Topic: profitability status
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Tide: India's Small Businesses Fuel UK Fintech's Unicorn Rise with TPG
Tide has achieved unicorn status with a $1.5 billion valuation after raising $120 million in a funding round led by TPG's Rise Fund. The company has rapidly expanded in India, now its largest market, serving over 800,000 small businesses with tailored financial and administrative tools. The new c...
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Framer No-Code Builder Hits $2 Billion Valuation Milestone
Framer has reached a $2 billion valuation after raising $100 million in a Series D funding round led by existing investors, highlighting its rapid growth in the no-code website building market. The platform, which has over half a million monthly active users, focuses on enabling teams to create d...
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OpenAI Hits $10B Annual Revenue Milestone
OpenAI's annual recurring revenue surpassed $10 billion, doubling from $5.5 billion last year, driven by strong demand for ChatGPT and API services. The company aims to scale revenue to $125 billion by 2029, reflecting rapid growth since ChatGPT's launch two years ago. Despite its success, OpenAI...
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