Simplify Your PMFME Loan Application

Access hassle-free PMFME loan assistance with Registrationwala. Our experts guide you through eligibility, documentation, and application processes, ensuring quick approval. Empower your micro food enterprise with financial support tailored to your needs. Get started today and take your business to new heights!

https://www.registrationwala.com/knowledge-base/news-other-businesses/blog/pmfme-scheme

#PMFMELoan #LoanAssistance #MicroFoodEnterprise #PMFME #BusinessGrowth #FinancialSupport #LoanApproval #SmallBusinessSupport #FoodProcessingLoan #Entrepreneurship #GrowYourBusiness #StartupFunding #LoanGuidance #EasyLoans #Registrationwala
Simplify Your PMFME Loan Application Access hassle-free PMFME loan assistance with Registrationwala. Our experts guide you through eligibility, documentation, and application processes, ensuring quick approval. Empower your micro food enterprise with financial support tailored to your needs. Get started today and take your business to new heights! https://www.registrationwala.com/knowledge-base/news-other-businesses/blog/pmfme-scheme #PMFMELoan #LoanAssistance #MicroFoodEnterprise #PMFME #BusinessGrowth #FinancialSupport #LoanApproval #SmallBusinessSupport #FoodProcessingLoan #Entrepreneurship #GrowYourBusiness #StartupFunding #LoanGuidance #EasyLoans #Registrationwala

Homexchange posts 22% revenue growth in FY24, trims losses

Mumbai-based proptech firm Homexchange saw a 22% revenue growth in FY24, reaching Rs 2.65 crore from Rs 2.17 crore in FY23. Established in 2020 by Jesal Sanghvi and Shirish Godbole, Homexchange enables homeowners to upgrade properties by exchanging their current homes for new builds from partnered developers. Supported by a Rs 31.95 crore funding round led by Oberoi Realty in 2022, Homexchange is valued at Rs 40 crore, with Oberoi holding over 30% equity. Despite reducing expenses from over Rs 9 crore to Rs 8.47 crore, the company’s losses fell to Rs 5.81 crore in FY24. The EBITDA margin and ROCE remain in negative territory, but efficiency improvements have slightly narrowed the loss gap.

#Homexchange #ProptechIndia #MumbaiRealEstate #PropertyExchange #TheKredible #RealEstateGrowth #StartupFunding #StartupIndia #IndianStartups #RealEstateStartup #News

https://thekredible.com/blogs/homexchange-posts-22-revenue-growth-in-fy24-trims-losses
Homexchange posts 22% revenue growth in FY24, trims losses Mumbai-based proptech firm Homexchange saw a 22% revenue growth in FY24, reaching Rs 2.65 crore from Rs 2.17 crore in FY23. Established in 2020 by Jesal Sanghvi and Shirish Godbole, Homexchange enables homeowners to upgrade properties by exchanging their current homes for new builds from partnered developers. Supported by a Rs 31.95 crore funding round led by Oberoi Realty in 2022, Homexchange is valued at Rs 40 crore, with Oberoi holding over 30% equity. Despite reducing expenses from over Rs 9 crore to Rs 8.47 crore, the company’s losses fell to Rs 5.81 crore in FY24. The EBITDA margin and ROCE remain in negative territory, but efficiency improvements have slightly narrowed the loss gap. #Homexchange #ProptechIndia #MumbaiRealEstate #PropertyExchange #TheKredible #RealEstateGrowth #StartupFunding #StartupIndia #IndianStartups #RealEstateStartup #News https://thekredible.com/blogs/homexchange-posts-22-revenue-growth-in-fy24-trims-losses

IppoPay experiences 94% revenue decline in FY24, swings to losses

Chennai-based fintech startup IppoPay experienced a drastic 94% revenue decline, dropping from Rs 329.77 crore in FY23 to Rs 18.12 crore in FY24. Founded in 2022 by Mohan Karuppaiah and Jai Kumar, IppoPay functions as a payment aggregator, offering solutions such as QR codes, sound boxes, and lending options. The company has raised Rs 17.33 crore in funding over three rounds, with its latest seed funding in August 2024. Despite a valuation exceeding Rs 90 crore, IppoPay reported losses of Rs 52.40 crore in FY24, down from profits over Rs 100 crore in FY23. Key expenses included employee benefits, advertising, and professional fees, contributing to negative EBITDA and ROCE margins.

