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by Micheal_Scott

Grapevine

Grapevine Update: Insights, Feed, Polls, and more

Hey Folks, A few updates to Grapevine, so please do update your app from play/app store :) 1. A new slightly redesigned feed. Weโ€™ve adjusted font-weights and spacing to make things easier on your eyes. More refinements coming soon 2. Post and Comment Insights: You now get insights on posts and comments where you receive more than 7 likes. This will be a feature which all writers on the app will def appreciate :) 3. A better feed: We are constantly making adjustments to give you a better feed. Efforts such as โ€˜trending posts for youโ€™ and the upcoming โ€˜posts you may likeโ€™ are efforts in this direction. This is something we want to get better at 4. Results on Polls: You can now see poll results even before you answer them! We can finally lose the popcorn option. Long time pending, I knowโ€ฆ 5. Update on Private Feeds: We now have around 2500 verified users using their companyโ€™s private feed. IMO this is one of the deepest and most useful products within Grapevine. Or so I hear :) We will launch 25 more companies where we have โ€˜critical massโ€™ over the coming 4 weeks! Upcoming - we are very close to: 1. The rollout of DMs on Grapevine (after maybe 1000 users here scolded at us for not making it lol) 2. Rollout of the exciting new Salary Product (middle tab) 3. Grapes 2.0: Updating the Grapes formula to reflect your contribution to the community even more accurately Your patience and feedback is a privilege we do not take lightly! Thanks Grapeviners, and Happy Friday

