• 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
    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
    ENTRACKR.COM
    Exclusive: Nikhil Kamath-backed Gruhas invests in Shark Tank fame Bummer
    Bummer has raised Rs 9.25 crore led by Gruhas Consumer Fund along with the participation of Fluid Ventures Fund.
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  • Monthly Funding Report https://entrackr.com/2024/03/indian-startups-raise-900-mn-in-february-report/
    Monthly Funding Report https://entrackr.com/2024/03/indian-startups-raise-900-mn-in-february-report/
    ENTRACKR.COM
    Indian startups raise $900 Mn in February: Report
    Indian startups mopped up nearly $900 million in funding across 121 deals in February, as per data compiled by TheKredible.
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  • 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/
    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/
    ENTRACKR.COM
    Funding and acquisitions in Indian startups this week [19-24 Feb]
    This week as many as 26 Indian startups raised funding worth $129.5 million. These deals count five growth-stage and 19 early-stage deals
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  • 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/
    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/
    ENTRACKR.COM
    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.
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  • 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/
    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/
    ENTRACKR.COM
    Cashfree posts Rs 614 Cr revenue in FY23; losses widen
    State Bank of India-backed online payments processor and aggregator Cashfree recorded 75.43% growth in its operating scale in FY23.
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  • Indian startups raised more than $11 Bn in 2023: Report In 2023, Indian startups faced a challenging funding environment, marked by a funding crunch, mass layoffs, and closures. Despite struggles, over 980 startups raised $11 billion in venture capital. Notable were 181 growth stage deals totaling $8.8 billion and 656 early stage startups raising $2.5 billion. Two new unicorns, Zepto and InCred, emerged. Funding declined sharply from $38 billion in 2021 to $11 billion in 2023. Layoffs exceeded 24,000, and 15 startups, including ZestMoney and Quizy, shut down. Bengaluru dominated with 433 startups raising $6.2 billion. Edtech, fintech, and gaming faced challenges, while 11 startups, including Paytm and Nykaa, went public in 2023. Secondary deals, ESOP buybacks, and IPO plans were notable trends. #Entrackr #Fintrackr #IndianStartups #Startups #News #Funding #AnnualReport #YearlyFundingReport #FundingReport #Report #StartupNews https://entrackr.com/2023/12/indian-startups-raised-funding-more-than-11-bn-in-2023-report/
    Indian startups raised more than $11 Bn in 2023: Report In 2023, Indian startups faced a challenging funding environment, marked by a funding crunch, mass layoffs, and closures. Despite struggles, over 980 startups raised $11 billion in venture capital. Notable were 181 growth stage deals totaling $8.8 billion and 656 early stage startups raising $2.5 billion. Two new unicorns, Zepto and InCred, emerged. Funding declined sharply from $38 billion in 2021 to $11 billion in 2023. Layoffs exceeded 24,000, and 15 startups, including ZestMoney and Quizy, shut down. Bengaluru dominated with 433 startups raising $6.2 billion. Edtech, fintech, and gaming faced challenges, while 11 startups, including Paytm and Nykaa, went public in 2023. Secondary deals, ESOP buybacks, and IPO plans were notable trends. #Entrackr #Fintrackr #IndianStartups #Startups #News #Funding #AnnualReport #YearlyFundingReport #FundingReport #Report #StartupNews https://entrackr.com/2023/12/indian-startups-raised-funding-more-than-11-bn-in-2023-report/
    ENTRACKR.COM
    Indian startups raised more than $11 Bn in 2023: Report
    According to startup data intelligence platform TheKredible, nearly 984 startups raised venture funding worth more than $11 billion in 2023.
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  • BluSmart raises $24 Mn from existing investors, founders and leadership team BluSmart Mobility, an EV ride-hailing service and charging infrastructure operator, raised $24 million in an equity round with over-subscription from existing investors, founders, and leadership. The company, challenging Ola and Uber, operates over 4,000 EV chargers across 34 hubs in Delhi-NCR and Bengaluru. With plans to scale its fleet to 8,000 EVs, BluSmart reported crossing $50 million in annual revenue run-rate, growing over 100% YoY, despite losses increasing to Rs 65.4 crore in FY22 as per TheKredible. #Entrackr #Fintrackr #BluSmart #Startups #StartupNews #News #thekredible #IndianStartups https://entrackr.com/2023/12/blusmart-raises-24-mn-from-existing-investors-founders-and-leadership-team/
    BluSmart raises $24 Mn from existing investors, founders and leadership team BluSmart Mobility, an EV ride-hailing service and charging infrastructure operator, raised $24 million in an equity round with over-subscription from existing investors, founders, and leadership. The company, challenging Ola and Uber, operates over 4,000 EV chargers across 34 hubs in Delhi-NCR and Bengaluru. With plans to scale its fleet to 8,000 EVs, BluSmart reported crossing $50 million in annual revenue run-rate, growing over 100% YoY, despite losses increasing to Rs 65.4 crore in FY22 as per TheKredible. #Entrackr #Fintrackr #BluSmart #Startups #StartupNews #News #thekredible #IndianStartups https://entrackr.com/2023/12/blusmart-raises-24-mn-from-existing-investors-founders-and-leadership-team/
    ENTRACKR.COM
    BluSmart raises $24 Mn from existing investors, founders and leadership team
    BluSmart Mobility, an EV ride-hailing service and EV charging superhub infrastructure operator, has raised $24 million in a new equity round.