#IppoPay #Fintech #PaymentAggregator #StartupNews #FundingRound #ChennaiStartups #StartupFunding #Entrepreneurship #TechNews #FintechStartups #BusinessInsights #StartupChallenges #TheKredible #News

https://thekredible.com/blogs/ippopay-experiences-94-revenue-decline-in-fy24-swings-to-losses
IppoPay experiences 94% revenue decline in FY24, swings to losses Chennai-based fintech startup IppoPay experienced a drastic 94% revenue decline, dropping from Rs 329.77 crore in FY23 to Rs 18.12 crore in FY24. Founded in 2022 by Mohan Karuppaiah and Jai Kumar, IppoPay functions as a payment aggregator, offering solutions such as QR codes, sound boxes, and lending options. The company has raised Rs 17.33 crore in funding over three rounds, with its latest seed funding in August 2024. Despite a valuation exceeding Rs 90 crore, IppoPay reported losses of Rs 52.40 crore in FY24, down from profits over Rs 100 crore in FY23. Key expenses included employee benefits, advertising, and professional fees, contributing to negative EBITDA and ROCE margins. #IppoPay #Fintech #PaymentAggregator #StartupNews #FundingRound #ChennaiStartups #StartupFunding #Entrepreneurship #TechNews #FintechStartups #BusinessInsights #StartupChallenges #TheKredible #News https://thekredible.com/blogs/ippopay-experiences-94-revenue-decline-in-fy24-swings-to-losses

Funding and acquisitions in Indian startup this week [16 – 21 Sep]

In the past week, Indian startups raised approximately $628.24 million, with 14 growth-stage and 17 early-stage deals. Notable growth-stage fundings included Physics Wallah ($210 million) and Whatfix ($100 million). Early-stage startups, led by Kaleidofin, secured $61.8 million. Bengaluru dominated city-wise deals, while e-commerce, SaaS, and fintech sectors led in segment-wise funding. Overall, funding increased by 175% compared to the previous week. Three funds were launched: Z21 Ventures, Capital A, and Shivalik Investment Fund. Noteworthy developments included Byju’s layoffs, MobiKwik partnering with Meta, and PhonePe capturing over 50% of the UPI market. Meanwhile, Elara Capital predicts a lower valuation for Swiggy compared to Zomato, amid ongoing challenges for BYJU’S.

#Entrackr #Fintrackr #News #Startup #StartupNews #IndianStartup #StartupFunding #VentureCapital #Edtech #Fintech #StartupEcosystem #FundingRounds #MergersAndAcquisitions #TechInvestments #Entrepreneurship #StartupTrends #BusinessGrowth #StartupsIndia #FundingSuccess

https://entrackr.com/2024/09/funding-and-acquisitions-in-indian-startup-this-week-16-21-sep/
Funding and acquisitions in Indian startup this week [16 – 21 Sep] In the past week, Indian startups raised approximately $628.24 million, with 14 growth-stage and 17 early-stage deals. Notable growth-stage fundings included Physics Wallah ($210 million) and Whatfix ($100 million). Early-stage startups, led by Kaleidofin, secured $61.8 million. Bengaluru dominated city-wise deals, while e-commerce, SaaS, and fintech sectors led in segment-wise funding. Overall, funding increased by 175% compared to the previous week. Three funds were launched: Z21 Ventures, Capital A, and Shivalik Investment Fund. Noteworthy developments included Byju’s layoffs, MobiKwik partnering with Meta, and PhonePe capturing over 50% of the UPI market. Meanwhile, Elara Capital predicts a lower valuation for Swiggy compared to Zomato, amid ongoing challenges for BYJU’S. #Entrackr #Fintrackr #News #Startup #StartupNews #IndianStartup #StartupFunding #VentureCapital #Edtech #Fintech #StartupEcosystem #FundingRounds #MergersAndAcquisitions #TechInvestments #Entrepreneurship #StartupTrends #BusinessGrowth #StartupsIndia #FundingSuccess https://entrackr.com/2024/09/funding-and-acquisitions-in-indian-startup-this-week-16-21-sep/

