SaaS based firm Increff recorded two fold rise in revenue in FY23 SaaS-based firm Increff recorded a two-fold rise to Rs 88.7 crore in the fiscal year ending March 2023. The same year its revenue from operations spiked 91% to Rs 85 crore as compared to the preceding fiscal’s Rs 44 crore. Visit - https://thekredible.com/blogs/saas-based-firm-increff-recorded-two-fold-rise-in-revenue-in-fy23 #Saas #Increff #revenue #Thekredible #Startup #Startupnews

Proptech platform Propsoch registers Rs 8 lakhs in scale in FY23 Proptech platform Propsoch registered a revenue of Rs 8.64 lakhs in its first fiscal of revenue generation in FY23. The company raised Rs 76.2 lakhs in its maiden funding round. It is currently valued at Rs 15.75 crore. Visit - https://thekredible.com/blogs/proptech-platform-propsoch-registers-rs-8-lakhs-in-scale-in-fy23 #Propsoch #revenue #Proptech #Startupnews #TheKredible

E-commerce firm CapGrid’s scale spikes 7.7X in FY23, losses cross Rs 1 Cr CapGrid, a B2B e-commerce startup, experienced robust revenue growth, surging 7.7X to Rs 44.3 crore in FY23. However, losses also spiked to Rs 8.4 crore, a 6.9X increase from FY22. The Gurgaon-based company, founded by Dheeraj Tiwari and Himanshu Singh Raghuvanshi, operates an AI-enabled sourcing platform serving various industries globally. Despite rising expenses, including a significant increase in material costs, CapGrid raised Rs 57.1 crore in its latest funding round, led by Nexus Venture Partners, bringing its total fundraising to Rs 61.2 crore since inception. #TheKredible #Data #Insight #Startup #News #ECommerce #CapGrid https://thekredible.com/blogs/e-commerce-firm-capgrids-scale-spikes-7-7x-in-fy23-losses-cross-rs-1-cr

Edtech Doubtnut posts revenue of Rs 21.7 Cr, expenses drop to Rs 76 Cr Gurgaon-based edtech startup Doubtnut reported FY23 revenue of Rs 21.7 crore, marking growth from the previous year. Despite increased revenue, expenses and losses significantly dropped. Valued at Rs 1162 crore, it raised Rs 19.3 crores from operations. Co-founders own substantial shares, and Tencent controls 12%. The company was recently acquired by edtech veteran Allen, competing with others like Classplus and Leverage Edu. #Doubtnut #thekredible #Edtech #Insight #Data #Startup #News #StartupNews https://thekredible.com/blogs/edtech-doubtnut-posts-revenue-of-rs-21-7-cr-expenses-drop-to-rs-76-cr

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Where does “The Kredible” get all the information from? The Kredible sources its data and documents from the regulator: Registrar of Companies (RoC), company websites and other sources present in public domain. The Kredible has an in-house team for data crunching and analysis to keep the information up to date and accurate. Our experience with regulatory systems across geographies ensures that we get access early, and from markets as far away, but relevant, as Singapore too. #thekredible #data #insight #startup #news https://thekredible.com/