Entrackr is a new-age media platform for entrepreneurs, startups and technology enthusiasts. We cover technology startups and breaking developments around them with incisive analysis and deep insights on daily basis. We aim to empower entrepreneurs with the knowledge to make a positive impact on the overall tech-driven startup ecosystem. Entrackr provides all the information related to Tech Startup News, Upcoming Startups in India and the latest startup news at one platform.
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  • Flipkart to take on Zepto, Blinkit with quick commerce foray

    Flipkart will launch 10-15 minutes delivery in at least a dozen cities in the next six to eight weeks, It’s building up a chain of dark stores across several cities including Bengaluru, Delhi (NCR) and Hyderabad among others.
    Visit- https://entrackr.com/2024/03/exclusive-flipkart-to-take-on-zepto-blinkit-with-quick-commerce-foray/

    #Flipkart #Blinkit #Zepto #entrackr
    Flipkart to take on Zepto, Blinkit with quick commerce foray Flipkart will launch 10-15 minutes delivery in at least a dozen cities in the next six to eight weeks, It’s building up a chain of dark stores across several cities including Bengaluru, Delhi (NCR) and Hyderabad among others. Visit- https://entrackr.com/2024/03/exclusive-flipkart-to-take-on-zepto-blinkit-with-quick-commerce-foray/ #Flipkart #Blinkit #Zepto #entrackr
    ENTRACKR.COM
    Exclusive: Flipkart to take on Zepto, Blinkit with quick commerce foray
    Flipkart has started ramping up infrastructure for its quick commerce play, three sources aware of the details of the plan told Entrackr.
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  • Nikhil Kamath-backed Gruhas invests in Shark Tank fame Bummer

    Shark Tank fame direct-to-consumer (D2C) innerwear brand Bummer has raised Rs 9.25 crore led by Gruhas Consumer Fund along with the participation of Fluid Ventures Fund.
    Visit - https://entrackr.com/2024/03/exclusive-nikhil-kamath-backed-gruhas-invests-in-shark-tank-fame-bummer/
    #SharkTank #Bummer #investment #startupnews #entrackr
    Nikhil Kamath-backed Gruhas invests in Shark Tank fame Bummer Shark Tank fame direct-to-consumer (D2C) innerwear brand Bummer has raised Rs 9.25 crore led by Gruhas Consumer Fund along with the participation of Fluid Ventures Fund. Visit - https://entrackr.com/2024/03/exclusive-nikhil-kamath-backed-gruhas-invests-in-shark-tank-fame-bummer/ #SharkTank #Bummer #investment #startupnews #entrackr
    ENTRACKR.COM
    Exclusive: Nikhil Kamath-backed Gruhas invests in Shark Tank fame Bummer
    Bummer has raised Rs 9.25 crore led by Gruhas Consumer Fund along with the participation of Fluid Ventures Fund.
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  • Tata Digital-backed Cult.fit tops up Series F with $10 Mn funding

    Health and wellness platform Cult.fit (formerly Cure.fit) has scooped Rs 84.5 crore or $10.2 million in an extended Series F round led by existing backer Valecha Investments.

    #cultfit #tata #curefit #cult.fit #health #wellness #entrackr #news

    https://entrackr.com/2024/02/exclusive-tata-digital-backed-cult-fit-tops-up-series-f-with-10-m-n-funding/
    Tata Digital-backed Cult.fit tops up Series F with $10 Mn funding Health and wellness platform Cult.fit (formerly Cure.fit) has scooped Rs 84.5 crore or $10.2 million in an extended Series F round led by existing backer Valecha Investments. #cultfit #tata #curefit #cult.fit #health #wellness #entrackr #news https://entrackr.com/2024/02/exclusive-tata-digital-backed-cult-fit-tops-up-series-f-with-10-m-n-funding/
    ENTRACKR.COM
    Exclusive: Tata Digital-backed Cult.fit tops up Series F with $10 Mn funding
    Health and wellness platform Cult.fit (formerly Cure.fit) has scooped Rs 84.5 crore or $10.2 million in an extended Series F round
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  • Metalbook raises $15 Mn in Series A round

    Metalbook, a platform for the global metals supply chain, has raised $15 million in its Series A funding round led by Rigel Capital, with participation from FJ Labs, as well as existing investors, Axilor Ventures, Foundamental, Stride Ventures, Trifecta Capital, and others.

