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

E-commerce firm CapGrid’s scale spikes 7.7X in FY23, losses cross Rs 1 Cr CapGrid, a B2B e-commerce startup, experienced robust revenue growth, surging 7.7X to Rs 44.3 crore in FY23. However, losses also spiked to Rs 8.4 crore, a 6.9X increase from FY22. The Gurgaon-based company, founded by Dheeraj Tiwari and Himanshu Singh Raghuvanshi, operates an AI-enabled sourcing platform serving various industries globally. Despite rising expenses, including a significant increase in material costs, CapGrid raised Rs 57.1 crore in its latest funding round, led by Nexus Venture Partners, bringing its total fundraising to Rs 61.2 crore since inception. #TheKredible #Data #Insight #Startup #News #ECommerce #CapGrid https://thekredible.com/blogs/e-commerce-firm-capgrids-scale-spikes-7-7x-in-fy23-losses-cross-rs-1-cr

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