Figuring Outย โขย 1y
The total claim from the creditors is about $1.5 Billion. I Don't think that creditors would even get 20% of it. Btw the total funding amount is over $5 Billion
Entrepreneur | Build...ย โขย 1y
This is bad ๐ฅ This might be the end of BYJUs A total of 1,887 creditors have filed claims amounting to $1.5 billion against Byju's, with most claims still under review. Notably, Indian tax authorities are seeking $101 million in dues from the tro
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Keen Learner and Exp...ย โขย 1y
Elon Musk's new AI start up xAI just raised $5 Billion for a valuation of $50 Billion The Investment came from 1. Qatar Investment Authority 2. Valor Equity Partners 3. Sequoia Capital and 4. Andreessen Horowitz Total raised amount by xAI = $11 Bil
See MoreFinding my self ๐ถโ๏ฟฝ...ย โขย 1y
In 2024, Indian startups raised approximately $12 billion, a 20% increase from the previous year, marking a recovery from the funding downturn of 2022 and 2023. This year saw 993 funding deals, with fintech, consumer services, and ecommerce leading t
See MoreHey I am on Medialย โขย 1y
What caused the sharp decline in valuations for ShareChat and hike both previously valued at over $3 billion and now below $1.5 billion in recent funding rounds? ShareChat's failed wager on the Indian short-video space amid the TikTok ban has forced
See MoreFinding my self ๐ถโ๏ฟฝ...ย โขย 1y
The Indian startup ecosystem showed significant growth from 2023 to 2024. Total funding increased by 20%, reaching $12 billion in 2024, compared to $10 billion in 2023, marking a recovery from the previous year's downturn12. Notably, six new unicorns
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