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WEBHomeLane to acquire DesignCafe, secures Rs 225 Cr funding. 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.
Lenskart’s FY21 revenue growth stalls, profit soars 4.6X - Entrackr
WEBFeb 17, 2022 · Even with flat revenue during FY21, the company has managed to increase annual profits by nearly 4.6X to Rs 28.92 crore in the fiscal year as compared to Rs 6.32 crore booked during FY20. This is due to the 83.5% growth in the non-operating income generated by the company during the last fiscal. While …
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 ...
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 revenue multiple stood at 2.8X in FY23.
Unacademy’s revenue and losses surge over 6X in FY21 - Entrackr
WEBNov 22, 2021 · Its total annual expenses ballooned 4.5X to Rs 2,030 crore in FY21 from Rs 452 crore spent in FY20. On a unit level, Unacademy spent Rs 5.1 to earn a single rupee of revenue during FY21. As a result, the EBITDA margin for the growth stage company stood at -320.3% while annual losses have ballooned nearly 6X to Rs 1,537.5 crore during FY21.
The story of PrepLadder: From $625 investment to a $50 Mn
WEBJul 7, 2020 · The acquisition of PrepLadder by Unacademy has brought to notice a company that has been under the radar for the last two years. Tucked away in Chandigarh, far from the bustle of Bengaluru’s startup ecosystem, PrepLadder stayed away from everyone’s gaze and built a platform that offers preparation material for medical PG and Foreign Medical Graduates Examination (FMGE).
Medical tourism company Global Care raises $3 Mn - Entrackr
WEBSeptember 2, 2024. Snippets. Non-hospital medical tourism company Global Care has raised $3 million in Series A funding round led by 35North India Discovery Fund – II. The funds will be used to build clinical excellence through strategic consulting and facilitating convenient access to patient care, Global Care said in a press release.
Travel-tech startup Ziptrrip raises pre-seed round - Entrackr
WEBAug 12, 2024 · Snippets. Travel-tech SaaS startup Ziptrrip has raised Rs 2 crore in a pre-seed funding round from angel investors including Anil K Jha, Prantik Dasgupta, and others. The new proceeds will be deployed towards market expansion, enhance its team-building efforts and drive continuous product innovation, Ziptrrip said in a press release.
Info Edge, Pi Ventures lead Clean Electric’s Series A round - Entrackr
WEBAug 30, 2024 · Clean Electric has raised around $9 million to date including its $2.2 million seed funding led by Climate Angles and Kalaari Capital in 2022. According to the startup data intelligence platform TheKredible, Kalaari Capital is the largest external stakeholder with 20.7% followed by Info Edge and Pi Ventures which …
Exclusive: Gaana acquired by Radio Mirchi’s parent for Rs 25 lakh
WEBAug 10, 2024 · Significantly, Gaana was acquired for Rs 25 lakh, as per ENIL’s filings with the National Stock Exchange (NSE). ENIL is promoted by Bennett Coleman, and operates popular FM radio brand ‘Radio Mirchi’. For context, Gaana raised over $200 million in its lifetime, and was last valued at around $580 million, according to Entrackr’s data.