Lenskart is EBITDA profitable with Rs 3,788 Cr revenue in FY23
Apr 25, 2024 · Lenskart has raised over $1.6 billion to date and was last valued at $4.5 billion in its last fundraise of $100 million in June last year. According to the startup data intelligence platform TheKredible, Softbank is the largest external stakeholder followed by Premji Invest and Kedaara Capital.As per Fintrackr’s estimates, its enterprise value to …
Hindustan Unilever in talks to acquire Minimalist for Rs 3,000 Cr
Jan 3, 2025 · Hindustan Unilever Limited (HUL), a fast-moving consumer goods company, is reportedly in advanced discussions to acquire a majority stake in the skincare startup Minimalist for approximately Rs 3,000 crore (more than $350 million).
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Jan 30, 2025 · Exclusive: Lokal launches Dostt, Eaze and Gyan TV; plans 40 more apps. Hyperlocal social media platform Lokal has introduced a new app called Dostt, which offers 1-to-1 voice and video calling while maintaining user anonymity.
Dec 12, 2024 · Key Findings from the Survey Brand Awareness and Recognition High Familiarity with RENEE Cosmetics: Among new-age brands, 24.63% of respondents recognized RENEE Cosmetics followed by Sugar Cosmetics (22.51%) and MyGlamm (19.10%), placing them among the …
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Exclusive: FIITJEE-backed PlanetSpark raises fresh funds in
Mar 8, 2024 · Exclusive: FIITJEE-backed PlanetSpark raises fresh funds in ongoing round Edtech platform PlanetSpark has raised Rs 141.8 crore or $17 million in an extended Series B round led by Prime Venture Partners via Seabright
How profitable InCred stands out among bleeding fintech lenders ...
Jul 23, 2024 · Lending has turned out to be the most obvious money making channel for fintech startups in India. Right from large to small fintech companies are resorting to distributing loans through own and third party lenders such as banks and NBFCs.
Mintifi reports Rs 92 Cr PAT on Rs 384 Cr revenue in FY24
Dec 23, 2024 · Supply-chain financing startup Mintifi has secured $180 million in a Series E funding round co-led by GTV and Prosus this month. The funding comes after Mintifi recorded a 4X growth in profit after tax (PAT) and a 72% year-on-year increase in operating scale in FY24.
Shashank Pathak - Entrackr
2 days ago · Shashank is leading the Snippets section for Entrackr where he covers daily news and important development on startups and emerging internet businesses.