Nazara’s NODWIN expands portfolio with acquisition of Trinity …
Nov 29, 2024 · Nazara Technologies backed NODWIN Gaming has acquired a gaming agency Trinity Gaming in a deal valued at Rs 24 crore ($2.8 million). This acquisition will see Trinity Gaming become a fully owned subsidiary of NODWIN Gaming, marking a significant step in expanding its reach and capabilities within the Indian gaming and content ecosystem.
CRED nears Rs 2,500 Cr revenue in FY24; cuts operating losses by …
Sep 30, 2024 · Reward-based payments platform CRED continues its growing financial journey on the results side for the fiscal year ending March 2024. The fintech unicorn reported 66% growth in its scale during the last fiscal year, while also managing to reduce operating losses by 41%, bringing them close to Rs 600 crore.
MobiKwik posts Rs 875 Cr revenue and Rs 14 Cr profit in FY24
Aug 20, 2024 · In January this year, MobiKwik filed its draft red herring prospectus (DRHP) with the market regulator SEBI to raise Rs 700 crore from its IPO. The firm also reported profitability during the first half of FY24 with Rs 9.5 crore PAT and an operating revenue of Rs 381 crore.
Indian startups raise $972 Mn in November, powered by Zepto …
Dec 2, 2024 · Indian startups nearly reached $1 billion in funding in November, boosted by major deals in e-commerce, healthtech, and fintech. While funding was slightly lower than in October, big investments in companies like Zepto and HealthKart showed strong investor interest.
Indian startups raised $1.3 Bn in May, highest funding in ... - Entrackr
Jun 3, 2024 · Investments in Indian startups reached a new height in May as the total funding influx crossed the $1.3 billion threshold. The surge can be attributed to Google-Flipkart's $350 million deal, a couple of $100 million plus rounds, and several growth stage fundings.. Indian startups mopped up $1.34 billion across 128 deals in May, according to data compiled by startup data intelligence platform ...
RBI lifts loan sanction ban on Sachin Bansal-led Navi Finserv
Dec 2, 2024 · RBI lifts loan sanction ban on Sachin Bansal-led Navi Finserv RBI has lifted the restrictions previously placed on Navi Finserv, enabling the non-banking financial company (NBFC) to resume loan sanctions and disbursals.
All Stories | Entrackr
3 days ago · Oyo raises $65 Mn from Ritesh Agarwal’s Redsprig Innovation. Hospitality major Oyo has raised Rs 550 crore (approximately $65 million) from Redsprig Innovation Partners, an affiliate entity of the company’s founder Ritesh Agarwal.
Zoho posts Rs 2,800 Cr profit in FY23, revenue up by 30% - Entrackr
Feb 1, 2024 · Zoho is one of the few tech companies which has managed to crack the industry code of growing scale along with a healthy bottom line, and that too without any external capital – its operating revenue spiked nearly 30% in FY23 whereas profits crossed Rs 2,800 crore.
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 $100 million in June last year. According to the startup data intelligence platform TheKredible, Softbank is the largest external stakeholder followed by Premji Invest and Kedaara Capital.As per Fintrackr’s estimates, its enterprise value to …
NODWIN Gaming receives Rs 64 Cr from parent Nazara …
Dec 5, 2024 · Gaming and esports company Nodwin Gaming has received approval of Rs 64 crore ($ million) in funding from its parent company Nazara Technologies.