Latest Startup l Technology News | Entrackr
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.
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 ...
The landscape of EV startups in India: Entrackr report
WEBSep 28, 2022 · As per the report by Ernst & Young, India’s electric vehicle industry attracted massive investments of about $6 billion in 2021 and is projected to attract $20 billion by 2030. To put that in context, the passenger car market was valued at $32.70 billion in 2021, and is expected to reach a value of $54.84 billion by 2027.
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 …
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 …
Unpacking BharatPe’s latest round and ownership structure
WEBAug 26, 2021 · According to Fintrackr’s estimates, BharatPe has raised the fresh round at a post-money valuation of $2.9 billion. Current shareholding structure of BharatPe. Following the allotment of fresh shares, Sequoia has emerged as the largest stakeholder in BharatPe with 18.58% stake followed by Coatue, Ribbit, Grace Software Holding and Beenext ...
Sugar Cosmetics posts Rs 222 Cr revenue in FY22, losses ... - Entrackr
WEBDec 5, 2022 · Even though its topline grew, Sugar seems to have missed its projected revenue of Rs 300 crore for FY22 by a significant margin. Collection from the sale of cosmetic and beauty products surged 75.6% to Rs 221.8 crore in FY22 from Rs 126.34 crore in FY21. The company collected Rs 3 lakh as export incentives.
Cult.fit scales 3X in FY23, losses declines 20% - Entrackr
WEBNov 4, 2023 · The three-fold growth and controlled expense management helped cult.fit to reduce its losses by 20% to Rs 551 crore in FY23 from Rs 688 crore in FY22. Its ROCE and EBITDA margin improved to -17% and -18% respectively in FY23. On a unit level, it spent Rs 2.15 to earn a unit of operating revenue. Caveat: …
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 revenue multiple stood at 2.8X in FY23.