Aditi Shrivastava @AditiS90 Twitter profile | Pikagi

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Aditi Shrivastava

@AditiS90

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Followers

471

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Cofounder @thearc_hq | 0-1 at The CapTable & Stellaris VP | Economic Times & Reuters

Bengaluru, India

https://t.co/b9fnVU1Bgv

Joined September 2010

Don't wanna be here? Send us removal request.

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@AditiS90

Aditi Shrivastava

12 days

We have all created a resume or a personal profile at some point, be it for a social platform, an internship, campus placements or a job switch. Have you wondered what the profile of a high-growth private company would look like? The beta version of our new platform, ‘Company

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@AditiS90

Aditi Shrivastava

2 years

🤯PhonePe is closing a -~$500mn round at $12 bn, more than doubling its valuation & likely one of the largest funding rounds globally While Paytm is down 75% from its IPO price to a valuation to $3.6 bn, the worst 1st yr plunge among large IPOs in a decade, acc to Bloomberg

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@AditiS90

Aditi Shrivastava

1 year

🚨 Reliance Jiomart's wholesale division has fired over 1,000 employees, ET reports. An additional 9,900 are likely to lose their jobs in the coming weeks. The first signs of a pullback in India’s online B2B commerce came around mid-2022. 🧵

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@AditiS90

Aditi Shrivastava

2 years

Amazon seems to be slowly pulling back from India 1. Multiple top & mid level execs have quit the firm in the last year. This list from March Since then, many including Sameer Khetarpal, director of food, grocery, & health quit (Aug)

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@AditiS90

Aditi Shrivastava

2 years

🚨Ola has written to investors, informing them that the outer time limit for its IPO has been pushed back by 2 years to Nov 2024 The extension is significant as the company raised $139 mn in pre-IPO funding in Dec & publicly stated its going public in H1 2022 Why the delay? 🧵

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@AditiS90

Aditi Shrivastava

1 month

🚨🚨 Flipkart offered to acquire Zepto for less than $2 bn earlier this year. Zepto came back with a $3 bn counter. Did not work out. Outcome: Now, Flipkart is preparing to launch quick commerce on its own. Zepto is raising money at $3 bn.

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Zepto explored sale to Flipkart before new round | The Arc

The talks fell through over valuation expectations.

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@AditiS90

Aditi Shrivastava

1 year

🚨 JUST IN: Cred has fired 160 executives from Happay, a business expense management solution startup it acquired in Dec 2021 for $180 mn Source: @Inc42

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@AditiS90

Aditi Shrivastava

2 years

Raw Pressery was acquired by Wingreens in 2021 for Rs 100 crore -- ~20% of the company’s last valuation Wingreens took over and turned around the brand from a high distribution & production cost business to a high growth low cost biz in 18 months

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@AditiS90

Aditi Shrivastava

2 years

This escalated quickly. An eventful January timeline of BharatPe's saga: Jan 5 - An audio clip was posted by an anonymous Twitter account where Ashneer Grover hurled expletives towards a Kotak employee for missing out on share allotment during Nykaa's IPO.

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@AditiS90

Aditi Shrivastava

2 years

Rebel Foods' move to foray into dine-in eateries is a reminder of how tough scaling the pure-play cloud kitchen business fundamentally is, not just in India but globally 🧵

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@AditiS90

Aditi Shrivastava

2 years

Entrepreneurs across India’s startup ecosystem are facing a sobering new reality Board meetings called to discuss annual operating plans have been brutal 🧵

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@AditiS90

Aditi Shrivastava

2 years

Reliance's $240 mn cheque for Dunzo is perhaps their largest cash cheque for a local startup. And it's minority stake, unlike mostly buyouts in the past We have been writing about the state of quick commerce space. Here's our article from last month:

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@AditiS90

Aditi Shrivastava

2 years

2021 was when Zepto, Instamart, Dunzo & Blinkit forgot unit economics to offer on-demand convenience There’s been a late realisation this year, but it’s not enough Zepto’s $200mn fundraise at a $900mn valuation signals that the quick commerce war is not going away 🧵

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@AditiS90

Aditi Shrivastava

1 year

🚨 Delhivery results 🚨 "There’s no point driving fast if you don’t know where you’re going,” Sahil Barua, CEO of Delhivery told analysts' on Saturday Delhivery is struggling to meet its growth commitments to investors, with revenues remaining largely flat YoY

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@AditiS90

Aditi Shrivastava

19 days

Cannot believe I just ordered a gold coin tempted by 10 min delivery 😛 Happy Akshaya Tritiya

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@AditiS90

Aditi Shrivastava

2 years

Swiggy does not have what Zomato has. Of many things, public market scrutiny & a restaurant booking business, but it's making up for one of the two by buying Dineout Swiggy is also doubling down on Instamart & is among the title sponsors of this year's IPL.

