BusinessNews

BookMyShow Reports Strong Growth in FY24: Profit Rises 27% to Rs 109 Crore, Revenue Hits Rs 1,397 Crore

Introduction: BookMyShow Bounces Back Stronger Than Ever BookMyShow, India’s leading online ticketing platform for movies and live events, has seen impressive growth in the fiscal year ending March 2024. After a challenging pandemic period, the company has bounced back with a solid 27% increase in profits and a huge rise in revenue. The numbers reveal that BookMyShow’s strategy to diversify…
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BusinessNews

Razorpay raised $160M at $3B valuation

Fintech major Razorpay said it has raised $160 million at a valuation of $3 billion in Series E financing. The round was driven by existing financial backers GIC, Singapore’s sovereign abundance asset, and Sequoia India, alongside investment from Ribbit Capital and Matrix Partners. The Bengaluru-based organization’s most recent subsidizing comes in under a half year after it accomplished the…
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BusinessStartup

The startup has supported 64 organizations throughout the year, and will finance around sixty new companies in 2021

Pre-Series An and seed financial specialist Inflection Point Ventures (IPV) has reported a corpus of Rs 155 crore for the year 2021. IPV is an organization of 4,000 C-Suite people across the world who reserve new businesses with a typical term sheet under the IPV pennant. Talking with YourStory, Vinay Bansal, the CEO and Co-author of IPV adventures, stated: “We are an area rationalist asset. We…
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