@thearc_hq The Arc
The Arc posts on X about ipo, arc, india, in the the most. They currently have [-----] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.
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Social Influence
Social category influence finance countries technology brands stocks vc firms financial services currencies social networks cryptocurrencies celebrities
Social topic influence ipo #374, arc #692, india, in the, platform, business, investment, acquisition, ceo, filed
Top accounts mentioned or mentioned by @aditis90 @madhavchanchani @kunaltalgeri @hmeenaktshi @dired @avnish @vikramv23 @anupammittal @alokebajpai @rajnishkumar @shraddha084 @rajatj43872
Top assets mentioned Alphabet Inc Class A (GOOGL) Uber Technologies, Inc. (UBER) BlackRock Inc (BLK) Goldman Sachs (GS)
Top Social Posts
Top posts by engagements in the last [--] hours
"🚨Invesco halves Swiggy valuation to $5.5 bn🚨 Invesco led the $700 mn round in the Bengaluru-based company in January [----] valuing it at $10.7 bn"
X Link 2023-05-08T10:51Z [----] followers, 15.8K engagements
"#ArcExclusive 💥WestBridge Capital strikes again 💼🚀 It has bought over $200 million worth of shares in Nasdaq-listed cloud security player Zscaler 💰💻 This comes after a massive bet on Freshworks"
X Link 2023-05-17T06:08Z [----] followers, [----] engagements
"🚨 Matrix Partners has increased the size of its fourth India fund New filings indicate it will raise over $540 million as compared to the $450 million it was targeting earlier 🎯 That's 80% larger than its previous fund 💰 https://thearcweb.com/article/matrix-partners-india-fourth-avnish-bajaj-ofbusiness-ola-UowGw6cQ0OM3Y2tw https://thearcweb.com/article/matrix-partners-india-fourth-avnish-bajaj-ofbusiness-ola-UowGw6cQ0OM3Y2tw"
X Link 2023-05-23T11:49Z [----] followers, [----] engagements
"💰💎$550 million: Matrix Partners an early backer of Ola OneCard Dailyhunt & OfBusiness has closed its fourth & biggest India fund @madhavchanchani had had a detailed chat with @avnish & @VikramV23 on the state of the ecosystem https://thearcweb.com/article/matrix-partners-avnish-bajaj-vikram-vaidyanathan-ola-razorpay-ofbusiness-dailyhunt-im2IkQIdm3kYsTrc https://thearcweb.com/article/matrix-partners-avnish-bajaj-vikram-vaidyanathan-ola-razorpay-ofbusiness-dailyhunt-im2IkQIdm3kYsTrc"
X Link 2023-05-25T07:05Z [----] followers, [----] engagements
"🚨 Tanla has acquired communication services platform Valuefirst for $42 million from Nasdaq-listed Twilio The deal comes [--] years after Twilio now undergoing a restructuring acquired ValueFirst for close to $100 million 💰 ValueFirst had revenues of $115 million in FY23"
X Link 2023-06-09T04:06Z [----] followers, [----] engagements
"🪙 $408 mn Money that share sales by Byjus promoters yielded. Byju Raveendran Divya Gokulnath and Riju Raveendran have been selling shares since the edtechs inception. Recently Raveendran told The Arc they had reinvested all proceeds in Byjus. https://thearcweb.com/article/byjus-raveendran-divya-gokulnath-riju-promoter-EteVhATkq7DRB4U3 https://thearcweb.com/article/byjus-raveendran-divya-gokulnath-riju-promoter-EteVhATkq7DRB4U3"
X Link 2023-07-04T13:39Z [----] followers, [----] engagements
"#ICYMI Peak XV (earlier Sequoia India) held a 27% stake in Byjus at one point. Its holding has slipped to 7%. Till [----] it had sold shares worth Rs [----] crore on a total investment of Rs [---] crore 💰📈"
X Link 2023-07-09T05:52Z [----] followers, [----] engagements
"🚗🛵 Olx was initially seeking as much as $300 mn for the India auto business So Cartrade has got a bargain by purchasing it for $65 mn But Cartrade now enters a highly competitive market to take on Spinny and Cars24 🔥"
X Link 2023-07-11T08:29Z [----] followers, [---] engagements
"🚨 Swiggy's fresh ESOP buyback would peg the companys valuation at about $7 billion. Recently mutual funds like Invesco marked down its worth to $5.5 billion in their books. https://thearcweb.com/article/swiggy-starts-esop-buyback-at-30-valuation-discount-dineout-hWHXHMDcOr7OLQu7 https://thearcweb.com/article/swiggy-starts-esop-buyback-at-30-valuation-discount-dineout-hWHXHMDcOr7OLQu7"
X Link 2023-07-25T03:28Z [----] followers, [---] engagements
"🪂 Over a dozen founders have shut their ventures and handed back unused capital to investors. The startups include FrontRow Pillow SuperShare and Wakao. It can be a messy step but entrepreneurs are moving on quickly with investor faith often intact"
X Link 2023-08-10T08:16Z [----] followers, [----] engagements
"#Recap Mobile Premier League is laying off half its team citing the decision by the GST Council to impose a 28% levy on real-money gaming firms. The new rules will increase our tax burden by as much as 350-400%"
X Link 2023-08-13T05:30Z [----] followers, [---] engagements
"#Recap 💰💰Peak XV is on an aggressive deal spree Some VC firms considered backing Masters Union at a valuation of $40-50 million before Peak XV offered a premium at $90 million valuation"
X Link 2023-08-20T03:30Z [----] followers, [---] engagements
"#Recap 🛒🛍This is a year where Flipkart must go all in The new formats could also help Flipkart win more advertisements from brands during the forthcoming festive leg"
X Link 2023-08-20T03:43Z [----] followers, [---] engagements
"💇🏾♂👩🏾🔧 Urban Company shrank losses by 40% to Rs [---] cr in FY23. Can it fix flat commissions next A lot including a potential public offering rides on that question. @AditiS90 digs through the latest financial numbers of the home services provider"
X Link 2023-08-23T07:18Z [----] followers, [---] engagements
"🚨 Reliance Industries announces the appointment of Isha Aakash and Anant as non-executive directors on the board of the company"
X Link 2023-08-28T08:46Z [----] followers, [----] engagements
"🛗 Two senior executives check out of hospitality unicorn Oyo. India CEO Ankit Gupta and European head Mandar Vaidya resigned even as the company took a second shot at an IPO"
X Link 2023-09-06T06:28Z [----] followers, [----] engagements
"🚨 Reliance and Nvidia partner to build LLM in local languages of India Reliance will create AI applications and services for [---] million Jio customers It will also provide energy-efficient AI infrastructure to scientists developers and startups"
X Link 2023-09-08T09:56Z [----] followers, [----] engagements
"#Recap PharmEasy has enlarged the size of its rights issue from $250 million to $420 million. New and existing backers have pushed for this increase to defend their shareholding Link -"
X Link 2023-09-09T03:31Z [----] followers, [---] engagements
"#Recap 💰 Mamaearth's valuation for the IPO under discussion is between $1.4-1.6 billion It had faced blowback over its reported target valuation of $3 billion earlier this year 🤯"
X Link 2023-09-10T10:59Z [----] followers, [---] engagements
"🚨 Bob van Dijk CEO of Prosus has stepped down from his position Ervin Tu the current chief investment officer has been made the interim CEO Prosus is one of the largest investors in the Indian Unicorns"
X Link 2023-09-18T05:34Z [----] followers, [--] engagements
"#Recap The B2B unit in question had poor operating processes and lost money at a gross margin level DealShare had faced investor ire for failing to clearly distinguish between B2B and consumer sales"
X Link 2023-09-24T05:06Z [----] followers, [---] engagements
"#Recap The exits from Orios Venture Partners occurred rather quickly with Anup Jain and Rajeev Suri serving only a months notice. Sources linked them to a dispute over the firms direction and individual compensation or payouts 💸"
X Link 2023-09-24T11:58Z [----] followers, [---] engagements
"🚨 Zerodhas FY23 showing Topline: $825 mn up 38% PAT: $349 mn up 39% Net profit margin: 42% Can Indias largest brokerage maintain robust figures and hold off Angel One Groww and a growing line-up of new entrants"
X Link 2023-09-26T12:08Z [----] followers, [----] engagements
"⚠ Employees at Byjus brace for steepest job cuts. There are indications that [----] to [----] positions may be terminated in one go. Founder Byju Raveendran and new India CEO Arjun Mohan are restructuring operations to cope with a severe cash crisis"
X Link 2023-09-26T18:16Z [----] followers, [--] engagements
"Pocket Aces was last valued at $45 million or Rs [---] crore Backers include Peak XV Partners (Sequoia India) 3one4 Capital and DSP Mutual Fund 💰"
X Link 2023-09-28T13:28Z [----] followers, [---] engagements
