🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Inactive

AprameyaAI • 1y

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

6 Replies
4
7
Replies (6)

More like this

Recommendations from Medial

Ashu Singh

Hey I am on Medial • 1y

*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
Reply
2
Image Description
Image Description

Mahendra Lochhab

Content creator • 8m

X (formerly Twitter) reported total annual revenue of Rs 21.16 crore for FY23-24 in the Indian market, a significant decrease of 89.81 per cent from Rs 207.69 crore in FY 2022-23.

6 Replies
9
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 2m

Hyderabad is a strong second in IT exports(₹2,41,275 crore in FY 2022-23).

2 Replies
8

Kolkata Index

 • 

West Bengal Tourism • 7m

West Bengal ranked 3rd in total no. of regd companies and total no. of active companies in India as on 31.03.23. AlsoBengal ranked 8th in new companies registered during FY 22-23. (MCA does not release city wise data of cos registered ) src - MCA A

See More
Reply
3
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 5m

Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R

See More
17 Replies
2
13

Vishu Bheda

AI did the magic • 1y

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?

Reply
6

Aryan patil

 • 

Monkey Ads • 1y

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

Reply
6

financialnews

Founder And CEO Of F... • 8m

JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11% JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI

See More
Reply
1
Image Description

Tushar Aher Patil

Trying to do better • 8m

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

See More
1 Reply
4

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