Moneyview raising $30 Mn debt via private placement

Moneyview, a Bengaluru-based lending platform, is set to raise Rs 250 crore ($30 million) through debt via private placements, marking its first significant debt round in three years. The funds will be allocated for growth, working capital, and general corporate purposes. The company is also nearing unicorn status, with plans to raise $50-60 million from new and existing investors, including Apis Partners, Accel Partners, and Evolvence India. To date, Moneyview has raised around $190 million and was valued at $900 million in its last equity round. The firm, which offers various financial services and products, reported a revenue increase to Rs 577 crore and a profit surge to Rs 163 crore for FY23.

#Entrackr #Moneyview #DebtFunding #StartupFunding #Fintech #BengaluruStartups #PersonalLoans #FinancialGrowth #StartupNews #IndianStartup #Fintrackr #Startup

https://entrackr.com/2024/09/exclusive-moneyview-raising-30-mn-debt-via-private-placement/
Moneyview raising $30 Mn debt via private placement Moneyview, a Bengaluru-based lending platform, is set to raise Rs 250 crore ($30 million) through debt via private placements, marking its first significant debt round in three years. The funds will be allocated for growth, working capital, and general corporate purposes. The company is also nearing unicorn status, with plans to raise $50-60 million from new and existing investors, including Apis Partners, Accel Partners, and Evolvence India. To date, Moneyview has raised around $190 million and was valued at $900 million in its last equity round. The firm, which offers various financial services and products, reported a revenue increase to Rs 577 crore and a profit surge to Rs 163 crore for FY23. #Entrackr #Moneyview #DebtFunding #StartupFunding #Fintech #BengaluruStartups #PersonalLoans #FinancialGrowth #StartupNews #IndianStartup #Fintrackr #Startup https://entrackr.com/2024/09/exclusive-moneyview-raising-30-mn-debt-via-private-placement/

Decoding Rapido’s $120 Mn unicorn round

Rapido, a mobility startup, has achieved unicorn status after raising $120 million in a Series E funding round led by WestBridge Capital. The funding, disclosed through regulatory filings, involved issuing equity and convertible preferred shares to raise Rs 1,002 crore ($120 million). Rapido plans to use the funds for expansion and growth. The startup is now valued at around Rs 8,517 crore ($1.02 billion) and has become the second-largest ride-hailing platform in India, surpassing Ola. In FY23, Rapido's operating revenue tripled to Rs 443 crore, although losses also increased by 54% to Rs 675 crore. WestBridge Capital remains the largest external stakeholder with a 32.88% share.

#Entrackr #Startup #StartupNews #IndianStartup #Rapido #StartupFunding #UnicornStartup #StartupGrowth #StartupIndia #RapidoGrowth #StartupEcosystem #Entrepreneurship #FundingUpdate

https://entrackr.com/2024/08/decoding-rapidos-120-mn-unicorn-round/
Decoding Rapido’s $120 Mn unicorn round Rapido, a mobility startup, has achieved unicorn status after raising $120 million in a Series E funding round led by WestBridge Capital. The funding, disclosed through regulatory filings, involved issuing equity and convertible preferred shares to raise Rs 1,002 crore ($120 million). Rapido plans to use the funds for expansion and growth. The startup is now valued at around Rs 8,517 crore ($1.02 billion) and has become the second-largest ride-hailing platform in India, surpassing Ola. In FY23, Rapido's operating revenue tripled to Rs 443 crore, although losses also increased by 54% to Rs 675 crore. WestBridge Capital remains the largest external stakeholder with a 32.88% share. #Entrackr #Startup #StartupNews #IndianStartup #Rapido #StartupFunding #UnicornStartup #StartupGrowth #StartupIndia #RapidoGrowth #StartupEcosystem #Entrepreneurship #FundingUpdate https://entrackr.com/2024/08/decoding-rapidos-120-mn-unicorn-round/