"🎱 Venture Highways Samir Sood gives up top role. The VC firm known for Meesho and ShareChat bets confirms the transition. Co-founder Neeraj Aroro is now actively involved in day-to-day matters while Priya Mohan has been made a managing partner"
X Link 2023-10-03T13:12Z [----] followers, [----] engagements
"💸 Rs 410-cr infusion puts Bizongo close to unicorn territory. The round values the B2B startup at $980 mn a premium of 60% compared to the previous worth of $520 mn. How has Bizongos business shaped up"
X Link 2023-10-04T05:20Z [----] followers, [----] engagements
"🚨 Lending startup Slice says it has got RBI approval to merge with North East Small Finance Bank"
X Link 2023-10-04T06:36Z [----] followers, [----] engagements
"💥 Growws stockbroking revenues surge from $43 mn to $156 mn Broking arms provisional figures for FY23 show profit after tax of $9 mn. Groww has the second-largest number of active users after Zerodha"
X Link 2023-10-05T05:53Z [----] followers, [----] engagements
"📻 Pocket FM asks investors to tune in to new funding round. The audio-streaming app hopes to score $100 mn at a valuation of $750 mn. Founded in [----] the business now generates most of the income from international markets particularly the US"
X Link 2023-10-05T12:38Z [----] followers, [----] engagements
"🚨 Abu Dhabi Investment Authority (ADIA) to invest $600 million in Reliance Retail at $100 billion valuation 🛍 The company has now raised close to $1.85 billion from other investors including Qatar Investment Authority and KKR 💰"
X Link 2023-10-06T17:05Z [----] followers, [----] engagements
"🚨 Cloudtail's revenues fell by 84% to Rs [----] crore in the year ending March [----] This comes after Amazon acquired the remaining 76% of Cloudtail from Infosys co-founder Narayana Murthy After this Cloudtail ceased to be a merchant on Amazon by May [----] Data: Tofler MCA"
X Link 2023-10-10T12:38Z [----] followers, [----] engagements
"⚠ Long IPO wait sends Oyo searching for private funding The hospitality unicorn is trying to raise $250 mn in primary capital most of which will cover debt payments. How do investors view Oyo today and how much has the business recovered"
X Link 2023-10-12T09:45Z [----] followers, [----] engagements
"🚨 RBI imposes Rs [----] crore fine on Paytm Payments Bank The fine has been imposed because Paytm did not complete proper KYC for companies using its services and also delayed reporting of a cyber security incident"
X Link 2023-10-12T13:43Z [----] followers, [----] engagements
"#Recap A year after Creds negotiations to buy Smallcase fell through it is now in talks to buy wealth management platform Kuvera 💰 Kuvera has raised $12 million so far and was valued at $110 million in 2021"
X Link 2023-10-15T04:44Z [----] followers, [---] engagements
"#Recap 🏨Oyo is searching for funding in the private market as the process for its stock listing has stretched since September [----] 🫷 It is looking to raise at least $250 million in primary capital 💰"
X Link 2023-10-15T05:50Z [----] followers, [---] engagements
"#Recap ☁💻 Amazon Web Services India earned $1.53 billion during FY23 an improvement of 43% ☝ But it transfers 75-80% of its revenues as reseller fees to a holding unit created in Singapore 📤"
X Link 2023-10-15T06:12Z [----] followers, [---] engagements
"#Recap 🚚 Udaan has raised convertible bonds of $360 million in two tranches and these carry an annual interest rate of 6-8%. It has initiated talks for funding which may be finalised at a lower valuation and include conversion of these bonds 💱"
X Link 2023-10-15T11:37Z [----] followers, [---] engagements
"🏗 Fund manager Invesco lifts Swiggys valuation after May cut - May: $5.5 bn - Now: $7.8 bn Invescos $190-mn investment is still in the red as Swiggy was valued at $10.7 bn after it last funding round in 2022"
X Link 2023-10-17T13:09Z [----] followers, [----] engagements
"🚨 PhonePe says that revenues went up 77% in FY23 to Rs [----] crore But the EBITDA loss went up by 9% to Rs [----] crore primarily driven by higher ESOP costs"
X Link 2023-10-18T08:50Z [----] followers, [----] engagements
"The ESOP costs come after PhonePe demerged the business from parent company Flipkart Walmart now owns a majority stake in PhonePe directly PhonePe also moved its domicile from Singapore to India late last year"
X Link 2023-10-18T08:53Z [----] followers, [---] engagements
"🌟 Eyeing revenues of Rs [---] cr in FY24 Astrotalk lines up new businesses. The astrology app backed by Kunal Shah has more than [--] mn monthly active users and is profitable. A mental wellness service is among the offerings in the works"
X Link 2023-10-18T08:59Z [----] followers, [----] engagements
"#Recap 🚚 Tata Motors is taking a 27% stake in Freight Tiger that would value the nine-year-old startup at $67 million It was valued at $49 million in the middle of [----] 💵"
X Link 2023-10-21T06:58Z [----] followers, [---] engagements
"🔔 ICYMI Paytm chases merchant payments as Jio threat looms It hopes to push out [---] mn payment devices (soundboxes etc) to merchants every quarter. The broader goal is to cross-sell loans. Jio Financials market entry is behind Paytms urgency"
X Link 2023-10-23T05:27Z [----] followers, [---] engagements
"🔋 Ola Electric raises $380 mn in debt and equity - $240 mn in debt from SBI - $140 mn in equity from Temasek The company led by Bhavish Aggarwal is amassing cash to fuel EV and battery production. It is also inching closer to a stock listing"
X Link 2023-10-26T12:54Z [----] followers, [---] engagements
"🚨 Anchor investors have subscribed to about 45% of Mamaearth's IPO book Investors like Capital Group Abu Dhabi Investment Authority and Fidelity have picked up shares worth Rs [---] crore in the Rs [----] crore IPO"
X Link 2023-10-30T15:41Z [----] followers, [----] engagements
"🚨 Reliance Retail partners with SBI Cards to launch two co-branded credit cards Amazon has a co-branded card with ICICI Bank while Flipkart has a card with Axis Bank"
X Link 2023-10-31T12:14Z [----] followers, [----] engagements
"💉PharmEasy gets a double dose of relief - Existing investors oversubscribe its rights issue of $420 mn. - EBITDA for April-September stands at $7.2 mn. The rights issue comes with a steep valuation cut but its a pain PharmEasy must endure"
X Link 2023-10-31T14:03Z [----] followers, [---] engagements
"#Recap 🛏 Wakefit a D2C startup popular for selling mattresses online is expected to bag funding of $15-20 million from Elevation Capital. The company has expanded into selling furniture with the aim of becoming a larger home-products brand 🛋"
X Link 2023-11-05T05:34Z [----] followers, [---] engagements
"#Recap The $200 mn public offering of direct-to-consumer Unicorn Mamaearth was subscribed by [---] times If stock investors dont appreciate its performance there may be a trickle-down effect on other players in the space""
X Link 2023-11-05T06:16Z [----] followers, [---] engagements
"📺 Looking to strengthen our hand in India: Disney CEO In an earnings call Bob Iger alludes to the fate of Disney+Hotstar which is bleeding paying subscribers. We are considering our options there he says referring to the India opportunity"
X Link 2023-11-09T05:48Z [----] followers, [---] engagements
"🚨 Deal Alert 🚨 Davidson Kempner hands Aakash stake to Manipals Ranjan Pai at 75% profit Davidsons exit is part of a pact with Byjus which owns Aakash. Pai has paid Rs [----] cr: Sources. What does it mean for Byjus @madhavchanchani has the facts"
X Link 2023-11-10T10:31Z [----] followers, [----] engagements
"PhonePe established a path to flip from Singapore to India ➡ But Groww is now setting a playbook to change domicile from ➡ Many Unicorns which were incorporated in the US due to early backing by Y Combinator are closely watching 🔍"
X Link 2023-11-17T05:42Z [----] followers, [---] engagements
"🚨 Vineet Rao former CEO and Sankar Bora COO of Dealshare both co-founders have left the company amid restructuring"
X Link 2023-11-24T08:56Z [----] followers, [---] engagements
"🛵 IPO-bound Swiggy still trails Zomato in key metrics In H1 [----] Swiggys food-delivery business had a GMV of $1.43 bn. Zomatos gross order value was higher at $1.66 bn. As Swiggy prepares for an IPO its performance will face increased scrutiny"
X Link 2023-11-30T09:33Z [----] followers, [----] engagements
"🔋 Ola Electric cuts FY24 projection by 60% after subsidy blow The e-scooter maker headed for an IPO reports consolidated revenues of $334 mn for FY23. The forecast for FY24 is $558 mn a third of the previous target"
