article thumbnail

Startup CFOs focus on profitability amid funding winter, valuations to get more realistic

CFO News

The finance veterans highlighted that the funding winter for Indian startups will last at least for six to nine months more, and the investment crisis has normalised the valuation of startups.

Valuation 105
article thumbnail

Africa: Remittance Startup Targets Fees

Global Finance

Benjamin Fernandes’ goal for the fintech startup he launched in 2018, NALA, was to speed up money transfers within his native Tanzania. In July, despite a depressed fintech market, NALA’s 100-person startup raised $40 million (with a valuation of more than $200 million).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Startups face significant valuation markdown amidst funding winter

CFO News

Oyo and PineLabs lose more than 50% valuation, followed by Byju's, which has lost about 48% in total. Many other startups continue to be markdown, here's a list.

article thumbnail

Angel Tax drains funds, distorts market valuations, say VCs

CFO News

How is the Angel Tax affecting India's startup ecosystem? Further, how does it impact investment decisions, market valuations, ease of doing business, and foreign investment?

article thumbnail

Key Factors Influencing Business Valuation

CFO Share

For the passionate startup founders and dedicated SMB CEOs, knowing the true value of your business isn’t just about numbers; it’s about the heart and soul you’ve poured into your venture. As we journey through this article, we’ll illuminate the core factors that breathe life into the valuation of your business.

article thumbnail

Coffee startup Blue Tokai in talks for new raise at over $180 mln valuation

CFO News

While the size of the fundraising remains undisclosed, the new round will more than double the valuation of the company. Last year in January, Blue Tokai raised USD 30 million in a Series B round at a reported valuation of around Rs 650 crore.

article thumbnail

Startups looking to reverse-flip must pay tax: Piyush Goyal

CFO News

Indian-origin startups considering relocating to India face tax implications, aiming for better valuations. Angel tax and valuation norms are being regulated for startup balance. Minister Goyal emphasized using tax revenue for social development. Walmart paid significant taxes during PhonePe's separation.