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@AditiS90

Aditi Shrivastava

1 year

💯 on timing. One day before Zomato results, Swiggy says its food delivery biz is profitable.

@harshamjty

Sriharsha Majety

1 year

Excited that Swiggy turned its food delivery business profitable in March'23, while creating value for all our partners. Our teams have worked tirelessly to build long term value putting customers first each day. Read more HERE...

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@AditiS90

Aditi Shrivastava

1 year

😰 Managers of VC funds are facing more questions from limited partners, or investors in funds, about the India opportunity. This is a direct effect of Sequoia India’s separation from its storied Silicon Valley parent.

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@AditiS90

Aditi Shrivastava

2 months

🎂 This week, @thearc_hq team is celebrating is one year of publishing. Beyond thankful to all of you, our early readers. 🙏

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@AditiS90

Aditi Shrivastava

8 months

🚨 Exclusive: Dunzo fundraise For the past four months, Dunzo founder and CEO Kabeer Biswas has been exploring various avenues to secure a lifeline for his startup, which is being revamped. The options have ranged from renegotiating debt terms and raising external funding to

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@AditiS90

Aditi Shrivastava

1 year

Go mechanic founder #AmitBhasin has confessed to financial fraud. A lot is at stake for top VC funds 🧵 #gomechanic

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@AditiS90

Aditi Shrivastava

1 year

🚨 VLCC has acquired men’s grooming line Ustraa for Rs200 crore. In August 2022, Ustraa raised funding at a valuation of Rs 422 crore

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VLCC to acquire Info Edge-backed Ustraa for Rs 200 crore | The Arc

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@AditiS90

Aditi Shrivastava

1 year

🚨 Exclusive 🚨 Milk brand Country Delight was founded in 2011. Orios made its first investment five years later, investing Rs 3 crore for a 9.9% stake.

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@AditiS90

Aditi Shrivastava

1 year

🚨 #AshneerGrover The Economic Offences Wing has filed an FIR against former #BharatPe MD Ashneer Grover & his family for allegedly defrauding the fintech of Rs 81 crore

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@AditiS90

Aditi Shrivastava

1 year

🚨Dineout has been Swiggy’s biggest acquisition in nine years (other deals SuprDaily & Scootsy). Its taken roughly two years to fully integrate the business.

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@AditiS90

Aditi Shrivastava

3 years

🚨JUST IN: Swiggy raises $1.25 bn led by SoftBank & Prosus. 🚀Last week, Zomato raised $1.25 bn through an IPO. Market share wars are here to stay:

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@AditiS90

Aditi Shrivastava

10 months

🚨DealShare is the first big example of how investor board members have collectively taken action to protect capital they invested In the absence of a business model, DealShare founders no longer have access to the hundreds of millions they raised from FalconEdge, WestBridge, &

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@AditiS90

Aditi Shrivastava

2 months

🚀🚀 Zomato's market cap has touched $20 billion. It is now the most valued internet company in India after Flipkart ($35 billion)

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Zomato’s market cap tops $20 bn on quick-commerce momentum | The Arc

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@AditiS90

Aditi Shrivastava

11 months

🚨Upgrad may acquire Udacity, once a $1-bn edtech, for $100 mn

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Upgrad may acquire Udacity, once a $1-bn edtech, for $100 mn | The Arc

Smartest takes on tech companies

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@AditiS90

Aditi Shrivastava

3 years

#ZomatoIPO Zomato wants to be an all-in-one food services platform

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@AditiS90

Aditi Shrivastava

2 months

🚨🚀 It took BigBasket 9 years to hit $1 billion in GMV run-rate (2020). Zepto has reached that mark in three years: Goldman Sachs report says. Thats how fast the internet ecosystem has grown in the last few years #zepto #blinkit #instamart #bigbasket

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@AditiS90

Aditi Shrivastava

1 year

🛵 Ola Electric IPO 🛵 Kotak Mahindra, ICICI Securities, Axis, Citi & Goldman Sachs have been picked as the lead bankers, @madhavchanchani reports. All of them have pegged the company’s IPO valuation at $9-11 bn

