Lenskart reports Rs 5,427 Cr revenue and Rs 10 Cr loss in FY24
Nov 6, 2024 · Delhi-based Lenskart also earned Rs 182.17 crore from non-operating activities which took its total collection to Rs 5,609.87 crore in the last fiscal year.
Shadowfax posts Rs 1,885 Cr revenue in FY24, turns EBITDA …
Dec 3, 2024 · Shadowfax posts Rs 1,885 Cr revenue in FY24, turns EBITDA profitable Shadowfax reduced its losses by 90%. Simultaneously, the company recorded over 33% year-on-year growth in operating revenue, and turned EBITDA positive …
Go Digit reports flat growth in Q2 FY25, profit soars 3.2X
Oct 24, 2024 · Go Digit General Insurance Limited reported modest financial performance, with its operating revenue (net premium) increasing by 3.7% to Rs 1,891 crore in Q2 FY25 from Rs 1,824 crore in Q1 FY24.During the period, the firm’s gross premium witnessed an 11% dip.
Agritech Greenikk shuts down, returns partial capital to investors
Sep 30, 2024 · Agritech startup Greenikk on Monday said that it is shutting down operations due to funding challenges and adverse market conditions. Greenikk had raised around $1 million in total capital from the likes of 100 unicorns (9unicorns), IIM A ventures, Mastermind Capital, Smart Sparks and other angels such as Mayank Tiwari of ReshaMandi.
Lenskart is EBITDA profitable with Rs 3,788 Cr revenue in FY23
Apr 25, 2024 · Lenskart has raised over $1.6 billion to date and was last valued at $4.5 billion in its last fundraise of $100 million in June last year. According to the startup data intelligence platform TheKredible, Softbank is the largest external stakeholder followed by Premji Invest and Kedaara Capital.As per Fintrackr’s estimates, its enterprise value to …
Speciality chemical startup Mstack raises $40 Mn led by …
Oct 4, 2024 · Speciality chemical startup Mstack raises $40 Mn led by Lightspeed and Alphawave Mstack has raised $40 million in its Series A funding round co-led by Lightspeed and Alphawave along with a debt from HSBC Innovation Banking.
Turtlemint insurance biz’s revenue surges 3.2X to Rs 505 Cr in FY24
Nov 4, 2024 · Insurtech company Turtlemint raised $120 million in its Series E round at the beginning of FY23. This substantial funding brought its insurance business closer to achieving unicorn status and contributed to its growth, more than tripling its scale during the last fiscal year. Moreover, Turtlemint maintained profitability throughout the same period.
Zoho posts Rs 2,800 Cr profit in FY23, revenue up by 30% - Entrackr
Feb 1, 2024 · Zoho is one of the few tech companies which has managed to crack the industry code of growing scale along with a healthy bottom line, and that too without any external capital – its operating revenue spiked nearly 30% in FY23 whereas profits crossed Rs 2,800 crore.
With 500% growth, Pocket FM joins Rs 1,000 Cr revenue club in FY24
Nov 27, 2024 · With 500% growth, Pocket FM joins Rs 1,000 Cr revenue club in FY24 “As we near profitability, our focus on innovation and operational efficiency sets new benchmarks in the entertainment industry,” said Anurag Sharma, CFO of Pocket FM.
Water-tech startup Althion raises pre-Series A round
Nov 28, 2024 · Water-tech company Althion has raised Rs 3.6 crore in a pre-Series A funding round from IAN Group-powered BioAngels, along with participation from prominent investors Arun Seth, Om Manchanda, KNK Venkatraman, and Shubham Rastogi.