Bhai iski shakal dekh kar lagta hein jaise 2 rasgulle dono side daba kar rakha hein....

Consultant

Computer scientist

Software Developer

Some reports said, his name wasn’t there in the subscribers list. He just tweeted to project his doglapan😂

Product Manager

"I applied in IPO quietly" - Yet you're loudly boasting about it on Twitter, lmao

3rd unicorn is now imaginary, just like unicorns.

Founder

Too much is read into Honasa s share price. 
 It is pre-ipo investors exiting at the liquidity opportunity.  
  
 Matters only if you are subscribing for listing gains. But that is not the objective of any ipo.

Finance Consultant

Great returns made by a visionary and finance expert, Mr. Ashneer! Funding secured for his next revolutionary startup!

Welcome to Personal Finance's Private Community

Funding secured by Ashneer for his 4th unicorn

Funding secured by Ashneer for his 4th unicorn- Grapevine

Welcome to Indian Startups's Private Community

I worked in an Indian startup closely with CXO for last few years. 

They are pathetic in any way possible. Tech is limited to crud, that too doesn't work. The pay amongst their inner circle is in no way justifiable. For reference, I know people getting US pay remotely and that too doesn't come close to some of them.

They hired a guy from a service based company with completely different tech stack and no product experience for 60lpa+ (I know this number because he drunk boasted about this once) as VP just because he was acquaintance. Now, this guy lacked basic human decency and tech skills. He didn't know things as basic as how to use git cli or how to talk to people. Every non-tech person that ever had to work with him called it quit. Even 4-5 year old employees (juniors being exploited mostly) that were there from inspection. He would ruthlessly "harass" them for his own shortcomings.

The head of sales gets paid more than what their profit after margin is.

They just keep on raising based on their IIT/IIM creds and connections and there's no business or problem that they are solving. Even the contracts they seem to winning is rather by pulling the strings, because the product or tech doesn't solve or do anything. Yet they're able to raise more again and again.

It kinda kills me and fills me with so much rage that there are so many of them similar ones out there. I could go on and on about all the things that I had to see working here for years.

My pathetic experience working for years closely with CXO in a startup

Software Engineer

https://www.moneycontrol.com/news/technology/bhavish-aggarwals-ai-startup-krutrim-turns-unicorn-after-raising-50-million-12129991.html

2024 first unicorn

Product Owner

Looks like he’s entering into one of the most profitable category 😅

Partner

Krutrim has become a unicorn after securing $50m in funding, making it the first Indian AI startup with a valuation of $1bn. It seems like an extremely overvalued company being built yet again. Thoughts?

India's 1st Unicorn in 2024

Program Manager

You guys might think I’m joking today. But you will realise someday. 

He will soon return to Bharatpe for his second act as Steve did for his second act at Apple. 

Mic drop

Ashneer Grover is the Steve Jobs of India

So Zepto was the first, InCred becomes the second one. 2 unicorns this entire year 🙀

InCred becomes 2nd unicorn of 2023 after raising $60 Mn in a new round. At $1.03 Bn valuation.

Corporate Strategist

Welcome to News Discussion's Private Community

- Accel India invested INR 19.5 Cr and Nexus Ventures invested INR 19.1 Cr in Moneyview.
- The fintech startup is now valued at $1.2 Bn, making it the sixth unicorn of 2024.
- Moneyview also acquired earned wage access platform Jify to diversify its offerings.
- The startup's board approved the issuance of 60.23 Lakh equity shares to Accel and Nexus at INR 64.15 each.
- Moneyview competes with Flexiloans and Fibe, and previously raised $75 Mn in Series E funding in December 2022. 

 Source: [Inc42](https://inc42.com/buzz/moneyview-turns-unicorn-after-raising-4-6-mn-from-accel-india-nexus-ventures/)

Moneyview Becomes Unicorn After $4.6 Mn Investment from Accel India and Nexus Ventures

Journalist

Welcome to Product Managers's Private Community

https://twitter.com/IT_Kabootar/status/1681476148650205185?t=wLsYUr91fosMp5P9zDSgOg&s=19

https://www.linkedin.com/posts/ashneer_hiring-at-third-unicorn-activity-7087737663780196353-pwQN?utm_source=share&utm_medium=member_android

Razorpay hiring and so is Ashneer

Generalist

4:54 and 8:00 time stamps.