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@AditiS90

Aditi Shrivastava

1 year

🚨 Meesho has fired over 250 employees ie 15% of its workforce 🚨 The company's wage bill per month stood at about $6 million before the layoffs, investors say. Meesho's employee count stood at 1,865 as of Jan 2023 #meesho #layoffs

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@AditiS90

Aditi Shrivastava

1 year

🚨Byju's defaulted on its $1.2 bn loan 🚨 The edtech has sued lender -- Redwood -- alleging predatory tactics And.. Filed a suit in NY challenging the acceleration of the loan

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$1.2-bn loan: Byju’s sues ‘predatory’ lenders, defaults on repayment | The Arc

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@AditiS90

Aditi Shrivastava

2 years

Udaan is the latest unicorn to have begun layoffs Tough liquidity conditions have pushed companies to focus on profitability, over growth With staff costs being one of the highest fixed costs in the P&L, the impact on people is an unfortunate outcome 🧵

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@AditiS90

Aditi Shrivastava

2 months

🚨🚨 Meesho has been killing it with its execution $7 mln PAT in Sept quarter This has got everyone's attention. Existing investor PeakXV is doubling down. Westbridge bought a small stake, and now so is Mars Global. Good outcome for angels 💰

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Mars Growth eyes Meesho’s secondary round | The Arc

In March 2024, Meesho announced a $24-million share buyback.

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@AditiS90

Aditi Shrivastava

19 days

🚨🚀Did you know that in 2021, Zomato CEO Deepinder Goyal forfeited his salary for three years? This was just as the business began recovering from the pandemic. At that time, Zomato was valued at $5 billion. Subsequently, the board granted Goyal ESOPs with an exercising

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Aditi Shrivastava

1 year

🚨 After Razorpay, Groww is looking to move base to India from USA 🚨 Both fintechs are backed by Y Combinator. Groww was last valued at $3 bn in Oct 2021. It began efforts to raise funding of $4-5 bn in 2022, but they are yet to materialise.

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F&O for the win: Unlikely business drives Groww’s profits | The Arc

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@AditiS90

Aditi Shrivastava

2 years

Swiggy has finally announced its deal to acquire Dineout. Though the contours of the deal were not made public, we reported that Swiggy signed a definitive agreement to buy 10-year-old co for around $120-125 mn in a mix of cash & stock Why Dineout? 🧵

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@AditiS90

Aditi Shrivastava

1 year

🚨 InfoEdge has initiated a forensic audit into the affairs of Rahul Yadav's 4B Networks 🚨

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@AditiS90

Aditi Shrivastava

1 year

🚨 Rahul Yadav's refusal to share financial reports, despite becoming a subsidiary of Info Edge, forced the publicly listed major to write off its investment in the last quarter. 🧵

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@AditiS90

Aditi Shrivastava

11 months

🚨 The fates of Byju’s and PharmEasy 🚨 From rapid growth in 2021 to now, the two businesses had similar strategies to grow, but different ways to deal with what came in next: A 🧵

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@AditiS90

Aditi Shrivastava

11 months

🛑 The other side of $700 mn.. Anticipating another round of rent spike in Adarsh 😰

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@AditiS90

Aditi Shrivastava

11 months

🚨 $700 million: Flipkart ESOP holders (former and current) will get a payout this month as part of the Flipkart-PhonePe separation, according to two internal emails.

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@AditiS90

Aditi Shrivastava

2 months

🚨🚨 Big round at #PocketFM . Lightspeed has led a $103 mln round in the audio company along with Stepstone Group. The company has surpassed $150 mln ARR, of which $100 mln is USA Our story from Oct: @thearc_hq

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@AditiS90

Aditi Shrivastava

11 months

🚨 @peakxvpartners (Sequoia India) held a 27% stake in Byju’s at one point. Its holding has slipped to 7%. Till 2020, it had sold shares worth Rs 3,500 crore on a total investment of Rs 480 crore, walking away with over 7X returns.

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Early Byju’s investors earned $600 mn from share sales | The Arc

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@AditiS90

Aditi Shrivastava

2 years

🚨 JUST IN: Swiggy’s results H1 food delivery biz Order growth : 38% GMV growth : 40% Total GMV: $1.3bn Instamart: Order growth : 20 X GMV growth : 15 X Total GMV: $257mn Burn/month: ~$52 mn Source: Prosus

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@AditiS90

Aditi Shrivastava

9 days

🚨 🚨 NEWSBREAK: Flipkart has appointed Anuj Rathi, a top executive at fintech Jupiter, to lead Cleartrip.

