Cult.fit Reports ₹1,216 Crore in Revenue with a ₹481 Crore Loss for FY25
Fitness tech company Cult.fit reported over 31% growth in operating revenue for FY25, with losses narrowing.
“IPF Secures Seed Funding Led by Titan Capital to Revolutionize Kids’ Resale Market”
IPF, a peer-to-peer marketplace for kids’ products, has raised Rs 3.2 crore in seed funding led by Titan.
“Lawyered Secures ₹8.5 Crore in Groundbreaking Funding Round on IdeaBaaz”
Lawyered raised Rs 8.5 crore on IdeaBaaz, marking the largest funding announced on Indian television.
Rotoris Watches Secures $3 Million Investment from Nikhil Kamath, Vivek Oberoi, and More
Analog watch startup Rotoris has raised $3 million, led by Nikhil Kamath and Vivek Anand Oberoi.
Jindal Group Launches Trevel to Revolutionize Urban Mobility and Compete with Major Players like Ola and Uber
Jindal Group launched Trevel, an electric cab service, aiming to compete with Ola, Uber, and Rapido.
Highlights of Indian Startup Funding and Acquisitions: December 8-13
This week, 22 Indian startups raised $137.68 million, down 50% from $272.67 million last week.
Shiprocket Seeks to Generate Rs 1,100 Cr with Revamped DRHP for New Share Issuance
Logistics platform Shiprocket filed an updated draft red herring prospectus for its Rs 2,342.35 crore IPO.
Swiggy Wraps Up ₹10,000 Crore QIP at Just Below Floor Price
Swiggy has closed its Rs 10,000 crore QIP, raising funds from institutional investors at Rs 375 per share.
ElasticRun, the Kirana Commerce Unicorn, Slashes Losses by 60% in FY25
ElasticRun stabilised its scale in FY25 with GMV rising 9% to Rs 2,653 crore after prior declines.
Dhan Reaches New Heights: 45X Returns for Kunal Shah, PhonePe Founders, and Angel Investors
Dhan has facilitated early-stage exits, securing hefty returns for angel investors in fintech.
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