Man literally they god funded.

Hats off to ritesh Agarwal...he connected coz of his rural bg may be...but the confidence of 10th pass entrepreneur...omg

Click here to subscribe: https://www.youtube.com/c/sharktankindia‘RodBez’ is Bihar’s largest mobility platform. The founders ask for 50 lakhs against 5% equi...

क्या Bihar की इस Company में Invest करेंगे Shark Ritesh? | Shark Tank India S3 | Full Pitch

Shark Tank me kuch v ho skta h!

Senior Consultant

Welcome to Office Gossip's Private Community

Bharatpe saga continues

Going through the updates around founders fighting, do you think BharatPe would fail? Or is it too big to fail?

How big is BharatPe to fail?

First Indian Ai startup to became Unicorn 🦄

- Wealthtech firm Neo has secured Rs 400 crore in a funding round led by Japan’s MUFG Bank and New York-based Euclidean Capital LLC.
- The funds will be used to expand Neo's wealth-management division and enhance sponsor support for its asset management business.
- Neo's equity base now stands at Rs 1,000 crore, marking a significant milestone for the company.
- India's wealth management market is projected to grow at a CAGR of 4.56% during 2025–2029, driven by new-age startups and rising affluent class.
- Neo, launched in 2021, manages nearly Rs 35,000 crore in wealth management assets and is seeking an NBFC license to offer short-term loans. 

 Source: [Moneycontrol](https://www.moneycontrol.com/technology/peak-xv-partners-backed-wealthtech-firm-neo-raises-rs-400-crore-led-by-mufg-euclidean-capital-article-12793512.html)

Neo Raises Rs 400 Crore in Funding Round Led by MUFG and Euclidean Capital

- Ather Energy, an electric two-wheeler manufacturer, secured $71 Mn (INR 600 Cr) from National Investment and Infrastructure Fund (NIIF), valuing the company at $1.3 Bn post-money.
- NIIF was an investor in Ather's Series E round, which raised $128 Mn alongside Hero MotoCorp and others.
- Ather Energy is planning a public listing by the end of 2024, targeting a valuation of around $2 Bn.
- The company reported a net loss increase of 22.5% to INR 1,059.7 Cr in FY24, while revenue from operations slightly rose to INR 1,789.10 Cr.
- Ather joins India's unicorn club, following recent entries like Krutim AI, Perfios, and Rapido. 

 Source: [Inc42](https://inc42.com/buzz/ather-energy-joins-unicorn-league-by-raising-71-mn-funding-from-niif/)

Ather Energy Joins Unicorn League with $71 Mn Funding from NIIF

Today mass layoff was done from Third Unicorn
Devs, IT team, devops all were impacted 

Layoffs in such early phase startup came as a shock

Could be due to new GST rules

What do you guys think?

Mass layoffs at Ashneer ‘s latest startup

Director of engineer

After krutrim, perfios, Porter is the 3rd startup which has turned unicorn 🦄 

It has solved some problem for sure unlike krutrim 

I remember, when I moved to blr...it was a life saviour.

Such startups deserve to be an unicorn 🦄

3rd Unicorn 🦄 of 2024

- Raise Financial Services, the parent company of trading app Dhan, is in early discussions to raise $100 million, potentially boosting its valuation to $1.5 billion and entering the unicorn club.
- Investment banking firm Avendus has been shortlisted to manage the fundraising, with new and existing investors expected to participate.
- The fresh funds will be used for business expansion, including new services like financing, payments, and insurance, to compete with rivals such as Groww, Zerodha, and Upstox.
- Dhan's founder, Pravin Jadhav, previously led Paytm Money but left on contentious terms; he has since taken jabs at his former employer on social media.
- Despite a competitive market, Dhan has seen significant growth, with a 330% year-over-year increase in its active client base, while competitors like Paytm Money have struggled. 

 Source: Moneycontrol

Funding secured by Ashneer for his 4th unicorn

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