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 ๐ฅ
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
Sanskar
Keen Learner & Explo...ย โขย 4m
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
The Indian toy market is estimated to be worth around $1.5 billion to $3 billion.
0 replies3 likes
Karan
It's Never Too Lateย โขย 1m
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!
๐จ Zepto To Raise Over $340 Million at Massive $5 Billion Valuation
Raised Around $1 Billion in The Last 60 Days
Valuation Also Skyrocketed From $1.4 Billion in August 2023 To $5 Billion in August 2024
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
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 creatorย โขย 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.
1 replies2 likes
Ashish Singh
Finding my self ๐ถโ๏ฟฝ...ย โขย 3m
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
See More
3 replies3 likes
Vishu Bheda
Transforming vision ...ย โขย 11m
Funding Raised By Indiaโs Spiritual Tech Startups in the Last 12 Months
โข AppsForBharat : $15-20 Mn (In Talks)
โข AstroTalk : $20 Mn
โข InstaAstro : $2.3 Mn
โข Vama : $1.5 Mn
โข DevDham : $720K
โข Melooha : $635K
โข Utsav : $240K
India has Very Big Marke