X Link 2023-12-06T06:55Z [----] followers, [---] engagements
"🤖 Indias largest AI round: Sarvam bags $41 mn in maiden funding Lightspeed led the deal; Peak XV and Khosla Ventures chipped in. Vivek Raghavan and Pratyush Kumar founded the generative AI startup this year with plans to create a voice-first interface"
X Link 2023-12-07T08:08Z [----] followers, [---] engagements
"🚨 After initial talks of an outright sale Disney is now looking to hold a large stake in the India unit Talks are on with Mukesh Ambani's Reliance for a 51:49 merger deal https://thearcweb.com/article/reliance-disney-merger-hotstar-jiocinema-mukesh-ambani-D4dhT9xzx0QUxvVq https://thearcweb.com/article/reliance-disney-merger-hotstar-jiocinema-mukesh-ambani-D4dhT9xzx0QUxvVq"
X Link 2023-12-12T04:48Z [----] followers, [----] engagements
"💥 Accel Elevation poised for profits on BookMyShow bet The VC firms which collectively own 25% in the startup are moving to sell a chunk of shares. Incoming investors include PE houses and tech funds. BookMyShow expects a valuation of over $1 bn. https://thearcweb.com/article/bookmyshow-accel-elevation-ashish-hemrajani-9QZjKmFSc621ZW7h https://thearcweb.com/article/bookmyshow-accel-elevation-ashish-hemrajani-9QZjKmFSc621ZW7h"
X Link 2023-12-13T13:51Z [----] followers, [---] engagements
"🚨 Udaan has raised $340 million in a new round led by UK's M&G Plc The amount includes the conversion of debt into equity"
X Link 2023-12-14T09:21Z [----] followers, [---] engagements
"Udaan had raised convertible bonds of $360 million in two tranches in [----] They carried an annual interest rate of 6-8%. We wrote about it here 👇 https://thearcweb.com/article/udaan-losses-valuation-revenue-debt-vaibhav-gupta-b2b-DMNwCAZcLHVC1Vpn https://thearcweb.com/article/udaan-losses-valuation-revenue-debt-vaibhav-gupta-b2b-DMNwCAZcLHVC1Vpn"
X Link 2023-12-14T09:22Z [----] followers, [---] engagements
"🧭 After raising $340 mn last week Udaan removes [---] staffers The retrenchments have affected almost every function of the B2B trade platform. Its workforce has decreased from a high of [----] to roughly 2500"
X Link 2023-12-18T07:01Z [----] followers, [---] engagements
"🔥 $500-mn IPO: A look at FirstCrys business and standing The unicorn which sells products for kids is eyeing a valuation of $4 bn. In FY23 its net revenues grew by 46% to Rs [----] cr and adjusted EBITDA came in at Rs [--] cr as per a pitch document"
X Link 2023-12-19T13:54Z [----] followers, [---] engagements
"🎣 India Shelter IPO: Nexus WestBridge rack up gains Nexus which had invested Rs [---] cr owns a stake worth Rs [----] cr at India Shelters current market cap. WestBridges Rs 357-cr bet translates into Rs [----] cr based on the issue price"
X Link 2023-12-20T09:50Z [----] followers, [----] engagements
"📲 ShareChat slashes [---] jobs as down round looms The cuts affect 15% of the workforce. From a high of nearly [----] employees in mid-2022 it is now left with roughly [----]. ShareChats parent Mohalla Tech may raise funds at a 50% lower valuation"
X Link 2023-12-20T14:02Z [----] followers, [---] engagements
"🧮 ShopKiranas route to Rs [----] cr revenue in B2B commerce Conglomerates and cash-rich unicorns have faced hardship in the business of supplying goods to shops. How did a player with limited means crack the model @AditiS90 maps ShopKiranas strategy"
X Link 2023-12-21T09:11Z [----] followers, [----] engagements
"🚨 Zomato says no plans to acquire logistics tech co Shiprocket in a filing with the exchanges "We remain focused on our existing businesses with no plans for any acquisition at the moment" Zomato is an existing investor in Shiprocket with an 8% stake"
X Link 2023-12-21T18:02Z [----] followers, [---] engagements
"🏢 Coworking space provider Awfis has filed for an IPO to raise Rs [---] cr in primary capital Peak XV Partners (earlier Sequoia) and ChrysCapital - holding 23% each - will be selling a third of their shares The company was valued at close to Rs [----] cr recently"
X Link 2023-12-22T11:09Z [----] followers, [----] engagements
"🚨 Ola Electric files for IPO A primary issue of Rs [----] crore Secondary sale of [----] million shares Sellers include founder Bhavish Aggarwal besides all major investors - Tiger Global Alpha Wave Temasek Matrix and Softbank"
X Link 2023-12-22T15:13Z [----] followers, [----] engagements
"#unicornturmoil 🔐 DealShare shutters wholesale arm cuts jobs The wholesale division supplied goods to small shops delivering over 50% of the companys topline at one point"
X Link 2023-12-27T04:53Z [----] followers, [--] engagements
"#exitwounds 🛗 Two founders leave DealShare Vineet Rao and Sankar Bora who acted as the CEO and COO respectively quit the company amid layoffs business restructuring and heightened investor scrutiny"
X Link 2023-12-27T04:53Z [----] followers, [--] engagements
"#outlier 🏢 WeWork Indias valuation may overtake troubled US parent The Indian arm targeted funding at a valuation of $600 million which was higher than the $400-million market cap of US-listed WeWork. Months later WeWork US declared bankruptcy"
X Link 2023-12-27T04:53Z [----] followers, [---] engagements
"#newnightmare 😱 Dream11 cuts operating profit target by 80% after GST gut punch For FY24 Indias largest fantasy-gaming platform projected gross revenues of $1 bn and EBITDA of $350-400 mn. The GST rate hike sent those calculations out the window"
X Link 2023-12-27T04:53Z [--] followers, [---] engagements
"🚨 FirstCry files for IPO Primary issue - Raising Rs [----] crore Secondary sale - [----] million shares Softbank PremjiInvest and TPG Growth among sellers Founders including Supam Mahesh to also sell a part of their shares"
X Link 2023-12-28T07:26Z [----] followers, [----] engagements
"We had reported about the IPO being sized at about $500 million The company is likely to target a valuation of about $4 billion Details on its financials 👇"
X Link 2023-12-28T07:28Z [----] followers, [---] engagements
"FirstCry has been shuffling its cap table before the IPO 🧮 Softbank has been bringing down its stake. Domestic family offices like Manipal's Ranjan Pai among others have been buying 💰 More details 🔢👇"
X Link 2023-12-28T07:30Z [----] followers, [---] engagements
"🎢 Indian Startup Incs whirlwind year A look at the core dynamics reshaping the Indian tech ecosystem cash exits rate of funding investor struggles startups profit quest and partner turnover at VC firms"
X Link 2023-12-29T08:14Z [----] followers, [---] engagements
"🔥 What FirstCry IPO means for its top investors SoftBank Vision Fund which owns 25% of the company could see potential gains of 3-4X. For Mahindra & Mahindra which holds 11% this could be 6X. Much depends on FirstCry landing a valuation of $4 bn. https://thearcweb.com/article/firstcry-ipo-supam-maheshwari-softbank-mahindra-premjiinvest-1821I0JOHHw7EGYL https://thearcweb.com/article/firstcry-ipo-supam-maheshwari-softbank-mahindra-premjiinvest-1821I0JOHHw7EGYL"
X Link 2024-01-02T14:08Z [----] followers, [----] engagements
"🪁 FirstCrys continued growth hinges on international markets A chunk of the cash from the IPO will fuel FirstCrys businesses in the UAE and Saudi Arabia. The regions contributed 9% to its FY23 revenues and their share is increasing swiftly"
X Link 2024-01-08T06:06Z [----] followers, [---] engagements
"🚖 Ola loses some ground in ride-hailing From being 3.2X bigger in sales than Uber Olas lead has slid to 2.9X. A litany of factors like managing non-performing verticals and taking the eye off the core business hurt Ola. 🧐 Key numbers and analysis"
X Link 2024-01-10T06:36Z [--] followers, [---] engagements
"🚨 Paytm Payments Bank fined Rs [----] cr for violating money laundering laws Finance Ministry unit FIU found that it was used by online gambling cos "Proceeds of crime were routed and channelled through bank accounts maintained by these entities with the Paytm Payments Bank""
X Link 2024-03-01T13:55Z [----] followers, [----] engagements
"🚨 Reliance has consolidated its shareholding in Viacom18 before the merger with Disney's India unit Reliance bought a 13% stake in Viacom18 from US-based Paramount Global for $517 mn taking its stake to 70% Reliance will control both Hotstar + Jiocinema after the deal"
X Link 2024-03-14T04:45Z [----] followers, [----] engagements
