Login

Feed Post

Inactive

Stealth • 5m

BREAKING: Porter really delivered! 🦄 ▶️ Porter has become a unicorn after completing a fresh friends and family funding round. ▶️ This makes Porter the third unicorn this year, following AI startup Krutrim and B2B SaaS company Perfios. ▶️ In the latest round, 15-20 individuals purchased shares worth Rs 25 crore in Porter. ▶️ With this round, Porter has doubled its valuation from $500 million in 2021 to $1 billion. ▶️ Since its inception in 2014, Porter has raised about $150 million from investors such as Tiger Global, Peak XV Partners, Kae Capital, the Mahindra Group, and Lightrock. ▶️ Financial highlights for Porter (Pesa hai to kya kuch nahi ho skta): - Operating Revenue FY 23: Rs 1,753.50 crore - Operating Revenue FY 22: Rs 847.6 crore - Loss FY 23: Rs 157.7 crore - Loss FY 22: Rs 122 crore What do you think about this? 🫠 Follow Dev - The AI Guy 🚀 for more such information! #startup #unicorn #porter

5 replies7 likes
Replies (5)

More like this

Recommendations from Medial

Ashu Singh

Stealth • 5m

*RBI Transfer to Government* FY 2012-13 Rs33,110 crore FY 2013-14 Rs52,679 crore FY 2014-15 Rs65,896 crore FY 2015-16 Rs65,876 crore FY 2016-17 Rs30,659 crore FY 2017-18 Rs50,000 crore FY 2018-19 Rs176,051 crore FY 2019-20 Rs57,128 crore FY 2020-21

See More
0 replies1 like
Anonymous
Image Description
Image Description

Anonymous

Stealth • 3m

Mumbai-based edtech unicorn upGrad has reported raised Rs 287.5 crore (approximately $35 million) in debt from EvolutionX, Entrackr reported, citing the company's regulatory filing. The report said the edtech unicorn will use the raised capital for

See More
2 replies15 likes

Mr Z

Stealth • 5m

India’s 3rd unicorn of 2024 Porter quietly turns unicorn They’ve closed an internal round at $1 billion valuation How many of you heard this startup name before this?

0 replies6 likes

Aryan patil

 • 

Monkey Ads • 5m

Reports saying Porter became India's third unicorn of 2024 (with a valuation of $1 billion and above) after a fresh internal round.

0 replies6 likes

Rosalin Biswal

Stealth • 3m

Fresh Bus, the Bengaluru-based EV bus startup backed by Ixigo has raised Rs 43.7 crore ($5.23M) in its Series A funding round. Maniv Mobility led the round with Rs 35.68 crore, joined by Riverwalk Holdings. The company aims to raise Rs 100 crore in

See More
0 replies4 likes
Anonymous

Anonymous

Stealth • 3m

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

See More
0 replies6 likes

Vikas Acharya

 • 

Medial • 7d

Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop

See More
0 replies3 likes

Shuvodip Ray

 • 

YouTube • 5m

Logistics services provider Porter has reportedly joined the unicorn startup club after completing a fresh friends and family round, in which individuals bought shares from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion, a

See More
0 replies2 likes
Anonymous
Image Description

Anonymous

Stealth • 3m

Hyderabad-based Machine manufacturing startup Autocracy Machinery has raised Rs 5 crore in a pre-Series A funding round led by Venture Catalysts. The round also saw participation from various investors, including Nikhil Jaisinghani, Bharat Jaisingha

See More
1 replies5 likes

RRD

Stealth • 3m

EleFant raises $750K in seed round EleFant, a mobile app-based toy Library, has raised Rs 6 crore (about $750K) in its seed round co-led by Venture Catalysts, Malpani Ventures with participation from several notable investors and family offices.

0 replies4 likes

Download the medial app to read full posts, comements and news.