B2B procurement marketplace ProcMart has been growing at a scorching pace over the past two fiscal years, with its gross merchandise value (GMV) spiking 5X in FY23 and FY24 compared to FY22. In FY24, the company achieved 3X GMV growth, but its profit nosedived by 56.5% ProcMarts gross revenue shot up over 200% to Rs Continue reading ProcMart GMV zooms 3X to Rs 621 Cr in FY24; profit slips 56% The post ProcMart GMV zooms 3X to Rs 621 Cr in FY24; profit slips 56% appeared first on Entrackr .

During the week, 24 Indian startups raised around $228.79 million in funding. These deals count 6 growth-stage deals and 13 early-stage deals while 5 startups kept their transaction details undisclosed. During the last week, 26 early and growth-stage startups cumulatively raised $421.29 million in funding. [Growth-stage deals] Among the growth-stage deals, 6 startups raised $182.65 Continue reading Funding and acquisitions in Indian startup this week [09 14 Sep] The post Funding and acquisitio

Sportswear and athleisure solutions platform Agilitas Sports has secured strategic investment from Spring Marketing Capital. While the details of the funding amount have not been disclosed, this partnership is expected to advance Agilitas towards becoming a key player in the sportswear industry, according to the companys press release. Abhishek Ganguly, the CEO and Co-founder of Continue reading Agilitas Sports raises strategic moeny from Spring Marketing Capital The post Agilitas Sports raises

Sportswear and athleisure solutions platform Agilitas Sports has secured strategic investment from Spring Marketing Capital. While the details of the funding amount have not been disclosed, this partnership is expected to advance Agilitas towards becoming a key player in the sportswear industry, according to the companys press release. Abhishek Ganguly, the CEO and Co-founder of Continue reading Agilitas Sports raises strategic money from Spring Marketing Capital The post Agilitas Sports raises

Newmi Care, a full stack outpatient care platform and clinics focused on women health & wellness, has raised $1.5 million in a Seed funding round led by Sprout Venture Partners. The round also saw participation from a leading family office, LetsVenture, Sarcha Advisors, Key Ventures Forum and a few angels investors. Newmi Care aims to Continue reading Women health platform Newmi Care raises $1.5 Mn in Seed round The post Women health platform Newmi Care raises $1.5 Mn in Seed round appeared fir

Employee healthcare platform Onsurity has raised Rs 219 crore or $26.4 million in a new round led by Creaegis, with the participation of existing investors Nexus Venture Partners and Quona Capital. The board at Onsurity has passed a special resolution to issue 10 equity and 6,302 series B1 CCPs at an issue price of Rs Continue reading Exclusive: Onsurity raises over $26 Mn in new round led by Creaegis The post Exclusive: Onsurity raises over $26 Mn in new round led by Creaegis appeared first on

Virat Kohli-backed mens apparel brand WROGNs parent company has been struggling to grow, as the companys revenue dropped by over 29% in the fiscal year ending March 2024. At the same time, the firms losses surged by 28.2%, nearing the Rs 57 crore mark during the same period. WROGNs revenue from operations dwindled 29.2% to Continue reading Virat Kohli-backed WROGNs revenue dips 29% in FY24 The post Virat Kohli-backed WROGNs revenue dips 29% in FY24 appeared first on Entrackr .