Could you please provide a brief summary of the significant developments that have transpired this month, as I have been out of touch with current affairs for some time?
Anonymous 1
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Wipro • 9m
Paytm has literally gone haywire now starting auto services, heatwaves has been killing the country, meesho raised 2,282 cr., planning to raise more.
What else do you want
Zepto and Blinkit are killing Amazon and Flipkart — not Kirana shops!
The Crazy Part? Zepto has gone from 0 to ₹10000 Cr in sales in less than 3 years,
And is on its way to surpass the 22-year-old DMart in just 18 months!
6 replies5 likes
Uttkarsh Singh
Learning • 4m
Meesho has literally announced a Diwali Holiday: nine-day "Reset and Recharge" leave for its employees from October 26 to November 3, 2024 after getting huge sales.
Meesho is killing it!!
Amidst this sale season with Amazon & Flipkart stealing the limelight.
Meesho’s total orders increased by over 40% YOY!
The Crazy Part? They recorded 145 cr customer visits in just 10 days with customers from all over India
Top news of the day-
1. Shadowfax raised Rs. 800 Cr ($100M).
2. Mistral AI raised $16M by Microsoft.
3. MSwipe raised Rs. 160 Cr ($20M) by Alpha Wave Global.
4. Cleartrip grows its b2b business by 4x.
5. Sony laying off 900 employees in Playstation
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0 replies18 likes
Shreyas Ramdasi
Mechanical Engineer • 9m
Meesho Marks First Close Of Larger Funding Round At $275 Mn
SUMMARY
1.This marks the first tranche of a larger financing round of $600 Mn that the Bengaluru-based company aims to conclude
2.This comes a month after Meesho was looking to expand the si
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0 replies3 likes
Nandishwar
Founder @StudyFlames... • 1m
INDIA'S IPO BOOM: A JOURNEY THROUGH YEARS! 🚀
India’s IPO market has been on fire, witnessing a massive surge in companies going public and raising huge funds.
Here’s how the IPO trend evolved from 2017 to 2024:
📊 The Highlights
1️⃣ 2024: The B
Top News Of the Day:
1. Fintech lending startup, Aye Finance, has raised a debt funding of INR 137 crore (around $16.6 million) from Germany-based Invest in Visions
2. Elevate Foods, a startup focused on supporting Indian farm-gate processors in ac
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18 replies39 likes
Aditya Arora
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Faad Network • 6m
Meet Vidit Aatrey and Sanjeev Barnwal who built Meesho into a billion-dollar revenue company.
1. Coming from a lower-middle-class family in Meerut (UP), Vidit Aatrey made everyone proud when he got a seat at the prestigious IIT Delhi for electrical
Top news of the day-
1. Licious lays off 80 people.
2. Crux raised $2M by Y-comb, others.
3. OpenAI hits Rs. 16,000 Cr ($2B) in revenue.
4. Battery-tech startup Lohum raised $23M in Series B.
5. Bengaluru to end bike taxi services in the state.
6.
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3 replies64 likes
MK
Hey I am on Medial • 1m
OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners.
Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his
