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The audio series user base in India is projected to reach 540 million by 2027. The growth is driven by the democratization of creator visibility and selection process, compelling storytelling, immersive user experience, and high user engagement. Monetization opportunities through advertising and subscriptions are significant, contributing to higher revenue.
Food-delivery platforms saw a surge in orders on New Year's Eve 2023, with 6.5 million orders placed, an 18% rise from the previous year. According to market research firm Redseer, the gross merchandise value (GMV) was significantly higher, reaching 2.5-3x the daily average at night.
Unicommerce eSolutions Limited (“The Company”), which is India’s largest e-commerce enablement Software-as-a-Service (“SaaS”) platform in the transaction processing layer, in terms of revenue for the financial year ended March 31, 2022 (Source: Reds
The Firstcry IPO comprises of issuance of fresh equity shares worth ₹1,816 crore as well as an offer for sale by existing shareholders and promoters. It has not announced the opening and closing dates for the IPO subscription yet in its DRHP or its price band.
Honasa Consumer, co-founded in 2016 by the husband-wife duo of Varun and Ghazal Alagh, attained the unicorn status when it raised $52 million at a valuation of $1.2 billion in a fundraising round in January 2022 led by top VC firm Sequoia Capital