"🚨 Paytm gets NPCI approval to operate as a third-party application provider like Google Pay and Phonepe Ties up with four banks - SBI Yes Bank HDFC Bank and Axis Bank Yes Bank to become merchant acquiring partner"
X Link 2024-03-14T13:52Z [----] followers, [----] engagements
"💸 Rs [-----] crore Thats what Chinas Alibaba is packing for its flight from India where it invested Rs [-----] crore between [----] and [----]. ➡ Plus there are unrealised gains of Rs [-----] crore💰"
X Link 2024-03-15T06:42Z [----] followers, [--] engagements
"Indias tighter rules for Chinese investors prompted Alibaba to offload its shares in Zomato BigBasket and Paytm🦄 It has been a fruitful outing for the group barring a few write-offs in e-commerce (Snapdeal and Paytm Mall). 📉"
X Link 2024-03-15T06:42Z [----] followers, [---] engagements
"But how do its gains compare with Tencent and SoftBank ❓"
X Link 2024-03-15T06:42Z [----] followers, [---] engagements
"🚨 Google vs Indian app cos CCI directs an investigation into Google's app store billing practices after finding prima facie evidence that it violated competition laws. Based on the evidence given by Shaadi (@AnupamMittal) Kukufm & others CCI report to be filed in two months"
X Link 2024-03-15T12:53Z [----] followers, [----] engagements
"Instamart and Swiggys IPO fate 🛵🍞🍅 As Swiggy prepares for a stock listing its key businesses will be closely scrutinised 🔍 Analysts may pay more attention to Instamart its big play in quick commerce than food delivery. Heres how the numbers stack up 🔢"
X Link 2024-03-30T05:10Z [----] followers, [----] engagements
"⚡💰 Traya and Foxtale have recently announced their new funding rounds @AditiS90 was the first to report about them in December✍ Our article about how and why consumer brands are becoming an investor favourite during funding winter - #firstonarc https://thearcweb.com/article/investors-consumer-brands-traya-foxtale-mokobara-snitch-rare-rabbit-J5moGSlTC4rjY96j https://thearcweb.com/article/investors-consumer-brands-traya-foxtale-mokobara-snitch-rare-rabbit-J5moGSlTC4rjY96j"
X Link 2024-04-03T02:45Z [----] followers, [---] engagements
"⚠ CEO exit and layoffs at Ola Hemant Bakshi has resigned as the CEO after a 4-month stint. Founder Bhavish Aggarwal will have to step in while preparing for group firm Ola Electrics IPO. Ola (ANI) is likely to cut [---] jobs under a restructuring plan. https://thearcweb.com/article/ola-cabs-bhavish-aggarwal-hemant-bakshi-quits-XaB4crmy6jJXWRmC https://thearcweb.com/article/ola-cabs-bhavish-aggarwal-hemant-bakshi-quits-XaB4crmy6jJXWRmC"
X Link 2024-04-29T12:37Z [----] followers, [----] engagements
"#Recap When Groww was formed eight years ago Y Combinator advised it to keep its base in the US for better fundraising prospects" said an investor. "This scenario no longer applies. Besides Groww wants to pursue an IPO in India. https://thearcweb.com/article/groww-moves-domicile-from-us-to-india-after-8-years-Ae1uTojR8tkoRZ8A https://thearcweb.com/article/groww-moves-domicile-from-us-to-india-after-8-years-Ae1uTojR8tkoRZ8A"
X Link 2024-05-12T03:32Z [----] followers, [----] engagements
"🚨 Prosus key backer of Swiggy and Meesho has a new global CEO Fabricio Bloisi CEO of Brazil's food delivery company iFood takes over the role. iFood is owned by Prosus Interim CEO Ervin to continue as chief investment officer"
X Link 2024-05-17T05:33Z [----] followers, [----] engagements
"🚨 Two scoops from Monday 🛫 Flipkart to bring former Swiggy exec Anuj Rathi as CEO of Cleartrip 🏦 Lightspeed Sanjay Nayar's Sorin to back Shivalik Bank at $100-mn valuation More details 👇"
X Link 2024-05-21T02:04Z [----] followers, [----] engagements
"Anuj Rathi was at Swiggy for close to seven years Right now he is at fintech startup Jupiter as chief product officer https://thearcweb.com/article/flipkart-to-appoint-anuj-rathi-as-cleartrip-ceo-gJ9vME60c7prnp12 https://thearcweb.com/article/flipkart-to-appoint-anuj-rathi-as-cleartrip-ceo-gJ9vME60c7prnp12"
X Link 2024-05-21T02:06Z [----] followers, [---] engagements
"🚨 Mamaearth-owner Honasa Consumer acquired research and consulting firm Cosmogenesis It has paid Rs [--] crore for the acquisition"
X Link 2024-05-23T11:49Z [----] followers, [----] engagements
"#Recap Oyo has withdrawn the filing for a public offering for the second time It is now approaching family offices to raise an $80-90 mn round https://thearcweb.com/article/oyo-approaches-family-offices-for-its-down-round-wiumTxI8De6CrGdy https://thearcweb.com/article/oyo-approaches-family-offices-for-its-down-round-wiumTxI8De6CrGdy"
X Link 2024-05-26T03:08Z [----] followers, [---] engagements
"#Recap A lot has happened at Flipkart this week $350-mn funding from Google - New Cleartrip CEO - New Shopsy CEO - https://thearcweb.com/article/flipkarts-shopsy-appoints-new-ceo-amid-wider-reorg-VpGZF5Fh1iFLEFWt https://thearcweb.com/article/flipkart-to-appoint-anuj-rathi-as-cleartrip-ceo-gJ9vME60c7prnp12 https://thearcweb.com/article/google-to-invest-350-mn-in-flipkarts-1-bn-round-TIjuDCzQwInKhZiU https://thearcweb.com/article/flipkarts-shopsy-appoints-new-ceo-amid-wider-reorg-VpGZF5Fh1iFLEFWt https://thearcweb.com/article/flipkart-to-appoint-anuj-rathi-as-cleartrip-ceo-gJ9vME60c7prnp12"
X Link 2024-05-26T04:28Z [----] followers, [---] engagements
"🚨 PhonePe expands into secured lending business To give loans against property vehicles and gold Partners include Tata Capital L&T Finance Hero FinCorp Muthoot Volt Money and others"
X Link 2024-05-30T06:14Z [----] followers, [----] engagements
"🚨 China's Tencent has been cashing in on the rise in Policybazaar's share price Total investment: $150 million Sold till now: $200 million Remaining stake: $340 million https://thearcweb.com/article/tencent-policybazaar-paisabazaar-yashish-dahiya-O5NndGpzSnR5yDzu https://thearcweb.com/article/tencent-policybazaar-paisabazaar-yashish-dahiya-O5NndGpzSnR5yDzu"
X Link 2024-06-07T03:06Z [----] followers, [----] engagements
"🚨 Ixigo raises Rs [---] crore from anchor investors That is 45% of the Rs [---] crore IPO set to open on Monday Key backers include SBI Mutual Fund Singapore Government Morgan Stanley and HDFC Mutual Fund Existing backers Bay Capital and Malabar have also picked up shares"
X Link 2024-06-08T02:34Z [----] followers, [----] engagements
"More about the IPO https://thearcweb.com/article/ixigo-ipo-multibagger-elevation-capital-peak-xv-exit-7Gtym4IJbpjlCIoq https://thearcweb.com/article/ixigo-ipo-multibagger-elevation-capital-peak-xv-exit-7Gtym4IJbpjlCIoq"
X Link 2024-06-08T03:42Z [----] followers, [---] engagements
"💰 Two big deals this week [--] 👓 Lenskart's $200 mn secondary share sale - [--] 🫰 Lending app Fibe gets $90 mn as loan book doubles - https://thearcweb.com/article/fibe-earlysalary-tpg-tr-capital-lending-lExYTR9LxfGd7sD9 https://thearcweb.com/article/temasek-fidelity-peyush-bansal-lenskart-softbank-8uialQwDY5xCcLbQ https://thearcweb.com/article/fibe-earlysalary-tpg-tr-capital-lending-lExYTR9LxfGd7sD9 https://thearcweb.com/article/temasek-fidelity-peyush-bansal-lenskart-softbank-8uialQwDY5xCcLbQ"
X Link 2024-06-08T05:41Z [----] followers, [---] engagements
"👓 Lenskart is now valued at $5 billion 💰 Singapore's GIC and US-based Fidelity have picked up shares worth $200 mn from existing investors https://thearcweb.com/article/temasek-fidelity-peyush-bansal-lenskart-softbank-8uialQwDY5xCcLbQ https://thearcweb.com/article/temasek-fidelity-peyush-bansal-lenskart-softbank-8uialQwDY5xCcLbQ"
X Link 2024-06-09T05:30Z [----] followers, [---] engagements
"🚨 Ixigo's Rs [---] crore IPO fully subscribed by [----] times on day [--] Retail investors and non-institutional buyers have bid [---] times and [---] times their quota according to BSE data Institutional investors quota subscribed 12% on Day 1"
X Link 2024-06-10T10:48Z [----] followers, [----] engagements
"🚨 DST Global and Lightspeed are in talks to participate in Zepto's new funding round 💰 The four-year-old quick commerce startup is eyeing a valuation of $3 bn. https://thearcweb.com/article/dst-global-lightspeed-zepto-aadit-palicha-xidip0cnCBhLPAID https://thearcweb.com/article/dst-global-lightspeed-zepto-aadit-palicha-xidip0cnCBhLPAID"
X Link 2024-06-12T02:54Z [----] followers, [---] engagements
"#Recap DST Global Avenir Lightspeed are among the new set of investors looking to back Zepto The quick commerce major had reached an annualised GMV of $1.2 billion earlier this year https://thearcweb.com/article/dst-global-lightspeed-zepto-aadit-palicha-xidip0cnCBhLPAID https://thearcweb.com/article/dst-global-lightspeed-zepto-aadit-palicha-xidip0cnCBhLPAID"
