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Peak XV's decade long Porter wager turns into a 11x exit. Last week → 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

SolarSquare’s Losses Surge Despite Revenue Growth in FY24 Rooftop solar provider SolarSquare saw a 63.5% YoY revenue growth in FY24, reaching ₹175 crore. However, its losses jumped 2.3X to ₹69 crore due to rising costs. Revenue from operations grew

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

This year - IPO fundraise has picked up pace with 60 companies listing so far and raising ₹63,985 crore (+29% over 2023). 📄SEBI's report on Investor Behaviour in IPOs is an interesting reveal - - High Flipping Rate: Overall around 54% of IPO shares

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

Unique Startup Stories (12/20) Meet DeHaat, a $600 Million Agritech startup from Patna. About It • It was Founded by Amrendra Singh and Shashank Kumar in Patna, Bihar in 2012. • It provides quality agricultural resources, financial support, and a m

🛍️ 60% of Bharat shoppers still prefer COD over digital payments PayPe raised ₹15 Cr to simplify UPI for low-trust users What's broken? ❌ Fear of online fraud ❌ Complex UPI onboarding ❌ COD leads to high return rates What PayPe is building: 📲 1-

Info Edge just dropped ₹300 CR into its own startup subsidiary, SIHL 🌝 That’s 3 crore CCDs at ₹100 each all convertible within 10 years. SIHL hasn’t shown turnover in the past 3 years, but that’s not the point. This isn’t just about past performanc

Top News of Today: (9th October) 1) ShareChat Launches Social Media App ‘Vibely’ 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)

Growth hides flaws. Crisis shows if you really have a business. That’s exactly what happened with Fittr. During COVID, Fittr became the poster child of India’s online fitness boom. Revenue soared from ₹58 Cr to ₹90 Cr. Investors rushed in. But beh