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ELASTICRUN REVENUE
AI startup Emergent raises $70 million from Khosla Ventures, SoftBank; valuation triples to $300 millionEmergent has raised $70 million in new funding, lifting its valuation to about $300 million just months after launch. The startup helps use...- Brands may see reruns of the 14-year-old’s eye-popping performance — but will they ‘Tendulkar’?Vaibhav Suryavanshi's success mirrors startups disrupting established markets. Minimalist was acquired by HUL. Mamaearth faces legal issues...
- Several Indian startups end FY24 with better bottom line amid funding challengesMore than two dozen startups in India improved their financial performance in FY24 with a revenue of over Rs 500 crore. Startups like Purpl...
- Year in Review: Startup funding freeze saw signs of thaw in 2024Indian startups raised slightly more funding in 2024 than in 2023, but the ecosystem remained slow. Fewer deals were closed. Several new un...
- Ninjacart’s revenue jumps 74% to cross Rs 2,000 crore in FY24, loss down 20%The company, focused on agriculture and fresh supply, said that it minimised wastage in its fulfilment business by leveraging artificial in...
- B2B ecommerce firm ElasticRun narrows losses by 42% in FY24; revenue drops 49%Though CEO Sandeep Deshmukh said the B2B ecommerce firm’s shift of focus to high-margin regional brands has paid off at the net profit leve...
- Swiggy appoints new product head for Instamart among management changesHimavant Srikrishna Kurnala has also been made a senior vice president (SVP), was previously the chief product officer for Reliance Retail’...
- In-depth: How startups are pruning costs as funding continues to plummetIn January, Indian startups raised only $1.38 billion in venture funding, nearly 70% lower than in the same period of 2022, reflecting the ...
- B2B FMCG wholesale startup ApnaKlub raises $16 million in fundingTrueScale Capital, ICMG Partners lead round. ApnaKlub will use the money to improve its technology and sell its services to more kirana sto...
- Avataar Venture Partners launches second fund of $350 millionFund II from the business-to-business (B2B) technology-backer comes three years after it launched its first fund worth $300 million and les...
- Prosus says Indian portfolio firms Swiggy, Byju’s saw strong growth in FY22“Our food platforms continued to grow strongly at the core of the food delivery business and are now investing to extend that growth throug...
- SoftBank-backed ElasticRun’s revenue doubles to Rs 1,087 crore in FY21The company, which sells FMCG products to kirana (corner) stores, said it was in “the process of expansion of the distribution network pan-...
- Return of ET Startup Awards; new CEO for WhiteHat Jr?We announced the winners of ETSA 2021 on September 27, after our jury, led by Infosys cofounder and non-executive chairman Nandan Nilekan, ...
- China ‘concerned’ about India’s app bans; Flipkart tests 45-min grocery deliveryDays after India conducted its fifth round of Chinese app bans since June 2020, blocking access to 54 apps, China has said it has serious c...
- ETtech Deals Digest: Urban Company, ElasticRun raise funds this weekOn-demand home service provider Urban Company and corner-stores commerce platform ElasticRun were among the startups that raise funds this ...
- ElasticRun raises $75 million led by existing investorsThe latest round values the company at $400 million post-money and will help expand its reach further into rural markets
- ElasticRun raises $40 million from Prosus Ventures, Avataar, othersElasticRun will invest freshly raised capital to further build its technology platform, expand categories, and expand its network coverage ...
- Avataar Venture Partners to invest $300 million in B2B and SaaS companiesAvataar Venture Partners will typically put in $10-$30 million in its portfolio companies, aiming to make about 10 investments from its mai...
- South Africa’s Naspers may lead $55 million round in logistics startup ElasticRunPost funding, the valuation of firm may touch $250 million.
- Sequoia Capital, others in talks to invest in ElasticRunThe company aggregates the transportation, logistics and real estate resources that are at the bottom of the supply chain, and aggregates t...
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