X Link 2024-06-16T11:12Z [----] followers, [---] engagements
"🚨 Zomato confirms discussions to acquire Paytm's movies and events biz "No binding decision has been taken at this stage" it says in the disclosure to stock exchange More on the potential deal - https://thearcweb.com/article/zomato-paytm-movies-events-acquisition-aGC0yFG4feJPqehC https://thearcweb.com/article/zomato-paytm-movies-events-acquisition-aGC0yFG4feJPqehC"
X Link 2024-06-17T02:29Z [----] followers, [----] engagements
"🚨 Online travel firm Ixigo lists at a 49% premium to the IPO price Share price at Rs [---] as against issue price of Rs [--] 📈 @AditiS90 has an interview with founders @alokebajpai @rajnishkumar on the 18-year journey to the IPO 🔔 https://thearcweb.com/article/ixigo-aloke-bajpai-rajnish-kumar-travel-ipo-o2FESQBXxC8ms0IM https://thearcweb.com/article/ixigo-aloke-bajpai-rajnish-kumar-travel-ipo-o2FESQBXxC8ms0IM"
X Link 2024-06-18T04:39Z [----] followers, [----] engagements
"#Recap Aditya Birla's brand aggregator TMRW is acquiring Universal Sportsbiz Universal owns Virat Kohli-promoted apparel brand Wrogn It counts Kohli Sachin Tendulkar and Accel as key shareholders https://thearcweb.com/article/aditya-birla-tmrw-virat-kohli-wrogn-XBIxJEHNVsu7119l https://thearcweb.com/article/aditya-birla-tmrw-virat-kohli-wrogn-XBIxJEHNVsu7119l"
X Link 2024-06-23T04:46Z [----] followers, [---] engagements
"🚨 Ola-backer Matrix Partners India re-brands to Z47 New name inspired by India's aspiration to become a developed country by [----] The move is part of a global restructuring to drive "organisational independence" of US China and India units https://thearcweb.com/article/matrix-partners-india-z47-avnish-bajaj-0LvdYt3uVy4gL7KN https://thearcweb.com/article/matrix-partners-india-z47-avnish-bajaj-0LvdYt3uVy4gL7KN"
X Link 2024-06-29T14:59Z [----] followers, [----] engagements
"🚨Exclusive🚨Prosus is in talks to lead BlueStones $100 mn round The round is expected to double the companys valuation to over $960 mn. https://thearcweb.com/article/prosus-leading-bluestones-100mn-round-peakxv-ipo-bXLNmbxfp5zPqeb9 https://thearcweb.com/article/prosus-leading-bluestones-100mn-round-peakxv-ipo-bXLNmbxfp5zPqeb9"
X Link 2024-07-08T07:44Z [----] followers, [----] engagements
"🚨 Byju's vs BCCI NCLT admits BCCI plea to put Byjus into insolvency resolution process Byju's says it wants "an amicable settlement" BCCI wants to recover Rs [---] crore in payments due from the sponsorship contract"
X Link 2024-07-16T07:41Z [----] followers, [----] engagements
"🚨 Local classifieds platform Just Dial's shares zoomed up 20% on Thursday The company is planning to announce a large dividend utilising over Rs [----] crore cash in the bank 💰 https://thearcweb.com/article/reliance-just-dial-mukesh-ambani-vss-mani-XGZiTuZAoAtZBxSS https://thearcweb.com/article/reliance-just-dial-mukesh-ambani-vss-mani-XGZiTuZAoAtZBxSS"
X Link 2024-07-18T14:03Z [----] followers, [---] engagements
"🚨 Zomato shares hit a new all time high of Rs [---] after the results 📈 Shares are up by 10% today in early trade. Market cap crosses $27 billion. Right now Zomato has become more valuable that DLF Jio Financial and Trent"
X Link 2024-08-02T04:09Z [----] followers, [----] engagements
"🚨 World Bank's arm IFC wants to invest $20 mn in taxi fleet management co Everest 🚖 This is a part of a larger $50 mn raise being done by Everest. It's backers include Uber 💰 https://thearcweb.com/article/uber-everest-fleet-ifc-electric-vehicle-ola-1oF0bNp2QaiDOgEg https://thearcweb.com/article/uber-everest-fleet-ifc-electric-vehicle-ola-1oF0bNp2QaiDOgEg"
X Link 2024-08-03T11:16Z [----] followers, [----] engagements
"🚨 Ola Electric IPO fully subscribed on Day [--] The IPO bids are right now driven by retail investors and employees Qualified institutional buyers (QIBs) - 0.4x Non-institutional investors (NII) - 0.98x Retail - 2.83x Employees - 8.84x"
X Link 2024-08-05T11:05Z [----] followers, [----] engagements
"🚨 FirstCry raises Rs [----] crore from anchor investors Anchors bids at Rs [---] the upper end of the price band Anchor bids cover 45% of the Rs [----] crore IPO 💰"
X Link 2024-08-05T17:15Z [----] followers, [----] engagements
"🚨 Unicommerce raises Rs [---] crore from anchor investors The company is targeting to raise Rs [---] crore from the IPO SBI Mutual Fund and HDFC Mutual Fund are the biggest investors"
X Link 2024-08-05T17:31Z [----] followers, [----] engagements
"🚨 Policybazaar-owner PB Fintech appoints online travel portal Yatra's CEO Dhruv Shringi as an independent director Both PB Fintech CEO Yashish Dahiya and Dhruv Shringi had worked at European travel co eBookers"
X Link 2024-08-06T15:03Z [----] followers, [---] engagements
"🚨 FirstCry's Rs [----] crore IPO fully subscribed on Day [--] Total subscriptions at [----] times. Institutional investors drive IPO bids. Qualified institutional buyers (QIBs) - 3.92x Retail - 1.76x Non-institutional investors (NII) - 1.72x"
X Link 2024-08-08T08:27Z [----] followers, [----] engagements
"🚨 Logistics co Ecom Express has filed for an IPO Looking to raise Rs [----] crore through the public offering 💰 Primary raise: Rs [----] crore Offer for sale: Rs [----] crore"
X Link 2024-08-16T08:29Z [----] followers, [----] engagements
"🏨 Hospitality startup Oyo has closed a $175 mn round 💰 The biggest investor❓ Founder Ritesh Agarwal through a new entity floated in Singapore 👇 https://thearcweb.com/article/ritesh-agarwal-oyo-softbank-patient-shark-tank-oxObUVuPjb547wbG https://thearcweb.com/article/ritesh-agarwal-oyo-softbank-patient-shark-tank-oxObUVuPjb547wbG"
X Link 2024-08-18T03:09Z [----] followers, [----] engagements
"🚨 Alibaba Group invested nearly $400 mn in Zomato between [----] and [----]. Now riding on Zomato's share price rally it is set to make over $2 billion from the investment. This will be Alibaba's most lucrative India bet https://thearcweb.com/article/ant-financial-alibaba-zomato-exit-79xx190LFrBLSecY https://thearcweb.com/article/ant-financial-alibaba-zomato-exit-79xx190LFrBLSecY"
X Link 2024-08-21T02:56Z [----] followers, [----] engagements
"🚨 PhonePe has launched credit on UPI service 🏦 The move is significant as PhonePe has the largest market share of UPI transactions at 48%. Merchants on PhonePe's payment gateway will also see credit lines on UPI as an additional option"
X Link 2024-08-22T06:49Z [----] followers, [----] engagements
"🚨 This week Zomato said it will acquire Paytm's entertainment ticketing business for $244 million It is an ALL-CASH deal 💰 So what makes founder Deepinder Goyal confident that he can make this work❓ It is Zomato's past track record with acquisitions 🤝"
X Link 2024-08-25T07:38Z [----] followers, [----] engagements
"Zomato was not present in the food delivery business till 2015-16. Initially the company decided to outsource delivery operations. However with the rise of rivals like Swiggy it decided to build logistics and fleet operations. Runnr was an instrumental buyout"
X Link 2024-08-25T07:41Z [----] followers, [---] engagements
"UberEats was a big acquisition by Zomato It helped Zomato consolidate market share in the battle with Swiggy"
X Link 2024-08-25T07:48Z [----] followers, [---] engagements
"Then two acquisitions are powering its quick commerce business. Grofers became the quick commerce business Blinkit which according to analysts is more valuable than the food delivery unit. Wotu became Hyperpure and has had significant growth since the acquisition of Blinkit"
X Link 2024-08-25T07:51Z [----] followers, [---] engagements
"🚨 Paytm says it completed the Rs [----] crore sale of its entertainment ticketing units (Wasteland and Orbgen) to Zomato. "The transaction will generate substantial profits for Paytm with the cash proceeds further bolstering our balance sheet.""
X Link 2024-08-28T04:34Z [----] followers, [----] engagements
"💯 Swiggy confirms that Amitesh Jha is joining as quick commerce unit Instamart's CEO Founder Sirharsha Majety writes to staff announcing the changes 🧑💼 Phani Kishan will head the central growth unit (Swiggy One) and work as chief of staff to Majety as the company plans IPO"
X Link 2024-08-29T08:17Z [----] followers, [----] engagements