    #Metalbook #funding #fundingnews #startupnews #entrackr

    https://entrackr.com/2024/02/metalbook-raises-15-mn-in-series-a-round/
    Metalbook raises $15 Mn in Series A round Metalbook, a platform for the global metals supply chain, has raised $15 million in its Series A funding round led by Rigel Capital, with participation from FJ Labs, as well as existing investors, Axilor Ventures, Foundamental, Stride Ventures, Trifecta Capital, and others. #Metalbook #funding #fundingnews #startupnews #entrackr https://entrackr.com/2024/02/metalbook-raises-15-mn-in-series-a-round/
    ENTRACKR.COM
    Metalbook raises $15 Mn in Series A round
    Metalbook, a platform for the global metals supply chain, has raised $15 million in its Series A funding round led by Rigel Capital.
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  • Yatra churns profits in Q3 FY24, revenue crosses Rs 110 Cr

    Yatra’s revenue from operations grew 17.2% to Rs 110.3 crore in Q3 FY24 as compared to Rs 94.13 crore Q2 FY24, as per the firm’s consolidated financial results sourced from the National Stock Exchange.

    #Yatra #Revenue #Startup #News #Entrackr

    https://entrackr.com/2024/02/yatra-churns-profits-in-q3-fy24-revenue-crosses-rs-110-cr/
    Yatra churns profits in Q3 FY24, revenue crosses Rs 110 Cr Yatra’s revenue from operations grew 17.2% to Rs 110.3 crore in Q3 FY24 as compared to Rs 94.13 crore Q2 FY24, as per the firm’s consolidated financial results sourced from the National Stock Exchange. #Yatra #Revenue #Startup #News #Entrackr https://entrackr.com/2024/02/yatra-churns-profits-in-q3-fy24-revenue-crosses-rs-110-cr/
    ENTRACKR.COM
    Yatra churns profits in Q3 FY24, revenue crosses Rs 110 Cr
    Online travel aggregator (OTA) Yatra’s revenue from operations grew 17.2% to Rs 110.3 crore in Q3 FY24 as compared to Rs 94.13 crore Q2 FY24
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  • Country Delight raises $20 Mn in Series E round

    Gurugram-based dairy brand Country Delight secured $20 million in a series E funding round, led by Temasek with Rs 78.16 crore, Seviora Capital contributing Rs 57.77 crore, and participation from existing investor Venturi Partners with Rs 28.55 crore. The company, valued at approximately $819 million post-allotment, plans to raise more funds. Country Delight offers dairy products, bakery goods, and farm produce directly sourced from farms, operating in 15 cities. In FY22, its revenue grew by 69.2% to Rs 543 crore, but losses surged sixfold to Rs 186 crore.

    #entrackr #fintrackr #countrydelight #startups #startupnews #news #indianstartups

    https://entrackr.com/2024/01/country-delight-raises-20-mn-in-series-e-round/
    Country Delight raises $20 Mn in Series E round Gurugram-based dairy brand Country Delight secured $20 million in a series E funding round, led by Temasek with Rs 78.16 crore, Seviora Capital contributing Rs 57.77 crore, and participation from existing investor Venturi Partners with Rs 28.55 crore. The company, valued at approximately $819 million post-allotment, plans to raise more funds. Country Delight offers dairy products, bakery goods, and farm produce directly sourced from farms, operating in 15 cities. In FY22, its revenue grew by 69.2% to Rs 543 crore, but losses surged sixfold to Rs 186 crore. #entrackr #fintrackr #countrydelight #startups #startupnews #news #indianstartups https://entrackr.com/2024/01/country-delight-raises-20-mn-in-series-e-round/
    ENTRACKR.COM
    Country Delight raises $20 Mn in Series E round
    Dairy brand Country Delight is raising $20 million or Rs 164.4 crore in a series E round from new and existing investors.
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  • Cashfree posts Rs 614 Cr revenue in FY23; losses widen

    Cashfree, backed by State Bank of India, reported a 75.43% growth in operating scale in FY23, with revenue reaching Rs 614 crore. However, losses surged to Rs 133 crore from Rs 3 crore in FY22 due to a substantial increase in employee benefits and payment processing costs. The company's primary revenue source is commissions from merchants, rising 75% to Rs 613.29 crore. With expenses doubling, including a 2.1X increase in payment processing charges, Cashfree faced losses attributed to investments in R&D and market share growth.

    #Entrackr #Fintrackr #News #Cashfree #Startups #StartupNews #IndianStartups

    https://entrackr.com/2024/01/cashfree-posts-rs-614-cr-revenue-in-fy23-losses-widen/
    Cashfree posts Rs 614 Cr revenue in FY23; losses widen Cashfree, backed by State Bank of India, reported a 75.43% growth in operating scale in FY23, with revenue reaching Rs 614 crore. However, losses surged to Rs 133 crore from Rs 3 crore in FY22 due to a substantial increase in employee benefits and payment processing costs. The company's primary revenue source is commissions from merchants, rising 75% to Rs 613.29 crore. With expenses doubling, including a 2.1X increase in payment processing charges, Cashfree faced losses attributed to investments in R&D and market share growth. #Entrackr #Fintrackr #News #Cashfree #Startups #StartupNews #IndianStartups https://entrackr.com/2024/01/cashfree-posts-rs-614-cr-revenue-in-fy23-losses-widen/
    ENTRACKR.COM
    Cashfree posts Rs 614 Cr revenue in FY23; losses widen
    State Bank of India-backed online payments processor and aggregator Cashfree recorded 75.43% growth in its operating scale in FY23.
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  • 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/
    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/
    ENTRACKR.COM
    BookMyShow posts Rs 1,026 Cr income and Rs 85 Cr profit in FY23
    BookMyShow’s revenue surged 3.5X to Rs 976 Cr in FY23 from Rs 277 Cr in FY22, its financial statements sourced from the ROC shows.
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  • Wishlink to raise $7 Mn led by Fundmentum and Elevation

