Indian startups raised over $25 Bn in 2022: Entrackr Report

Even as 2022 included what many have called a funding winter for startups, it still ended on an optimistic note as Indian tech companies managed to raise over $25 billion in 12 months. While this was a significant drop from the blockbuster funding of $38 billion in 2021 when the ecosystem broke all records in terms of fundraising and minting unicorns,
#Indianstartups #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding

https://entrackr.com/2023/01/indian-startups-raised-over-25-bn-in-2022-entrackr-report/

Gameberry’s scale and profit dip in FY22
Gameberry’s revenue from operations shrank 6.5% to Rs 259 crore in FY22 from Rs 277 in the previous fiscal year (FY21), according to its annual financial statement with the Registrar of Companies (RoC).
#Gameberry #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/12/gameberrys-scale-and-profit-dip-in-fy22/

Wingify nears Rs 200 Cr revenue and Rs 60 Cr profit in FY22

Bootstrapped SaaS firm Wingify continued its momentum in FY22 with strong unit economics as the Delhi-based company’s revenue reached close to the Rs 200 crore mark.

#Wingify #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/11/wingify-nears-rs-200-cr-revenue-and-rs-60-cr-profit-in-fy22/

Adda247 to raise $35-40 Mn from WestBridge, Google and others
Edtech startup Adda247 is in its final leg to raise $35-40 million in a new round from new and existing investors. This will be the second funding round for the Gurugram-based startup within a year.

#Adda247 #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/09/exclusive-adda247-to-raise-35-40-mn-from-westbridge-google-and-others/

Upstox founder’s startup Rain Platforms to raise new round

Rain Platforms, a company founded by Upstox founder Raghu Kumar and AGacquisitions founder Harsh Agarwal, builds, owns and operates socially enabled investing and trading platforms at the intersection of fintech and gaming.

#Upstox #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/09/upstox-founders-startup-rain-platforms-to-raise-new-round/

Funding and acquisitions in Indian startups this week [01 Aug-06 Aug]

This week, 29 Indian startups raised funding, of which 22 received a total of about $174 million. Bizongo and Xpressbees (via secondary deal) were the top fundraisers which scooped up $25 million and $24.7 million respectively. Last week, 30 homegrown startups raised funding worth about $172 million.

#Fundingnews #MFine #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/08/funding-and-acquisitions-in-indian-startups-this-week-01-aug-06-aug/

Rupeek set to raise $50 Mn at a flat valuation
Online gold loan platform Rupeek appears close to mopping up fresh capital from existing backers. The Bengaluru-based company is in late-stage talks to raise more capital in an extended Series E round.
#Rupeek #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/07/exclusive-rupeek-set-to-raise-50-mn-at-a-flat-valuation/

Rohit Kapoor, Global CMO of OYO has quit to Join Swiggy
OYO’s head of marketing Rohit Kapoor has quit the company following four years, according to three people with knowledge of the specifics. “Kapoor has already quit OYO and is currently serving his notice,” said one of the sources who requested anonymity. “He’s probably to be released from his duties at OYO in August.”
#OYOStartupNews #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding
https://entrackrnews.wordpress.com/2022/07/22/rohit-kapoor-quit-oyo-to-join-swiggy/

Slice raises $50 Mn in a new round led by Tiger Global

Japanese investor GMO Venture Partners is a new investor to join this round, said the company in a press statement. While the company didn’t disclose any further details about this round, Entrackr has decoded the round split, valuation et al through its regulatory filings.

#Slice #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

https://entrackr.com/2022/06/slice-raises-50-mn-in-a-new-round-led-by-tiger-global/