Ott platform Ullu Digital's PAT (profit after tax) has decreased by 16% to ₹12.68Cr in FY24.
Ullu's IPO is going to come in 2025.
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Vishu Bheda
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Now that's great!!
PhysicsWallah shortlists 4 i-banks for $400- $500 million IPO in 2025.
Report => Moneycontrol
=> Set to become the first edtech unicorn to list on the stock exchange with profitability
=> It anticipates reaching Rs 2,000 Cr rev
LOL
Same story of all startups waanna be listed on BSE , NSE.
Don't give a shit about profit until want to go public.
Do profit before a year or two wanted to do IPO.
OYO has reported a profit after tax of nearly INR 100 crore ($12 million) for fisc
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Ashish Singh
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🤯Lenskart is planning to go public by the end of 2025, targeting a valuation of $7-8 billion. The company aims to raise $750 million to $1 billion through its IPO. Despite reporting a minor loss of ₹10 crore on revenues of ₹5,427 crore in FY24, Lens
Lenskart IPO Also Coming Soon!
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⇛ OYO secures $450M, will to refill IPO 💼
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Companies that don't catch many eyeballs or seem flashy are often the ones making money.
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Harsh Dwivedi
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Top News of the Week:
1. Funding:
- On a weekly basis, startup funding jumped 234.27% to $449.33 million as compared to around $134.42 million raised during the previous week.
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🤯As of January 5, 2025, here are the updated valuations for some of India's top startups:
-- 🚀Byju's: Approximately $21 billion.
-- 🚀Flipkart: Valued at around $37.6 billion; acquired by Walmart.
--🚀Paytm: Approximately $16 billion.
--🚀Ola: