SaaS based firm Increff recorded two fold rise in revenue in FY23 SaaS-based firm Increff recorded a two-fold rise to Rs 88.7 crore in the fiscal year ending March 2023. The same year its revenue from operations spiked 91% to Rs 85 crore as compared to the preceding fiscal’s Rs 44 crore. Visit - https://thekredible.com/blogs/saas-based-firm-increff-recorded-two-fold-rise-in-revenue-in-fy23 #Saas #Increff #revenue #Thekredible #Startup #Startupnews

Proptech platform Propsoch registers Rs 8 lakhs in scale in FY23 Proptech platform Propsoch registered a revenue of Rs 8.64 lakhs in its first fiscal of revenue generation in FY23. The company raised Rs 76.2 lakhs in its maiden funding round. It is currently valued at Rs 15.75 crore. Visit - https://thekredible.com/blogs/proptech-platform-propsoch-registers-rs-8-lakhs-in-scale-in-fy23 #Propsoch #revenue #Proptech #Startupnews #TheKredible

Insurance Samadhan’s revenue grows two-fold in FY23, expenses spike 2.7X In FY23, Fintech platform Insurance Samadhan witnessed a two-fold revenue growth, reaching Rs 3.5 crore from Rs 1.78 crore in FY22. The Noida-based company, founded by Deepak Bhuvneshwari Uniyal, Shailesh Kumar, and Sanjay H Aggarwal, focuses on insurance grievance redressal. Despite a substantial increase in expenses to Rs 9.4 crore, the company secured a valuation of Rs 95.93 crore after raising over Rs 34 crore in funds. Post-Series A, founder Deepak Bhuvneshwari Uniyal became the largest shareholder. The company faces competition from Kenko Health, Vitraya Technologies, and ClaimBuddy. #TheKredible #InsuranceSamadhan #News #Insight #Data #Startup #StartupNews https://thekredible.com/blogs/insurance-samadhans-revenue-grows-two-fold-in-fy23-expenses-spike-2-7x

Edtech Doubtnut posts revenue of Rs 21.7 Cr, expenses drop to Rs 76 Cr Gurgaon-based edtech startup Doubtnut reported FY23 revenue of Rs 21.7 crore, marking growth from the previous year. Despite increased revenue, expenses and losses significantly dropped. Valued at Rs 1162 crore, it raised Rs 19.3 crores from operations. Co-founders own substantial shares, and Tencent controls 12%. The company was recently acquired by edtech veteran Allen, competing with others like Classplus and Leverage Edu. #Doubtnut #thekredible #Edtech #Insight #Data #Startup #News #StartupNews https://thekredible.com/blogs/edtech-doubtnut-posts-revenue-of-rs-21-7-cr-expenses-drop-to-rs-76-cr

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TheKredible - Discover the market intelligently The Kredible is a data platform that crunches critical numbers of Indian startups across domains such as e-commerce, fintech, healthcare, edtech among others. Our goal is to provide company insights and data for anyone to filter noise and evaluate startups solely through numbers. #thekredible #data #insight #startup #news https://thekredible.com/