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Topmate closed the month with a GMV of approximately ₹3 crore and 43,000 paid bookings. but what's GMV ? GMV" typically stands for Gross Merchandise Value (or Gross Merchandise Volume), and it's a metric commonly used in e-commerce and retail. It

Naukri parent Info Edge has made 9X growth on startup investments with an estimated gross internal rate of return (IRR) of 36%. In a letter to its shareholders, Info Edge disclosed that it has invested a total capital of INR 3,959.16 Cr via its plat

𝗛𝗼𝘄 𝗵𝗮𝘀 𝘁𝗵𝗶𝘀 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗲𝘃𝗼𝗹𝘃𝗲𝗱 𝗺𝗲𝗻'𝘀 𝗳𝗮𝘀𝗵𝗶𝗼𝗻 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮? Founded in January 2019 by Siddharth R. Dungarwal in Bengaluru, India. Started as a B2B model, shifted to D2C during the COVID-19 pandemic. Introduces n

Oyo, the hospitality startup, is pursuing a pre-IPO round at a $2.3 billion valuation, 80% below its 2019 peak of $10 billion. Fundraising: Targeting $80-90 million from HNIs, family offices, and smaller investors. Minimum investment reduced from $

Zepto, a leading player in the quick commerce space, has significantly reduced its cash burn and is approaching a $4 billion annualised gross order value (GOV), according to cofounder and CEO Aadit Palicha. “We’re getting close to $4 billion in annu

ONE INTERESTING OBSERVATION SERIES DAY #3 Notice the big difference in GROSS FIXED CAPITAL FORMATION between India and China's GDP, which represents investment in things like infrastructure, property, and machinery. China dedicates a whopping 43% o

AI startup Fractal announces strategic investment of $20 mn in Asper.ai AI startup Fractal, a global provider of enterprise AI solutions and services, today announced a $20 million strategic investment in one of its product companies, Asper.ai, a pur

The Adani One superapp soared to a GMV of Rs 750 crore in FY24, marking a monumental achievement since its December 2022 launch. With a user base of 30 million by FY24's end, it eyes connecting with 400 million users by 2030 across Adani portfolios

Telegram valued at $30 billion and recently achieved profitability, with total revenue exceeding $1 billion in 2024, operates with a linear workforce of only 30 employees (primarily engineers) and no HR's. Founded by Pavel Durov and Durov personally