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Bengaluru-based SaaS firm Happay recorded a 28% rise in scale to Rs 106.5 Cr in the fiscal year ending March 2023. Happay was acquired by the Kunal Shah led firm CRED in a cash-and-stock deal worth $180 Mn in 2021. Read more: thekredible.com/blogs/cred-own…

StackBox secured Rs 8.8 Cr in a pre-Series A round held in 2022. Its current shareholding pattern is: * Boora Shanmukha: 21.63% * Sayasachi Bhattacharjee: 20% * Value Sales Inc: 4.25% * Cosme Matias Menezes: 3% * Ecosystem Ventures: 2.48% Follow TheKredible for more insights.

Regional ice cream brands are witnessing quite the funding inflow. Q1 2024 has already recorded 3 deals with NIC securing $20 Mn. Frubon and Dairy Day deals remained undisclosed. In 2023, the segment raked in a total of $14 Mn. Visit @TheKredible for more insights.

Tata 1mg backed healthcare firm 5C Network’s revenue dwindles 20% to Rs 18.75 Cr in FY23. It secured close to Rs 84 Cr through 7 fundraises since inception. Recently it raised more than Rs 25 Cr in a Series B round led by Redwood India. Read more: thekredible.com/blogs/5c-netwo…

Incorporated in 2008, PolicyBazaar raised its maiden round a few months later. It went on to secure over Rs 2,000 Cr before turning unicorn in 2018. In 2021, the Alok Bansal-led firm opened IPO worth Rs 5,710 Cr. For more details, visit TheKredible.

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TheKredible: Week-on-Week Startup Funding Trend Last week, startup funding dropped 28% to $222.7 Mn from the previous week’s $310 Mn. The avg funding in the last 8 weeks stands at $247 Mn with 26 deals per week. Report: thekredible.com/reports #Startup #WeeklyFunding #Report

TheKredible: Weekly Funding Summary This week, 27 startups raised ~$222.7 Mn in funding. This includes 7 growth stage deals and 17 early stage deals. 3 early-stage startups did not disclose the amount raised. Report: thekredible.com/reports #Startup #WeeklyFunding #Report

AI machine learning firm Metadome.ai raised its maiden round in 2021 led by Chiratae Ventures and Lenskart. Its current shareholding pattern is: * Kanav Singla: 30.99% * Chiratae Ventures: 16.12% * Jyoti Singla: 12.13% Follow TheKredible for more insights.

Domestic e-waste recycling startups are gearing up to capitalize on a new revenue stream — recycling lithium-ion batteries. While most of these companies have generated profits, Log9 Materials is yet to cross over. Read TheKredible’s data in FE: financialexpress.com/business/sme-e…

Agritech is seldom eventful in India. But for the industry’s leading companies, the past year has been nothing short of that. While trying to fill gaps in the sector, WayCool struggled to scale margins and later pivoted to offer SaaS solutions. TheKredible’s data in The Ken.

Agritech firm Fasal registered 3.4X rise in its scale to Rs 18.8 Cr in FY23. The six-year-old company has raised over Rs 150 Cr through 5 fundraises. It last raised Rs 100 Cr in a Series A round. Read more: thekredible.com/blogs/fasal-re…

Established in 2018, Pocket FM raised its maiden funding round in a year. In late 2022, it had a legal spat over copyright issues with Kuku FM. This ended with a settlement from both parties. It recently entered the digital novel space. Visit @TheKredible for more details

Logistics firm Rivigo recorded its revenue dwindling over 83% to Rs 114 Cr in FY23. It has accumulated a total of over Rs 2,217 Cr. It last raised Rs 16 Cr in 2022 in its Series H round led by Elevation Capital. Read more: thekredible.com/blogs/rivigos-…

TheKredible: Week-on-Week Startup Funding Trend Last week, startup funding grew 195% to $109.6 Mn from the previous week’s $105 Mn. The avg. funding in the last 8 weeks stands at $267 Mn with 27 deals per week. Report: thekredible.com/reports #Startup #WeeklyFunding #Report

TheKredible: Weekly Funding Summary This week 27 startups raised $309.6 million in funding. This included 10 growth stage deals securing $227.86 Mn and 17 early stage deals raised $83.76 Mn. Report: thekredible.com/reports #Startup #WeeklyFunding #Report

Pharmaceutical firm La Renon registered 37% growth in its top scale to Rs 1,168.8 Cr in FY23. Established in 2007, it has secured over Rs 320 Cr through funding. It latest round raked in close to Rs 220 Cr led by A91 Partners in early 2021. Read more: thekredible.com/blogs/la-renon…

Mumbai based décor startup Arrivae recorded 21% growth in revenue in FY23 to Rs 43.46 crore. The firm has gathered over Rs 195 crore through 4 funding rounds. It last secured its extended Series B round of Rs 20.8 crore earlier this month. Read more: thekredible.com/blogs/arrivae-…

SaaS platform Mintoak secured its Series A round of Rs 165.7 crore led by Paypal Ventures early last year. Its major shareholders are: 1. Pravega Ventures: 19.55% 2. PayPal: 7.76% 3. HDFC Bank: 7.75% 4. ESOP: 6.47% Complete shareholding pattern: thekredible.com/company/mintoa…

Foodtech firm Storia’s scale witnessed a two fold rise to Rs 113.3 Cr in FY23 as compared to the preceding fiscal’s Rs 56 Cr. It secured close to Rs 45 Cr in its maiden funding round held in late 2021 led by Sixth Sense Ventures. Read more: thekredible.com/blogs/storias-…

Q1 2024 saw 7 startups conducting ESOP buybacks. While 4 are yet to disclose the deal size, Meesho had the highest buyback of $24 Mn. Although January did not have any buybacks, February and March had 2 each. April, so far, has seen 3 ESOP buybacks. Insights at @TheKredible