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Childhood friends build social travel startup, earn ₹12 cr revenue
Inshorts
·
6m ago
Medial
Rohan Verma and Shubhangi Pandey, childhood friends from Lucknow, transformed their love for travel into JustWravel, a Noida-based social travel startup. Launched in 2016 with ₹6 lakh, it reported ₹12 crore in revenue in the last FY. It offers budget-friendly fixed-departure group trips to 50+ domestic and international destinations, creating a community-focused travel experience for the youth.
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Supersquad raises Rs 2.1 Cr in pre-seed round
Entrackr
·
11m ago
Medial
Supersquad, a startup focused on creator monetization, has raised Rs 2.1 crore in a funding round led by WLDD. The round also saw contributions from angel investors Nitin Rajput and Jivraj Singh Sachar. The funds will be used to enhance Supersquad’s technology platform and expand its team. Founded in 2024 by Akash Kadyan and Anushrut Khare, Supersquad offers creators a new way to earn income through community-driven travel experiences. Creators can choose a travel destination, set their own price for the experience they host, and create a booking page to promote and sell their trips. Supersquad ensures a seamless experience by partnering with a network of certified tour operators and providing local guides for all trips. The company aims to onboard more creators, build strategic alliances with travel providers, and continually innovate to lead in the creator economy.
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This Startup Is On A Mission To Transform India’s Fertility Care Landscape
Inc42
·
10m ago
Medial
Dipalie Bajaj and Nidhi Panchmal, childhood friends turned entrepreneurs, founded Arva, a startup aimed at helping women navigate the pressure to get married and have children by the age of 30. Since its inception, Arva has experienced a 680% increase in revenue and has assisted over 2,000 women. The founders initially conducted a pilot to understand the challenges faced by women and have since expanded their services to include fertility counseling and expert consultations. Arva plans to expand offline and into men's vertical in the future, with projected revenues of up to INR 5 Cr in FY25.
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J&K startup which appeared on Shark Tank India valued at ₹24 crore
Inshorts
·
2y ago
Medial
FastBeetle, a digital logistics platform based in Jammu and Kashmir, has successfully secured an undisclosed funding amount, resulting in a valuation of $3 million (approximately ₹24 crore). It is worth mentioning that the startup had previously raised ₹90 lakh during Season 2 of the reality show Shark Tank India. Founded in 2019 by childhood friends Sheikh Samiullah and Abid Rashid, FastBeetle has achieved this milestone in its journey.
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Friends from the old neighborhood turn rivals in Big Tech's AI race
Economic Times
·
1y ago
Medial
Mustafa Suleyman and Demis Hassabis are two powerful executives in the tech industry's race to build artificial intelligence. They co-founded DeepMind in 2010 but went their separate ways after a clash. Hassabis now leads Google DeepMind, while Suleyman recently became CEO of Microsoft AI. The rivalry between the two companies has intensified as they both aim to control the next dominant computing platform. Despite their differences, Suleyman and Hassabis maintain a friendly relationship, although Hassabis downplays any notion of rivalry. Their journey from childhood friends to industry leaders is a unique story in the tech world.
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Travel Boutique Online’s PAT crosses Rs 200 Cr in FY24
Entrackr
·
1y ago
Medial
Online B2B travel distribution platform Travel Boutique Online (TBO) demonstrated a decent 30.8% Y-O-Y growth during the fiscal year ended March 2024. At the same time, the profits (PAT) of the company spiked with the same pace and surpassed Rs 200 crore in the same period. Travel Boutique’s revenue from operations grew to Rs 1,393 crore in FY24 from Rs 1,065 crore in FY23, its consolidated financial statements accessed from the National Stock Exchange (NSE) show. TBO Tek TBO is a travel distribution platform that extends white-label solutions to travel agents and tour operators. By facilitating air travel, hotel bookings, and tour packages, the platform makes money on commissions on these services. The commission from hotels and packages formed a significant 72.8% of the total operating revenue which increased 40.4% to Rs 1,014 crore during FY24. Commission from air ticketing contributed Rs 347 crore to its operating income. For the B2B travel distribution platform, the cost of providing services for air ticketing, hotels, and packages accounted for 40% of the overall expenditure. This cost grew 41.9% to Rs 471 crore in FY24. Travel Boutique’s spending on employee benefits grew by 21.5% in FY24. Its legal, professional, advertising, technology, and other overheads took the overall expenditure up by 29.2% to Rs 1,181 crore in FY24. Head to TheKredible for the complete expense breakup. The controlled cost mechanism increased Travel Boutique’s profit by 35.8% to Rs 201 crore in FY24 from Rs 148 crore. Its ROCE and EBITDA margins stood at 31% and 19.9% respectively. On a unit level, it spent Rs 0.85 to earn a rupee in FY24. FY23-FY24 FY23 FY24 EBITDA Margin 19% 19.9% Expense/₹ of Op Revenue ₹0.86 ₹0.85 ROCE 43% 31% TBO Tek was listed on the stock exchange on 15th May 2024. Currently, the share price of the firm stands at Rs 1,410.3 (as of 31st May 2025) with a total market cap of Rs 15,314 crore.
