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- Awign bags $24.5 Mn in series C, Mynavi now holds 73% stake
Awign has raised Rs 203.5 crore ($24.5 million) from Japan’s Mynavi Corporation, now holding a 73% stake. The funds were raised by issuing 11,485 Series C CCPS at Rs 1,77,206 each. Mynavi also bought back shares from existing investors, valuing Awign at Rs 828 crore ($100 million). Founded in 2016, Awign aids enterprises with outcome-based execution and has shown financial growth in FY23, doubling its revenue to Rs 134.35 crore. The HR tech funding space saw a decline to $90 million in 2023.
#Entrackr #News #Startup #IndianStartup #Awign #StartupFunding #InvestmentNews #Entrepreneurship #TechNews
https://entrackr.com/2024/07/exclusive-awign-raises-24-5-mn-mynavi-now-controls-73-stake/
Awign bags $24.5 Mn in series C, Mynavi now holds 73% stake Awign has raised Rs 203.5 crore ($24.5 million) from Japan’s Mynavi Corporation, now holding a 73% stake. The funds were raised by issuing 11,485 Series C CCPS at Rs 1,77,206 each. Mynavi also bought back shares from existing investors, valuing Awign at Rs 828 crore ($100 million). Founded in 2016, Awign aids enterprises with outcome-based execution and has shown financial growth in FY23, doubling its revenue to Rs 134.35 crore. The HR tech funding space saw a decline to $90 million in 2023. #Entrackr #News #Startup #IndianStartup #Awign #StartupFunding #InvestmentNews #Entrepreneurship #TechNews https://entrackr.com/2024/07/exclusive-awign-raises-24-5-mn-mynavi-now-controls-73-stake/ENTRACKR.COMExclusive: Awign bags $24.5 Mn in series C, Mynavi now holds 73% stakeAwign has raised Rs 203.5 crore or $24.5 million from Japan-based Mynavi Corporation which will now control 73% stake in the company.0 التعليقات 0 نشرالرجاء تسجيل الدخول , للأعجاب والمشاركة والتعليق على هذا! - Ola Electric raises Rs 100 Cr debt ahead of IPO
IPO-bound Ola Electric raised Rs 100 crore ($12 million) in debt from Alteria Capital, following a $50 million debt funding from EvolutionX. The company issued 10,000 non-convertible debentures with a 13.8% interest rate. Valued at $5.4 billion, Ola Electric filed for an IPO to raise Rs 5,500 crore ($660 million). The company reported a seven-fold revenue increase to Rs 2,631 crore in FY23, despite rising losses.
#Entrackr #News #StartupFunding #StartupNews #OlaElectric #IPOBound #FundingNews #DebtFunding #ElectricVehicles #EVMarket #IndiaStartups #InvestmentNews #EVGrowth
https://entrackr.com/2024/06/exclusive-ola-electric-raises-rs-100-cr-debt-ahead-of-ipo/
Ola Electric raises Rs 100 Cr debt ahead of IPO IPO-bound Ola Electric raised Rs 100 crore ($12 million) in debt from Alteria Capital, following a $50 million debt funding from EvolutionX. The company issued 10,000 non-convertible debentures with a 13.8% interest rate. Valued at $5.4 billion, Ola Electric filed for an IPO to raise Rs 5,500 crore ($660 million). The company reported a seven-fold revenue increase to Rs 2,631 crore in FY23, despite rising losses. #Entrackr #News #StartupFunding #StartupNews #OlaElectric #IPOBound #FundingNews #DebtFunding #ElectricVehicles #EVMarket #IndiaStartups #InvestmentNews #EVGrowth https://entrackr.com/2024/06/exclusive-ola-electric-raises-rs-100-cr-debt-ahead-of-ipo/ENTRACKR.COMExclusive: Ola Electric raises Rs 100 Cr debt ahead of IPOIPO-bound Ola Electric has raised Rs 100 crore (approximately $12 million) in debt from Alteria Capital.0 التعليقات 0 نشر - Ola Electric raises Rs 100 Cr debt ahead of IPO
IPO-bound Ola Electric raised Rs 100 crore ($12 million) in debt from Alteria Capital, following a $50 million debt funding from EvolutionX. The company issued 10,000 non-convertible debentures with a 13.8% interest rate. Valued at $5.4 billion, Ola Electric filed for an IPO to raise Rs 5,500 crore ($660 million). The company reported a seven-fold revenue increase to Rs 2,631 crore in FY23, despite rising losses.