Decoding Rapido’s $120 Mn unicorn round

Rapido, a mobility startup, has achieved unicorn status after raising $120 million in a Series E funding round led by WestBridge Capital. The funding, disclosed through regulatory filings, involved issuing equity and convertible preferred shares to raise Rs 1,002 crore ($120 million). Rapido plans to use the funds for expansion and growth. The startup is now valued at around Rs 8,517 crore ($1.02 billion) and has become the second-largest ride-hailing platform in India, surpassing Ola. In FY23, Rapido's operating revenue tripled to Rs 443 crore, although losses also increased by 54% to Rs 675 crore. WestBridge Capital remains the largest external stakeholder with a 32.88% share.

#Entrackr #Startup #StartupNews #IndianStartup #Rapido #StartupFunding #UnicornStartup #StartupGrowth #StartupIndia #RapidoGrowth #StartupEcosystem #Entrepreneurship #FundingUpdate

https://entrackr.com/2024/08/decoding-rapidos-120-mn-unicorn-round/
Decoding Rapido’s $120 Mn unicorn round Rapido, a mobility startup, has achieved unicorn status after raising $120 million in a Series E funding round led by WestBridge Capital. The funding, disclosed through regulatory filings, involved issuing equity and convertible preferred shares to raise Rs 1,002 crore ($120 million). Rapido plans to use the funds for expansion and growth. The startup is now valued at around Rs 8,517 crore ($1.02 billion) and has become the second-largest ride-hailing platform in India, surpassing Ola. In FY23, Rapido's operating revenue tripled to Rs 443 crore, although losses also increased by 54% to Rs 675 crore. WestBridge Capital remains the largest external stakeholder with a 32.88% share. #Entrackr #Startup #StartupNews #IndianStartup #Rapido #StartupFunding #UnicornStartup #StartupGrowth #StartupIndia #RapidoGrowth #StartupEcosystem #Entrepreneurship #FundingUpdate https://entrackr.com/2024/08/decoding-rapidos-120-mn-unicorn-round/

Moneyview set to turn unicorn in Series F round

Bengaluru-based Moneyview is nearing unicorn status as it finalizes a new funding round of $50-60 million from new and existing investors, including Apis Partners and Accel. This Series F round will push the company's valuation over $1 billion. Moneyview, which offers personal and home loans, credit cards, and loans against property, has raised nearly $190 million to date. The company's revenue grew 2.6x to Rs 577 crore in FY23, with profits surging 27x. Moneyview is also set to acquire a mid-stage fintech company.

#Moneyview #Entrackr #Fintrackr #News #StartupNews #IndianStartup #UnicornStartup #Fintech #InvestmentNews #FundingRound #StartupGrowth #StartupFunding UnicornJourney #InvestorNews

https://entrackr.com/2024/07/exclusive-moneyview-set-to-turn-unicorn-in-series-f-round/
Moneyview set to turn unicorn in Series F round Bengaluru-based Moneyview is nearing unicorn status as it finalizes a new funding round of $50-60 million from new and existing investors, including Apis Partners and Accel. This Series F round will push the company's valuation over $1 billion. Moneyview, which offers personal and home loans, credit cards, and loans against property, has raised nearly $190 million to date. The company's revenue grew 2.6x to Rs 577 crore in FY23, with profits surging 27x. Moneyview is also set to acquire a mid-stage fintech company. #Moneyview #Entrackr #Fintrackr #News #StartupNews #IndianStartup #UnicornStartup #Fintech #InvestmentNews #FundingRound #StartupGrowth #StartupFunding UnicornJourney #InvestorNews https://entrackr.com/2024/07/exclusive-moneyview-set-to-turn-unicorn-in-series-f-round/

