Shesh Rao Paplikar

Oravel Stays Limited, the parent company of OYO, has rebranded to PRISM to reflect its growth into a global travel-tech, hospitality, and living ecosystem. The new name highlights its wider portfolio, which now includes premium stays, long-term residences, and tech solutions, along with its core budget travel services. #MarketingMind #OYO #IPOAlert #Prism

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🚨 ELIVAAS raises Rs 87 Cr in Series B round led by Vertex Ventures Southeast Asia & India. Luxury vacation rental platform ELIVAAS has raised ₹87 crore in a Series B round led by Vertex Ventures SE Asia & India, with participation from Peak XV Partners’ Surge and 3one4 Capital. Founded in 2023 by Ritwik Khare and Karan Miglani, ELIVAAS will use the funds to deepen its footprint in India, explore select international markets, and strengthen its tech for seamless, high-end travel experiences. Operating across 30 destinations, the brand saw a 5x revenue growth in FY25 and aims to be a trusted name in luxury travel worldwide. Read more: https://lnkd.in/gecZPs2J By Trisha Medhi #StartupNews #LuxuryTravel #Funding #IndiaStartups #ELIVAAS

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🚨 WeWork India targets $1 bn IPO valuation, turns profitable 🏢 1️⃣ WeWork India, a premium flexible workspace operator, is set to debut on Indian public markets with a Rs 3,000 crore ($338 million) IPO in October 2025, one of the year’s largest pure play offer for sale (OFS) listings. 2️⃣ Embassy Buildcon LLP, the dominant shareholder, will offload shares worth $243 million, while WeWork Global via 1 Ariel Way Tenant Ltd will sell worth $95 million at the top band. 3️⃣ After the IPO, Embassy Group’s stake will drop from 76% to just under 57%, while WeWork Global’s will reduce from 23% to about 8%. 4️⃣ At an indicated IPO price band of Rs 615–648 per share, the company will be valued at approximately Rs 8,685 crore ($979 million). This marks a stark contrast to the global WeWork business, which, amid post-bankruptcy restructuring, US asset sales operates at a valuation below $300 million for its remaining operations. 

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Flyhomes , led by co-founder and CEO Tushar Garg, has secured $15 million to grow its Buy Before You Sell wholesale lending model in partnership with agents and loan officers. #realestate #startups #flyhomes #fundingnews #mortgagetech #realestateinnovation #buybeforeyousell #PropTechBuzz #PTB #PropTech #Innovation Read More - https://lnkd.in/dkxxu4XD —---------------------- If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem. Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to [email protected].

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🚀 Gurugram-based home services startup Pronto has raised $11 Mn (Series A), co-led by General Catalyst & Glade Brook Capital, with participation from existing investor Bain Capital Ventures. 💰 This comes just months after a $2 Mn seed extension from Bain Capital Ventures. 📍 What’s next for Pronto? ✅ Expansion to Mumbai & Bengaluru in 12–18 months ✅ Onboarding & training 10,000+ service professionals ✅ Scaling its 10-minute on-demand home services platform 🏠 Pronto offers instant, scheduled & recurring house help — sweeping 🧹, utensil washing 🍽, laundry 👕, kitchen cleaning 🍳 & more. 💬 Anjali Sardana, Founder: “We’re building a new era of trusted, rapid home services for India’s urban households.” #StartupNews #Funding #SeriesA #Pronto #househelp #seriesA #funding #IndiaEconomy #viralpost #scoopearth #scoopearth.in

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Home Services Startup Pronto Raises $11M to Scale Across Indian Cities.! Pronto, a home services startup launched in April 2025, has raised $11 million (₹96 crore) in a funding round co-led by General Catalyst and Glade Brook Capital. Bain Capital Ventures also participated. The company is now valued at $45 million (₹394 crore). Founded by Anjali Sardana, Pronto helps households in Gurugram book reliable professionals for cleaning, laundry, dishwashing, and basic meal prep. The platform runs on a shift-based model that allows for 10-minute fulfillment. This system also ensures workers get steady shifts and higher wages. With the new funding, Pronto plans to train and onboard 10,000 professionals, invest in quality control, and build out real-time tech to manage operations more efficiently. Over the next 12 to 18 months, the startup will expand to Mumbai, Bengaluru, and other metro areas. It’s planning to set up local micro-hubs in residential clusters to speed up service times. Pronto charges per task, with an average order size of ₹200–₹300. It’s positioning itself as a serious competitor to market leader Urban Company and growing rival Snabbit. #Pronto #HomeServicesStartup #StartupFunding #IndianStartups #GurugramStartup #OnDemandServices #UrbanCompany #StartupIndia #SeriesAFunding #TechForGood #StartupFundingNews #FoundersJourney #HomeServicesTech #VCFunding #IndianStartupEcosystem #TechEnabledServices #WomenFounders #StartupGrowth #FundedStartups #OperationsTech

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Elevation Capital launches $400 million late-stage fund to back IPO-bound startups 📌 Venture capital firm Elevation Capital, known for early bets on Paytm, Swiggy, Meesho, and Urban Company, is entering new territory. The firm has launched a $400 million fund focused on late-stage tech companies preparing for IPOs. ● The vehicle, called Elevation Holding, will cut cheques between $20 million and $50 million across 10–15 companies, Elevation Capital co-managing partner Mukul Arora told ET. ● This new fund will primarily back companies in the consumer and financial services segments with a technology focus, Arora added. ● The fund will run in parallel with its Fund VIII, a $670 million early-stage vehicle that invests $2–5 million in startups. Story By: Pranav Mukul & Samidha Sharma

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Urban Company’s IPO Witnesses Overwhelming Response — Subscribed 103.6x! The at-home services leader closed its ₹1,900 Cr IPO with massive demand across investor categories, underscoring strong market confidence in its growth story. Key Highlights: - Overall Subscription: 103.6x - QIBs: 140.2x (814.4 Cr bids for 5.8 Cr shares) - Non-Institutional Investors: 74x - Retail Investors: 39.2x - Employees: 36.7x At the upper end of ₹103/share, the issue values Urban Company at around ₹15,000 Cr ($1.7 Bn). Backed by investors like Accel, Elevation Capital, Tiger Global, Vy Capital, and BVP, Urban Company’s journey from simplifying at-home services to achieving IPO success is a testament to India’s thriving startup ecosystem. What does this say about the appetite for tech-enabled service platforms in India’s public markets? #UrbanCompany #IPO #IndianStartups #StockMarketIndia #InvestorConfidence #GrowthStory

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