"🛒 BigBasket plots a bigger quick commerce play Quick means [--] minutes for groceries and an hour for larger items. Not two days or the next day. We count minutes now. Senior e-commerce executive https://thearcweb.com/article/tatas-bigbasket-include-large-appliances-mobiles-quick-delivery-wJ4iQVhQVjaOOAnZ https://thearcweb.com/article/tatas-bigbasket-include-large-appliances-mobiles-quick-delivery-wJ4iQVhQVjaOOAnZ"
X Link 2024-09-01T05:58Z [----] followers, [---] engagements
"PhonePe reports an operating profit Phonepe is considered a utility app in customers minds when they think about payments. Switching consumer mindset from UPI payments to push lending products is where it will be a test. A fintech industry executive"
X Link 2024-09-01T05:59Z [----] followers, [--] engagements
"🚨 Mintifi is in talks to raise a $100 million round 💰 The supply chain financing startup has doubled its loan disbursals between FY22 and FY23. Last year Mintifi was valued at over $400 million. https://thearcweb.com/article/bain-advent-mintifi-nbfc-fintech-premjiinvest-XGQyUnGbRZIpxZbx https://thearcweb.com/article/bain-advent-mintifi-nbfc-fintech-premjiinvest-XGQyUnGbRZIpxZbx"
X Link 2024-09-02T07:44Z [----] followers, [----] engagements
"🚨 Softbank Vision Fund is in talks to back wearables startup Ultrahuman. The five-year-old startup is seeking a valuation of $300 million in the new round 🏃 https://thearcweb.com/article/ultrahuman-mohit-kumar-softbank-wearables-deepinder-goyal-Nz85Jm6pRu0M2Q4P https://thearcweb.com/article/ultrahuman-mohit-kumar-softbank-wearables-deepinder-goyal-Nz85Jm6pRu0M2Q4P"
X Link 2024-09-04T10:45Z [----] followers, [----] engagements
"🏍 Rapido has raised $200 mn in a round led by WestBridge Capital This takes its total funding to over $500 mn 💰 It now wants to go after the cabs market challenging the duopoly of Ola and Uber 🚖 https://thearcweb.com/article/rapido-raises-200-mn-to-take-on-olauber-duopoly-9TIxmC6EPBIeM10e https://thearcweb.com/article/rapido-raises-200-mn-to-take-on-olauber-duopoly-9TIxmC6EPBIeM10e"
X Link 2024-09-05T06:36Z [----] followers, [---] engagements
"🧮 How do Swiggy and Zomato compare in numbers❓ Swiggy is still making losses though they are coming down. Zomato turned profitable last year. Swiggy's advertising and employee expenses are 20-30% higher than Zomato's when one looks at the consolidated financials"
X Link 2024-09-06T07:01Z [----] followers, [----] engagements
"🍕 Food delivery is the original battleground for Gurgaon and Bangalore-based rivals Zomato has led across metrics like gross sales revenues and active users over the last few years. However both companies' average order value (AOV) and take rate remain at par"
X Link 2024-09-06T07:04Z [----] followers, [---] engagements
"🍞🏪 Quick-commerce has been the new battlefield🥊 Unlike in food delivery where the two companies are a duopoly they face competition here from Zepto Flipkart and Tata-owned Bigbasket. Zomato has pulled ahead in this segment with its acquisition of Blinkit"
X Link 2024-09-06T07:07Z [----] followers, [----] engagements
"🚨 NPCI - which runs UPI and RuPay - reported record profits of $135 mn in FY24. If the NPCI is making too much money as a public utility it is a concern. needs to consider how it redeploys the revenue surplus." https://thearcweb.com/article/npci-upi-net-profit-1000-crore-fy24-dilip-asbe-phone-xlkXHuIp75n9nrW9 https://thearcweb.com/article/npci-upi-net-profit-1000-crore-fy24-dilip-asbe-phone-xlkXHuIp75n9nrW9"
X Link 2024-09-13T05:00Z [----] followers, [---] engagements
"How much of your EV scooter is 'Made in India' Ola Electric: 63% local 37% imported (FY24) Ather Energy: 72% local 28% imported (FY24) Imports from China have risen since FY22 📈"
X Link 2024-09-14T03:24Z [----] followers, [----] engagements
"👨💼 Amazon wants to bring back company veteran Samir Kumar to head the India business. Kumar was part of former Amazon country head Amit Agarwal's India launch team. Agarwal now heads e-commerce across emerging markets for Amazon"
X Link 2024-09-14T06:37Z [----] followers, [----] engagements
"This comes as Ather is set to join Ola Electric in the public markets. Ather filed for a $540 mn IPO this week. Quick takeaways 👇 https://thearcweb.com/article/ather-ipo-hero-motocorp-sales-promoter-ola-zRo1YnMxCXOC6ebe https://thearcweb.com/article/ather-ipo-hero-motocorp-sales-promoter-ola-zRo1YnMxCXOC6ebe"
X Link 2024-09-14T06:44Z [----] followers, [---] engagements
"More on Amazon's latest top-level shuffle 👇 https://thearcweb.com/article/amazon-veteran-samir-kumar-for-top-india-role-manish-tiwary-exit-cxo-DnJTeYZuQMNr7SdD https://thearcweb.com/article/amazon-veteran-samir-kumar-for-top-india-role-manish-tiwary-exit-cxo-DnJTeYZuQMNr7SdD"
X Link 2024-09-14T06:45Z [----] followers, [---] engagements
"UPI operator NPCI: Indias most profitable digital payments company💰 While cos like PhonePe and Paytm still post net losses NPCI recorded a 37% jump in net profit to Rs [----] cr in FY24. Only a few fintech firms like Zerodha have crossed the [----] cr net profit mark"
X Link 2024-09-15T04:19Z [----] followers, [---] engagements
"🚨 Zepto is piloting out a new offering called SuperSaver to target value-conscious customers https://thearcweb.com/article/zepto-tests-supersaver-to-ramp-up-large-orders-jaBwHLXZ1QDIAZ8x https://thearcweb.com/article/zepto-tests-supersaver-to-ramp-up-large-orders-jaBwHLXZ1QDIAZ8x"
X Link 2024-09-17T03:36Z [----] followers, [----] engagements
"🚨 Digital gaming co Nazara to raise Rs [---] crore through a preferential issue Investors include hedge fund Think Investments India's SBI Mutual Fund and Caratlane founder Mithun Sacheti"
X Link 2024-09-18T11:44Z [----] followers, [----] engagements
"The fresh round of fundraising comes as Nazara announced its most expensive acquisition last week 💰 https://thearcweb.com/article/nazara-gaming-pokerbaazi-nitish-mittersain-JIFTfoe6JnOnG1tg https://thearcweb.com/article/nazara-gaming-pokerbaazi-nitish-mittersain-JIFTfoe6JnOnG1tg"
X Link 2024-09-18T11:45Z [----] followers, [---] engagements
"🚨 Groww has been quietly building out it's lending business over the last two years. Earlier this year it rolled out a new app for lending called Groww Credit 📱 Its NBFC now has a proprietary loan book of over $100 mn 📈 https://thearcweb.com/article/groww-nbfc-expands-loan-book-to-115-mn-nKCctdAHTD2rVZP6 https://thearcweb.com/article/groww-nbfc-expands-loan-book-to-115-mn-nKCctdAHTD2rVZP6"
X Link 2024-09-19T03:41Z [----] followers, [---] engagements
"🚨 PhysicsWallah has raised $210 mn in funding led by Hornbill Capital along with Lightspeed Venture Partners Valuation jumps 2.5x in [--] years - from $1.1 bn to $2.8 bn 📈 The new round includes $35 mn cash out for employees and founders 💰 https://thearcweb.com/article/physicswallah-alakh-pandey-billion-edtech-funding-ZgydlW4fsO3rLHns https://thearcweb.com/article/physicswallah-alakh-pandey-billion-edtech-funding-ZgydlW4fsO3rLHns"
X Link 2024-09-20T07:18Z [----] followers, [---] engagements
"🚨 Nazara said that it is raising Rs [---] cr from a slew of investors like SBI Mutual Fund Mithun Sacheti and Think Investments Why❓ To fund a slew of acquisition deals the gaming company has announced since March this year 👇"
X Link 2024-09-22T03:50Z [----] followers, [----] engagements
"🚨 Former Reliance executive Seema Nair has joined Flipkart as the top HR boss 👩💼 Nair's entry into Flipkart comes amid restructuring and leadership changes at the Walmart-owned e-commerce major. https://thearcweb.com/article/flipkart-ropes-in-reliance-top-executive-seema-nair-as-chro-OK5ysfEuHoX9FxXF https://thearcweb.com/article/flipkart-ropes-in-reliance-top-executive-seema-nair-as-chro-OK5ysfEuHoX9FxXF"
X Link 2024-09-24T03:11Z [----] followers, [----] engagements
"Confirmed 💯 M2P Fintech has raised a new round at an $800 mn valuation led by Africa-focused investment firm Helios💰 We were the first to report this development and also explain the logic behind the new round 🤔"
X Link 2024-09-24T05:54Z [----] followers, [---] engagements
"🚨 Whatfix has raised $125 million led by private equity major Warburg Pincus The company's valuation has jumped by 50% to $840-850 million"
X Link 2024-09-25T12:02Z [----] followers, [----] engagements
"🚨 Policybazaar-owner PB Fintech issues a statement on the reports about its plan to open a hospital chain 🏥 "It would be much better if interests were aligned between insurers and Hospitals to give customers amazing claims experience and we believe that would grow insurance penetration.""
