Absolute’s operating revenue jumped 12.7X to INR 360.9 Cr in FY22 from INR 28.4 Cr in FY21 In line with the rise in revenue, Absolute’s expenses shot up to INR […]
Agritech Startup WayCool Slated For An IPO In 2025: Sanjay Dasari
The startup plans to go for an IPO only after generating ‘consecutive quarters’ of profitability Dasari said that sometimes scale and profitability are not as inversely correlated as they might […]
Ninjacart FY21 Loss Nearly Doubles To INR 1,021 Cr, Expenses Up 71%
The agritech startup’s revenue from operations grew 60% to INR 747.6 Cr in FY21 Despite the decline in employee benefits expenses and finance costs, Ninjacart’s total expenses rose to INR […]
FAARMS Raises $10 Mn To Expand To 100K Villages in 2022
Apoorva Ranjan Sharma from Venture Catalyst and Ramit Mittal from Bharti Family also participated in the round FAARMS will use the fresh capital to expand its geographical footprint in India, […]
Rural Fintech Jai Kisan Bags $50 Mn From Blume Ventures, Others
GMO Venture Partners, DG Daiwa Ventures, Blume Ventures, Arkam Ventures and Mirae Asset, among others participated in the fundraising round Jai Kisan will use the funds to expand its product […]
Loopworm Raises Funding To Build Sustainable Insect-Based Protein
Titan Capital and angel investors including Nadir Godrej from Godrej Agrovet, Sanjiv Rangrass from ITC, and Akshay Singhal from Log9 Materials also participated in the round Loopworm plans to use […]
Walmart-Backed Ninjacart Doubles ESOP Pool Size To INR 345 Cr
Ninjacart has passed a resolution to increase its ESOP pool size to 6,522 shares from the existing 3,156 shares Earlier in April, the startup expanded its ESOP pool size to […]
Agri-Fintech Startup Ayekart Raises $5.5 Mn In Debt & Equity To Fuel Growth
The funding was raised from corporate lending financial company Caspian Debt and fintech platform Siply Ayekart will use the fresh funds to provide financial and technological assistance to traditional businesses […]
Customer Has Always Been The Source Of Truth For Us: Country Delight Cofounder
Consumer feedback is one of the biggest strengths of being in a D2C business, Chakradhar Gade said The dairytech startup kept working on solutions for many layers of problems based […]
DeHaat May Become India’s First Agritech Unicorn, In Talks To Raise $100 Mn
The Patna-headquartered agritech startup is in talks to raise its Series E round at a pre-money valuation of $900 Mn: Sources DeHaat’s valuation is expected to cross the $1 Bn […]