🏋️‍♂️Ebenezer Kumar

D Globalist. X Lightspeed India Our CEO, Divesh Sharma. recently spoke to the Lightspeed India team about the phases of exploring cross-border expansion with advice for testing global market potential. “It isn’t that one is necessarily prepared to become an eXtrepreneur. It's a journey with distinct phases, each with its challenges and opportunities", Divesh highlights key considerations and challenges founders must prepare for. Read more at https://lnkd.in/gWcbg9wt #eXtrepreneur #DGecosystem #limitless

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Enterprise SaaS startup Everstage has raised $30 Mn (around INR 252 Cr) in a Series B funding round led by Eight Roads Ventures. The round also saw participation from existing investors — Elevation Capital and 3one4 Capital. The Chennai-based startup plans to use the fresh funds for product innovation and improving its in-house services for enhanced customer experience, said Siva Rajamani, cofounder and CEO of Everstage. Additionally, Everstage has also announced an INR 5 Cr employee stock ownership plan (ESOP) buyback programme to reward its early employees. While Everstage has 200 staffers on its payroll, it’s unclear how many of them would benefit from the ESOP buyback scheme. Founded in 2020 by Rajamani, a former Freshworks executive, and Vivek Suriyamoorthy, Everstage offers a platform that enables enterprises, and their sales teams, to keep track of how much they’re earning in commission. To read the in-depth article, click here: https://4-2.co/3NtqnMR #news #saas #funding

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Unicorns are out, Indicorns are in! 🦄➡🇮🇳 “It’s time we abandon the concept of unicorns and start creating Indicorns– profitable startups with Rs 100 crore+ revenue, started in the last 15 years,” said Kunal Bahl, Co-founder of Snapdeal | AceVector Group & Titan Capital, during #TechSparks2024 in Bengaluru. Watch the full conversation here: https://lnkd.in/gpAfZpmk Shradha Sharma

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#Exclusive: Car-ownership solutions provider Park+ is testing a new service which allows users to book drivers on demand. Founder and CEO Amit Lakhotia told Inc42 that Park+ is currently piloting the service in Gurugram👇 While the startup currently allows select users to hire drivers for intercity travel currently, it plans to add intracity travel going ahead. Park+ will hire drivers from agencies for the services. However, Lakhotia added that the startup already has around 2,000 drivers on the platform who are working as valets for parking and car servicing services. These drivers will be used for the new on-demand driver hiring services. 🔗 To read more in detail, click here: https://lnkd.in/gvm8ntVD #news #startup #expansion

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Fairplay App Case: ED Raids 19 Locations Across Mumbai And Pune, Seizes Assets Worth INR 8 Cr #startup #startupbusiness #startuplife #startupindia #StartUpSuccess #startupsupport #startups #StartupIdeas #businesssuccess #business #indianbusiness #indianbusinesses #market #stocks #entrepreneur #entrepreneurship #indianstartups #indianstartupnews #indianstartup #indianbusinessnews #newsfeed #newspaper #newsupdate #updates2024 #fairplay #ed #raid

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Koo Shuts Down Amid Financial Struggles and Failed Acquisition Talks Koo experienced a net loss of INR 244 crore from FY20 to FY22, with revenue amounting to only INR 21 lakh during the same timeframe. Due to decreasing user figures, the platform encountered a major obstacle and needed help securing funding in a competitive fundraising environment. Despite an optimistic beginning in 2021 during the COVID-19 pandemic, Koo was unable to maintain its momentum in the long run. News came out that Dailyhunt and Josh's parent company, VerSe, were in negotiations to buy Koo, but those talks did not materialize. Koo's attractive logo and language initially drew in Indian users, but its failure to obtain funding and maintain growth ultimately caused its downfall. Even with strong support from investors like Tiger Global, Koo's challenges highlight the difficulties of managing a social media platform, despite its initial success. As Koo's chapter comes to an end, it becomes another platform that has faced challenges in staying important in the constantly changing digital world. #startup #startupworld #letscode #koo #technews

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Revolutionising urban living, one co living space at a time, with Truecaller verified identity. 📲✅ Exciting news! Colive, Future Of Living is officially a verified business on Truecaller. 🌟 Empowering their business-user communication with #identity, #trust, and #context. 🤝 #truecaller #colive #businesscommunication #verifiedbusiness

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The gift card industry in India is projected to reach $15.7 billion by 2028, growing at a CAGR of 15.3%. 💰 Gone are the days of gifting Soan Papdi dabbas that somehow find their way back to the sender (full circle PTSD, anyone? 🫠). Instead, people are now choosing Gift Cards for their loved ones. And here's where it gets interesting: people who applied gift cards while shopping converted 2.5X more and placed more prepaid orders! Right now, KwikCheckout is the only checkout solution on Shopify that lets you seamlessly apply gift cards—making it a must-have for your festive strategy. Watch the video below to see how you can turn this Gift Card boom into a growth opportunity with KwikCheckout, and skyrocket your festive revenue (more details in the video 😉👇). #GiftCards #FestiveSeason #Ecommerce #ShopifyStores #CheckoutSolutions

