Sidharth Gupta

🚨 ELIVAAS raises Rs 87 Cr in Series B round led by Vertex Ventures Southeast Asia & India. Luxury vacation rental platform ELIVAAS has raised ₹87 crore in a Series B round led by Vertex Ventures SE Asia & India, with participation from Peak XV Partners’ Surge and 3one4 Capital. Founded in 2023 by Ritwik Khare and Karan Miglani, ELIVAAS will use the funds to deepen its footprint in India, explore select international markets, and strengthen its tech for seamless, high-end travel experiences. Operating across 30 destinations, the brand saw a 5x revenue growth in FY25 and aims to be a trusted name in luxury travel worldwide. Read more: https://lnkd.in/gecZPs2J By Trisha Medhi #StartupNews #LuxuryTravel #Funding #IndiaStartups #ELIVAAS

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Eternal Capital (India), an early-stage VC fund started by former bharatpe COO Dhruv Dhanraj Bahl, has rebranded itself as Sadev Ventures. The firm said the new name aligns with its family office identity and values. With this change, Sadev Ventures will continue its India-first focus while also helping portfolio companies expand globally through support from international LPs and strategic partners. Read full article link in the commment 👇 #sadevventures #eternalcapital #vc #rebrand #startupnews

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IPO-bound hospitality major OYO has unveiled its new corporate identity PRISM Life as the parent brand, while the OYO brand will continue as the consumer-facing identity. The move comes as the company prepares for its upcoming IPO. In FY25, OYO reported a net profit of ₹244.8 Cr, marking its second consecutive profitable year, up 7% from ₹229.6 Cr in FY24. However, the profit was largely aided by a deferred tax gain of ₹765.6 Cr. Without this, the company posted a loss before tax of ₹489.3 Cr. OYO’s operating revenue grew 16% YoY to ₹6,252.8 Cr, led by accommodation services, booking commissions, and royalty income. Founder Ritesh Agarwal said the PRISM transition represents a “future-ready corporate architecture” as OYO expands into new categories, including premium offerings under the new CheckIn Hotels brand. #oyo #rebranding #prismLife #Profitable #IPO #startupUpdates #startupro

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Coliving startup Truliv secures strategic investment from The Times Group at ₹356.5 Cr valuation Founded by Ranjeeth Rathod and Rohit Reddy, Chennai-based Truliv has entered a strategic equity partnership with Bennett, Coleman & Co. Ltd. (BCCL) — commonly known as The Times Group. With this milestone, Truliv plans to: ✅ Expand into new cities like Bengaluru, Pune, and Hyderabad ✅ Strengthen its tech-enabled coliving and hospitality platform ✅ Venture into new segments including holiday homes & retirement living From doubling revenues to turning profitable in FY25, Truliv is redefining how young India lives. Backed by one of India’s largest media conglomerates, the startup is aiming for ₹200 Cr in annual revenue in the next 3 years. The Indian coliving market is poised for 5X growth by 2030 — and Truliv is now better equipped to lead that charge. Read more at: https://lnkd.in/gH2hFg3B #coliving #startupnews #truliv #timesgroup #realestate #startupfunding #urbanliving #hospitality #growthstrategy #bharatventures #indianstartups #entrepreneurship #startupstory

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🔔India’s IPO bells are buzzing with 150+ startups gearing up for listing in 2025 with a $30Bn+ pipeline. Yet, private capital inflows are slowing, with tech funding dropping double digits. So, what should founders really prioritise—IPO visibility or liquidity on their balance sheets? 🎙️ In the latest episode of Candid with CredAble, our AVP – Marketing, Mr. Uttkarsh Khosla sits down with Mr. Kushal Vora, Director & Head of Emerging Corporates at CredAble, to decode this paradox. From IPO optimism to funding discipline, and from equity dilution to non-dilutive credit, they unpack what capital strategies founders must adopt in 2025. Watch the full discussion: https://lnkd.in/dFSb4k6r #IPO #Funding #StartupCapital #CredAble #WorkingCapital

