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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

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