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Peak XV's decade long Porter wager turns into a 11x exit. Last week โ Porter raised $200 M in Series F. - Peak XV fully exited. Initially invested in a Series A in 2005, with follow-ons in Series B and C. i). As per reports, Porter held an
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SolarSquareโs Losses Surge Despite Revenue Growth in FY24 Rooftop solar provider SolarSquare saw a 63.5% YoY revenue growth in FY24, reaching โน175 crore. However, its losses jumped 2.3X to โน69 crore due to rising costs. Revenue from operations grew
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In China, a smart bed has been released that changes shape through voice commands. Xiaomi's smart bed can be fixed in eight different positions, allowing the user to do yoga, read books, watch TV, and much more. The back can move within a range of 6
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This year - IPO fundraise has picked up pace with 60 companies listing so far and raising โน63,985 crore (+29% over 2023). ๐SEBI's report on Investor Behaviour in IPOs is an interesting reveal - - High Flipping Rate: Overall around 54% of IPO shares
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Unique Startup Stories (12/20) Meet DeHaat, a $600 Million Agritech startup from Patna. About It โข It was Founded by Amrendra Singh and Shashank Kumar in Patna, Bihar in 2012. โข It provides quality agricultural resources, financial support, and a m
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This statement is misleading. The post that was quoted is right. In 2023, Android held a share of 95.17 percent of the mobile operating system market in India. This was followed by Apple's iOS, a distant second, with 3.98 percent market share. Andro
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Antfin, an affiliate of Alibaba Group, is reportedly set to sell 18.8 Cr shares of foodtech major Eternal in a block deal worth around INR 5,375 Cr (about $613 Mn). This comes a day after the investor exited fintech major Paytm. Citing sources, CNBC
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Info Edge just dropped โน300 CR into its own startup subsidiary, SIHL ๐ Thatโs 3 crore CCDs at โน100 each all convertible within 10 years. SIHL hasnโt shown turnover in the past 3 years, but thatโs not the point. This isnโt just about past performanc
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Top News of Today: (9th October) 1) ShareChat Launches Social Media App โVibelyโ With Private Calling Feature 2) Zinka Logistics, the parent company of BlackBuck, reduced its losses by 33% to Rs 193.9 crore in FY24 compared to the previous year. 3)
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