BREAKING: Porter really delivered! ๐ฆ โถ๏ธ Porter has become a unicorn after completing a fresh friends and family funding round. โถ๏ธ This makes Porter the third unicorn this year, following AI startup Krutrim and B2B SaaS company Perfios. โถ๏ธ In the latest round, 15-20 individuals purchased shares worth Rs 25 crore in Porter. โถ๏ธ With this round, Porter has doubled its valuation from $500 million in 2021 to $1 billion. โถ๏ธ 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. โถ๏ธ 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? ๐ซ Follow Dev - The AI Guy ๐ for more such information! #startup #unicorn #porter
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