Kunal Shah-led @CRED_club recently revealed its FY23 financials showing 3.5X growth in scale to Rs 1,400 Cr
Check out the ownership structure of CRED here:
➤Kunal Shah: 12.1%
➤Peak XV Partners: 10.4%
➤QED Labs: 10.7%
Visit @TheKredible for more details
thekredible.com/company/cred/f…
TheKredible
1,349 posts
TheKredible is a data platform that dives deep to get the critical numbers of Indian startups across domains.
Joined September 2021
- Reliance-backed startup @DunzoIt has raised around $480 million to date from Google, Lightrock, Lightbox, Alteria Capital, Blacksoil and more. Check out the shareholding pattern of the quick commerce platform, Dunzo at: thekredible.com/company/dunzo/… Follow @TheKredible for more.
- Acquisitions by Indian Unicorns Discover the acquisitions made by notable unicorns of India! Flipkart is leading the list with over 20 acquisitions followed by Byju’s, Mensa Brands, Zomato, Cultfit, and upGrad. #Acquisitions #Startups #TheKredible
- EV Startups Charging Ahead: Investment Highlights of EV Startups since 2021. Some of the top fundraising startups include: Ola Electric, Ather Energy, Yulu and more. #EVStartups #ElectricMobility #Sustainability #Innovation #CleanEnergy #GreenTech #Funding #Financials
- Among stockbroking platforms in India, Groww outpaced Zerodha in the race of active users. Groww: 6.63 million Zerodha: 6.48 million However, when delving into financial performance and valuation, Zerodha is ahead of its peers including Groww. #Zerodha #Groww #ZerodhaVsGroww
- While Maharashtra produced the maximum of 40 unicorn founders, Delhi came in a close second with 36 founders. Uttar Pradesh, Rajasthan, and Tamil Nadu came in next with a total of 26, 23, and 22 founders.
- Flipkart spent the most in FY22 on its employee benefits across the Indian unicorns with Rs 3735.7 crore. Paytm is the second biggest spender on salaries and staff welfare with Rs 2431.9 crore followed by Eruditus, OYO, and Zoho. For more insights, visit @TheKredible.
- Former Unicorns of India: Funding & Financial Insights While India saw the 110th unicorn recently, a bunch of startups are no longer in the club of unicorns as their valuation slipped below the $1 billion mark due to several reasons. #TheKredible #Unicorn #Startup #Valuation
- Fintech company Fintso saw a sharp drop in its revenue to Rs 4.65 crore in FY23 with losses amounting to Rs 14.64 crore. The four year old company has been backed by Datacomp Web Technologies and @LodhaVentures among others. Visit thekredible.com/company/fintso… for full details
- 🚀 Introducing TheKredible: Your Gateway to Company Insights! Get ready to unlock a world of credible data that empowers you like never before. #TheKredible #Startups #DataDrivenDecisions #StartupInsights
- Since launching as a beauty brand in 2016, Mamaearth has raised over Rs 1,698 crores ($218 Mn) in funding from Peak XV Partners and Sofina among others. Get full details of Mamaearth and it’s recent financial performance at thekredible.com/company/mamaea….
- Weekly Funding Summary 🚀💰 This week, 30 Indian startups raised about $190 Mn Top fundraisers👇 Bright Money: $62 Mn Doceree: $35 Mn Third Wave Coffee: $35 Mn To get city & segment wise deals, series wise funding, M&A & more, visit: thekredible.com/reports #funding #startup
- B2B e-commerce platform Udaan’s gross revenue contracted by 43% to Rs 5,629 Cr in FY23 against Rs 9,900 Cr in FY22 Udaan’s losses also shrank over 33% to Rs 2,076 Cr during the year from Rs 3,132 Cr in FY22 Get more at: thekredible.com/company/udaan/… #UdaanFinancials #UdaanFY23 #startup















