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Havish Gupta
Figuring OutĀ ā¢Ā 1y
Funding ā¢ On 16 Nov, 2021, it raised $135 Mil at A Billion dollar Valuation from Alpha Wave Ventures. ā¢ it has raised total of $200 Million from 33 Investor Leading Investor Tiger Global Management, Falcon Edge Capital, Accel, and Norwest Venture Partners Financials FY22: Revenue:ā¹218 Cr Loss: ā¹96 Cr FY23: Revenue: ā¹505 cr Loss: ā¹214 cr CEO Background Initially he worked 15 years at McKinsey. Then he was appointed as Myntra 's Ceo. Later He Created MedLife and finnally Mensa. Competitor It is inspired from Thrasio, an American startup which worked on similar model. Only difference is that, it use to aquire fully at first, while Mensa aquires them fully in 5 years. There are few more indian competitor as well.
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Havish Gupta
Figuring OutĀ ā¢Ā 1y
Unique Startup Stories (9/20) This startup became the India's fastest unicorn archiving UNICORN status in just 6 Months! This is none other than Mensa Brands What does it Do? So it was founded by Ananth Narayanan in May 2021, and it Aquires and he
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Sresh
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šØ Ather IPO Alert šµ ā”ļøRaised ā¹1,340 Cr from anchor investors (SBI, ADIA, Franklin, Morgan Stanley) ā”ļøHero MotoCorp is the biggest shareholder (~38%) ā”ļøFY24: ā¹1,753 Cr revenue, ā¹1,062 Cr loss ā”ļøValued at ~$1.44B EV wave is going public ā are you w
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Harsh Dwivedi
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MedialĀ ā¢Ā 2y
Top news from today- 1. Neodocs bags $2M 2. Zomato posts 138 Cr profit PAT. 3. Infra.Marketās 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. DailyHuntās parent Verse
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Anonymous
Hey I am on MedialĀ ā¢Ā 1y
My CEO is taking too much stress. We work in the fintech segment and raised a good round, worked hard aftet that too. Itās been two years since that and weāll shut down if we donāt raise again in the next 6 months. Thereās visbile fear in the tea
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Top news of the day- 1. Astrotalk raised Rs. 160 Cr ($20M). 2. Amber raised Rs. 168 Cr ($21M). 3. Byjuās 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
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Aditya Arora
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1 Company with 57 employees starting their own startups worth 8875 CR. šø Yes, the answer is "Ola". Let us look at how: šš» 1. Ankit Bhati (Co-Founder & CTO at Ola) Amnic Technologies ā Co-Founder & CEO Raised US$15-20 million seed round by Sequo
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This secret startup became a profitable unicorn in just 6 months, but you might not have even heard its name. And yet, it made over ā¹500 Cr last year without launching a single original product. Because all it does is acquire other startups and sca
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Saurabh Singh
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Everything that happened in the Indian startup ecosystem yesterday : 1. BigBasket, backed by Tata, is planning to introduce a 10-minute food delivery service. 2. Venture capital firm Pavestone has led a $12 million Series B funding round in retai
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