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  • BookMyShow posts Rs 1,026 Cr income and Rs 85 Cr profit in FY23 BookMyShow is an outlier and its comeback after the pandemic sets the company apart from other late-stage firms. During the pandemic (FY21), the firm’s revenue nose-dived to Rs 74 crore as multiplexes and other offline entertainment shows were restricted but it bounced back with a staggering 13X growth in the last two fiscal years (FY22 & FY23) and also posted a hefty profit in the fiscal year ending March 2023. BookMyShow’s revenue from operations surged 3.5X to Rs 976 crore in FY23 from Rs 277 crore in FY22, its consolidated financial statements sourced from the Registrar of Companies show. #Entrackr #Fintrackr #Bookmyshow #Startups #StartupNews #News #IndianStartups https://entrackr.com/2023/12/bookmyshow-posts-rs-1026-cr-income-and-rs-85-cr-profit-in-fy23/
    BookMyShow posts Rs 1,026 Cr income and Rs 85 Cr profit in FY23 BookMyShow is an outlier and its comeback after the pandemic sets the company apart from other late-stage firms. During the pandemic (FY21), the firm’s revenue nose-dived to Rs 74 crore as multiplexes and other offline entertainment shows were restricted but it bounced back with a staggering 13X growth in the last two fiscal years (FY22 & FY23) and also posted a hefty profit in the fiscal year ending March 2023. BookMyShow’s revenue from operations surged 3.5X to Rs 976 crore in FY23 from Rs 277 crore in FY22, its consolidated financial statements sourced from the Registrar of Companies show. #Entrackr #Fintrackr #Bookmyshow #Startups #StartupNews #News #IndianStartups https://entrackr.com/2023/12/bookmyshow-posts-rs-1026-cr-income-and-rs-85-cr-profit-in-fy23/
    ENTRACKR.COM
    BookMyShow posts Rs 1,026 Cr income and Rs 85 Cr profit in FY23
    BookMyShow’s revenue surged 3.5X to Rs 976 Cr in FY23 from Rs 277 Cr in FY22, its financial statements sourced from the ROC shows.
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  • Gameskraft reports Rs 1,062 Cr profit after tax in FY23 Gameskraft has been facing regulatory fire for some time over allegations of GST tax evasion amounting to Rs 21,000 crore, even as the company discontinued its fantasy platform Gamezy. Despite the odds, the six-year-old firm managed to grow its revenue with a steady increase in profits during the fiscal year ending March 2023. The Bengaluru-based gaming company’s revenue from operations grew 24.8% to Rs 2,662 crore in FY23 from Rs 2,133 crore in FY22, its consolidated financial statements sourced from the Registrar of Companies show. #Fintrackr #Gameskraft #Startups #StartupNews #IndianStartups #Entrackr #News https://entrackr.com/2023/12/gameskraft-reports-rs-1062-cr-profit-after-tax-in-fy23/
    Gameskraft reports Rs 1,062 Cr profit after tax in FY23 Gameskraft has been facing regulatory fire for some time over allegations of GST tax evasion amounting to Rs 21,000 crore, even as the company discontinued its fantasy platform Gamezy. Despite the odds, the six-year-old firm managed to grow its revenue with a steady increase in profits during the fiscal year ending March 2023. The Bengaluru-based gaming company’s revenue from operations grew 24.8% to Rs 2,662 crore in FY23 from Rs 2,133 crore in FY22, its consolidated financial statements sourced from the Registrar of Companies show. #Fintrackr #Gameskraft #Startups #StartupNews #IndianStartups #Entrackr #News https://entrackr.com/2023/12/gameskraft-reports-rs-1062-cr-profit-after-tax-in-fy23/
    ENTRACKR.COM
    Gameskraft reports Rs 1,062 Cr profit after tax in FY23
    Six-year-old firm Gamekraft managed to grow its revenue with a steady increase in profits during the fiscal year ending March 2023.
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  • The Ayurveda Experience crosses Rs 250 Cr revenue in FY23, eyes profitability The Ayurveda Experience (TAE), a D2C skincare and nutrition brand, continued its growth momentum in the fiscal year ending in March 2023. The firm registered an impressive 84% growth in its scale while the losses dipped nearly 30% in FY23. The Ayurveda Experience’s revenue from operations surged around 84% to Rs 259 crore in FY23 from Rs 141 crore in FY22, according to its consolidated financial statements filed with the Registrar of Companies- stated by Entrackr. #Entrackr #Ayurveda #Fintrackr #TAE #News #Startups #StartupNews #Skincare #Nutrition https://entrackr.com/2023/11/the-ayurveda-experience-crosses-rs-250-cr-revenue-in-fy23-eyes-profitability/
    The Ayurveda Experience crosses Rs 250 Cr revenue in FY23, eyes profitability The Ayurveda Experience (TAE), a D2C skincare and nutrition brand, continued its growth momentum in the fiscal year ending in March 2023. The firm registered an impressive 84% growth in its scale while the losses dipped nearly 30% in FY23. The Ayurveda Experience’s revenue from operations surged around 84% to Rs 259 crore in FY23 from Rs 141 crore in FY22, according to its consolidated financial statements filed with the Registrar of Companies- stated by Entrackr. #Entrackr #Ayurveda #Fintrackr #TAE #News #Startups #StartupNews #Skincare #Nutrition https://entrackr.com/2023/11/the-ayurveda-experience-crosses-rs-250-cr-revenue-in-fy23-eyes-profitability/
    ENTRACKR.COM
    The Ayurveda Experience crosses Rs 250 Cr revenue in FY23, eyes profitability
    The Ayurveda Experience’s revenue from operations surged around 84% to Rs 259 crore in FY23 from Rs 141 crore in FY22
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