• TraceX’s scale rose 79% in FY23, losses widen 3X

    Bengaluru-based agritech startup TraceX saw a 79% revenue increase in FY23, reaching Rs 1.54 crore, mainly from software subscriptions. FY22's operational revenue was Rs 86 lakhs. Founded by Anil Nadig and Srivatsa T Sreenivasarao, TraceX raised Rs 8 crore in an extended Seed round in 2022. FY23 expenses totaled Rs 6.1 crore, up from Rs 2 crore in FY22. TraceX, leveraging blockchain for the food and agricultural supply chain, recorded a 3X rise in losses to Rs 5 crore.

    #Agritech #thekredible #Startup #TraceX #RevenueGrowth #FoodSupplyChain #AgricultureInnovation #TechInAgriculture #SeedFunding #TraceXGrowth #FinancialReport #TraceXJourney #AgritechRevolution #TechInAgri #News

    https://thekredible.com/blogs/tracexs-scale-rose-79-in-fy23-losses-widen-3x
    TraceX’s scale rose 79% in FY23, losses widen 3X Bengaluru-based agritech startup TraceX saw a 79% revenue increase in FY23, reaching Rs 1.54 crore, mainly from software subscriptions. FY22's operational revenue was Rs 86 lakhs. Founded by Anil Nadig and Srivatsa T Sreenivasarao, TraceX raised Rs 8 crore in an extended Seed round in 2022. FY23 expenses totaled Rs 6.1 crore, up from Rs 2 crore in FY22. TraceX, leveraging blockchain for the food and agricultural supply chain, recorded a 3X rise in losses to Rs 5 crore. #Agritech #thekredible #Startup #TraceX #RevenueGrowth #FoodSupplyChain #AgricultureInnovation #TechInAgriculture #SeedFunding #TraceXGrowth #FinancialReport #TraceXJourney #AgritechRevolution #TechInAgri #News https://thekredible.com/blogs/tracexs-scale-rose-79-in-fy23-losses-widen-3x
    THEKREDIBLE.COM
    TraceX’s scale rose 79% in FY23, losses widen 3X
    Bengaluru based agritech startup TraceX recorded a whopping 79% rise in its revenue in the fiscal year ending March 2023.
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  • Deepetch Ecozen records 2X rise in scale in FY23, expenses follow

    Ecozen, a deeptech firm based in Pune, saw its revenue surge to Rs 295.5 crore in FY23, a 2.4X increase from Rs 123 crore in FY22. The firm, known for climate-smart solutions, faced significant expenses, raising overall costs to Rs 289.5 crore. Despite rising losses to Rs 5.7 crore, it secured substantial funding and maintained positive EBITDA and ROCE.

    #thekredible #Startup #StartupNews #Data #Insights #Ecozen #SustainableTech #EnergyStorage #PuneStartups #GreenTechnology #Investment

    https://thekredible.com/blogs/deepetch-ecozen-records-2x-rise-in-scale-in-fy23-expenses-follow
    Deepetch Ecozen records 2X rise in scale in FY23, expenses follow Ecozen, a deeptech firm based in Pune, saw its revenue surge to Rs 295.5 crore in FY23, a 2.4X increase from Rs 123 crore in FY22. The firm, known for climate-smart solutions, faced significant expenses, raising overall costs to Rs 289.5 crore. Despite rising losses to Rs 5.7 crore, it secured substantial funding and maintained positive EBITDA and ROCE. #thekredible #Startup #StartupNews #Data #Insights #Ecozen #SustainableTech #EnergyStorage #PuneStartups #GreenTechnology #Investment https://thekredible.com/blogs/deepetch-ecozen-records-2x-rise-in-scale-in-fy23-expenses-follow
    THEKREDIBLE.COM
    Deepetch Ecozen records 2X rise in scale in FY23, expenses follow
    Pune headquartered deeptech firm Ecozen’s revenue headed for a steep rise to Rs 295.5 crore in the fiscal year ending March 2023.
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  • Traya Health Sees 8X Scale Increase in FY23, Expense Surge

    Mumbai-based Traya Health's revenue surged 8.8X to Rs 61.7 crore in FY23. Established in 2019, it offers personalized hair care products. Operational revenue rose to Rs 61 crore from Rs 6 crore. Major expenses included advertising (55%) and materials (15%). Losses increased to Rs 27.8 crore. Recently, it secured Rs 75 crore in Series A funding from Xponentia Capital.

    #thekredible #TrayaHealth #HairCare #HairLossSolutions #StartupIndia #RevenueGrowth #News #Startup #Data #Insight #XponentiaCapital #SeriesAFunding

    https://thekredible.com/blogs/traya-health-posted-8x-growth-in-scale-in-fy23-expenses-rise
    Traya Health Sees 8X Scale Increase in FY23, Expense Surge Mumbai-based Traya Health's revenue surged 8.8X to Rs 61.7 crore in FY23. Established in 2019, it offers personalized hair care products. Operational revenue rose to Rs 61 crore from Rs 6 crore. Major expenses included advertising (55%) and materials (15%). Losses increased to Rs 27.8 crore. Recently, it secured Rs 75 crore in Series A funding from Xponentia Capital. #thekredible #TrayaHealth #HairCare #HairLossSolutions #StartupIndia #RevenueGrowth #News #Startup #Data #Insight #XponentiaCapital #SeriesAFunding https://thekredible.com/blogs/traya-health-posted-8x-growth-in-scale-in-fy23-expenses-rise
    THEKREDIBLE.COM
    Traya Health posted 8X growth in scale in FY23, expenses rise
    Mumbai-based Traya Health posted an enormous surge in its revenue in FY23 to Rs 61.7 crore, an 8.8X growth from FY22.
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  • 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
    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
    THEKREDIBLE.COM
    SaaS based firm Increff recorded two fold rise in revenue in FY23
    Bengaluru headquartered SaaS-based firm Increff recorded a two-fold rise to Rs 88.7 crore in the fiscal year ending March 2023.
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  • 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
    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
    THEKREDIBLE.COM
    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.
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  • 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
    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
    THEKREDIBLE.COM
    TheKredible | Blogs
    B2B e-commerce company CapGrid has seen a continuous growth with its revenue rising 7.7X to Rs 44.3 crore in FY23.
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  • 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
    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
    THEKREDIBLE.COM
    The Kredible | Blogs
    Gurgaon-based edtech startup Doubtnut witnessed a revenue of Rs 21.7 crore in FY23 with expenses amounting to Rs 98 crore.
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  • TheKredible - Discover the market intelligently

    The Kredible is a data platform that crunches critical numbers of Indian startups across domains such as e-commerce, fintech, healthcare, edtech among others. Our goal is to provide company insights and data for anyone to filter noise and evaluate startups solely through numbers.

    #thekredible #data #insight #startup #news

    https://thekredible.com/
    TheKredible - Discover the market intelligently The Kredible is a data platform that crunches critical numbers of Indian startups across domains such as e-commerce, fintech, healthcare, edtech among others. Our goal is to provide company insights and data for anyone to filter noise and evaluate startups solely through numbers. #thekredible #data #insight #startup #news https://thekredible.com/
    Discover Companies Information & Database with TheKredible
    Get all theTechnology, FinTech, Edtech,statups,companies information like Funding,Investors,people behind it, Financials, Newsetc.
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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/
    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/
    Discover Companies Information & Database with TheKredible
    Get all theTechnology, FinTech, Edtech,statups,companies information like Funding,Investors,people behind it, Financials, Newsetc.
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