Beyond the Listing Bell: Tracking Key Metrics of Startup Tech Stocks

Since the IPO boom of 2021, Indian startups have increasingly opted for public listings, shifting focus from unicorn status. Only two new unicorns emerged in 2024 compared to 47 in 2021, with 26 tech startups raising over Rs 64,000 crore via IPOs since 2021. These IPOs provide financial stability, wealth creation for investors, and inspiration for other startups. Notable IPOs include Paytm, Nykaa, and PolicyBazaar. The trend continues with companies like Ola Electric and FirstCry planning IPOs. Despite challenges, startups emphasize profitability and realistic valuations to attract investors, contributing to India’s economic growth and innovation.

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https://thekredible.com/blogs/beyond-the-listing-bell-tracking-key-metrics-of-startup-tech-stocks

BluSmart raising $24 Mn in pre Series B

BluSmart Mobility, an EV ride-hailing and charging hub operator, is raising Rs 200 crore ($24 million) in a pre-Series B funding round by issuing over a million preference shares. This capital-intensive company, founded in 2019, operates 4,400 EV chargers and 7,000 vehicles, competing with Ola and Uber with a unique scheduled pick-up model. Despite significant revenue growth, from Rs 160 crore in FY23 to Rs 390 crore in FY24, audited financials are pending. BluSmart is also expanding to Dubai.

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https://entrackr.com/2024/05/blusmart-raising-24-mn-from-existing-investors/

DP World 2023 revenue up 7%

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https://www.logupdateafrica.com/shipping/dp-world-2023-revenue-up-7-1351536