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Flipkart to appoint Anuj Rathi as Cleartrip CEO | The Arc

The hiring is part of a broader reorganisation at Flipkart.

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@AditiS90

Aditi Shrivastava

1 year

🚨 After Domino’s, Coca Cola set to buy minority stake in Thrive If the deal materialises, it will be Coca-Cola’s first startup investment in India, ET reports

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@AditiS90

Aditi Shrivastava

11 months

🚨 🚨Flipkart employees to get $700 mn worth ESOP compensation today, ie July 14, 2023, according to an email sent by Flipkart CEO @_Kalyan_K Mail was titled: "Today is a special day"

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@AditiS90

Aditi Shrivastava

1 year

Meesho, which launched a grocery vertical called Farmiso in 2020, & rebranded as Superstore in April 2022, also shut it down a few months later. The strategy of growth at any cost has not worked out for anyone.

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Aditi Shrivastava

1 year

In November, Amazon shut its warehouses that dedicatedly supplied goods to shops in Karnataka Udaan, the most prominent startup in the sector, fired 10% of its workforce

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@AditiS90

Aditi Shrivastava

1 year

Besides economic forces, onboarding of unprofitable customers, questionable sales practices and steep discounting, are all factors at play What went wrong? Read in under 2 mins

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B2B tests even Reliance. Layoffs may exceed 10,000 | The Arc

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@AditiS90

Aditi Shrivastava

2 years

For instance, it canned Raw Pressery’s practice of importing ingredients for its juices & introduced supply chain tech to improve shelf life of drinks among other things Raw Pressery is now 40% of @WingreensF biz & grown 3.5X in revenue since the acquisition was done

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@AditiS90

Aditi Shrivastava

8 months

🚨🚨This is big. #Dream11 is facing a retrospective tax notice of about Rs 40,000 crore ($4.8 billion) in GST. This comes after the central government decided to implement 28% GST on real money gaming platforms. #GST #realmoney

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$3-bn notice spells tax nightmare for Dream11 | The Arc

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@AditiS90

Aditi Shrivastava

10 months

🚨 Job cuts & restructuring at Myntra Instead of growing several in-house brands, Myntra will now focus on — Roadster, HRX & Mast & Harbour This is a major shift, given that Myntra has launched 20-25 private labels over the years

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@AditiS90

Aditi Shrivastava

2 years

Since then Wingreens has also acquired brands like Postcard and Monsoon Harvest among others. @Bhumika14k has the full story behind Wingreens secret sauce & its transformation from dips and sauces to full stack F&B business:

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Wingreens’ timely bets to become F&B house of brands

Wingreens made 4 acquisitions since 2021, going from a dips and sauces brand to a full-stack F&B player. With its early acquisitions seeing massive success—Raw Pressery’s revenue is up 3.5X, for...

the-captable.com

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@AditiS90

Aditi Shrivastava

21 days

🚨 Big round in SaaS 🚨 Atlan, a data collaboration software startup, has raised $105 million led by GIC & Meritech Capital at a valuation of $750 million.

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SaaS startup Atlan’s valuation hits $750 mn after $105-mn round | The Arc

The round was led by GIC and Meritech Capital

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@AditiS90

Aditi Shrivastava

3 months

🚨🚨Where is VC money going? In retail. From having virtually zero interest 3 years ago, investors are rushing to back companies with offline retail-led models At least a dozen deals are underway in food, furniture, jewellery and other sectors 🧵 #d2c

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Away from tech, investors court retail-first ventures | The Arc

At least a dozen deals are underway in food, furniture, jewellery and other sectors.

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@AditiS90

Aditi Shrivastava

2 years

Work from home is done Startups have started to summon employees to office in phases ahead of the dreaded winter in India’s tech ecosystem. We spent a month interviewing employees and reaching out to 16 tech companies to gauge the mood and understand plans 🧵

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@AditiS90

Aditi Shrivastava

2 years

⚡️ @BluSmartIndia is an outlier in the shared mobility business, with its bet on 4-wheeler EVs as a form factor Today BluSmart operates a fleet of 2,200 cabs in Delhi, and is set to launch Bangalore this month. Its also in talks to raise $75 mn in equity financing

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@AditiS90

Aditi Shrivastava

1 year

🚨Cred plans to tap into a larger market new to credit users with CreditVidya, a startup it acquired in Nov: ET Over the past 2 years, Cred has doubled down on lending, its top play to deliver: - The highest margins - Make profitability a practical possibility