#Entrackr #News #StartupFunding #StartupNews #OlaElectric #IPOBound #FundingNews #DebtFunding #ElectricVehicles #EVMarket #IndiaStartups #InvestmentNews #InvestmentNews #EVGrowth
https://entrackr.com/2024/06/exclusive-ola-electric-raises-rs-100-cr-debt-ahead-of-ipo/
Ola Electric raises Rs 100 Cr debt ahead of IPO IPO-bound Ola Electric raised Rs 100 crore ($12 million) in debt from Alteria Capital, following a $50 million debt funding from EvolutionX. The company issued 10,000 non-convertible debentures with a 13.8% interest rate. Valued at $5.4 billion, Ola Electric filed for an IPO to raise Rs 5,500 crore ($660 million). The company reported a seven-fold revenue increase to Rs 2,631 crore in FY23, despite rising losses. #Entrackr #News #StartupFunding #StartupNews #OlaElectric #IPOBound #FundingNews #DebtFunding #ElectricVehicles #EVMarket #IndiaStartups #InvestmentNews #InvestmentNews #EVGrowth https://entrackr.com/2024/06/exclusive-ola-electric-raises-rs-100-cr-debt-ahead-of-ipo/ENTRACKR.COMExclusive: Ola Electric raises Rs 100 Cr debt ahead of IPOIPO-bound Ola Electric has raised Rs 100 crore (approximately $12 million) in debt from Alteria Capital.0 التعليقات 0 نشر - Funding and acquisitions in Indian startup this week [27 May-01 Jun]
Indian startups raised $387.23 million, comprising 13 growth-stage deals totaling $309.7 million and 20 early-stage deals worth $77.53 million. Major deals include SEDEMAC, Infra.Market, and Ather Energy. Bengaluru led with 15 deals, followed by Delhi-NCR. E-commerce, fintech, and EV sectors dominated. Seed funding led with 8 deals. Funding decreased by 13% from the previous week. Notable hirings include InCred's COO appointment. Seven funds were launched, and notable acquisitions include BharatX acquiring Zenifi. ESOP buybacks and potential market moves were observed. Various financial results and news flashes were reported. Notable launches include Shopsy by Flipkart and Q-Zap by Razorpay.
#Entrackr #Fintrackr #Funding #Acquisitions #Startup #WeeklyRoundup #WeeklyReport #Report #WeeklyFundingReport #StartupNews
https://entrackr.com/2024/06/funding-and-acquisitions-in-indian-startup-this-week-27-may-01-jun/
Funding and acquisitions in Indian startup this week [27 May-01 Jun] Indian startups raised $387.23 million, comprising 13 growth-stage deals totaling $309.7 million and 20 early-stage deals worth $77.53 million. Major deals include SEDEMAC, Infra.Market, and Ather Energy. Bengaluru led with 15 deals, followed by Delhi-NCR. E-commerce, fintech, and EV sectors dominated. Seed funding led with 8 deals. Funding decreased by 13% from the previous week. Notable hirings include InCred's COO appointment. Seven funds were launched, and notable acquisitions include BharatX acquiring Zenifi. ESOP buybacks and potential market moves were observed. Various financial results and news flashes were reported. Notable launches include Shopsy by Flipkart and Q-Zap by Razorpay. #Entrackr #Fintrackr #Funding #Acquisitions #Startup #WeeklyRoundup #WeeklyReport #Report #WeeklyFundingReport #StartupNews https://entrackr.com/2024/06/funding-and-acquisitions-in-indian-startup-this-week-27-may-01-jun/ENTRACKR.COMFunding and acquisitions in Indian startup this week [27 May-01 Jun]As many as 39 Indian startups raised around $387.23 million in funding this week. These deals count 13 growth-stage and 20 early-stage deals.0 التعليقات 0 نشر - BluSmart raising $24 Mn in pre Series B
BluSmart Mobility, an EV ride-hailing and charging hub operator, is raising Rs 200 crore ($24 million) in a pre-Series B funding round by issuing over a million preference shares. This capital-intensive company, founded in 2019, operates 4,400 EV chargers and 7,000 vehicles, competing with Ola and Uber with a unique scheduled pick-up model. Despite significant revenue growth, from Rs 160 crore in FY23 to Rs 390 crore in FY24, audited financials are pending. BluSmart is also expanding to Dubai.
