Latest Startup l Technology News | Entrackr
3 days ago · Entrackr is an independent voice on Indian Internet economy. We offer latest technology news as well as business news. Apart from news, we provide actionable insight to entrepreneurs across sectors including e-commerce, content, fintech among others.
Exclusive: Pravega and IIFL invest in GrayQuest’s Series B
September 20, 2024. Exclusive. Education loans-focused fintech startup GrayQuest is set to raise Rs 53 crore ($6 million) in a Series B round co-led by Pravega Fund and IIFL Fintech Fund. The board of GrayQuest has passed a resolution to offer and issue 6,228 fully paid up and 1,530 partly paid up Series B preference shares at an issue price of ...
boAt posts Rs 2,873 Cr revenue in FY22, profit dips 20% - Entrackr
Jan 19, 2023 · The company registered over 2X growth in its scale for two consecutive fiscal years: FY21 and FY22. But the firm’s profit dipped 20% in FY22 as cost of procurement outpaced its revenue growth. boAt’s revenue from operations shot up 2.2X to Rs 2,873 crore during the fiscal year ending March 2022 as opposed to Rs 1,314 crore in FY21 ...
Unacademy valuation spikes over 70% to $3.44 Bn as it raises
Aug 2, 2021 · Unacademy has raised the fresh round at a post-money valuation of $3.44 billion, said the company in a press release. This is a more than 70% jump in the company’s valuation since its last round when it was valued at $2 billion in November 2020. Gaurav Munjal, co-founder and CEO of Unacademy said that the proceeds will be utilised to scale ...
FINTRACKR | Entrackr
Fintrackr enables you to access the financial performance of startup poster boys, unicorns, and category leaders at one place. Besides, it also gives you funding rounds, ESOP allocation, and the changing track of companies
Lenskart’s FY21 revenue growth stalls, profit soars 4.6X - Entrackr
Feb 17, 2022 · Even with flat revenue during FY21, the company has managed to increase annual profits by nearly 4.6X to Rs 28.92 crore in the fiscal year as compared to Rs 6.32 crore booked during FY20. This is due to the 83.5% growth in the non-operating income generated by the company during the last fiscal. While Indian operations remained profitable ...
Reports - Entrackr
Entrackr reports assist you to interpret the trends in Indian tech startup ecosystem. Be it fundings or investments, industry deep down, ESOPs trends, Entrackr reports are the most trustworthy source of information. Funding and acquisitions in Indian startups this week [01 Aug-06 Aug]
The rise and fall of edtech startups in 2022: Entrackr report
Aug 18, 2022 · The sudden decline in edtech funding is part of the overall trend in the industry: total money inflow in Indian startups slipped from $12 billion during the first quarter (Q1) of 2022 to $7.86 billion in the second quarter (Q2). Also, July saw less than $1 billion in total funding which is the lowest in the past 15 months.
WinZO’s revenue crosses Rs 100 Cr in FY21, improves unit
May 13, 2022 · It booked a 2.8X jump in total expenditure to Rs 156.5 crore in FY21 from Rs 54.06 crore spent in FY20. With a sharp increase in revenues, the losses of the startup also surged 1.9X to Rs 51.36 crore in FY21 from Rs 26.7 crore reported in FY20. On a unit level, the firm spent Rs 1.51 to earn a single rupee of operating revenue, improving the ...
PayU-backed Vayana Network raises $20 Mn in Series D - Entrackr
Jul 30, 2024 · PayU-backed Vayana Network raises $20 Mn in Series D. Trade financing startup Vayana Network has raised Rs 170.8 crore (approximately $20.5 million) in its Series D round. This is the first round of investment for the Pune-based company in 2024. The board at Vayana Network has passed a special resolution to issue 14,62,341 series D CCPS at an ...
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