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🔍Data-Driven Events: Your Key to Success with JTB India📊 In today’s fast-paced event landscape, understanding your audience is more crucial than ever. Our latest blog post dives deep into the world of event data analytics, showcasing how leveraging data can transform your event management strategy. What You'll Discover: The significance of data-driven insights in enhancing attendee experiences and maximizing ROI. An overview of JTB Connect, our innovative technology platform that empowers event planners with advanced analytics capabilities. Key benefits of utilizing data analytics throughout the event lifecycle, from pre-event planning to post-event evaluations. Best practices for harnessing analytics to optimize your events for success. Why Read This Blog? Data analytics is not just an option; it’s a necessity for creating impactful events that resonate with attendees. Discover how you can elevate your events with actionable insights! 👉 Read the full article here and unlock the potential of data analytics for your next event! https://lnkd.in/gb88Cngc Harness Event Data Analytics for Success with Data-Driven Insights #DataAnalytics #EventManagement #JTBIndia #EventSuccess #JTBConnect #CorporateEvents

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We've got your weekend plan sorted! Footsteps episode 2 is out now! Go watch the complete conversation between Bharadwaj Giridhar and Siddhanth Agrawal to learn about the new trends in outbound sales! Right from how to engineer content to bring inbound leads, scaling outbound function to productivity hacks and best channels for outbound outreach, we have got your back! Link to the podcast - https://lnkd.in/d7GHtjaG Share the podcast with your SDR friends and subscribe to the YT channel!

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🔥 Spotlight on Harsh Gahlaut, Co-Founder & CEO of FinEdge | #CXOSpotlight 🌟 📅 Date: August 7th ⏲ Time: 3:00 PM (YouTube) & 4:00 PM IST (LinkedIn) 🌐 Platforms: LinkedIn & YouTube Join us as Harsh Gahlaut, Co-Founder and CEO of FinEdge, shares his insights on transforming wealth management. Discover how FinEdge addresses critical gaps in financial advice, making it accessible to everyone and merging technology with human expertise. 📈 In this session, learn about: ◾ Bridging the wealth management gap: Reaching beyond high-net-worth individuals ◾ Key challenges and solutions in financial advice ◾ Integrating technology and personal touch in investment strategies Don’t miss this chance to gain valuable knowledge on digital transformation, collaboration, and innovation in the finance sector! CXOtv news | Techplus Media | Techplus IT Channel Kalpana Singhal | ANUJ SINGHAL (Andy) | #CXOTVDailyNews #CXOTVnews #CXOSpotlight #Leadership #WealthManagement #FinancialInnovation #TechInFinance #DigitalTransformation #InvestmentAdvice #FinTech #DataDriven #BusinessSuccess #AIinFinance #CloudComputing #Innovation #FutureOfFinance #TechnologyLeadership

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The Hosteller, a leading traveltech startup, has successfully raised INR 32 Cr (approx. $4 Mn) in a fresh funding round led by V Cube Ventures SA, with participation from LV Angel Fund, Unit E Consulting LLP, and several angel investors. According to regulatory filings, the board approved a special resolution to issue 10 equity shares and 64,281 Series A compulsorily convertible preference shares (CCPS) at a premium of INR 4,977.50 each, bringing the total funding to INR 32 Cr. This new capital will fuel The Hosteller's expansion plans as they look to grow their operations. The company also proposed further fundraising through private placement and preferential issuance of equity shares and Series A CCPS. Founded in 2015 by Pranav Dangi and Sumit Mishra, The Hosteller offers affordable backpacker hostels across India, making it a popular choice among budget-conscious travelers. The travel and hospitality sector is witnessing a strong post-pandemic recovery, with nationwide hotel occupancy reaching 66.1% and an average daily rate (ADR) of INR 6,869 in 2023, the highest in a decade. In another significant move in the industry, OYO acquired Paris-based premium rental homes company Checkmyguest for INR 230 Cr ($27.4 Mn), signaling OYO’s ambitious global expansion. #TheHosteller #TravelTech #Funding #FundingAlert #FundraiserAlert #VCubeVentures #VentureCapital #AngelInvestors #BackpackerHostels #TravelIndustry #Hospitality #TourismRecovery #GlobalExpansion #AllBoutCorps

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Want to know how it all started? Hear about the humble beginnings and the values at Everest Fleet from our founder himself, Siddharth Ladsariya #ExpertDesk #Episode1 #FoundersNote #Stories #EverestFleet

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Zepto expands cafe service to major cities; eyes Rs 1,000 crore revenue run rate by 2026 - Zepto Cafe Expansion: Quick commerce platform Zepto rolls out its cafe service across major cities, targeting a revenue run rate of ₹1,000 crore by 2026. - Rapid Growth: Operating 120+ cafes in Mumbai, Delhi, Bengaluru, and soon Hyderabad, Chennai, and Pune, the service features a 10-minute delivery model. - Diverse Menu: Offers 148+ items, including chai, coffee, all-day breakfast, pastries, and snacks, catering to fast-paced urban lifestyles. - Current Success: Launched in April 2022, Zepto Cafe has achieved ₹160 crore ARR GMV with just 15% of its dark store network. - Future Goals: Plans to launch 100+ new cafes monthly, aiming for ₹1,000 crore ARR by the next fiscal year with proven unit economics. Read more: https://lnkd.in/g4ABZPGn 

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