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Travel tech startup The Tarzan Way raises Rs 2 Cr led by IPV
Entrackr
·
2m ago
Medial
Noida-based AI-powered travel tech startup The Tarzan Way has raised Rs 2 crore (around $233K) in a seed funding round led by Inflection Point Ventures (IPV). The round also saw participation from Your Trips Limited (UK), PhysicsWallah Founder Prateek Maheshwari, and several angel investors. The funds will be allocated towards product development (35%), operations (25%), marketing (20%), HR/admin (15%), and miscellaneous functions (5%). Founded in 2020 by Shikhar Chadha and Shivank Tripathi, The Tarzan Way uses AI to create hyper-personalised travel experiences, enabling users to plan custom itineraries in seconds. With its new “Exploration App” set to launch soon, the company aims to streamline travel planning by offering an AI-backed booking engine, one-click bookings, and 24x7 concierge support. The platform claims to have clocked Rs 13.5 crore in gross booking value, with a 300% YoY revenue jump and 70% MoM user growth. The brand has over 35,000 social followers and 10 million+ content views. Backed by a growing market for personalised travel, the expansion of India’s tourism sector is expected to touch $512 billion by 2028.
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How Timbuckdo is empowering college students to earn, save, and grow
YourStory
·
1m ago
Medial
Timbuckdo, a Bengaluru-based startup founded by Mythri Kumar in 2022, aims to empower college students by offering verified part-time jobs, QR-enabled discounts, and AI-powered growth tools. It addresses the challenges faced by students in the unorganized gig economy, helping them earn, save, and build skills. With over two lakh users, the platform functions as a student-centric social commerce platform, integrating community-driven solutions for real-world upskilling and cost-saving opportunities.
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Assistive technology startup Social Hardware raises Rs 3.2 Cr
Entrackr
·
10m ago
Medial
Social Hardware, an innovation startup that designs and develops assistive devices, bionics, and field robotics, has raised Rs 3.2 crore in its seed round led by Inflection Point Ventures. Ivyleague Ventures and Soonicorn Ventures have also participated in the round. The proceeds will be used towards growth and go-to-market (GTM) initiatives, building a strong marketing and sales team, establishing an advanced R&D facility, expanding in-house manufacturing capabilities, and strengthening R&D efforts. Co-founded by Abhit Kumar, Cameron Norris, and Raghavendran Arunachalam, Social Hardware specializes in teleoperated robotic systems designed for hazardous operations. The firm serves manufacturing, infrastructure, defense, and aerospace industries, delivering innovative solutions that enhance safety and operational efficiency in challenging environments. The startup operates with a team of 17 across two locations in Bengaluru, including a corporate office in Hebbal and an R&D facility in Rajajinagar. Currently, Social Hardware has a production capacity of 12 units for FY 2024-25, which is set to triple to 36 units by FY26, aiming for a revenue capacity of Rs 24.76 crore.
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Whatfix’s Revenue Jumps 49%, Crosses INR 400 Cr Mark
Inc42
·
9m ago
Medial
The startup Whatfix reported a total revenue of INR 445.3 Cr, showing a 1.5X increase from the previous year. They also managed to reduce their net loss by 20% to INR 263 Cr. Even though their revenue increased significantly, the company's total expenses only rose 12% to INR 706 Cr.
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Ixigo posts Rs 501 Cr revenue and Rs 23 Cr profit in FY23
Entrackr
·
1y ago
Medial
Ixigo, the largest third-party train travel booking platform and online travel agent (OTA), reported a revenue of Rs 501 crore and a profit of Rs 23 crore in FY23. The company witnessed a growth of 32% and returned to profitability after incurring losses in FY22. Revenue from operations primarily came from convenience fees and commissions from rail, airline, and bus reservations. Train ticket bookings contributed the highest revenue, followed by flights and buses. Employee benefits accounted for the largest cost center, while advertising-promotional and IT expenses were other operating overheads.
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