    Creator-led commerce startup Wishlink is in advanced stage of raising $7 million in a new round, sources aware of the development told Entrackr. The new fundraise for the Bengaluru-based company will come after 13-14 months.
    “Fundamentum is leading the new round along with participation of existing backer Elevation Capital,” said one of the sources requesting anonymity. The terms of the deal have been sealed and money is likely to come in soon.” Elevation led a $3 million seed round in the Wishlink in October last year. Several high profile angels including Vidit Aatrey, Sanjeev Barnwal, Rahul Chaudhary, Ankush Sachdeva, and Ghazal Alagh, also participated in its maiden funding round.
    Founded by Chandan Yadav, Shaurya Gupta and Divyansh Ameta, Wishlink is enabling creators across social media platforms to drive commerce for brands via their personalized multi-brand storefronts. The platform has created a tech stack to drive creators from social media to brands’ websites, helping them acquire customers.

    #Entrackr #Fintrackr #News #Startups #StartupNews #Wishlink

    https://entrackr.com/2023/11/exclusive-wishlink-to-raise-7-mn-led-by-fundmentum-and-elevation/
    Wishlink to raise $7 Mn led by Fundmentum and Elevation Creator-led commerce startup Wishlink is in advanced stage of raising $7 million in a new round, sources aware of the development told Entrackr. The new fundraise for the Bengaluru-based company will come after 13-14 months. “Fundamentum is leading the new round along with participation of existing backer Elevation Capital,” said one of the sources requesting anonymity. The terms of the deal have been sealed and money is likely to come in soon.” Elevation led a $3 million seed round in the Wishlink in October last year. Several high profile angels including Vidit Aatrey, Sanjeev Barnwal, Rahul Chaudhary, Ankush Sachdeva, and Ghazal Alagh, also participated in its maiden funding round. Founded by Chandan Yadav, Shaurya Gupta and Divyansh Ameta, Wishlink is enabling creators across social media platforms to drive commerce for brands via their personalized multi-brand storefronts. The platform has created a tech stack to drive creators from social media to brands’ websites, helping them acquire customers. #Entrackr #Fintrackr #News #Startups #StartupNews #Wishlink https://entrackr.com/2023/11/exclusive-wishlink-to-raise-7-mn-led-by-fundmentum-and-elevation/
    ENTRACKR.COM
    Exclusive: Wishlink to raise $7 Mn led by Fundmentum and Elevation
    Elevation led a $3 Mn round in the Wishlink in October 2022. Several angels including Vidit Aatrey and Sanjeev Barnwal also participated.
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  • The Ayurveda Experience crosses Rs 250 Cr revenue in FY23, eyes profitability

    The Ayurveda Experience (TAE), a D2C skincare and nutrition brand, continued its growth momentum in the fiscal year ending in March 2023. The firm registered an impressive 84% growth in its scale while the losses dipped nearly 30% in FY23.
    The Ayurveda Experience’s revenue from operations surged around 84% to Rs 259 crore in FY23 from Rs 141 crore in FY22, according to its consolidated financial statements filed with the Registrar of Companies- stated by Entrackr.

    #Entrackr #Ayurveda #Fintrackr #TAE #News #Startups #StartupNews #Skincare #Nutrition

    https://entrackr.com/2023/11/the-ayurveda-experience-crosses-rs-250-cr-revenue-in-fy23-eyes-profitability/
    The Ayurveda Experience crosses Rs 250 Cr revenue in FY23, eyes profitability The Ayurveda Experience (TAE), a D2C skincare and nutrition brand, continued its growth momentum in the fiscal year ending in March 2023. The firm registered an impressive 84% growth in its scale while the losses dipped nearly 30% in FY23. The Ayurveda Experience’s revenue from operations surged around 84% to Rs 259 crore in FY23 from Rs 141 crore in FY22, according to its consolidated financial statements filed with the Registrar of Companies- stated by Entrackr. #Entrackr #Ayurveda #Fintrackr #TAE #News #Startups #StartupNews #Skincare #Nutrition https://entrackr.com/2023/11/the-ayurveda-experience-crosses-rs-250-cr-revenue-in-fy23-eyes-profitability/
    ENTRACKR.COM
    The Ayurveda Experience crosses Rs 250 Cr revenue in FY23, eyes profitability
    The Ayurveda Experience’s revenue from operations surged around 84% to Rs 259 crore in FY23 from Rs 141 crore in FY22
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