X Link 2024-09-26T06:57Z [----] followers, 13.5K engagements
"🚨 Swiggy IPO filing is here 🔔 The company wants to raise Rs [----] crore ($450 million) in primary capital. Prosus Accel Elevation and other early investors to sell part of their shares💰"
X Link 2024-09-26T15:57Z [----] followers, [----] engagements
"The IPO will includes a big share sale by existing investor Prosus https://thearcweb.com/article/swiggy-ipo-prosus-sriharsha-majety-zomato-2M4yex2c2wik3Kzm https://thearcweb.com/article/swiggy-ipo-prosus-sriharsha-majety-zomato-2M4yex2c2wik3Kzm"
X Link 2024-09-26T17:38Z [----] followers, [---] engagements
"🚨 Sachin Bansal's Navi has built a loan book of nearly $1.4 billion over the last four years. However it has calibrated growth over the last 12-18 months amid a broader slowdown in the digital lending space. https://thearcweb.com/article/sachin-bansal-navi-flipkart-personal-loan-upi-4aAlyH3SWBjv3PMf https://thearcweb.com/article/sachin-bansal-navi-flipkart-personal-loan-upi-4aAlyH3SWBjv3PMf"
X Link 2024-10-04T02:27Z [----] followers, [---] engagements
"🚨 Since starting operations as a bike-taxi platform in [----] Rapido has faced one recurring question: Will it survive the next six months❓ Now however the company has broken the duopoly of ride-hailing giants Uber and Ola in India. https://thearcweb.com/article/rapido-ola-uber-duopoly-westbridge-aravind-sanka-40t23KPqtGnyzYXL https://thearcweb.com/article/rapido-ola-uber-duopoly-westbridge-aravind-sanka-40t23KPqtGnyzYXL"
X Link 2024-10-07T02:26Z [----] followers, [---] engagements
"🚨 Former Amazon India head Manish Tiwary to join Nestle India as managing director from August [--] [----] He will replace the current India head Suresh Narayanan who retires after a 26-year career 👨💼 Tiwary had joined Amazon from Unilever in 2016"
X Link 2024-10-07T08:14Z [----] followers, [----] engagements
"Amazon had appointed an insider Samir Kumar as the new India head to replace Tiwary @AditiS90 was the first to break the scoop 💯 https://thearcweb.com/article/amazon-veteran-samir-kumar-for-top-india-role-manish-tiwary-exit-cxo-DnJTeYZuQMNr7SdD https://thearcweb.com/article/amazon-veteran-samir-kumar-for-top-india-role-manish-tiwary-exit-cxo-DnJTeYZuQMNr7SdD"
X Link 2024-10-07T08:16Z [----] followers, [---] engagements
"🚨 Whatfix has announced an ESOP and investor buyback of $58 million Early backers like Helion and Eight Roads to sell a part of their shares"
X Link 2024-10-07T11:37Z [----] followers, [----] engagements
"🚨 Jupiter wants a 26% stake in SBM Bank India 🏦 The fintech valued at about $700 million seeks RBI approval for the stake purchase. https://thearcweb.com/article/jupiter-amica-sbm-bank-india-mauritius-jitendra-gupta-DRIxfMLvqqJon9ud https://thearcweb.com/article/jupiter-amica-sbm-bank-india-mauritius-jitendra-gupta-DRIxfMLvqqJon9ud"
X Link 2024-10-08T02:39Z [----] followers, [----] engagements
"🚨 Digital lending startup Indifi saw a 72% increase in topline to Rs [---] crore in FY24 🏦 The company lends to sellers on Amazon and hotel owners listed on Makemytrip. Indifi has built a loan book of about Rs [----] crore 📈"
X Link 2024-10-09T07:24Z [----] followers, [----] engagements
"🚨 Ola is seeking investor approval to take its ride-hailing business public after listing its electric vehicle business earlier this year 🚖 But unlike the EV business Ola is no longer the market leader in ride-hailing. Detailed report by @AditiS90 https://thearcweb.com/article/ola-logs-quarterly-sales-of-361-mn-seeks-investor-nod-for-ipo-7lvsiJYXIG1uTRMF https://thearcweb.com/article/ola-logs-quarterly-sales-of-361-mn-seeks-investor-nod-for-ipo-7lvsiJYXIG1uTRMF"
X Link 2024-10-10T09:17Z [----] followers, [----] engagements
"🚨 Good Glamm has completed the acquisition of Peebuddy maker Sirona Hygiene The Rs [---] crore deal has been in negotiations for the last few months. https://thearcweb.com/article/good-glamm-settles-sirona-dispute-cash-acquisition-founders-exit-V6SmqL5SIrQIrYHl https://thearcweb.com/article/good-glamm-settles-sirona-dispute-cash-acquisition-founders-exit-V6SmqL5SIrQIrYHl"
X Link 2024-10-10T18:57Z [----] followers, [----] engagements
"🚨 Sabyasachi Goswami is the first professional CEO of Perfios Software Solutions a tech unicorn in the financial services sector. And he has made his presence felt in the past couple of years with: 📌 The $71 million acquisition of Karza Technologies🤝 📌 A highly-publicised $18 million ESOP buyback programme 💰 📌 A shift of the Perfios headquarters from Bangalore to Mumbai and a string of senior leadership hires 🧑💼 But his most ambitious wish is to take Perfios to the US. Is it an outlandish proposition In our latest deep dive @KunalTalgeri analyses Goswami's tenure and posits why the"
X Link 2024-10-14T03:10Z [----] followers, [----] engagements
"🚨 After Ola Electric now consumer regulator CCPA has turned the heat on Ola Cabs 🚖 CCPA has ordered Ola to offer consumers the option to credit refunds to their bank accounts and not just through coupons https://thearcweb.com/article/olas-mobility-biz-faces-consumer-regulator-scrutiny-over-refunds-1cx2LbuRCi76lUE1 https://thearcweb.com/article/olas-mobility-biz-faces-consumer-regulator-scrutiny-over-refunds-1cx2LbuRCi76lUE1"
X Link 2024-10-14T06:07Z [----] followers, [----] engagements
"🚨 Peak XV Partners is in advanced discussions to lead a new round in Dashtoon a digital comic book startup 💬 The deal is one of the largest series A funding rounds in India's generative artificial intelligence space 👨💻 https://thearcweb.com/article/peak-xv-partners-stellaris-dashtoon-artificial-intelligence-tsFK0olsWAWjOwdi https://thearcweb.com/article/peak-xv-partners-stellaris-dashtoon-artificial-intelligence-tsFK0olsWAWjOwdi"
X Link 2024-10-16T10:39Z [----] followers, [----] engagements
"🚨 Aditya Birla's fashion brands aggregator TMRW has increased its stake in Wrogn to 33% from 17% for Rs [--] crore Wrogn - backed by Accel and Virat Kohli - entered into an acquisition deal with TMRW earlier this year"
X Link 2024-10-17T06:53Z [----] followers, [----] engagements
""They don't immediately need the money. The food business is profitable and they are claiming even Blinkit is on that path. Then why the capital raise" https://thearcweb.com/article/zomato-plots-capital-raise-to-oneup-ipoready-swiggy-E3KuRLIkB2EJ8grQ https://thearcweb.com/article/zomato-plots-capital-raise-to-oneup-ipoready-swiggy-E3KuRLIkB2EJ8grQ"
X Link 2024-10-17T13:34Z [----] followers, [---] engagements
"Navi Finserv statement - "The company is reviewing the directions received from the Honble Reserve Bank of India and will work with them and address all the concerns raised with promptness and completeness.""
X Link 2024-10-17T14:26Z [----] followers, [----] engagements
"🚨 Skilling and higher education platform Eruditus has closed a $150 million round from TPG's Rise Fund The company is targeting $595 million in revenues in FY25 and hit net profitability. https://thearcweb.com/article/eruditus-gets-150-mn-from-tpg-rise-eyes-profitability-by-fy25-Su6nFlJuRVg0DzdT https://thearcweb.com/article/eruditus-gets-150-mn-from-tpg-rise-eyes-profitability-by-fy25-Su6nFlJuRVg0DzdT"
X Link 2024-10-18T08:11Z [----] followers, [---] engagements
"🚨 Fullerton Financial to take a controlling stake in Lendingkart by investing an additional Rs [---] crore. Lendingkart gives small and medium businesses (SMBs) loans typically of Rs 6-7 lakh. Fullerton is owned by Singapore's state investment firm Temasek"
X Link 2024-10-18T10:12Z [----] followers, [----] engagements
"🍗 Licious saw its offline sales drop from Rs [--] crore in FY23 to Rs [--] crore in FY24. This reduced its overall revenues by 8% in FY24 even as it reduced losses 📉 It is banking on acquisitions to rev up growth. ✍ @AditiS90 https://thearcweb.com/article/fy24-licous-offline-revenue-temasek-3one4-v9OxQ2KAqT2R1ITx https://thearcweb.com/article/fy24-licous-offline-revenue-temasek-3one4-v9OxQ2KAqT2R1ITx"
X Link 2024-10-20T03:46Z [----] followers, [---] engagements
"🏦 The RBI has barred Sachin Bansal's Navi from issuing new loans citing "excessive" interest rates. Lending makes up over 90% of Navi's revenues despite its presence in mutual funds and insurance sectors. ✍ @madhavchanchani https://thearcweb.com/article/rbi-sachin-bansal-navi-loans-excessive-interest-nyKU15f8F0UhvwBj https://thearcweb.com/article/rbi-sachin-bansal-navi-loans-excessive-interest-nyKU15f8F0UhvwBj"
X Link 2024-10-20T04:04Z [----] followers, [----] engagements
"💄 Beauty products platform Purplle has mopped up $180 in funding one of the largest rounds in [----] New investors include Sharrp Ventures also an early backer of Purplle's larger rival Nykaa. ✍ @Shraddha084 https://thearcweb.com/article/purplle-adia-nykaa-sharrp-rishabh-mariwala-edW5oXKg7mX2fgri https://thearcweb.com/article/purplle-adia-nykaa-sharrp-rishabh-mariwala-edW5oXKg7mX2fgri"
X Link 2024-10-20T04:26Z [----] followers, [---] engagements
"Zomato surprised the market by announcing plans to raise funds despite already having $1.5 bn in reserves. But it's Zomato's first move toward becoming an Indian-owned & controlled company The timing aligns with Swiggys upcoming IPO. ✍ @AditiS90 https://thearcweb.com/article/zomato-qip-to-raise-domestic-shareholding-create-2-bn-war-chest-V1p6A06tCWFFM6jT https://thearcweb.com/article/zomato-qip-to-raise-domestic-shareholding-create-2-bn-war-chest-V1p6A06tCWFFM6jT"
X Link 2024-10-20T05:32Z [----] followers, [---] engagements
