Kunal Manchanda - Profile and Journalist Details
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Kunal Manchanda
Verified
Lead Data Analyst, Entrackr
Beats
tech entrepreneurship, Austria and venture capital in Germany, Switzerland deals,Startups
Content
By Kunal Manchanda, Harsh Upadhyay| Entrackr@ Quick commerce startup Zepto reported a two-fold spike in revenue during the fiscal year ending March 2024. Meanwhile, the company managed to reduce its losses marginally by 2% during the same period. Zepto’s revenue from operations surged 2.2X to Rs 4,454 crore in FY24 from Rs 2,026 crore in FY23, its consolidated financial statements sourced from the Registrar of Companies (RoC) show.
By Kunal Manchanda, Harsh Upadhyay| Entrackr@ Digital payments platform PhonePe secured nearly $1 billion in funding from General Atlantic, Walmart, Tiger Global, and other investors in 2023. This significant investment, coupled with effective cost management, helped PhonePe surpass Rs 5,000 crore in revenue while reducing its losses during FY24. PhonePe’s revenue from operations surged by 73.8%, reaching Rs 5,064 crore in the fiscal year ending March 2024, according to the company’s consolidated annual report published on its website.
By Kunal Manchanda, Harsh Upadhyay| Entrackr@ Quick commerce startup Zepto reported a two-fold spike in revenue during the fiscal year ending March 2024. Meanwhile, the company managed to reduce its losses marginally by 2% during the same period. Zepto’s revenue from operations surged 2.2X to Rs 4,454 crore in FY24 from Rs 2,026 crore in FY23, its consolidated financial statements sourced from the Registrar of Companies (RoC) show.
Company Info
Entrackr
Entrackr is a digital media platform based in Gurgaon, founded in 2017 under Bareback Media Pvt. Ltd. The company specializes in providing news, analysis, and insights focused on technology startups, entrepreneurship, and the business ecosystem in India. Entrackr has successfully raised $1 million in funding, including a recent $500,000 round. The platform offers comprehensive news coverage on startup funding, IPOs, and sector developments. It publishes analytical reports that highlight funding trends and manages a multi-brand network that includes HerStory, Social Story, and Enterprise Story. Entrackr also organizes industry events and provides newsletters to engage the startup community. With a team of 15, the company serves entrepreneurs, investors, and technology enthusiasts, frequently covering major Indian startups like Ola Electric and Blinkit.
India, India
+91 95993 83588
Founded: 2017