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
This is bad 🔥
This might be the end of BYJUs
A total of 1,887 creditors have filed claims amounting to $1.5 billion against Byju's, with most claims still under review.
Notably, Indian tax authorities are seeking $101 million in dues from the tro
See More
1 replies4 likes
Mahendra Lochhab
Content creator • 1m
The Indian toy market is estimated to be worth around $1.5 billion to $3 billion.
0 replies3 likes
Karan
It's Never Too Late • 2m
GREAT THINGS TAKES TIME
Founders Of Flipkart Sachin And Binny Bansal Used To Sell And Deliver Books Themselves In 2007. Now Their Networth is over $1.5 Billion And their Product valuation's Over $35 Billion!
Too many funding announcements today.
This week is going to be big in terms of startup funding.
In May, Indian startups raised 1.3 billion dollars, the highest amount this year.
Do you think the funding winter for Indian startups is coming to a
In 2024, Indian startups raised approximately $12 billion, a 20% increase from the previous year, marking a recovery from the funding downturn of 2022 and 2023. This year saw 993 funding deals, with fintech, consumer services, and ecommerce leading t
Elon Musk's new AI start up xAI just raised $5 Billion for a valuation of $50 Billion
The Investment came from
1. Qatar Investment Authority
2. Valor Equity Partners
3. Sequoia Capital and
4. Andreessen Horowitz
Total raised amount by xAI = $11 Bil
What caused the sharp decline in valuations for ShareChat and hike both previously valued at over $3 billion and now below $1.5 billion in recent funding rounds?
ShareChat's failed wager on the Indian short-video space amid the TikTok ban has forced
See More
9 replies22 likes
Mahendra Lochhab
Content creator • 3m
According to DPIIT, after April 1, 2016, startups registered under Startup India have so far raised a total funding of $115 billion. Before 2016, this number was $8 billion.
The Indian startup ecosystem showed significant growth from 2023 to 2024. Total funding increased by 20%, reaching $12 billion in 2024, compared to $10 billion in 2023, marking a recovery from the previous year's downturn12. Notably, six new unicorns