Top News of the Week:
1. Funding:
- On a weekly basis, startup funding surged 170% to $906.7 million as compared to around $336.45 million raised during the previous week.
- 41 Indian startups raised around $906.7 million in funding this week. T
Wow this is insane Cursor AI, just a 30 members team, making $100 million in revenue. And GitHub, backed by Microsoft, is at $400 million. Cursor is going crazy ..😳
Why does an ice cream company need Rs. 1200 Cr 😳😳😳😳😳
7 replies12 likes
Havish Gupta
Figuring Out • 8m
The total claim from the creditors is about $1.5 Billion. I Don't think that creditors would even get 20% of it.
Btw the total funding amount is over $5 Billion
8 replies9 likes
Mridul Das
Introvert! • 1m
Delhi has crushed Bangalore in startup funding this quarter! In Q1, Delhi snagged a whopping 40% of the total funding, while Bangalore limped behind with just 21.64%. Looks like the startup capital just got a new CEO! 🫣
Meesho is killing it!!
Amidst this sale season with Amazon & Flipkart stealing the limelight.
Meesho’s total orders increased by over 40% YOY!
The Crazy Part? They recorded 145 cr customer visits in just 10 days with customers from all over India
