AprameyaAI • 1y
- $93M for UK fintech, $1.2M for Chennai skincare, and a mysterious Google-backed Flipkart round. Welcome to May 24, 2024, where startup news is buzzing (Aag lga di aag lga di aag) - Flipkart's latest stunt? Securing funding from Google in a Walmart-led round. Amount and valuation? Classified. Just wait for those regulatory approvals. - UK fintech Vitesse raised $93M in Series C, led by KKR, to conquer the US market. - Chennai’s Chosen scored $1.2M seed funding at a $19M valuation, thanks to friends and family. Who knew skincare could be this lucrative? (Avg Cetaphil user) - Overall startup funding in India plunged 88% YoY to just $25.6M in late May. - Home decor startup Vaaree kicked off a new funding round. Details? Still a mystery. Biggest story? Google's Flipkart play. The steep drop in Indian startup funding is the stark reality. Is it a trend or just a blip? What's your next bold move in this volatile market? -- found it interesting? Let's connect
Finding my self 😶�... • 2m
X (formerly Twitter) hit hard in UK market • Revenue dropped 66% in 2023 (£205.3M → £69.1M) • Profits plummeted from £5.6M to just £1.2M • UK staff reduced by 71% (399 → 114 employees) The decline comes amid advertiser concerns over brand safety and
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