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News Discussion on

by NewsAnchor

Grapevine

Grapevine News Bulletin ๐Ÿ“ฐ

Here's we go with the Grapevine News Bulletin - 5 handpicked scoops! ๐Ÿ—ž๏ธ Devour these tidbits in under 3 minutes and get your brain buzzing! Let's go! ๐Ÿ.โ  ๐ข๐ฑ๐ข๐ ๐จ, ๐š '๐œ๐จ๐œ๐ค๐ซ๐จ๐š๐œ๐ก ๐ฌ๐ญ๐š๐ซ๐ญ๐ฎ๐ฉ', ๐ข๐ฌ ๐ ๐จ๐ข๐ง๐  ๐ฉ๐ฎ๐›๐ฅ๐ข๐œ ๐š๐Ÿ๐ญ๐ž๐ซ ๐Ÿ๐Ÿ– ๐ฒ๐ž๐š๐ซ๐ฌ ๐จ๐Ÿ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ Ixigo, an online travel aggregator, is going public next week, targeting Rs 740 crore ($89 million) primarily through a sale of shares by existing investors. The IPO is expected to value Ixigo at Rs 3,600 crore ($430 million), 20% higher than its 2021 private valuation. Ixigo's financials show strong growth, with a 32% increase in operating revenue to Rs 501 crore in FY23 and a net profit of Rs 23 crore. Ixigo's valuation appears to be a potential bargain compared to peers like EaseMyTrip and MakeMyTrip. Existing investors like Elevation Capital and Peak XV Partners are set to make significant returns, with Elevation expected to make a 13X return. ๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐˜พ๐™ค๐™ช๐™ก๐™™ ๐™ž๐™ญ๐™ž๐™œ๐™ค'๐™จ ๐™ข๐™ค๐™™๐™š๐™จ๐™ฉ ๐™ซ๐™–๐™ก๐™ช๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™˜๐™ค๐™ข๐™ฅ๐™–๐™ง๐™š๐™™ ๐™ฉ๐™ค ๐™ฅ๐™š๐™š๐™ง๐™จ ๐™ก๐™ž๐™ ๐™š ๐™ˆ๐™–๐™ ๐™š๐™ˆ๐™ฎ๐™๐™ง๐™ž๐™ฅ ๐™ž๐™ฃ๐™™๐™ž๐™˜๐™–๐™ฉ๐™š ๐™– ๐™ข๐™–๐™ง๐™ ๐™š๐™ฉ ๐™˜๐™ค๐™ง๐™ง๐™š๐™˜๐™ฉ๐™ž๐™ค๐™ฃ ๐™ž๐™ฃ ๐™ฉ๐™ง๐™–๐™ซ๐™š๐™ก ๐™ฉ๐™š๐™˜๐™ ๐™ซ๐™–๐™ก๐™ช๐™–๐™ฉ๐™ž๐™ค๐™ฃ๐™จ, ๐™ค๐™ง ๐™–๐™ฃ ๐™ค๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉ๐™ช๐™ฃ๐™ž๐™ฉ๐™ฎ ๐™›๐™ค๐™ง ๐™ฅ๐™ค๐™จ๐™ฉ-๐™„๐™‹๐™Š ๐™ซ๐™–๐™ก๐™ช๐™š ๐™˜๐™ง๐™š๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™ฉ๐™๐™ง๐™ค๐™ช๐™œ๐™ ๐™ค๐™ฅ๐™š๐™ง๐™–๐™ฉ๐™ž๐™ค๐™ฃ๐™–๐™ก ๐™š๐™ญ๐™˜๐™š๐™ก๐™ก๐™š๐™ฃ๐™˜๐™š? Source: Inc42 - https://bit.ly/3KBzNEM ๐Ÿ. โ ๐”๐ง๐š๐œ๐š๐๐ž๐ฆ๐ฒ ๐œ๐จ-๐Ÿ๐จ๐ฎ๐ง๐๐ž๐ซ ๐‡๐ž๐ฆ๐ž๐ฌ๐ก ๐’๐ข๐ง๐ ๐ก ๐ฌ๐ญ๐ž๐ฉ๐ฌ ๐๐จ๐ฐ๐ง ๐š๐ฌ ๐‚๐“๐Ž The co-founder of the edtech platform Unacademy, Hemesh Singh, is stepping down from his role as Chief Technology Officer (CTO). He will continue in