Kunal Manchanda (@Kunal

Kunal Manchanda

4,355 posts

Kunal Manchanda

@Kunal_POV

Reporter: @entrackr.com | Startups | #Fintrackr 📧 [email protected]

Gurgaon 📍

entrackr.com/kunal-manchanda

Joined March 2016

Kunal Manchanda
@Kunal_POV
Oct 24, 2023
NEW: Bootstrapped SaaS firm Wingify posted Rs 51 crore profits after tax on the revenue of Rs 223 crore in FY23. Founder salary: Rs 17.95 crore CEO's salary: Rs 5.82 crore ➡️ It's huge but it makes all sense when you established such a successful business.👏
56K
Kunal Manchanda
@Kunal_POV
Jan 9, 2025
BIG: Vikas Divyakirti-owned Drishti IAS registered Rs 405 Cr revenue with 90 Cr PAT in FY24. 📈 Revenue growth for Drishiti in the last four years. FY21: 40 Cr FY22: 119 Cr FY23: 310 Cr FY24: 405 Cr ➡️ Drishti IAS has 7 institutes in Delhi, UP, Jaipur, and MP. ➡️ Notably,
134K
Kunal Manchanda
@Kunal_POV
Feb 11, 2025
Exclusive: The Whole Truth is raising Series C round at round at over $250 million valuation. ➡️ This marks a 3.6X increase in valuation compared to its previous Series B round, which closed at $70 Mn. ➡️ Sofina, Peak Xv, Matrix and Sauce Continued Fund are participating.
30K
Kunal Manchanda
@Kunal_POV
Apr 29, 2025
🚨Urban Company founders Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra have made a secondary exit worth Rs 780 Cr ahead of the company’s IPO ➡️ In addition to the founders, its investors, Bessemer, Accel, and Tiger sold stakes worth Rs 615 Cr in secondary deals.
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Kunal Manchanda
@Kunal_POV
Feb 25, 2025
Zomato invested Rs 1,500 Cr in Blinkit, bringing its total investment in quick commerce to Rs 4,200 Cr post-acquisition. Meanwhile, rival Swiggy poured Rs 1,000 Cr into Instamart last week.
10K
Kunal Manchanda
@Kunal_POV
Dec 13, 2023
Shark Tank-fame D2C brand Snitch raised $13 million or Rs 110 crore in a Series A round co-led by SWC Global and IvyCap Ventures. Snitch claims that it will open over 100 offline stores across India by 2028 Compnay said, that its topline crossed Rs 100 crore in revenue in FY23
19K
Kunal Manchanda
@Kunal_POV
Jun 19, 2023
Have you seen any start-up with Rs 570 crore in revenue and Rs 200 crore in PAT (profit after tax)? 🤫 Magical figures: ➡️For every Rs 2.85 of revenue, the company is booking a rupee of profit, and that too after tax!!
37K
Kunal Manchanda
@Kunal_POV
Jun 27, 2022
Milky Mist recorded Rs 928 crore operating revenue with 4 fold jump in profits in FY21 The Erode-based bootstrapped company has emerged as one of the strongest competitors to new age startups in this space my #Fintrackr story with @upadhyay_harsh1 entrackr.com/2022/06/milky-…
Kunal Manchanda
@Kunal_POV
Aug 10, 2024
NEW: 🚨💣 Radio Mirchi has acquired Gaana via slump sale at Rs 25 lakh only. ➡️ Gaana was last valued at $580 million and raised over $200 Mn. ➡️ After the acquisition, there are no free services by Gaana and the annual subscription increased from Rs 299 to Rs 599.
13K
Kunal Manchanda
@Kunal_POV
Jan 21, 2025
Blue Tokai revenue growth in the past four fiscals: FY21: 41 Cr FY22: 72 Cr FY23: 127 Cr FY24: 216 Cr ➡️ The company currently has 130 outlets. ➡️ It has raised over $80 million to date. ➡️ Top Investors: A91 partners, Verlinvest, Snow Leopard, Anicut Capital.
12K
Kunal Manchanda
@Kunal_POV
Apr 2, 2025
New 🚨: Meesho’s co-founders, Vidit Aatrey and Sanjeev Kumar, have exercised 27 lakhs equity shares under the company’s 2024 ESOP plan. ➡️ Entrackr estimates that the exercised shares from the 2024 ESOP plan are valued at approximately Rs 1,023 crore ($120 million).
8.6K
Kunal Manchanda
@Kunal_POV
Nov 25, 2024
JUST IN: OneCard is raising Rs $28.5 million from Better Tomorrow Ventures, Peak XV, and Matrix Partners. ➡️ Post-Money Valuation: $1.4 billion
11K
Kunal Manchanda
@Kunal_POV
Dec 4, 2024
Exclusive 🚨: A massive fire at Shiprocket's Bhiwandi, Maharashtra warehouse last Thursday caused major damage, disrupting operations. ➡️ Over 61 brands, including Sugar, mCaffeine, and Beastlive, lost goods worth hundreds of crores.
14K
Kunal Manchanda
@Kunal_POV
Apr 28, 2025
Urban Company has filed Rs 1,900 Cr DRHP with SEBI today. ➡️ Accel, Tiger Global, Elevation, VY Capital, and Bessemer line up for OFS. ➡️ Accel will get 16.6 times higher exit than Tiger Global’s, 5.6 times higher than VY, and 97% higher than Bessemer's.
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