Blume Ventures backed BeatO to foray in Southeast Asian Market

Health-tech startup BeatO announced on Wednesday that it is all set to foray into the highly completive Southeast Asian Market. The startup, which helps in controlling and managing diabetes, will be making its debut in the Asean market by first launching its products in the Singapore market. The company has already partnered with Ascensia Diabetes…

ByGirish ShettiJanuary 27, 20210Comments

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After a mega series B round, Wakefit.co offers ESOPs worth INR 15 Cr

Wakefit.co, India’s leading D2C brand in the sleep and home-solutions space, announced on Friday that it is all set to offer its employees an Employee Stock Ownership Plan (ESOP) buyback option. The ESOP buyback will be worth INR 15 crore and will help Wakefit.co’s 15-20 employees in creating substantial wealth. Ankit Garg, Co-founder & CEO Wakefit The…

ByGirish ShettiJanuary 22, 20210Comments

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Zerodha faces Outage issue, trends on Twitter

Online stock trading platform Zerodha faced an outage issue on Wednesday, with customers repeatedly complaining that Zerodha’s console is working utterly slowly. Many customers also complained that they have been unable to access their accounts. Logo of online stocking trading platform Zerodha Zerodha’s outage issue seems to have eventually ballooned as it was one of the main…

ByGirish ShettiJanuary 20, 20210Comments

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YoloBus clocks Rs 4 Cr loss & earns Rs 3.5 Cr revenue in Fy20

Gurugram headquartered inter-city bus service startup YoloBus has clocked approximately INR 4 Cr loss in the FY20. According to the regulatory filings, the company’s exact loss amount stands at Rs 40,759,968. The company’s revenue for the same financial year stood at approximately Rs 3.5 Cr, with the regulatory filing showing that the exact revenue amount…

ByGirish ShettiJanuary 13, 20210Comments

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Shripad Nadkarni joins Inner-wear Brand XYXX as mentor & investor

Inner-wear brand XYXX has brought on board ace marketer Shripad Nadkarni on its board of directors team. Known for his shrewd marketing brain, Nadkarni is also a popular angel investor and co-creator of popular startups like Paper Boat and Epigamia. He is also the Founder of Maverix Platforms , a cloud kitchen venture. Photo of Shripad…

ByGirish ShettiJanuary 7, 20210Comments

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F&B startup &Me clocks Rs 3 Cr Revenue while Losses rise by 3X in FY20

In 2020 when pandemic increased the importance of healthy lifestyle, health oriented F&B companies should be conventionally leveraging the situation to increase their business. Women focused F&B startup &Me, which is operated by Merhaki Foods and Nutrition Private Limited, somewhat managed to tilt the advantage of COVID-19 in its favor in FY20. Healthy &Me drinks for…

ByGirish ShettiJanuary 1, 20210Comments

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Krazybee appoints Ex-RBI Director G Gopalakrishna as Independent Director

NBFC and Fintech startup Krazybee has appointed former Executive Director (ED) of Reserve Bank of India G Gopalkrishna as an independent director. Former Executive Director (ED) of Reserve Bank of India G Gopalkrishna The Bengaluru based startup said in its official press release that Mr. Gopalakrishna will bring a wealth of financial experience for the company. The…

ByGirish ShettiDecember 30, 20200Comments

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Indian startups secured $11.4 Bn funding in 2020: Annual Report

In the wake of coronavirus pandemic, Indian startups had to go through one of the most challenging times in recent memory. However, despite all the gloom and doom and overarching shadow of the pandemic, the Indian startup industry managed to show some resilience. In a way 2020 was like a litmus test with an unprecedented…

ByGirish ShettiDecember 29, 20200Comments

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Tripoto clocks loss of Rs 11 Cr as revenue rises only marginally in FY20

Travel startup Tripoto clocked a loss of approximately 11 Cr as the company managed to control its expanses while revenue increased only marginally. As per the regulatory filings accessed by Techpluto, Tripoto earned roughly revenue of 11 Cr in FY20 as compared to INR 9 Cr it earned in FY19. Logo of travel startup Tripoto As for…

ByGirish ShettiDecember 19, 20200Comments

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Stellapps loss doubles to Rs 37 Cr in FY20 as revenue declines by 1X

Stellapps technologies, which offers Internet of Things (IOT) in daily supply chain space, has recently filed its financial statements for FY20. According to the regulatory filings accessed by Techpluto, Stellapps’ net loss more than doubled in FY20 at Rs 37 Cr as compared to roughly 18 Cr it had incurred in FY19. Logo of dairy supply…

ByGirish ShettiDecember 18, 20200Comments

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