Zepto is playing it smart before the IPO!
Raising โน1,500 Cr ($175M) debt from Edelweiss Alternatives & others
โก๏ธ Buying back foreign shares to boost Indian ownership.
โก๏ธ$5B valuation
โก๏ธFounders upping stake from 18% to 20%
๐ฐ$4B GOV
IPO filing by
Share valuation just dropped by > 60%. From 5B to 2B. Goes to show that you canโt make money (yet) from tier 2 and tier 3 India even if you have a lot of users.
8 replies20 likes
Sunil Huvanna
Building AI Applicat...ย โขย 8m
Ilya's 3 months old SSI AI startup getting 1B$ Funding at 5B$ Valuation just simply shows the extreme strength of US VCs and their intense rational on investing on tech & talents. As SSI is just a concept with not even a single line of code in produc
Saudi Arabiaโs First Net-Zero AI Factory is Coming!
NEOM & DataVolt are teaming up to build the regionโs first sustainable AI factory in Oxagon, powered by 100% renewable energy!
With a $5B investment, this 1.5GW green AI hub will redefine sustain
if you are the saas founder you should not miss !
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โ Privacy Policy.
โ Company Mascot.
โ Articles.
โ Ooh, and... what else guys ??
1 replies3 likes
SamCtrlPlusAltMan
ย โขย
OpenAIย โขย 8m
OpenAI's Massive Funding Round
OpenAI, the AI powerhouse, is making big moves:
โข Raising $6.5B at a whopping $150B valuation ๐
โข Nearly doubling previous $86B valuation
โข Seeking $5B credit line from banks ๐ฆ
Who's in?
โข Thrive Capital leading
โข