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@AditiS90

Aditi Shrivastava

2 years

🚨Newsbreak: WhatsApp is getting down to business After facing years of delays from the regulator & slow movement on the product side, Whatsapp is readying a massive war chest - $400 mn worth to enter payments in India @thecaptableco

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@AditiS90

Aditi Shrivastava

1 year

🚨PhysicsWallah has made its sixth acquisition -- Xylem, a hybrid-learning platform for medical & engineering entrance exams. Who is backing @PhysicswallahAP ? #xylem #physicswallah #deals #edtech

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@AditiS90

Aditi Shrivastava

3 months

🚨 🚨 Zomato owned-Blinkit has been expanding its D2C brand relationships, scaling up its dark stores & overhauling its supply chain since August. Zomato is not alone; Swiggy has introduced "Mall" for the same purpose, while Zepto is also making a similar pitch.

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Aditi Shrivastava

1 year

⌛️Three takeaways from the Zest interview: 1. Zest has $8 mn cash in the bank & plans to hit profitability in the second half of this year. 2. Zest will shut down insurance business & affiliate programmes. Shift focus towards lending & EMI for consumer goods.

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@AditiS90

Aditi Shrivastava

8 months

🚨 🏁 CRED's 2023 financial results are in The fintech unicorn has reported a 3.5x spike in operating revenue: Rs 1,400 crore. This was led by lending, payments and insurance. Losses remained flat. #cred

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Cred’s earnings jump 3.5X to $168 mn, losses remain flat | The Arc

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@AditiS90

Aditi Shrivastava

9 months

🚨🚨 The siblings behind India’s largest brokerage, a self-funded venture to date, are assembling a portfolio of ambitious personal investments. The Rs 100-crore bet on Nazara is Nithin and Nikhil Kamath’s first known private investment in public equity, or ‘PIPE’. They

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@AditiS90

Aditi Shrivastava

8 months

🚨 🚨 Big stake sale: Meesho’s early investor, Venture Highway, is looking to cash out at a valuation of $2.5-3 billion. WestBridge Capital is likely the buyer. Sources At Meesho’s existing worth of $5 billion, Venture Highway LLP's 5% stake is worth $268 million. At $3 billion,

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Aditi Shrivastava

2 years

💊Online healthcare platform 1mg is changing under Tata Digital The company has spent the last 12 months overhauling its supply chain and expanding the scope of its business 🧵

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@AditiS90

Aditi Shrivastava

2 years

Vogo finally announced its decision to sell to mobility startup Chalo, earlier this week. With the deal, Chalo now has a shot of creating a multimodal public transportation stack - bikes for last mile, and busses for longer distances 🧵

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@AditiS90

Aditi Shrivastava

27 days

🚨 Big Interview🚨 Niren Shah, MD of Norwest Venture Partners, that closed a $3 bn global fund last week One of the firm’s biggest successes is IPO-bound #Swiggy . Shah says that, despite all the IPO momentum in India, when looking objectively at the pipeline for the next 18

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@AditiS90

Aditi Shrivastava

1 year

🚨Info Edge supported both Zomato & Policybazaar ESOP grants to founders You want founders to stay on and run operations for at least seven to 10 more years, @sbikh told @thearc_hq

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@AditiS90

Aditi Shrivastava

1 year

🛒 Reliance's ecom division is valued at $36.5 bn: brokerage Bernstein 🧵 This has been derived based on the expected FY25 sales of $8.3 bn. Currently, the division brings in revenues of $5.7 bn.

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Reliance’s ecommerce unit valued at $36.5 bn: Bernstein | The Arc

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Aditi Shrivastava

2 years

🚨Zomato results & conference call updates: Q: What is the path to profitability for Zomato? Internally, we are aiming to get there by Q4, 2023, and no later than Q2 FY24 🧵

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Aditi Shrivastava

1 year

🚨Within a year Meesho has sliced its massive $45 mn cash burn by over 80%. Following lower spending, monthly GMV slid to $350 million, at par with April 2022 numbers. 🧵

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@AditiS90

Aditi Shrivastava

1 year

🔻Markdowns are shaking up India’s most celebrated tech companies 🧵 #Byju ’s 50% #PineLabs down 39% #Swiggy down 50% #Ola down 35% #PharmEasy down 32%

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@AditiS90

Aditi Shrivastava

2 months

🚨 🚨 Wealth tech startups, leveraging social media, and building user-friendly apps, are attracting investors' attention. Today, #Dezerv is close to raising $30 mn led by Premji Invest: ET reports. Lightspeed-backed Stable Money is set to raise $8-10 mn from RTP Global.