an advisory role at the company, but his future plans are unclear. Unacademy's focus has shifted more towards the offline market, which is now a central part of their business. The online test-prep operation is expected to decrease in 2023. There have been other top-level exits at Unacademy recently. The company has raised significant funding over the past few years, with its valuation reaching over $3 billion. ๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐™ƒ๐™š๐™ข๐™š๐™จ๐™'๐™จ ๐™š๐™ญ๐™ž๐™ฉ ๐™จ๐™ž๐™œ๐™ฃ๐™–๐™ก๐™จ ๐™– ๐™จ๐™ฉ๐™ง๐™–๐™ฉ๐™š๐™œ๐™ž๐™˜ ๐™จ๐™๐™ž๐™›๐™ฉ ๐™–๐™ฉ ๐™๐™ฃ๐™–๐™˜๐™–๐™™๐™š๐™ข๐™ฎ, ๐™›๐™ค๐™˜๐™ช๐™จ๐™ž๐™ฃ๐™œ ๐™ข๐™ค๐™ง๐™š ๐™ค๐™ฃ ๐™ค๐™›๐™›๐™ก๐™ž๐™ฃ๐™š ๐™œ๐™ง๐™ค๐™ฌ๐™ฉ๐™ ๐™ง๐™–๐™ฉ๐™๐™š๐™ง ๐™ฉ๐™๐™–๐™ฃ ๐™ž๐™ฉ๐™จ ๐™™๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก ๐™ง๐™ค๐™ค๐™ฉ๐™จ. ๐™ƒ๐™ค๐™ฌ ๐™ฌ๐™ž๐™ก๐™ก ๐™ฉ๐™๐™ž๐™จ ๐™ค๐™›๐™›๐™ก๐™ž๐™ฃ๐™š ๐™ฅ๐™ž๐™ซ๐™ค๐™ฉ ๐™ž๐™ข๐™ฅ๐™–๐™˜๐™ฉ ๐™ค๐™ฉ๐™๐™š๐™ง ๐™š๐™™๐™ฉ๐™š๐™˜๐™ ๐™ฅ๐™ก๐™–๐™ฎ๐™š๐™ง๐™จ, ๐™–๐™ฃ๐™™ ๐™™๐™ค๐™š๐™จ ๐™ž๐™ฉ ๐™ž๐™ฃ๐™™๐™ž๐™˜๐™–๐™ฉ๐™š ๐™– ๐™—๐™ง๐™ค๐™–๐™™๐™š๐™ง ๐™ฉ๐™ง๐™š๐™ฃ๐™™ ๐™ค๐™› ๐™™๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก-๐™›๐™ž๐™ง๐™จ๐™ฉ ๐™˜๐™ค๐™ข๐™ฅ๐™–๐™ฃ๐™ž๐™š๐™จ ๐™š๐™ข๐™—๐™ง๐™–๐™˜๐™ž๐™ฃ๐™œ ๐™๐™ฎ๐™—๐™ง๐™ž๐™™ ๐™ข๐™ค๐™™๐™š๐™ก๐™จ ๐™›๐™ค๐™ง ๐™จ๐™ช๐™จ๐™ฉ๐™–๐™ž๐™ฃ๐™–๐™—๐™ก๐™š ๐™œ๐™ง๐™ค๐™ฌ๐™ฉ๐™? Source: The Arc - https://bit.ly/3VBjrCt ๐Ÿ‘.โ  โ ๐‹๐ž๐ง๐๐ข๐ง๐  ๐š๐ฉ๐ฉ ๐…๐ข๐›๐ž ๐ซ๐š๐ข๐ฌ๐ž๐ฌ $๐Ÿ—๐ŸŽ ๐ฆ๐ง ๐š๐ฌ ๐ฅ๐จ๐š๐ง ๐›๐จ๐จ๐ค ๐๐จ๐ฎ๐›๐ฅ๐ž๐ฌ The lending app Fibe has raised $90 million in a new funding round, nearly doubling its valuation to close to $600 million. The round was led by TR Capital, Amara Partners, and Trifecta Capital, with existing investors TPG and Norwest also participating. Fibe provides unsecured personal loans of up to Rs 5 lakh, competing with players like KreditBee and Moneyview. It is profitable, with a net profit of Rs 88 crore for the 9 months ending December 2023. Its loan book has more than tripled in the last 2 years, reaching Rs 3,431 crore as of December 2023. The company had to write off loans worth Rs 94 crore in the 9 months ending December 2023, over twice