Marc Orchard’s Post

Here’s a quick recap of this week’s top startup news 🚨👇 🔸 Rapido raised $200 Mn (INR 1,660 Cr) in a Series E funding round led by existing investor WestBridge Capital that catapulted the ride-hailing startup into the unicorn club with a valuation of $1.1 Bn. 🔸 Brokerage CLSA expects the gross order value of major quick commerce players like Blinkit, Zepto and Swiggy's Instamart to reach $10 Bn by the FY26. 🔸 B2B marketplace unicorn OfBusiness has begun preparations for an initial public offering (IPO) of up to $1 Bn and is close to finalising the bankers for its public issue. 🔸Quick commerce major Zepto has kicked off “active discussions” with domestic and global merchant bankers for a potential listing on Indian bourses by August 2025. The company plans to raise around $450 Mn via a fresh issue of shares. #trending #startups #weeklywrap

Fintech SaaS startup Zaggle’s consolidated profit after tax (PAT) surged 716% to Rs 16.73 Cr in the quarter ended June 30, 2024 (Q1 FY25) from Rs 2.05 Cr in the year-ago period due to strong growth in its business. However, PAT declined over 12% on a quarter-on-quarter (QoQ) basis from Rs 19.16 Cr. 🚀 Join the startup revolution! Follow StartupTrak for the latest and hottest startup news, inspiring stories, and game-changing innovations! 💯❤️🔥 . . #Zaggle #Fintech #SaaS #PATSurge #ProfitGrowth #Q1FY25 #BusinessSuccess #FinancialResults #QuarterlyUpdate #TechStartup #FintechNews #BusinessGrowth #StartupNews #StartupTrak

Can anyone recommend an easy and affordable Retail finance solution, for startups, with low revenues, but good sales pipeline? Clients purchase product over £3000, and want to spread payments over 12-24 months We have gone through, Klarna, (too expensive for us) Divido, (revenues too low) and a bunch others, with minimum turnover limit. #retailfinance #spreadpayments #startups #ecommerce #paymentsolutions

The “Founder Factory” effect is alive and well in fintech. Not are only are these unicorns dominating the market—they’re also producing alumni who go on to launch impactful startups of their own. For example, Stripe alumni have founded successful startups like Pilot & Square alumni have started popular companies like Affirm and DoorDash. Money raised by alumni groups: Stripe - $23B Square - $7B Visa - $5B Klarna - $2B Monzo - $2B Mastercard - $830M Revolut - $510M Robinhood - $500M Wise - $342M Brex - $203M N26 -$132M These aren’t just big numbers, they’re signs of a growing trend. When talent from high-growth companies starts new ventures, they bring unique skills, networks, and the confidence to disrupt industries, often with backing from their alumni networks. Imagine the impact if these groups pooled their knowledge, experience, and capital to fund each other’s ventures, with PIN 😉 PS: If you like this, check out our newsletter for startup investors, link in comments! #startups #venturecapital #techmafia #founders

🚀 𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐒𝐚𝐚𝐒, 𝐅𝐢𝐧𝐭𝐞𝐜𝐡, 𝐚𝐧𝐝 𝐄-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 – 𝐞𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐥𝐲 𝐭𝐡𝐨𝐬𝐞 𝐬𝐜𝐚𝐥𝐢𝐧𝐠 𝐟𝐚𝐬𝐭! At Zipy, we have a special, exclusive offer designed just for you. Whether you're in the early stages or experiencing rapid growth, we understand the unique challenges you face. That’s why we've crafted an offer to help you streamline your operations and scale even faster. 🎥 Watch the video to learn how Zipy can revolutionize your workflow and boost efficiency across your teams. 💡 Curious about Zipy’s pricing plans? We’ve got you covered! Click here to explore our flexible and startup-friendly pricing: https://lnkd.in/dFfUhAck #pricing #saas #ecommerce #fintech #startupgrowth #growwithzipy #startups #ecom

Interesting to see so many big names like Skims, Chime, and Stripe choosing to delay their IPOs. It’s a tough market out there, and it looks like 2025 might be the year to watch. Patience and strategic planning are the name of the game. 📈 #technews #ipo #startups