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Aditi Shrivastava

1 year

🚨 🪩 It’s finally here! 🚨 🪩 is officially live... 🎉 And ready to change the game (with a little luck) @thearc_hq gives you the definitive view of the most influential tech companies. Think Byju’s, Zomato, PhonePe. 👋🏽 Head over to our platform!

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@AditiS90

Aditi Shrivastava

2 months

🚨🚨 Third Wave Coffee is set to appoint Rajat Luthra, formerly head of KFC India and Nepal, as CEO of the company Founder and CEO Sushant Goel will undergo a nine-month handover period before transitioning into a board member role.

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Third Wave Coffee taps KFC India executive as CEO | The Arc

Rajat Luthra is scheduled to join on April 3

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Aditi Shrivastava

1 year

💰Elevation Capital (SAIF) has done the maximum amount of follow-on (Series a) investment in its portfolio companies over 3 years Data is for early stage only. Elevation is followed by Accel & Chiratae Source: Data from Venture Intelligence

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@AditiS90

Aditi Shrivastava

11 months

🚨 $700 million: Flipkart ESOP holders (former and current) will get a payout this month as part of the Flipkart-PhonePe separation, according to two internal emails.

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PhonePe split: Flipkart employees to get $700-mn payout this month | The Arc

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@AditiS90

Aditi Shrivastava

1 year

🚀 Meesho’s quarterly burn is down to $27 mn, & its cash on the balance sheet is at $386 mn as of March 2023 - sources 🧵

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@AditiS90

Aditi Shrivastava

2 years

Zomato had a tumultuous time on the stock market today, tumbling 6.5%, just two days after announcing the Blinkit deal. Investors and analysts seem to be asking the same question: can Blinkit deliver value and profits? Here is a snapshot 🧵

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@AditiS90

Aditi Shrivastava

2 years

Inside Jar’s latest round hustle is a reality check. Tiger Global isn't all in It took us a month of extensive reporting to understand what transpired at micro-savings & investment app Jar Here is how we got started 🧵

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@AditiS90

Aditi Shrivastava

1 year

🚨 Inside Lenskart's fundraise In a funding drought, raising capital at the existing valuation is akin to an up round That’s how @peyushbansal of @Lenskart_com also perhaps perceives it after securing $600 mn without any alteration to its price tag.

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@AditiS90

Aditi Shrivastava

2 years

Jan 18 - The CapTable reported that Bhavik Koladia, one of BharatPe's Co-founder, was convicted in the US for credit card fraud. Koladia leads product and technology at Bharatpe. [Free Read]

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BharatPe’s messy origins & Ashneer Grover’s growing troubles

There have been many warning signs at BharatPe, one of India’s hottest fintech startups. From a co-founder’s past conviction for mail fraud in the US to investor-turned-CEO Ashneer Grover’s brash...

the-captable.com

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@AditiS90

Aditi Shrivastava

9 months

🚨🚨 #Twitter / @X alternative #Koo , hurt by dwindling cash and users, is reviewing options to secure its future. One likely course is a strategic sale. In recent months, it has approached Twitter-backed social network #ShareChat , #Microsoft which owns #Linkedin , and other

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@AditiS90

Aditi Shrivastava

1 year

🏗️ Arc Exclusive🏗️ #WeWork India is likely more valuable than US parent The once-high-flying WeWork’s share price has collapsed 60% in the past 3 weeks following the sudden resignations of the CEO & CFO 🧵

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@AditiS90

Aditi Shrivastava

11 months

🚨Sugar Cosmetics has grown ~65% in FY23 with a topline of over Rs400 crore, sources tell @thearc_hq This year, the Mumbai-based startup is aiming for relatively lower growth ~50% as it chases profitability

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Sugar high: Inside beauty player’s growth and sub-brand Pop | The Arc

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@AditiS90

Aditi Shrivastava

28 days

🚨🚨Freshworks shares crash 25% after founder Girish Mathrubootham steps down from CEO role Market cap slips from $5.5 billion to $4.1 billion in after-hours trading

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Freshworks: Girish Mathrubootham hands CEO reins to Dennis Woodside | The Arc

Smartest takes on tech companies

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@AditiS90

Aditi Shrivastava

1 year

🚨Exclusive: Interview with Sanjeev Bikhchandani 🚨 @sbikh walks the talk. In this interview, he shares examples of the highest standard of governance he implemented at InfoEdge.

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