Someone also explain how they are profitable too.

Product Manager

Haha I know that, but their business model and marketing spends are too high to be profitable. Hence the question.

Consultant

Does anyone have any numbers on the sales of their products? I feel like the entire hype around the CGM has died down, and the ring also doesn’t seem like it’ll get crazy traction in India.  
  
 Although I’ve been seen their Business Head launching their products in newer regions, is that the next steps for them?

Founder’s Office

Ultrahuman and its $35Mn bag! Big sums don't mean big success, my friend. Debt or equity, kya farq padta hai? Are their users happy? That's the question! Aapne kya try kiya unka product?

Systems Architect

Just confused cuz I don't see many people talking about it anymore

Welcome to Indian Startups's Private Community

Wearable tech startup Ultrahuman has raised $35 million in a mix of debt and equity in its Series B round from Blume Ventures and others

Ultrahuman raises $35 Mn in Series B round

Ultrahuman raises $35Mn. Any check on how they're actually doing? Seems it's Debt & Equity, not sure how much debt.

Corporate Strategist

Ultrahuman raises $35Mn. Any check on how they're actually doing? Seems it's Debt & Equity, not sure how much debt.- Grapevine

Welcome to News Discussion's Private Community

- Ultrahuman is in talks to raise $30-40 million, potentially led by SoftBank Vision Fund.
- The funds will be used to expand product range, manufacturing, and international operations.
- The company seeks a $300-million valuation, driven by its AI-based software.
- SoftBank has issued a term sheet, marking its first new investment in over two years.
- Ultrahuman previously raised $35 million in March, with significant backing from Zomato founder Deepinder Goyal. 

 Source: [The Arc](https://thearcweb.com/article/ultrahuman-mohit-kumar-softbank-wearables-deepinder-goyal-Nz85Jm6pRu0M2Q4P)

Ultrahuman Eyes $40 Million Investment Led by SoftBank

Journalist

Udaan raises $340Mn! How did they manage this? Anybody knows the exact specifics?

The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last valuation was ~$3Bn so now more like in the $1-1.5Bn range.

Investment Associate

This engineer rejected a startup that raised #110 mn usd in less than 2 years after her rejection

Growth Manager

What could they do to undo this downward spiral?

How long before Byjus runs out of funds?

How it happened?
-wifi turned off
-Slack disabled
-Email disabled

Mojocare laysoff their entire staff of around 200+ people

That's some crazy shit, the CEO reached out to me 3-4 months back on LinkedIn for a Managerial position. Glad that I rejected it.

Customer Success

Founder

Welcome to Software Engineers's Private Community

Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)

Mass Layoffs at Navi Technology

Damn no wonder they are firing 
 I know some average freshers who joined at 21 base last year  
 Overpaying for average talent always results in firing in startups,is what I have observed

Data Scientist

Software Engineer

The Startup that you had an offer from but did not join, and then it went big? (Let's take a word from VCs, how they like to use anti portfolio lists on their sites - cos they got an opportunity to enter but missed)

What's your anti-startup

This is just a prediction based on what I've been observing recently. Founder is publishing a lot of self ego boosting articles and aggressively hiring currently.

This has been going on for quite some time and they recently did some layoffs too!

These are some of the early signs when things start to go wrong.

Not sure about their numbers. And even though Indians really love gold it's not an investment. It's a hedge. 

Let's see what happens in the next 12 months.

Prediction - The next startup to fall will be Jar

Despite the funding winter environment, higher management woes and business model doubts they raised a colossal $200mn. Any inside beans to spill here?

Zepto becomes a unicorn

Business Development Manager

Byju’s manages to raise more capital… yet again 👀

Ultrahuman Founder talking about Oura

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

Are we going back to good golden days of insane salaries. I am really curious on how was the valuation decided. On what basis? Did this platform earned a single penny yet.

Program Manager

Why raise debt for an AI startup instead of equity? Anyone knows why it’s better?

I’m thinking of applying to Hasura. Does any one know how they are doing financially? They seemed to have raised a lot of money , not sure how their revenues are doing.

Just trying to figure out how the company is doing financially

How is Hasura doing?

Support Engineer

Welcome to Office Gossip's Private Community

Is udaan raising new funds and if yes, what is the new valuation ?

Chief of Staff

- 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

Unicorn Alert: Dhan in Talks to Raise $100 Million at $1.5 Billion Valuation

Welcome to Personal Finance's Private Community

Is this really justified in the name of restructuring the company after funding?

Thoughts on Udaan laying off ~150 folks after raising $340 million in capital

Software Test - QA

Wanted to check with folks working at UrbanCompany how the company is doing. Are they growing / doing well? It appears to be smooth sailing but I heard they postponed their IPO. 

Also how’s culture there? Heard Abhiraj is a great CEO.

Ultrahuman raises $35Mn. Any check on how they're actually doing? Seems it's Debt & Equity, not sure how much debt.

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