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.
This 25-year-old engineer couldn't get a bus ticket home for Diwali, so he built RedBus with just Rs 5 lakh and later sold it for Rs 800 crore.
6 replies8 likes
Aditya Arora
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Faad Network • 14h
How is Kumbh Mela making a revenue of 4 lakh CR?
i) Kumbh Budget - 7500 CR (Rs 5400 - UP govt., Rs 2100 - Centre)
ii) Total Expected Indian visitors - 40 CR
iii) Estimated Indian National Spending - Rs 5000/- (Golgappe, Sweet Corn, Water etc.)
iv)
Top news of the day-
1. Ema Unlimited - an AI employee assistant raised Rs. 200 Cr ($25M) from Accel and Prosus.
2. Rural commerce startup Rozana raises Rs. 180 Cr ($22.5M) from BII, Fireside.
3. Louisa AI raised Rs. 40 Cr ($5M) from Oxford Univers