the Rs 44.5 crore in FY23. Its NBFC had a gross NPA of 2.86% in December 2023, down from 3.5% in March 2023. ๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐™๐™ž๐™—๐™š'๐™จ ๐™œ๐™ง๐™ค๐™ฌ๐™ฉ๐™ ๐™–๐™ฃ๐™™ ๐™ฅ๐™ง๐™ค๐™›๐™ž๐™ฉ๐™–๐™—๐™ž๐™ก๐™ž๐™ฉ๐™ฎ ๐™จ๐™๐™ค๐™ฌ๐™˜๐™–๐™จ๐™š ๐™ฉ๐™๐™š ๐™ข๐™–๐™จ๐™จ๐™ž๐™ซ๐™š ๐™ฅ๐™ค๐™ฉ๐™š๐™ฃ๐™ฉ๐™ž๐™–๐™ก ๐™ž๐™ฃ ๐™„๐™ฃ๐™™๐™ž๐™–'๐™จ ๐™™๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก ๐™ก๐™š๐™ฃ๐™™๐™ž๐™ฃ๐™œ ๐™จ๐™ฅ๐™–๐™˜๐™š, ๐™™๐™š๐™จ๐™ฅ๐™ž๐™ฉ๐™š ๐™ง๐™ž๐™จ๐™ž๐™ฃ๐™œ ๐™‰๐™‹๐˜ผ๐™จ. ๐˜ผ๐™จ ๐™™๐™ž๐™œ๐™ž๐™ฉ๐™–๐™ก ๐™ก๐™š๐™ฃ๐™™๐™š๐™ง๐™จ ๐™ก๐™ž๐™ ๐™š ๐™๐™ž๐™—๐™š ๐™จ๐™˜๐™–๐™ก๐™š ๐™ง๐™–๐™ฅ๐™ž๐™™๐™ก๐™ฎ, ๐™๐™ค๐™ฌ ๐™ฌ๐™ž๐™ก๐™ก ๐™ฉ๐™ง๐™–๐™™๐™ž๐™ฉ๐™ž๐™ค๐™ฃ๐™–๐™ก ๐™—๐™–๐™ฃ๐™ ๐™จ ๐™–๐™ฃ๐™™ ๐™‰๐˜ฝ๐™๐˜พ๐™จ ๐™ง๐™š๐™จ๐™ฅ๐™ค๐™ฃ๐™™ ๐™ฉ๐™ค ๐™ข๐™–๐™ž๐™ฃ๐™ฉ๐™–๐™ž๐™ฃ ๐™ฉ๐™๐™š๐™ž๐™ง ๐™ข๐™–๐™ง๐™ ๐™š๐™ฉ ๐™จ๐™๐™–๐™ง๐™š ๐™ž๐™ฃ ๐™ฅ๐™š๐™ง๐™จ๐™ค๐™ฃ๐™–๐™ก ๐™ก๐™ค๐™–๐™ฃ๐™จ? Source: Entrackr - https://bit.ly/3X9ezpg ๐Ÿ’.โ  โ ๐‡๐ž๐ซ๐จ ๐Œ๐จ๐ญ๐จ๐‚๐จ๐ซ๐ฉ-๐›๐š๐œ๐ค๐ž๐ ๐€๐ญ๐ก๐ž๐ซ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐Ÿ๐ฅ๐š๐ญ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž๐ฌ ๐ข๐ง ๐…๐˜๐Ÿ๐Ÿ’ Ather Energy's revenues were flat at โ‚น1,753 crore in FY24, down 2% from the previous year This is due to increasing competition in the Indian electric two-wheeler market, with players like Ola Electric, Bajaj, and TVS vying for market share Ather had seen a massive 4x revenue growth in the previous year, from โ‚น408 crore to โ‚น1,784 crore ๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐˜ผ๐™ฉ๐™๐™š๐™ง'๐™จ ๐™›๐™ก๐™–๐™ฉ ๐™œ๐™ง๐™ค๐™ฌ๐™ฉ๐™ ๐™ž๐™จ ๐™– ๐™ฌ๐™–๐™ ๐™š-๐™ช๐™ฅ ๐™˜๐™–๐™ก๐™ก, ๐™๐™ž๐™œ๐™๐™ก๐™ž๐™œ๐™๐™ฉ๐™ž๐™ฃ๐™œ ๐™ฉ๐™๐™š ๐™›๐™ž๐™š๐™ง๐™˜๐™š ๐™˜๐™ค๐™ข๐™ฅ๐™š๐™ฉ๐™ž๐™ฉ๐™ž๐™ค๐™ฃ ๐™–๐™ฃ๐™™ ๐™ฅ๐™ค๐™ฉ๐™š๐™ฃ๐™ฉ๐™ž๐™–๐™ก ๐™จ๐™–๐™ฉ๐™ช๐™ง๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™ž๐™ฃ ๐™„๐™ฃ๐™™๐™ž๐™–'๐™จ ๐™š๐™ก๐™š๐™˜๐™ฉ๐™ง๐™ž๐™˜ ๐™ฉ๐™ฌ๐™ค-๐™ฌ๐™๐™š๐™š๐™ก๐™š๐™ง ๐™ข๐™–๐™ง๐™ ๐™š๐™ฉ. ๐™’๐™ž๐™ฉ๐™ ๐™ข๐™ช๐™ก๐™ฉ๐™ž๐™ฅ๐™ก๐™š ๐™ฅ๐™ก๐™–๐™ฎ๐™š๐™ง๐™จ ๐™ซ๐™ฎ๐™ž๐™ฃ๐™œ ๐™›๐™ค๐™ง ๐™™๐™ค๐™ข๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™š, ๐™ฌ๐™ž๐™ก๐™ก ๐™ฌ๐™š ๐™จ๐™š๐™š ๐™˜๐™ค๐™ฃ๐™จ๐™ค๐™ก๐™ž๐™™๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™€๐™‘ ๐™ฉ๐™ฌ๐™ค-๐™ฌ๐™๐™š๐™š๐™ก๐™š๐™ง ๐™จ๐™ฅ๐™–๐™˜๐™š, ๐™ค๐™ง ๐™ฌ๐™ž๐™ก๐™ก ๐™™๐™ž๐™›๐™›๐™š๐™ง๐™š๐™ฃ๐™ฉ๐™ž๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™ฉ๐™๐™ง๐™ค๐™ช๐™œ๐™ ๐™ฉ๐™š๐™˜๐™๐™ฃ๐™ค๐™ก๐™ค๐™œ๐™ฎ ๐™–๐™ฃ๐™™ ๐™—๐™ง๐™–๐™ฃ๐™™ ๐™ก๐™ค๐™ฎ๐™–๐™ก๐™ฉ๐™ฎ ๐™—๐™š๐™˜๐™ค๐™ข๐™š ๐™ ๐™š๐™ฎ ๐™œ๐™ง๐™ค๐™ฌ๐™ฉ๐™ ๐™™๐™ง๐™ž๐™ซ๐™š๐™ง๐™จ? Source: MoneyControl - https://bit.ly/3x98gY4 ๐Ÿ“. โ ๐๐š๐ฃ๐š๐ฃ ๐‡๐จ๐ฎ๐ฌ๐ข๐ง๐  ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Ÿ๐ข๐ฅ๐ž๐ฌ ๐ฉ๐š๐ฉ๐ž๐ซ๐ฌ ๐Ÿ๐จ๐ซ ๐‘๐ฌ ๐Ÿ•,๐ŸŽ๐ŸŽ๐ŸŽ ๐‚๐ซ ๐ˆ๐๐Ž The IPO will comprise a fresh issue of equity shares worth up to Rs 4,000 crore and an offer for sale of equity shares worth Rs 3,000 crore by parent Bajaj Finance. The proceeds will be used to augment Bajaj Housing Finance's capital base to meet future capital requirements. ๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ: ๐˜ฝ๐™–๐™Ÿ๐™–๐™Ÿ ๐™ƒ๐™ค๐™ช๐™จ๐™ž๐™ฃ๐™œ ๐™๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™š'๐™จ ๐™„๐™‹๐™Š ๐™ง๐™š๐™›๐™ก๐™š๐™˜๐™ฉ๐™จ ๐™œ๐™ง๐™ค๐™ฌ๐™ž๐™ฃ๐™œ ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ค๐™ง ๐™˜๐™ค๐™ฃ๐™›๐™ž๐™™๐™š๐™ฃ๐™˜๐™š ๐™ž๐™ฃ ๐™„๐™ฃ๐™™๐™ž๐™–'๐™จ ๐™๐™ค๐™ช๐™จ๐™ž๐™ฃ๐™œ ๐™›๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™š ๐™จ๐™š๐™˜๐™ฉ๐™ค๐™ง, ๐™™๐™ง๐™ž๐™ซ๐™š๐™ฃ ๐™—๐™ฎ ๐™ช๐™ง๐™—๐™–๐™ฃ๐™ž๐™ฏ๐™–๐™ฉ๐™ž๐™ค๐™ฃ ๐™–๐™ฃ๐™™ ๐™– ๐™ง๐™ž๐™จ๐™ž๐™ฃ๐™œ ๐™ข๐™ž๐™™๐™™๐™ก๐™š ๐™˜๐™ก๐™–๐™จ๐™จ. ๐™’๐™ž๐™ฉ๐™ ๐™ข๐™ค๐™ง๐™š ๐™๐™ค๐™ช๐™จ๐™ž๐™ฃ๐™œ ๐™›๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™š ๐™˜๐™ค๐™ข๐™ฅ๐™–๐™ฃ๐™ž๐™š๐™จ ๐™œ๐™ค๐™ž๐™ฃ๐™œ ๐™ฅ๐™ช๐™—๐™ก๐™ž๐™˜, ๐™ฌ๐™ž๐™ก๐™ก ๐™ฉ๐™๐™ž๐™จ ๐™ž๐™ฃ๐™˜๐™ง๐™š๐™–๐™จ๐™š๐™™ ๐™˜๐™–๐™ฅ๐™ž๐™ฉ๐™–๐™ก ๐™ก๐™š๐™–๐™™ ๐™ฉ๐™ค ๐™ข๐™ค๐™ง๐™š ๐™–๐™›๐™›๐™ค๐™ง๐™™๐™–๐™—๐™ก๐™š ๐™๐™ค๐™ช๐™จ๐™ž๐™ฃ๐™œ ๐™ค๐™ฅ๐™ฉ๐™ž๐™ค๐™ฃ๐™จ, ๐™ค๐™ง ๐™ฌ๐™ž๐™ก๐™ก ๐™ž๐™ฉ ๐™ฅ๐™ง๐™ž๐™ข๐™–๐™ง๐™ž๐™ก๐™ฎ ๐™—๐™š๐™ฃ๐™š๐™›๐™ž๐™ฉ ๐™๐™ž๐™œ๐™-๐™š๐™ฃ๐™™ ๐™ง๐™š๐™–๐™ก ๐™š๐™จ๐™ฉ๐™–๐™ฉ๐™š? Source: YourStory - https://bit.ly/3KBAj5G Got a zesty take on our tangy ๐Ÿ‡ ๐™›๐™ค๐™ง ๐™๐™๐™ค๐™ช๐™œ๐™๐™ฉ? Discuss in comments below! โฌ‡๏ธ

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