BluSmart raises $24 Mn from existing investors, founders and leadership team

BluSmart Mobility, an EV ride-hailing service and charging infrastructure operator, raised $24 million in an equity round with over-subscription from existing investors, founders, and leadership. The company, challenging Ola and Uber, operates over 4,000 EV chargers across 34 hubs in Delhi-NCR and Bengaluru. With plans to scale its fleet to 8,000 EVs, BluSmart reported crossing $50 million in annual revenue run-rate, growing over 100% YoY, despite losses increasing to Rs 65.4 crore in FY22 as per TheKredible.

#Entrackr #Fintrackr #BluSmart #Startups #StartupNews #News #thekredible #IndianStartups

https://entrackr.com/2023/12/blusmart-raises-24-mn-from-existing-investors-founders-and-leadership-team/

BookMyShow posts Rs 1,026 Cr income and Rs 85 Cr profit in FY23

BookMyShow is an outlier and its comeback after the pandemic sets the company apart from other late-stage firms. During the pandemic (FY21), the firm’s revenue nose-dived to Rs 74 crore as multiplexes and other offline entertainment shows were restricted but it bounced back with a staggering 13X growth in the last two fiscal years (FY22 & FY23) and also posted a hefty profit in the fiscal year ending March 2023. BookMyShow’s revenue from operations surged 3.5X to Rs 976 crore in FY23 from Rs 277 crore in FY22, its consolidated financial statements sourced from the Registrar of Companies show.

#Entrackr #Fintrackr #Bookmyshow #Startups #StartupNews #News #IndianStartups

https://entrackr.com/2023/12/bookmyshow-posts-rs-1026-cr-income-and-rs-85-cr-profit-in-fy23/

GlobalBees witnesses revenue of Rs 36 Cr, losses hit Rs 30 Cr

The company, valued at Rs 8666 crore, earned ₹ 36.26 crore in revenue in FY22, of which 50% came from operations. There was a loss of Rs 30.08 crore and expenses of ₹ 66.31 crore. Employee perks accounted for more than 30% of its annual expenses. Globalbees reported an EBITDA margin of -52.39% and an ROCE of -0.97% for the same financial year.

#thekredible #globalbees #startup #news

https://thekredible.com/blogs/globalbees-witnesses-revenue-of-rs-36-cr-losses-hit-rs-30-cr

Ustraa reports Rs 100 Cr revenue and Rs 40 Cr loss in FY23

Men’s grooming startup Ustraa was acquired by Carlyle-owned wellness and beauty company VLCC at a 40% valuation cut in July this year. The company grew decently in terms of scale but its losses continued to widen in FY23. While we will look at its expenses and losses in the second half of the story, for now let’s look at its avenues of revenue and their growth.
Ustraa’s revenue from operations grew by 47% to Rs 97 crore in FY23, according to its annual financial report with the Registrar of Companies.

#Ustraa #Entrackr #Fintrackr #Startup #StartupNews #News #Carlyle

https://entrackr.com/2023/11/ustraa-reports-rs-100-cr-revenue-and-rs-40-cr-loss-in-fy23/

TheKredible - Discover the market intelligently

The Kredible is a data platform that crunches critical numbers of Indian startups across domains such as e-commerce, fintech, healthcare, edtech among others. Our goal is to provide company insights and data for anyone to filter noise and evaluate startups solely through numbers.

#thekredible #data #insight #startup #news

https://thekredible.com/

Funding and acquisitions in Indian startups this week [2-7 Oct]

This week, 14 Indian startups raised about $128 million. E-commerce-focused packaging company Bizongo made the headlines this week for raising the largest funding of this week and soon after laying off around 15% of its workforce. E-commerce roll up startup Mensa Brands and EV infrastructure and Software Company Bolt. Earth were the only other two firms which raised funding in double digits this week.

#WeeklyFundingReport #Entrackr #News #StartupNews #Funding #Acquisitions #Startup

https://entrackr.com/2023/10/funding-and-acquisitions-in-indian-startups-this-week-2-6-oct/

XpressBees acquires courier firm Trackon

XpressBees has acquired the logistics and supply chain firm, Trackon. The deal also marks the first acquisition for the e-commerce-focused logistics startup since its inception in 2015. Last month, Entrackr exclusively reported about the development.

#XpressBees #Startup #news #fintrackr

https://entrackr.com/2023/08/xpressbees-acquires-courier-firm-trackon/

Donating Blood for the 50th Time | Thefacteye

In today’s selfish world where people are adversary to each other, at the same time few people are donating blood for unknown, to save their life. One example to this is Dr. Raj Kumar Insan from Kendu, who made his half century in donating blood for serving the needy.

Read more as:- https://thefacteye.com/donating-blood-for-the-50th-time/

#BLOOD DONATION
#BLOOD PUMP
#MOST BLOOD DONATED
#NEED URGENT BLOOD
#WELFARE WORK
#HEALTH
#NEWS & MEDIA

30 दिनों की परोल: बरनावा आश्रम में पहुंचे सच्चे समाजसेवी संत गुरमीत राम रहीम सिंह जी इंसा | Thefacteye

सच्चे संत फकीर की असली पहचान उनके कर्म और विचारों से होती है | संत गुरमीत राम रहीम सिंह जी इंसा जैसे ही 30 दिनों की परोल पर अपने आश्रम में आए उन्होंने भगवान से प्रार्थना करी

Read more as:- https://thefacteye.com/parole-for-30-days-barnawa-ashram-ram-rahim-ji/

#BARNAWA
#FLOOD
#FLOOD2023
#PAROLE
#SAINT DR MSG
#SIRSA NEWS
#NEWS & MEDIA

Easebuzz’s scale doubles to Rs 230 Cr in FY23; remains profitable

Easebuzz, a company in the payments infrastructure industry, said it doubled its operating scale during FY23, and it appears that the Payment Aggregator license it acquired in August 2022 may have been a key factor in this expansion.

#Startup #News #Easebuzz’s #Fintrackr #StartupNews

https://entrackr.com/2023/07/easebuzzs-scale-doubles-to-rs-230-cr-in-fy23-remains-profitable/