deals count five growth-stage deals and 19 early-stage deals. #Funding #acquisitions #Indianstartups #Entrackr https://entrackr.com/2024/02/funding-and-acquisitions-in-indian-startups-this-week-19-24-feb/

Bengaluru gears up for Unicorn Premier League 2024 Starting February 16, top unicorn startups are going to battle it out on the cricket field in Bengaluru with Entrackr’s Unicorn Premier League 2024. The 10-day long event with 34 matches between 12 teams will see the first set of games played between Flipkart, Zerodha, boAt and Pine Labs. Other teams throughout the league include Razorpay, Apna, Meesho and Groww. #UPL #UnicornPremierLeague #startups #Entrackr #Flipkart #Zerodha #boAt #PineLabs #Razorpay #Apna #Meesho #Groww https://entrackr.com/2024/02/bengaluru-gears-up-for-unicorn-premier-league-2024/

Cashfree posts Rs 614 Cr revenue in FY23; losses widen Cashfree, backed by State Bank of India, reported a 75.43% growth in operating scale in FY23, with revenue reaching Rs 614 crore. However, losses surged to Rs 133 crore from Rs 3 crore in FY22 due to a substantial increase in employee benefits and payment processing costs. The company's primary revenue source is commissions from merchants, rising 75% to Rs 613.29 crore. With expenses doubling, including a 2.1X increase in payment processing charges, Cashfree faced losses attributed to investments in R&D and market share growth. #Entrackr #Fintrackr #News #Cashfree #Startups #StartupNews #IndianStartups https://entrackr.com/2024/01/cashfree-posts-rs-614-cr-revenue-in-fy23-losses-widen/