Funding and acquisitions in Indian startup this week [01 – 06 July]

This week, 24 Indian startups raised $270.3 million, with 4 growth-stage deals totaling $234.2 million and 20 early-stage deals at $36.13 million. Leading growth-stage deals included Purplle’s $120 million and OYO’s $50 million rounds. In early-stage, Comet and Watch Your Health were notable. City-wise, Bengaluru led with seven deals. Seed funding topped the series with six deals. Japanese automaker Suzuki launched a Rs 340 crore social impact fund. Significant hires, acquisitions, and closures, including Unacademy layoffs and Koo’s shutdown, marked the week.

#Entrackr #IndianStartups #StartupFunding #TechStartups #WeeklyFunding #Funding #Acquisitions #WeeklyFundingReport #FundingReport #Report

https://entrackr.com/2024/07/funding-and-acquisitions-in-indian-startup-this-week-01-06-july/
Funding and acquisitions in Indian startup this week [01 – 06 July] This week, 24 Indian startups raised $270.3 million, with 4 growth-stage deals totaling $234.2 million and 20 early-stage deals at $36.13 million. Leading growth-stage deals included Purplle’s $120 million and OYO’s $50 million rounds. In early-stage, Comet and Watch Your Health were notable. City-wise, Bengaluru led with seven deals. Seed funding topped the series with six deals. Japanese automaker Suzuki launched a Rs 340 crore social impact fund. Significant hires, acquisitions, and closures, including Unacademy layoffs and Koo’s shutdown, marked the week. #Entrackr #IndianStartups #StartupFunding #TechStartups #WeeklyFunding #Funding #Acquisitions #WeeklyFundingReport #FundingReport #Report https://entrackr.com/2024/07/funding-and-acquisitions-in-indian-startup-this-week-01-06-july/

Funding and acquisitions in Indian startup this week [01 – 06 July]

This week, 24 Indian startups raised $270.3 million, with 4 growth-stage deals totaling $234.2 million and 20 early-stage deals at $36.13 million. Leading growth-stage deals included Purplle’s $120 million and OYO’s $50 million rounds. In early-stage, Comet and Watch Your Health were notable. City-wise, Bengaluru led with seven deals. Seed funding topped the series with six deals. Japanese automaker Suzuki launched a Rs 340 crore social impact fund. Significant hires, acquisitions, and closures, including Unacademy layoffs and Koo’s shutdown, marked the week.

#Entrackr #IndianStartups #StartupFunding #TechStartups #WeeklyFunding #Funding #Acquisitions #WeeklyFundingReport #FundingReport #Report

https://entrackr.com/2024/07/funding-and-acquisitions-in-indian-startup-this-week-01-06-july/
Funding and acquisitions in Indian startup this week [01 – 06 July] This week, 24 Indian startups raised $270.3 million, with 4 growth-stage deals totaling $234.2 million and 20 early-stage deals at $36.13 million. Leading growth-stage deals included Purplle’s $120 million and OYO’s $50 million rounds. In early-stage, Comet and Watch Your Health were notable. City-wise, Bengaluru led with seven deals. Seed funding topped the series with six deals. Japanese automaker Suzuki launched a Rs 340 crore social impact fund. Significant hires, acquisitions, and closures, including Unacademy layoffs and Koo’s shutdown, marked the week. #Entrackr #IndianStartups #StartupFunding #TechStartups #WeeklyFunding #Funding #Acquisitions #WeeklyFundingReport #FundingReport #Report https://entrackr.com/2024/07/funding-and-acquisitions-in-indian-startup-this-week-01-06-july/