Latest Startup l Technology News | Entrackr
WEB3 days ago · Coding Ninjas’ revenue remains flat in FY24; expenses cross Rs 100 Cr. Entrackr is an independent voice on Indian Internet economy. We offer latest technology news as well as business news. Apart from news, we provide actionable insight to entrepreneurs across sectors including e-commerce, content, fintech among others.
Amazon acquires social commerce startup GlowRoad
WEBApril 22, 2022. News. Amazon finally has stakes in the social commerce space in a bid to compete with both Meesho and Flipkart. The e-commerce giant has acquired social commerce platform GlowRoad—a company that lets people resell products from suppliers for a commission on sales. An Amazon spokesperson confirmed the acquisition to …
Reports - Entrackr
WEBEntrackr reports assist you to interpret the trends in Indian tech startup ecosystem. Be it fundings or investments, industry deep down, ESOPs trends, Entrackr reports are the most trustworthy source of information. Funding and acquisitions in Indian startups this …
boAt posts Rs 2,873 Cr revenue in FY22, profit dips 20% - Entrackr
WEBJan 19, 2023 · The company registered over 2X growth in its scale for two consecutive fiscal years: FY21 and FY22. But the firm’s profit dipped 20% in FY22 as cost of procurement outpaced its revenue growth. boAt’s revenue from operations shot up 2.2X to Rs 2,873 crore during the fiscal year ending March 2022 as opposed to Rs 1,314 crore in FY21 ...
OLX India maintains profitability in FY21, but conditions apply
WEBDec 10, 2021 · Overall, profits of the company in FY21 have been similar to FY20. It recorded a dip of 1% to Rs 22.65 crore in FY21 from Rs 22.9 crore in FY20. Cash inflows of OLX India took a leap of 103% to Rs 27.54 crore in FY21 from Rs 13.53 crore in the previous fiscal year (FY20). On a unit level, the company has spent Rs 0.87 to make a …
Zepto’s revenue grows 14X to Rs 2,024 Cr in FY23, losses up by 3X
WEBOct 26, 2023 · The Mumbai-based company’s losses also surged more than three-fold during the last fiscal year. With a 14-fold growth, Zepto registered Rs 2,024 Cr in revenue in FY23. The company posted Rs 142.36 crore revenue in FY22 with losses of Rs 390 crore. In FY23, losses widened to Rs 1,272 crore. “We are heads down executing today.
Funding and acquisitions in Indian startup this week [19 - 24 Aug]
WEBAug 24, 2024 · Funding and acquisitions in Indian startup this week [19 – 24 Aug] Shashank Pathak & Md Salman Ashrafi. August 24, 2024. Report, Weekly Funding Report. During the week, 21 Indian startups raised around $144.46 million in funding. These deals count 5 growth-stage deals and 13 early-stage deals while 3 early-stage startups kept their ...
News - Entrackr
WEBEntrackr covers all important developments of the Indian startup ecosystem right from funding to merger & acquisitions, consolidations, shutdowns & layoffs among others. News Section gives you a 360 degree view on the status quo of the ecosystem.
FINTRACKR | Entrackr
WEBFintrackr enables you to access the financial performance of startup poster boys, unicorns, and category leaders at one place. Besides, it also gives you funding rounds, ESOP allocation, and the changing track of companies
Lenskart is EBITDA profitable with Rs 3,788 Cr revenue in FY23
WEBApr 25, 2024 · Lenskart has raised over $1.6 billion to date and was last valued at $4.5 billion in its last fundraise of $100 million in June last year. According to the startup data intelligence platform TheKredible, Softbank is the largest external stakeholder followed by Premji Invest and Kedaara Capital.As per Fintrackr’s estimates, its enterprise value to …