#Entrackr #Fintrackr #News #Startup #StartupNews #BluSmart #ElectricVehicles #GreenMobility #SustainableTransport #Startup #DubaiLaunch #RevenueGrowth
https://entrackr.com/2024/05/blusmart-raising-24-mn-from-existing-investors/
BluSmart raising $24 Mn in pre Series B BluSmart Mobility, an EV ride-hailing and charging hub operator, is raising Rs 200 crore ($24 million) in a pre-Series B funding round by issuing over a million preference shares. This capital-intensive company, founded in 2019, operates 4,400 EV chargers and 7,000 vehicles, competing with Ola and Uber with a unique scheduled pick-up model. Despite significant revenue growth, from Rs 160 crore in FY23 to Rs 390 crore in FY24, audited financials are pending. BluSmart is also expanding to Dubai. #Entrackr #Fintrackr #News #Startup #StartupNews #BluSmart #ElectricVehicles #GreenMobility #SustainableTransport #Startup #DubaiLaunch #RevenueGrowth https://entrackr.com/2024/05/blusmart-raising-24-mn-from-existing-investors/ENTRACKR.COMBluSmart raising $24 Mn in pre Series BBluSmart Mobility, an EV ride-hailing service and EV charging superhub infrastructure operator, is raising Rs 200 crore ($24 million).0 التعليقات 0 نشر - MoneyView posts Rs 577 Cr revenue in FY23; profit spikes 27X
Online credit platform MoneyView secured $75 million in its Series E round led by Apis Partners in December 2022. The mammoth funding helped the firm achieve 2.6X growth in its scale along with a staggering 27X jump in profit during the fiscal year ending March 2023. Visit - https://entrackr.com/2024/04/moneyview-posts-rs-577-cr-revenue-in-fy23-profit-spikes-27x/
#Entrackr #MoneyView #Revenue #startupnews #newsMoneyView posts Rs 577 Cr revenue in FY23; profit spikes 27X Online credit platform MoneyView secured $75 million in its Series E round led by Apis Partners in December 2022. The mammoth funding helped the firm achieve 2.6X growth in its scale along with a staggering 27X jump in profit during the fiscal year ending March 2023. Visit - https://entrackr.com/2024/04/moneyview-posts-rs-577-cr-revenue-in-fy23-profit-spikes-27x/ #Entrackr #MoneyView #Revenue #startupnews #newsENTRACKR.COMMoneyView posts Rs 577 Cr revenue in FY23; profit spikes 27XOnline credit platform MoneyView’s revenue from operations grew 2.6X to Rs 577 crore in FY23 from Rs 222 crore in FY220 التعليقات 0 نشر - Portea’s revenue stays flat in FY23; losses grow 32%
Home healthcare solution provider Portea has been struggling to scale which is evident from its stagnant growth in FY23. At the same time, the Accel-backed firm’s losses grew 32% during the fiscal year ending March 2023. Visit- https://entrackr.com/2024/04/porteas-revenue-stays-flat-in-fy23-losses-grow-32/
