Zerodha hit $1 Billion in revenue with approx 50% net Margin.
That's crazy. I was wrong about Zerodha although it has less users than Groww its financial numbers are increasing.
As you know how much Zerodha brothers are investing in startups ( re
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Anonymous 2
StealthĀ ā¢Ā 1m
They kept their focus on a sustainable business model rather than chasing valuation. Now, with the WTFund, they're sowing the seeds for future disruption, just like Info Edge. Pure genius
VISA isn't a credit card company.
They're the world's most profitable middleman:
No credit risk
No bank ownership
Just a 2.5% toll on $15.5T in yearly spending
Here's their perfect business :
1. Let these numbers melt your brain:
14T+ processed
Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth
Deepinder Goyal, founder and CEO of Zomato, has entered the billionaire dollar club as the value of his holdings in the foodtech firm surpassed Rs 8,400 crore.
With
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Harsh Dwivedi
Ā ā¢Ā
MedialĀ ā¢Ā 6m
1. Delhi-based battery-swapping startup Battery Smart is set to raise around INR 376.3 crore (approximately $45 million) in a Series B funding round.
2. Matel, an e-mobility startup, raised $4 million in a Series A funding round.
3. InstaAstro, a s
Summary of the Week:
1. Fundings: Indian startups cumulatively raised $260.1 Mn from 31 deals between April 15-20:
- An uptick in the investment activity across the ecosystem. Between April 15 and 20, startups cumulatively raised $260.1 Mn across 3
Top News of the Day:
1. Wedding services startup Meragi mops up $9.1 million in round led by Accel
2. Apple has used chips designed by Google instead of Nvidia for its new artificial intelligence (AI) software infrastructure, according to a researc
From Village Boy to Business Tycoon: The Rags-to-Riches Story of P.C. Mustafa, Founder of iD Fresh Food
The Beginning
Born in a remote village in Wayanad, Kerala, Mustafa's early life was marked by financial hardship. His father was a daily wage wo
1. Key Startup Funding Highlights Of The Week
- Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week
- Lightspeed, Peak XV and Elevation Capital backed multiple startu