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Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads. Despite having a good product onecard is spending huge capital to acquire new customers.

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

🚨🇺🇸 BREAKING: xAI SECURES $6 BILLION IN SERIES B FUNDING xAI raised $6 billion in Series B funding from top investors like Valor Equity Partners and Andreessen Horowitz. The funds will boost product launches, infrastructure, and R&D. Since its

India’s Unicorns and their valuations, a detailed list on Medial- 2024 1. Krutrim - AI: $1 billion 2. Ather Energy - Electric Vehicles: $1.4 billion 3. Perfios - FinTech (SaaS): $1.2 billion 4. Rapido - Ride-Hailing: $1.1 billion 5. Moneyview - Fi

Google's $23 B offer for Wiz may reignite interest in deals and exits for cybersecurity start-ups. Wiz's $23 B offer from Google is ~2x the valuation of their Series E and 46x their ARR. Series E in May 24 : $1 B raised at $12 B valuation ⏩Invest

Well, it seems as if Google is lagging in the Ai race! Google just announced it's ai model called Gemini but it's as popular as Internet explorer. If you talk about funding other ai companies, then while Microsoft have invested total of $13.5 Billi

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

🚨Amazon India reported operating revenue of about ₹222 billion , which was a significant increase from 2021 & 2022 (₹214.62 each year) ₹187 billion directly from marketplace services in 2022. ❓Why is it still not postive in profitability after offe

OpenAI is expected to face significant losses of approximately $44 billion before achieving profitability in 2029. A recent report from The Information sheds light on OpenAI's financial situation, revealing several key points: 1. OpenAI is unlikely

📌 More ex-military officials are becoming VCs as defense tech investment reached $35BThe gap between Silicon Valley and the Pentagon is closing as venture capitalists invest in defense tech startups, hiring veterans and ex-Department of Defense offi