Fidelity marks up Lenskart valuation by 12% to $5.6B just months after investment

Fidelity Management and Research Company has marked up the value of its stake in omnichannel eye-retailer Lenskart by 12% taking the valuation of the company to $5.6 billion just months…

Continue ReadingFidelity marks up Lenskart valuation by 12% to $5.6B just months after investment

Dhoni-backed Khatabook clocks Rs 102.7 Cr revenue, cuts losses by 7% in FY24

Khatabook, a digital bookkeeping and lending startup, crossed the Rs 100 crore revenue mark in FY24 while trimming losses by 7.32%.The company, which helps small businesses digitise bookkeeping, posted revenue…

Continue ReadingDhoni-backed Khatabook clocks Rs 102.7 Cr revenue, cuts losses by 7% in FY24

CarTrade’s consumer group expects 30% Q3 revenue growth with festive season bump

Automotive company CarTrade Tech on Tuesday said that it expects its consumer group to report a 30% year-on-year (YoY) rise in its revenue growth in the October-December 2024 quarter, helped…

Continue ReadingCarTrade’s consumer group expects 30% Q3 revenue growth with festive season bump

Startup news and updates: Daily roundup (November 5, 2024)

Funding newsQubeHealth secures pre-Series A funding from Unicorn India Ventures, CanBank VCHealthcare payments company QubeHealth has raised an undisclosed pre-Series A investment led by Unicorn India Ventures and CanBank Venture…

Continue ReadingStartup news and updates: Daily roundup (November 5, 2024)