Delivery startup Zapp posts widening 2022 losses, says it’s now ‘operationally profitable’. 📉📈 Losses at Zapp increased from £76m to £92.5m in 2022 as the rapid grocery delivery firm restructured the business to focus on core markets in what was a challenging year for startups. Quick Commerce Limited, which operates as Zapp, more than doubled its turnover year-on-year from £11.5m to £28.9m over the same period, according to accounts filed on Companies House. ➡️ https://lnkd.in/eM5GHEaS 🔗 #losses #foodtech #zapp #markets #business #UKtech

Zepto is coming out as the most promising star in this 'Funding Winter'🌼 While the Q-Commerce Unicorn recently raised $665 Mn from Glade Brook, Nexus, Lightspeed and others at a valuation of $3.6 Bn... ...it is planning to raise more $400 Mn at a projected valuation of $4.6 Bn! The young startup is also looking at an IPO in year 2026. Its performance looks promising too! The rising star's revenue surged 14.3X to INR 2,024.3 Cr in FY23 while net loss jumped only 3.4X year-on-year to INR 1,272.4 Cr Zepto's Gross Merchandise Value (GMV) has crossed $1 Bn and more than 75% of Zepto's stores are EBITDA positive as of May 2024. Let us take you through its success story through this crisp slideshow.🎯 #qcommerce #entrepreneurship #startups #speed #agile #technology #genz #convenience #growth #india #investmentbanking #venturecapital Subhash Udhwani Amit Kumar Puneet Jain Mittal Shah Amit Rautela OiKOS

After a tumultuous year, banking-as-a-service (BaaS) startup Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, according to the two companies. The deal is pending bankruptcy court approval. Read more from Mary Ann Azevedo and Christine Hall on TabaPay buying the assets of a16z-backed Synapse here: https://tcrn.ch/3UsSSP8 #TechCrunch #technews #TabaPay #SoftBank #a16z #startup

𝗘𝘃𝗲𝗿 𝘄𝗼𝗻𝗱𝗲𝗿𝗲𝗱 𝘄𝗵𝗮𝘁 𝗳𝘂𝗲𝗹𝘀 𝗮 𝘀𝘁𝗮𝗿𝘁𝘂𝗽'𝘀 𝗷𝗼𝘂𝗿𝗻𝗲𝘆 𝗳𝗿𝗼𝗺 𝗮𝗻 𝗶𝗱𝗲𝗮 𝘁𝗼 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝘁𝗮𝗻𝗴𝗶𝗯𝗹𝗲? 🚀 For me, seed funding has always been the game-changer. Take the example of Paytm, 𝗼𝗻𝗲 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮’𝘀 𝗺𝗼𝘀𝘁 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀. It started as a mobile recharge platform and grew into a digital payments giant. The initial seed funding Paytm received was crucial in helping them build their product, expand their user base, and set the stage for the massive growth they’ve achieved today. 𝗪𝗵𝗲𝗻 𝗜 𝘁𝗵𝗶𝗻𝗸 𝗮𝗯𝗼𝘂𝘁 𝘀𝗲𝗲𝗱 𝗳𝘂𝗻𝗱𝗶𝗻𝗴, it's not just about the money. It's about the belief investors place in your vision. It's about the doors it opens—whether it's access to mentors, networks, or future funding rounds. But it's also a reminder to stay focused and strategic. Every dollar counts, and how you use that seed funding can set the tone for your startup's future. 𝗜𝗻 𝘁𝗵𝗲 𝗲𝗻𝗱, 𝘀𝗲𝗲𝗱 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗶𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗷𝘂𝘀𝘁 𝗰𝗮𝗽𝗶𝘁𝗮𝗹—𝗶𝘁'𝘀 𝗮 𝘀𝘁𝗲𝗽𝗽𝗶𝗻𝗴 𝘀𝘁𝗼𝗻𝗲 𝘁𝗼 𝗮𝗰𝗵𝗶𝗲𝘃𝗶𝗻𝗴 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗲𝘅𝘁𝗿𝗮𝗼𝗿𝗱𝗶𝗻𝗮𝗿𝘆, 𝗷𝘂𝘀𝘁 𝗹𝗶𝗸𝗲 𝗣𝗮𝘆𝘁𝗺 𝗱𝗶𝗱. 💡  #SeedFunding #Startups #Entrepreneurship #VentureCapital #Growth #StartupJourney