Inc42 Profile picture
The Authoritative Voice On The Indian Startup Ecosystem
May 31 10 tweets 3 min read
The numbers are in! Here’s a quick recap of some of the hottest startups that released their financials in the month of May ➡️

Some key highlights:

🔶 Zomato’s PAT stood at INR 351 Cr in FY24 as against a loss of INR 971 Cr in FY23.

A thread🧵: (1/10) Image (2/10) Image
May 7 4 tweets 1 min read
Incred Alternative Investments, the alternative asset management unit of InCred Capital, has marked the first close of its maiden private equity fund.

A thread🧵: (1/4) Launched late last year, InCred Growth Partners Fund – I (IGPF – I) has garnered capital commitments of over INR 330 Cr in the first close, with a target of final close at INR 500 Cr.

(2/4)
Nov 5, 2023 4 tweets 1 min read
After nearly a decade in India, food delivery is finally a profitable business. But it’s not just Zomato — Swiggy, too, is close to cracking profitability.

Zomato’s second consecutive profitable quarter shows that the company in particular has figured it out.

A thread: (1/4) The Deepinder Goyal-led company capitalised on the revenue momentum in FY24 and seems poised to become a profit-making machine based on what we have seen this year.

(2/4)
Nov 21, 2022 7 tweets 3 min read
General Partners (GP) are the showrunners of a #VC firm. If they perform well, they can make big money. But if they lose, their career is over.

A 🧵on how do VCs make money… #VCs make money in 2 ways:

1️⃣ Management Fee - typically 2% per annum of the total corpus across the fund lifecycle (10 years)

2️⃣ Carry - usually 20% of the profits generated after returning the initial capital of the investors

Let’s take the recent example of #IndiaQuotient👇
May 3, 2022 6 tweets 6 min read
.@CCI_India has reportedly made a change in its interpretation of the ‘relevant market’, leading to several digital platforms facing #antitrust probes.

1/n
inc42.com/buzz/parliamen… The development comes at a time when a lot of tech companies are under the antitrust body’s scanner🔍

👉 #Amazon, #Flipkart, #Google, #Zomato, #Swiggy, #Apple and more

@CCI_India @akgupta_cci
2/n
May 3, 2022 5 tweets 5 min read
.@Google has said that the tech giant will remain committed to accelerating growth in India’s digital ecosystem. 📈

@GoogleIndia @sundarpichai The tech giant has been investing in India’s digital ecosystem with the help of the #Google for India Digitisation Fund, investing a total of upwards of $5 Bn in @reliancejio and @airtelindia. 💰
May 3, 2022 5 tweets 4 min read
Compliance Report - #Whatsapp | WhatsApp banned 18,05,000 Indian accounts during March 1-to March 31, 2022 period, as per its tenth compliance report.

👉 The platform received 597 grievances in March, including 407 ban appeals.

Read more: inc42.com/buzz/meta-owne… Compliance Report - #Meta

- Meta-owned Facebook took action against 21.58 Mn pieces of content on the platform in March.

👉 Of these content, 14.9 Mn pieces were spam, followed by violent and graphic content at 2.5 Mn pieces.

Read more:
inc42.com/buzz/meta-took…
May 2, 2022 9 tweets 11 min read
🎉India’s 100 #UnicornStartups – Today Marks A New Milestone For India’s Startup Economy 🚀

#DigitalIndiaShining #100Unicorns 🦄

1/n Bengaluru-based #neobanking startup @BankWithOpen became the country’s 100th unicorn after raising $50 Mn from IIFL

@openwithanish @MabelChacko @deenajacob16

#100Unicorns 🦄
2/n

May 1, 2022 6 tweets 7 min read
The Indian #cleantech startups have come up with new ideas to power existing clean energy technology and are doing their bit to save the environment in their own ways. 🌎

1/n
From startups dealing with rooftop #solarenergy or those focusing on bio-methanation technology to those providing solutions to clean and purify air and water...

2/n
Feb 11, 2022 11 tweets 8 min read
How Ex Twitter India Chief Is Reimagining #Education In A Virtual World

Lets understand in this #thread ⬇️

@tanaypratap @manishm @invactHQ | #Metaverse #web3 #edtech 👉 Former Twitter India CEO Manish Maheshwari and Tanay Pratap, a former senior software engineer at Microsoft, recently launched Invact Metaversity (@invactHQ), offering an immersive campus experience to students.

@manishm @tanaypratap
Feb 11, 2022 5 tweets 4 min read
🦄Indian Startups That Entered The Unicorn Club In 2022!

The year 2022 has continued right off the bat from the record-breaking 2021 which saw 42 unicorns 🚀

🦄 #UnicornsOf2022 👇

Keep an eye on this #thread as we'll keep updating it as more unicorns are added to the list. While January saw the entry of four startups in the unicorn club - @fractalai , @leadschoolindia, @thedarwinbox, @DealShareIndia

February has seen three startups achieve the billion-dollar valuation - @elastic_run, @livspace, @XpressBees_IN

#UnicornsOf2022 🦄
Feb 11, 2022 5 tweets 5 min read
Influencer Marketing Startup @kofluence Bags $4 Mn From @kunalb11, @karanjohar and other individual investors.

@riteshujjwal @SreeramVanga | @apoorvamehta18, @Sujeet_fk, @aprameya, @UpsparksIN
inc42.com/buzz/martech-s… The startup will use the funding to scale up expansion and accelerate hiring across multiple domains.

@kofluence
Feb 10, 2022 11 tweets 16 min read
Amid the startup craze, celebrity couple– actress @AnushkaSharma and cricketer @imVkohli, have invested in plant-based meat startup @bluetribefoods.

#plantbasedmeat #viratkohli #anushkasharma

1/ #thread 👇
inc42.com/buzz/celebrity… 2/ This is not their first bet in the startup ecosystem.
The duo have together invested in fintech unicorn Digit Insurance (@heydigit)

@imVkohli @AnushkaSharma
Feb 9, 2022 4 tweets 4 min read
.@xto10x has raised $25 Mn in its Series A round led by its cofounder @binnybansal and 28 founders and senior leaders from the startup ecosystem in India and Southeast Asia.
inc42.com/buzz/binny-ban… 2/ The funds will be used to ramp up its learning programs, software tools and operating capabilities.

@xto10x #funding
Feb 9, 2022 9 tweets 14 min read
In 2021, the country’s fintech startups raised around $8 Bn across 280 funding deals.

Overall Indian fintech market opportunity is estimated to be $1.3 Tn by 2025, growing at a CAGR of 31% during 2021-2025.

#Fintech #FintechStartups Lets take a look at the who's who of the Indian #Fintech Ecosystem's subsectors. 👇

#thread
Feb 9, 2022 13 tweets 11 min read
While VC/PE firms’ investment ideally comes into the picture when startups meet certain criteria.;
It is the #angelinvestors who support the startup founders in meeting the operational expenses during the formation years. 💸

#IndiasTopAngels 👇 Image 👉According to Inc42 data, over 950+ angel and individual investors participated in the startup funding.

We have collated a list of 32 most active #angelinvestors in India. ⬇️