#ENtrackr #Portea #Revenue #startupnews #newsPortea’s revenue stays flat in FY23; losses grow 32% Home healthcare solution provider Portea has been struggling to scale which is evident from its stagnant growth in FY23. At the same time, the Accel-backed firm’s losses grew 32% during the fiscal year ending March 2023. Visit- https://entrackr.com/2024/04/porteas-revenue-stays-flat-in-fy23-losses-grow-32/ #ENtrackr #Portea #Revenue #startupnews #newsENTRACKR.COMPortea’s revenue stays flat in FY23; losses grow 32%Portea’s revenue from operations declined 3.3% to Rs 145 crore in FY23 from Rs 150 crore in FY220 التعليقات 0 نشر - 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 #entrackrNikhil 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 #entrackrENTRACKR.COMExclusive: Nikhil Kamath-backed Gruhas invests in Shark Tank fame BummerBummer has raised Rs 9.25 crore led by Gruhas Consumer Fund along with the participation of Fluid Ventures Fund.0 التعليقات 0 نشر - Tata Digital-backed Cult.fit tops up Series F with $10 Mn funding
Health and wellness platform Cult.fit (formerly Cure.fit) has scooped Rs 84.5 crore or $10.2 million in an extended Series F round led by existing backer Valecha Investments.
#Cultfit #Tata #Curefit #Cult.fit #Health #Wellness #Entrackr #News
https://entrackr.com/2024/02/exclusive-tata-digital-backed-cult-fit-tops-up-series-f-with-10-m-n-funding/Tata Digital-backed Cult.fit tops up Series F with $10 Mn funding Health and wellness platform Cult.fit (formerly Cure.fit) has scooped Rs 84.5 crore or $10.2 million in an extended Series F round led by existing backer Valecha Investments. #Cultfit #Tata #Curefit #Cult.fit #Health #Wellness #Entrackr #News https://entrackr.com/2024/02/exclusive-tata-digital-backed-cult-fit-tops-up-series-f-with-10-m-n-funding/ENTRACKR.COMExclusive: Tata Digital-backed Cult.fit tops up Series F with $10 Mn fundingHealth and wellness platform Cult.fit (formerly Cure.fit) has scooped Rs 84.5 crore or $10.2 million in an extended Series F round0 التعليقات 0 نشر - Yatra churns profits in Q3 FY24, revenue crosses Rs 110 Cr
Yatra’s revenue from operations grew 17.2% to Rs 110.3 crore in Q3 FY24 as compared to Rs 94.13 crore Q2 FY24, as per the firm’s consolidated financial results sourced from the National Stock Exchange.
While compared to Q3 of the previous fiscal year (Q3 FY23), the operating revenue of the company increased over 23% from Rs 89.6 crore.
#Yatra #Revenue #Startup #News #Entrackr
https://entrackr.com/2024/02/yatra-churns-profits-in-q3-fy24-revenue-crosses-rs-110-cr/Yatra churns profits in Q3 FY24, revenue crosses Rs 110 Cr Yatra’s revenue from operations grew 17.2% to Rs 110.3 crore in Q3 FY24 as compared to Rs 94.13 crore Q2 FY24, as per the firm’s consolidated financial results sourced from the National Stock Exchange. While compared to Q3 of the previous fiscal year (Q3 FY23), the operating revenue of the company increased over 23% from Rs 89.6 crore. #Yatra #Revenue #Startup #News #Entrackr https://entrackr.com/2024/02/yatra-churns-profits-in-q3-fy24-revenue-crosses-rs-110-cr/ENTRACKR.COMYatra churns profits in Q3 FY24, revenue crosses Rs 110 CrOnline travel aggregator (OTA) Yatra’s revenue from operations grew 17.2% to Rs 110.3 crore in Q3 FY24 as compared to Rs 94.13 crore Q2 FY240 التعليقات 0 نشر
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