As per Inc42 data, as many as 37 former @Paytm employees have emerged as entrepreneurs and founded 29 startups – of which 27 startups have raised more than $1 Bn in funding collectively. Let’s take a look 👀👇
🔸Founded in 2018 by @nishanthks91, @prateek1190, and @RohanNayak2, @PocketFM_App exceeded $25 Mn annualised revenue run-rate (ARR) last year, eyeing at $100 Mn ARR by 2023. The audio OTT platform bagged a debt funding of $16 Mn from Silicon Valley Bank in May this year.
🔸Founded in 2017 by Ashok Prasad and @amitsins, @unnatiagri offers agronomy services to farmers with agri-inputs and multiple crop selling options. The agritech startup also raised INR 28.5 Cr in its Pre-Series B funding round in June this year.
🔸Founded in June 2022 by @Vikasgarg3, @rahulnagar87 and Himanshu Arora, @kredmint offers customised working capital to MSMEs in the country. The fintech startup raised about $2 Mn in a funding round in December 2022.
🔸Founded in 2017 by @dayal_saurabh, @Cleardekho offers eyewear solutions for low-income masses via its website and offline stores across India. The brand raised $5 Mn in its Series A funding round in October last year.
What exactly do you think drove Paytm employees and made them such great fits to become future #entrepreneurs? Let us know your take in the comments 💭
#startups #tech #technology #marketing #strategy #fintech #business #India #news
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We hear the warning, “Past performance is not indicative of future returns” regularly.
If past performance doesn’t speak to future returns, what does it speak about an investment?
In our latest blog post we delve into this question. Check it out now!
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Our aim at wealth42 is to simplify financial planning for the individual. The tools for a secure future should be accessible to everyone.
Read more about our story here - https://t.co/fXy0xQrEi0
Our aim at wealth42 is to simplify financial planning for the individual. The tools for a secure future should be accessible to everyone.
Read more about our story here - https://t.co/fXy0xQrEi0
So why would you try timing the market with a Lumpsum investment?
Reach us at https://t.co/sz5z2oolkV to know more about how we can help you manage daily SIPs with a single transaction!
2 more days left for #TaxSaving#Investment! Still deciding where to #invest?
Equity Linked Savings Scheme (ELSS) #mutualfunds have fared better than 5 year Bank fixed deposits (FD).
Explore more on https://t.co/OX1BNXGKI4
Example – For a 5 year investment, @AxisMutualFund Long Term Equity Fund would have given you a worst case (Mar 2015) annualised return of –
• 3.1% for a Lumpsum made once
• 12.43% for a Daily SIP over a year
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Several #mutualfunds in India show 50%+ growth today. This is due to the booming recovery from the Indian stock market crash a year back. To help you judge realistic performance better, we've opened up this internal tool.
Liked this analysis? This is one of many considerations we make when we help clients with financial plans. Join our beta at https://t.co/x1FZTvYMW5 and simplify decision making for your loans, taxes, investments, insurance and savings.