sugarfit logo
Posted in Social Media

Unveiling Insights into Sugar.fit’s Series A Funding Round in HealthTech

by SA TeamPosted on

Three points you will get to know in this article: Sugar.fit, a pioneering startup dedicated to diabetes management, has just revealed an impressive achievement in securing $11 million in funding during its Series A round. Leading the charge in this funding milestone is MassMutual Ventures, with significant contributions coming from existing supporters, including Cure.fit (now known as Cult.fit), Tanglin Venture…

Infibeam Avenues logo
Posted in Fintech

Infibeam Closes Q3 FY24 with INR 900 Cr Revenue, Recording INR 41 Cr Profit

by SA TeamPosted on

Three points you will get to know in this article: On Tuesday, Infibeam Avenues, a leading fintech company, unveiled its financial performance for the third quarter of the current fiscal year, Q3 FY24. The reported results paint a compelling picture, showcasing sustained growth in both revenue and profits. During Q3 FY24, Infibeam experienced a noteworthy 15.4% surge in revenue from…

Byju's logo
Posted in Education

Byju’s Plans to Raise $200 Million Through Right Issue

by SA TeamPosted on

Three points you will get to know in this article: Byju’s, the leading Edtech company, is in the process of securing $200 million through a rights issue extended to all its equity shareholders. This strategic move coincides with the company’s ambitious goal of initiating a more substantial equity fundraising round. The intended rights issuance by TLPL is designed to bolster…

Ferns N Petals logo
Posted in Food

Ferns N Petals Records INR 607 Crore Revenue in FY23; Faces Substantial Losses

by SA TeamPosted on

Three points you will get to know in this article: The thriving gift-giving hub, Ferns N Petals, experienced rapid expansion over the recent financial periods. However, the company hit a growth plateau in FY23. During the last fiscal year, the Delhi-based enterprise saw a modest 4.8% uptick in its income but faced a substantial setback, recording significant losses amounting to…

paytm logo
Posted in Fintech

Paytm Reports 13.2% Growth in Q3 FY2023-24 Revenue, Implements Cost-Cutting Measures

by SA TeamPosted on

Three points you will get to know in this article: Paytm, a big financial technology company, recently shared its financial results for the third quarter of the financial year that ends in March 2024. The results show that Paytm’s revenue from its business operations increased by 13.2% to Rs 2,850.5 crore in the three months ending December 2023. This is…

Dream11 logo
Posted in AutomobileBusiness

Dream11 Records INR 6,384 Crore Revenue and INR 188 Crore PAT in FY23

by SA TeamPosted on

Three points you will get to know in this article: In the past fiscal year, Dream Sports, the proud parent company of Dream11, showcased an exceptional financial performance, witnessing a remarkable 66.21% growth in revenue, bringing it close to the impressive Rs 6,400 crore mark for FY23. Simultaneously, the company experienced a 32.40% surge in profits during the same period.…

BharatPe logo
Posted in Fintech

Fintech Firm BharatPe and its NBFC Partner Trillion Loans Raise Debt Funds

by SA TeamPosted on

Three points you will get to know in this article: BharatPe, the fintech company, has successfully concluded a $100 million debt round, as per information from sources familiar with the matter. This latest debt infusion marks a significant milestone for the Delhi-based company, coming more than two years after its previous debt round. According to the sources, InnoVen Capital is…

pedal-start
Posted in Business

PedalStart: Nurturing Startup Visionaries with Mentorship and Acceleration

by SA TeamPosted on

Three points you will get to know in this article: Many aspiring entrepreneurs are constantly seeking the perfect mentorship to guide them on their journey into the startup world. PedalStart, based in Gurugram, has ingeniously embraced this concept by providing a community-centric platform. Here, budding entrepreneurs have the invaluable opportunity to glean insights from industry experts, refine their ideas and…

udaan-logo
Posted in Business

Udaan Secures $340 Million in Series E Funding, Experiences 59.3% Valuation Dip

by SA TeamPosted on

Three points you will get to know in this article: Udaan, the B2B e-commerce platform, recently revealed a substantial boost in funding with a noteworthy $340 million injection during its Series E round. The financing was jointly led by M&G Plc and Lightspeed Partners Venture, alongside ongoing support from existing investors like DST Global and Tencent, among others. It’s worth…

rapido logo
Posted in Automobile

Rapido Triples Revenue to Rs 443 Crore in FY23, Diversifies Income Streams

by SA TeamPosted on

Three points you will get to know in this article: In the early stages of the fiscal year 2023, Rapido successfully secured an impressive $180 million in funding from prominent backers such as Swiggy, WestBridge, TVS Motor, Shell Ventures, and Nexus Ventures. This substantial financial infusion played a pivotal role in catapulting Rapido’s growth by threefold, providing the company with…

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