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🚀 Gurugram-based home services startup Pronto has raised $11 Mn (Series A), co-led by General Catalyst & Glade Brook Capital, with participation from existing investor Bain Capital Ventures. 💰 This comes just months after a $2 Mn seed extension from Bain Capital Ventures. 📍 What’s next for Pronto? ✅ Expansion to Mumbai & Bengaluru in 12–18 months ✅ Onboarding & training 10,000+ service professionals ✅ Scaling its 10-minute on-demand home services platform 🏠 Pronto offers instant, scheduled & recurring house help — sweeping 🧹, utensil washing 🍽, laundry 👕, kitchen cleaning 🍳 & more. 💬 Anjali Sardana, Founder: “We’re building a new era of trusted, rapid home services for India’s urban households.” #StartupNews #Funding #SeriesA #Pronto #househelp #seriesA #funding #IndiaEconomy #viralpost #scoopearth #scoopearth.in

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Seed-stage venture firm Titan Capital has introduced the Indicorns 2025 List—a compilation of 202 startups that have crossed Rs 100 crore in annual revenue and achieved profitability. The announcement was made at India Internet Day. Titan Capital was founded by Snapdeal co-founders, Kunal Bahl and Rohit Bansal. As a collective, these 202 startups generated Rs 1.51 lakh crore in revenue and Rs 7,393 crore in profits in FY24. The top sectors represented include fintech (50 companies), e-commerce (16), and logistics (13). Cities leading the charge are Delhi NCR (51 Indicorns), followed by Bengaluru (42) and Mumbai (35). "These companies are proving that building enduring businesses in India is not just possible, but already happening at scale. We hope this list inspires a new generation of founders to chase not just scale, but strength," Bahl said. Read the full story here:👇 https://lnkd.in/d4_yb_z2 #bengaluru #indicorns #unicorns #startups #profit #business #indianstartupnews

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Flipspaces Raises $50 Mn In Series C To Drive Expansion & Enhance Tech Stack The capital will be deployed to scale the business in India, the US and the UAE, deepen supply chain integration and enhance the company’s proprietary technology stack Read the full story on: https://lnkd.in/gHpqjbJu  #funding #Flipspaces #startupIndia Annurag Batra | Noor Fathima Warsia | Chetan Mehra | Resham Suhail | Navneet Singh

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Pine Labs gets Securities and Exchange Board of India (SEBI) approval to move ahead with IPO plans, targets 2025 listing.! Pine Labs, the Noida-based fintech firm led by Amrish Rau, has cleared a key regulatory step toward going public. The company has received approval from SEBI for its Initial Public Offering (IPO), after filing its Draft Red Herring Prospectus (DRHP) in late June. SEBI issued its observations on September 11, paving the way for the company to move forward. The IPO will include a mix of fresh issue and offer-for-sale (OFS), with several long-time institutional investors planning to sell part of their stakes. These include names like Peak XV Partners (formerly Sequoia India), Actis, PayPal, Mastercard, Invesco Ltd., Madison India Capital, Lightspeed, and Lone Pine Capital LLC. Co-founder Lokvir Kapoor will also be offloading a portion of his shares. Pine Labs has also made room for a possible pre-IPO placement of up to ₹520 crore. If that goes ahead, it will reduce the size of the fresh issue. On the financial side, the company has shown a strong turnaround. In FY25, Pine Labs posted a net profit of ₹44.97 crore, compared to a loss of ₹182.31 crore the previous year. Revenue grew by 25.5% year-on-year to ₹1,735.1 crore, while expenses were largely under control, rising just 3.3% to ₹1,676.8 crore. While the company hasn’t announced the exact IPO date yet, CEO Amrish Rau has said that they are targeting a listing in the second half of 2025. This move comes as India's fintech sector continues to mature, with more firms showing profitability and moving toward public markets. For Pine Labs, going public marks a significant milestone in its 25-year journey from a retail payments startup to one of India’s most recognized fintech platforms. #PineLabs #IPO2025 #SEBIApproval #IndianStartups #FintechIndia #PublicListing #DRHP #StartupNews #StartupFunding #TechIPO #AmrishRau #IndiaTech #Profitability #InvestorExit #FinanceNews #EmergingMarkets

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