Moneyview set to turn unicorn in Series F round Bengaluru-based Moneyview is nearing unicorn status as it finalizes a new funding round of $50-60 million from new and existing investors, including Apis Partners and Accel. This Series F round will push the company's valuation over $1 billion. Moneyview, which offers personal and home loans, credit cards, and loans against property, has raised nearly $190 million to date. The company's revenue grew 2.6x to Rs 577 crore in FY23, with profits surging 27x. Moneyview is also set to acquire a mid-stage fintech company. #Moneyview #Entrackr #Fintrackr #News #StartupNews #IndianStartup #UnicornStartup #Fintech #InvestmentNews #FundingRound #StartupGrowth #StartupFunding UnicornJourney #InvestorNews https://entrackr.com/2024/07/exclusive-moneyview-set-to-turn-unicorn-in-series-f-round/

Awign bags $24.5 Mn in series C, Mynavi now holds 73% stake Awign has raised Rs 203.5 crore ($24.5 million) from Japan’s Mynavi Corporation, now holding a 73% stake. The funds were raised by issuing 11,485 Series C CCPS at Rs 1,77,206 each. Mynavi also bought back shares from existing investors, valuing Awign at Rs 828 crore ($100 million). Founded in 2016, Awign aids enterprises with outcome-based execution and has shown financial growth in FY23, doubling its revenue to Rs 134.35 crore. The HR tech funding space saw a decline to $90 million in 2023. #Entrackr #News #Startup #IndianStartup #Awign #StartupFunding #InvestmentNews #Entrepreneurship #TechNews https://entrackr.com/2024/07/exclusive-awign-raises-24-5-mn-mynavi-now-controls-73-stake/

Uber India's Losses Decline 35% in Fiscal Year 2022 Uber India's ride-hailing business saw decent growth in FY22, with its collection from the vertical reaching Rs 388 crore. However, the company's revenue for providing support services to group companies decreased by 87.7% to Rs 8.72 crore during the same period. #Uber #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding https://entrackrnews000.blogspot.com/2022/12/uber-indias-losses-decline-35-percent-in-2022.html

Paytm Mall Records Rs282 Cr Revenue and Rs142 Cr Loss Revenue from Paytm Mall grew 85.3% to Rs 139.9 cr. Commission collected from merchants and sellers for providing platform services accounted for 45% of the total collection during FY22, which declined 27% to Rs 126.9 cr from the preceding year's revenue of Rs 12.7 cr. #Paytm #PaytmMall #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding https://entrackrnews000.blogspot.com/2022/11/paytm-mall-records-rs282-cr-revenue-and-rs142-cr-loss.html

Wakefit posts Rs 637 Cr revenue in FY22, losses spike 2.8X Mattress, pillow, and furniture brand Wakefit has grown at a rapid clip since its inception in 2016. Its growth story could also be validated from its scale in the past four fiscal years which grew over 8X to Rs 633 crore in FY22 from Rs 73 crore in FY19. #Wakefit #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackr.com/2022/10/wakefit-posts-rs-636-cr-revenue-in-fy22-losses-spike-2-8x/

LeadSquared's Revenue Hits Rs 200 Cr in FY22, Losses Jump 5.4X LeadSquared, a software as service (SaaS) platform, has become a unicorn after it raised $153 million through a Series C financing round with WestBridge Capital and existing investors in June 2022. #LeadSquared #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding https://entrackrnews000.blogspot.com/2022/10/leadsquareds-revenue-hits-rs-200-cr.html

Fast Food Chain Wow! Momo Raises $16 Million in Series D Wow! Momo is a quick service restaurant chain, provides everything related to momos only like momo-filled burgers and its desserts also. The startup has raised $16 million in a round led by Tree Line Investment Management #WowMomo #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackrnews000.blogspot.com/2022/09/wow-momo-raises-16-million-in-series-d.html

Mahindra Electric’s Op-Revenue Nears Rs 450 Cr in FY22, Losses Shrink 34% Mahindra Electric's revenues have grown rapidly in recent years on the back of the booming sales of electric vehicles in India. The company's revenues stood at Rs 450 cr in 2021, up from Rs. 204.41 crore in the previous financial year. #Mahindra #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackrnews.wordpress.com/2022/08/22/mahindra-electrics-op-revenue-nears-rs-450-cr-in-fy22-losses-shrink-34/

Tiger Global Leads $15 Mn Round in Jodo at $90 Mn Valuation Tiger Global Management, has led a $15 mn investment round in Jodo, a social media platform for businesses which was participated by existing investors Elevation Capital and Matrix Partners India. The investment values Jodo at $90 million. #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackrnews000.blogspot.com/2022/08/tiger-global-leads-15-mn-round-in-jodo.html

Top Benefits of Virtual Workspace You Must Know in 2022 A virtual workspace is a win-win for anyone looking for a cost-effective, flexible and comfortable business environment. The virtual workspace is the actual answer to the start-up workspace problem. Here are the top benefits of virtual workspace: #VirtualWorkspace #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding https://entrackrnews000.blogspot.com/2022/07/top-benefits-of-virtual-workspace.html