Uber India's Losses Decline 35% in Fiscal Year 2022 Uber India's ride-hailing business saw decent growth in FY22, with its collection from the vertical reaching Rs 388 crore. However, the company's revenue for providing support services to group companies decreased by 87.7% to Rs 8.72 crore during the same period. #Uber #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding https://entrackrnews000.blogspot.com/2022/12/uber-indias-losses-decline-35-percent-in-2022.html

Dailyhunt's Parent Company Has Reported a Loss of Rs 2,500 Cr and a Revenue of Rs 965 Cr for the FY22 Dailyhunt and short video entertainment app Josh, continues to lose money, with its losses more than tripling to Rs 2,500 cr but also reported a Revenue of Rs 965 Cr in FY22. #Dailyhunt #Josh #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding https://entrackrnews000.blogspot.com/2022/11/dailyhunts-parent-company-has-reported-loss-of-rs-2500cr-and-revenue-of-rs-965cr.html

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. #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding https://entrackrnews000.blogspot.com/2022/11/paytm-mall-records-rs282-cr-revenue-and-rs142-cr-loss.html

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/

Wakefit posts Rs 637 Cr revenue in FY22, losses spike 2.8X Mattress, pillow, and furniture brand Wakefit has grown at a rapid clip since its inception in 2016. Its growth story could also be validated from its scale in the past four fiscal years which grew over 8X to Rs 633 crore in FY22 from Rs 73 crore in FY19. #Wakefit #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackr.com/2022/10/wakefit-posts-rs-636-cr-revenue-in-fy22-losses-spike-2-8x/

CCI Fines MakeMyTrip and OYO for Anti-Competitive Conduct The Competition Commission of India (CCI) has fined MakeMyTrip and Oyo for anti-competitive conduct in hotel room listings. The CCI has fined both companies 5% of their annual turnover for a period of 3 years. #OYO #MakeMyTrip #CCI #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding https://entrackrnews000.blogspot.com/2022/10/cci-fines-makemytrip-and-oyo.html

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://entrackrnews000.blogspot.com/2022/10/leadsquareds-revenue-hits-rs-200-cr.html

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://entrackrnews000.blogspot.com/2022/09/wow-momo-raises-16-million-in-series-d.html

Mahindra Electric’s Op-Revenue Nears Rs 450 Cr in FY22, Losses Shrink 34% Mahindra Electric's revenues have grown rapidly in recent years on the back of the booming sales of electric vehicles in India. The company's revenues stood at Rs 450 cr in 2021, up from Rs. 204.41 crore in the previous financial year. #Mahindra #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackrnews000.blogspot.com/2022/08/mahindra-electrics-op-revenue-nears-450-cr.html

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://entrackrnews000.blogspot.com/2022/08/tiger-global-leads-15-mn-round-in-jodo.html