2025-03-29
Let's first understand their ties. It is a well established fact that promoters of Gensol - Jaggi Brothers are the founders of BluSmart [image]
Inc42 Media
Gensol's troubles cast doubt on the future of Indian EV ride-hailing firm BluSmart, founded by Gensol's promoters; BluSmart has raised $180M in debt and equity
There seems to be no respite for Gensol Engineering and ride-hailing startup BluSmart. In a fresh development …
🚨 Gensol's debt and liquidity issue have cast a shadow on BluSmart's future. But why? A must-read thread [image]
Inc42 Media
Gensol's troubles cast doubt on the future of Indian EV ride-hailing firm BluSmart, founded by Gensol's promoters; BluSmart has raised $180M in debt and equity
There seems to be no respite for Gensol Engineering and ride-hailing startup BluSmart. In a fresh development …
2024-06-24
🚨 Underperforming Portfolios Of Prosus: BYJU'S & PharmEasy [image]
TechCrunch
Prosus, the largest external investor in Byju's with a 9.6% stake, says its stake in the Indian edtech giant is now worth zero; Prosus invested a total of $570M
One of Byju's largest investors, Prosus, on Monday said it believes its stake in the Indian edtech startup is now worth nothing …
2024-01-06
🚨 From MobiKwik's DRHP : - NO shareholders including founders will sell stakes during IPO. Will raise Rs 700 Cr via fresh issue - Founders own over 32.25% stake in company (largest stakeholder) - Turned profitable in first 6 months of FY24 with profit of Rs 9.4 Cr - This IPO... [image]
TechCrunch
Filing: MobiKwik, a Peak XV-backed Indian payments and digital wallet provider, seeks to raise ~$84.2M in an IPO, and plans to raise ~$16M in a pre-IPO round
Manish Singh / TechCrunch :
2023-11-26
Scapia bags $23 Mn as part of Series A led by Elevation & Binny Bansal's 3STATE Ventures In June 2023, the fintech startup bagged $9 Mn in Seed funding Scapia was founded in 2022 by Anil Goteti - former senior VP of Flipkart @anilgoteti @getscapia https://inc42.com/...
Moneycontrol
Bengaluru-based Scapia, which offers a co-branded credit card and an app to turn daily expenses into travel rewards, raised a $23M Series A
Bhavya Dilipkumar / Moneycontrol :
2023-11-25
Scapia bags $23 Mn as part of Series A led by Elevation & Binny Bansal's 3STATE Ventures In June 2023, the fintech startup bagged $9 Mn in Seed funding Scapia was founded in 2022 by Anil Goteti - former senior VP of Flipkart @anilgoteti @getscapia https://inc42.com/...
Moneycontrol
Bengaluru-based Scapia, which offers a co-branded credit card and an app to turn daily expenses into travel rewards, raised a $23M Series A
Bhavya Dilipkumar / Moneycontrol :