Raised $250 million which is Rs. 2000 Crore for this AI pin and now after it flopped they want to sell it at $800 Mil - $1B (approx rs 8000 cr). Delusional founders. I feel sad for their investors. An influencer can really screw you up.
Top news from today-
1. Neodocs bags $2M
2. Zomato posts 138 Cr profit PAT.
3. Infra.Market’s revenue scales to Rs. 11,846 Cr in FY23 up from Rs. 1240 Cr in 2021.
4. EV financing startup Vidyut raised $5M in series A.
5. DailyHunt’s parent Verse
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4 replies30 likes
Harsh Dwivedi
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Medial • 8m
Top news of the day-
1. Astrotalk raised Rs. 160 Cr ($20M).
2. Amber raised Rs. 168 Cr ($21M).
3. Byju’s FY23 revenue is Rs. 6509 Cr.
4. Navi is seeking to raise Rs. 600 Cr.
5. D2C food brand Yu raised Rs. 20
6. EV manufacturer Corrit raises Rs. 5
New launches]
▪️ Upstox forays into insurance distribution
[Financial results this week]
▪️ MamEarth-parent Honasa posts Rs 1,920 Cr revenue, Rs 110 Cr PAT in FY24
▪️ Nykaa posts Rs 6,386 Cr revenue and Rs 40 Cr PAT in FY24
▪️ Paytm revenue grow
Man Earning Rs 10,000 A Month Gets Income
Tax Notice Of Rs 2 Cr In Bihar 😂
He was asked to deposit Rs 67 lakh within two days . When he went to the IT department office, he was told to go for an appeal 🥹
10 replies21 likes
Harsh Dwivedi
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Medial • 12d
Top News of Today (10th Oct 2024):
1) B2B robotics startup Haber raises Rs. 317.2 Cr ($38 Mn) in Series C.
2) Assistive technology startup Social Hardware raises Rs 3.2 Cr.
3) Equirus InnovateX Fund leads Rs. 8.3 Cr ($1 Mn) round in data engineering
Zomato’s Gold Rush
Revenue in FY 2013:
Zomato: 11Cr
Dominos’ India: 1,407 Cr
Revenue in FY23:
Zomato: 7,079 Cr (700x)
Domino’s India: 5,200Cr (3.5x)
Domino’s India took a whopping 27 years to reach 0.75 of Zomato’s Revenue.
Is Zomato selling