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Medialย โขย 8m
Top News of the Day: 1. Karnataka is set to host the Invest Karnataka 2025โGlobal Investors Meet, expecting Rs 10 lakh crore in investment commitments. 2. Triton Investment Advisors, an early-stage venture capital firm in Mumbai, announced the first close of its second fund, raising Rs 120 crore, half of its Rs 240 crore ($28 million) target. 3. Saudi Arabia-based Suhail Ventures, founded last year, has initiated a $50 million fund aimed at supporting early-stage, tech-focused startups within the country and the broader Middle East region. 4. BorderPlus, a new-age cross-border workforce mobility platform, has raised Rs 60 crore ($7 million) in a funding round led by Owl Ventures, and participation from entrepreneurs including Binny Bansal, Mi 5. Voler Car Limited is set to launch its SME initial public offering (IPO) on February 12, 2025, aiming to raise Rs 27 crore (approximately $3.2 million). 6. Fintech startup Rupeeflo has raised $1 million in funding in a pre-seed round led by Piper Serica Angel Fund. 7. Finnableโs board has approved a special resolution to issue 92,831 preference shares at an issue price of Rs 3,290.95 each, raising Rs 30.55 crore, according to its regulatory filing accessed from the RoC. 8. While the Reserve Bank of India (RBI) tightens regulations around the peer-to-peer (P2P) lending space, with the impact expected to be seen in FY25 and FY26, the sectorโs poster child, LiquiLoans, has experienced 3.4x growth in the fiscal year ending March 2024. 9. Nykaa posts Rs 2,267 Cr revenue in Q3 FY25, profit soars 52% 10. Finvolve, a venture capital firm, plans to invest Rs 300-350 crore in 2025, targeting 40-45 startups across various stages, including seed, pre-seed, and growth. 11. Cheese products company Crรจmeitalia raised Rs 18 crore in Series A funding, led by Amit Jatia Family Office, to scale operations and distribution. 12. Tracxn profit drops 36% in Q3 FY25 amid flat revenue The stagnant revenue and a nearly 10% increase in overall costs caused Tracxn's profits to drop significantly by 36%, falling to Rs 1.41 crore in Q3 FY25 from Rs 2.21 crore in Q3 FY24. 13. The Unified Payments Interface (UPI) achieved a significant milestone in January, processing nearly 17 billion transactions valued at Rs 23.48 lakh crore. 14. Motilal Oswal Alternates (MO Alts), the private equity division of Motilal Oswal Financial Services, is reportedly leading the initiative to invest in a local fizzy drink brand. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.
Hey I am on Medialย โขย 8m
MobiKwik Acquires 3.39% Stake in Blostem Fintech One MobiKwik Systems is acquiring a 3.39% stake in Blostem Fintech for Rs 1.49 crore as part of the second tranche of a share subscription agreement. Earlier, MobiKwik invested Rs 1.5 crore in March 2
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Trying to do betterย โขย 1y
Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la
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Hey I am on Medialย โขย 9m
Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R
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Hey I am on Medialย โขย 9m
Revenue Breakdown of Quick Commerce Companies (Q3 FY25)! โข In Q3 FY25, Zomato reported โน5,405 crores in revenue with a net profit of โน59 crores, which fell by 57.3% compared to Q3 FY24. โข Meanwhile, Blinkit independently reported โน1,399 crores in r
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Building WelBe| Entr...ย โขย 8m
Rapido announces first ESOP liquidity program Ride-hailing firm Rapido has announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation program for its current and former employees. Through this initiative, employees are eligible to
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Hey I am on Medialย โขย 8m
๐ก๐๐ธ๐ฎ๐ฎ ๐๐ ๐๐ผ๐บ๐ถ๐ป๐ฎ๐๐ถ๐ป๐ด ๐๐ป๐ฑ๐ถ๐ฎโ๐ ๐๐ฒ๐ฎ๐๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐! โข In Q3 FY25, Nykaa reported a profit of โน26 crore and revenue of โน2267 crore, marking a 27% increase compared to Q3 FY24. โข The beauty segment contributed 90% of the re
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Dexter Capital Advisorsย โขย 1y
3k crore of taxpayer money burnt in the last two years ๐๐ And Modi Govt is set to burn another Rs 1.2k crore in FY25 for what is clearly another Air India in the making. For what? And worse, this time, there may be no buyers either. .. FY23: Go
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Hey I am on Medialย โขย 1y
๐ฅณ๐คฏ The government of Uttar Pradesh has received proposals for projects totalling around Rs 40,038 crore under its new policy to incentivise semiconductor manufacturing and attract global investments in the state, its investment promotion agency Inv
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