"Interestingly local wealth management firms and HNIs are emerging as the biggest buyers of Swiggys pre-IPO shares not global hedge funds. VCs like Elevation and Norwest are making 25-30x returns by selling shares to them 🤑 ✍ @madhavchanchani https://thearcweb.com/article/swiggy-unlisted-shares-torroz-elevation-norwest-strootaay-a55mOn9BUUBYzyY4 https://thearcweb.com/article/swiggy-unlisted-shares-torroz-elevation-norwest-strootaay-a55mOn9BUUBYzyY4"
X Link 2024-10-20T05:32Z [----] followers, [---] engagements
"🚨 WeWork's India joint venture is planning a public listing at over $2 billion valuation 📈 This comes after the collapse of the recent fundraising plans from investors like Enam and Caratlane founder Mithun Sacheti 💰 https://thearcweb.com/article/wework-bankrupt-embassy-india-virwani-yardi-ipo-aj5YeU3stScxjile https://thearcweb.com/article/wework-bankrupt-embassy-india-virwani-yardi-ipo-aj5YeU3stScxjile"
X Link 2024-10-21T05:21Z [----] followers, [----] engagements
"Groww is the first major Unicorn to shift domicile from the USA to India. Due to the taxes paid for the domicile shift Groww has slipped into losses during the year. https://thearcweb.com/article/groww-tax-usa-india-domicile-shift-revenue-fy24-acvE9vR4hL1mRai9 https://thearcweb.com/article/groww-tax-usa-india-domicile-shift-revenue-fy24-acvE9vR4hL1mRai9"
X Link 2024-10-21T08:58Z [----] followers, [---] engagements
"Stockbroking unit accounts for over 90% of Groww's revenues. Breakdown of the broking business numbers 👇 https://thearcweb.com/article/groww-stock-broking-revenues-zerodha-lalit-keshre-1CEpU1b7jeklBYsi https://thearcweb.com/article/groww-stock-broking-revenues-zerodha-lalit-keshre-1CEpU1b7jeklBYsi"
X Link 2024-10-21T09:24Z [----] followers, [---] engagements
"Groww has also started building a lending business where the focus is now on secured loans This unit has built a loan book of $115 million https://thearcweb.com/article/groww-nbfc-expands-loan-book-to-115-mn-nKCctdAHTD2rVZP6 https://thearcweb.com/article/groww-nbfc-expands-loan-book-to-115-mn-nKCctdAHTD2rVZP6"
X Link 2024-10-21T09:25Z [----] followers, [---] engagements
"🎁 Boxes are packed and ready Sending something special to our top readers this Diwali 🎉 ✨ Stay tuned. its coming soon #DiwaliwithArc"
X Link 2024-10-21T10:54Z [----] followers, [----] engagements
"🚨 Earlier this year property developer Embassy Group tried buying WeWork US 27% stake in WeWork India at a [----] valuation. WeWork US demanded double the price from Embassy its JV partner. The deal collapsed"
X Link 2024-10-22T03:10Z [----] followers, [----] engagements
"But it set the stage for a bigger play: a potential IPO for WeWork India at a $2-bn valuation. What will a stock listing mean for the two sides https://thearcweb.com/article/wework-bankrupt-embassy-india-virwani-yardi-ipo-aj5YeU3stScxjile https://thearcweb.com/article/wework-bankrupt-embassy-india-virwani-yardi-ipo-aj5YeU3stScxjile"
X Link 2024-10-22T03:11Z [----] followers, [---] engagements
"🚨 NPCI has granted Paytm approval to onboard new UPI users. Until now Paytm has only been allowed to migrate the existing [---] mn users as a third-party app. Due to churn its monthly transacting users (MTUs) fell from [---] mn in December [----] to [--] mn in September 2024"
X Link 2024-10-23T02:04Z [----] followers, [----] engagements
"🚨 Cred has started rolling out its pre-paid wallet to customers. The company got a PPI license in [----] with the acquisition of Hipbar. This comes as Cred has pushed into the digital payments business emerging as fourth-largest UPI app"
X Link 2024-10-23T07:31Z [----] followers, [----] engagements
"🚨 For deep-tech startups flipping back to India is still not an option because of the lack of funding options What is still a big black hole in India is that we don't have Series B capital said biotech startup Bugworks Anand Anandkumar https://thearcweb.com/article/flip-usa-india-deeptech-biotech-bugworks-groww-phonepe-startups-4XNP4TvpfnToARF0 https://thearcweb.com/article/flip-usa-india-deeptech-biotech-bugworks-groww-phonepe-startups-4XNP4TvpfnToARF0"
X Link 2024-10-27T04:00Z [----] followers, [----] engagements
"💰 Paytm has close to Rs [-----] cr cash in the bank after the sale of its ticketing biz to Zomato. It uses this cash pile to ramp up the lending business starting with giving guarantees for loans. @KunalTalgeri explains ✍ https://thearcweb.com/article/paytm-rbi-lending-vijay-shekhar-sharma-loss-guarantee-6sDsxCeiYY8toLlm https://thearcweb.com/article/paytm-rbi-lending-vijay-shekhar-sharma-loss-guarantee-6sDsxCeiYY8toLlm"
X Link 2024-10-27T04:17Z [----] followers, [----] engagements
"The two companies got NCLT approval for the merger in August https://thearcweb.com/article/slice-nclt-approval-merger-north-east-small-finance-bank-LdwNtMotHi7ulfpK https://thearcweb.com/article/slice-nclt-approval-merger-north-east-small-finance-bank-LdwNtMotHi7ulfpK"
X Link 2024-10-28T03:42Z [----] followers, [---] engagements
"🚨 Fintech NBFCs like Navi Fibe and Ring have seen an uptick in their non-performing assets (NPAs) in recent quarters 🏦 This comes one year after the RBI tightened norms around unsecured loans. https://thearcweb.com/article/fintech-nbfc-npa-rbi-unsecured-navi-fibe-ring-VQ3gzVjOT69g0Jo2 https://thearcweb.com/article/fintech-nbfc-npa-rbi-unsecured-navi-fibe-ring-VQ3gzVjOT69g0Jo2"
X Link 2024-10-29T02:49Z [----] followers, [----] engagements
"🚨 Swiggy has reduced the offer for sale (OFS) part of the issue by 5% OFS - Rs [----] cr Primary raise - Rs [----] cr The largest shareholder Prosus has pared its OFS by about [--] mn shares. It will continue to hold close to 25% post-issue. #swiggy #swiggyipo 🚨 Swiggy set to price the IPO at Rs 371-390 per share At the upper end here are the returns for key investors Accel - 35x Elevation Capital - 34x Prosus - 3x Tencent - 2.4x https://t.co/UMZ6XYkHBv 🚨 Swiggy set to price the IPO at Rs 371-390 per share At the upper end here are the returns for key investors Accel - 35x Elevation Capital - 34x"
X Link 2024-10-29T07:56Z [----] followers, [----] engagements
"🚨 Swiggy Vs Zomato: Decacorn Duel Heats Up Swiggy raced ahead in food delivery from [----] to [----] but Zomato took the lead after. Now with Swiggys IPO on the horizon both are prepping for a showdown in the public markets. Our exclusive report https://docsend.com/v/7v8z5/swiggyfilesbythearc https://docsend.com/v/7v8z5/swiggyfilesbythearc"
X Link 2024-10-30T11:51Z [----] followers, 12K engagements
"🚨 Facebook-owner Meta has reported gross advertising revenues of over $2.7 bn in India 📈 This is a 24% growth in ad sales for the platform which owns #Whatsapp and #Instagram. https://thearcweb.com/article/facebook-whatsapp-meta-india-ad-sales-zuckerberg-2qrk7DPTuMLxmTPK https://thearcweb.com/article/facebook-whatsapp-meta-india-ad-sales-zuckerberg-2qrk7DPTuMLxmTPK"
X Link 2024-10-31T11:33Z [----] followers, [----] engagements
"Fintech NBFCs are seeing an uptick in non-performing assets (NPAs) amid a slowdown in new loan disbursements 📉 This comes about a year after RBI's crackdown on unsecured lending. @KunalTalgeri looks at the numbers of Navi Fibe Ring & more https://thearcweb.com/article/fintech-nbfc-npa-rbi-unsecured-navi-fibe-ring-VQ3gzVjOT69g0Jo2 https://thearcweb.com/article/fintech-nbfc-npa-rbi-unsecured-navi-fibe-ring-VQ3gzVjOT69g0Jo2"
X Link 2024-11-03T04:06Z [----] followers, [----] engagements
"☁ Amazon's cloud business in India has seen a growth slowdown after seeing a high double-digit jump earlier This comes as there has also been a top-level churn at Amazon Web Services India since last year. https://thearcweb.com/article/fy24-amazon-cloud-web-andy-jassy-jeff-bezos-revenue-BDoN7GVR95oXhHa0 https://thearcweb.com/article/fy24-amazon-cloud-web-andy-jassy-jeff-bezos-revenue-BDoN7GVR95oXhHa0"
X Link 2024-11-03T05:00Z [----] followers, [----] engagements
"🚨 #Swiggy has raised Rs [----] crore from anchor investors for the Rs [-----] crore IPO This means that 45% of the public offering has already been subscribed. SBI Mutual Fund Kotak Mutual Fund Blackrock Fidelity and Oaktree among investors #SwiggyIPO"
X Link 2024-11-05T17:08Z [----] followers, [----] engagements
"🚨 Swiggy IPO subscribed by 12% on the first day Qualified Institutional Buyers (QIBs) - 0% Non-institutional investors (NIIs) - 6% Retail individual investors (RIIs) - 54% Employee quota - 74%"
X Link 2024-11-06T12:02Z [----] followers, [----] engagements
"🚨 Freshworks plans to spend a massive $400 million on a share buyback programme This comes as Freshworks' share price is still at $13 which is 64% below the IPO price in [----] https://thearcweb.com/article/freshworks-400-million-buyback-girish-mathrubootham-saas-bNDITP1xFKB73ABk https://thearcweb.com/article/freshworks-400-million-buyback-girish-mathrubootham-saas-bNDITP1xFKB73ABk"
X Link 2024-11-07T02:08Z [----] followers, [---] engagements
"🏋 Health and fitness products maker Boldfit has raised Rs [---] crore in a funding round led by Bessemer Venture Partners Bootstrapped for five years the company has reached a revenue run rate of over Rs [---] crore 📈 https://thearcweb.com/article/boldfit-raises-13-mn-round-from-bessemer-at-a-valuation-of-74-mn-p81BRZGFFZPWIoBh https://thearcweb.com/article/boldfit-raises-13-mn-round-from-bessemer-at-a-valuation-of-74-mn-p81BRZGFFZPWIoBh"
X Link 2024-11-07T11:27Z [----] followers, [---] engagements
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