2.18 Teardowns | Airlift & Ola
The quick commerce company in Pakistan & South Africa and the largest ride-hailing company in India
Hi Everyone 👋,
Welcome to Teardowns. We’re excited to have you join us for this experiment as we dive into the fastest-growing companies across different industries and geographies.
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Airlift – Quick-commerce company in Pakistan
Founded: 2019. Funds Raised: $100m+. Revenue: $50m+.
Ola – India’s largest ride-hailing company
Founded: 2010. Valuation: $7.3B. Customers: 10m+
Teardowns from earlier this week
Tastemade – A global media company producing content focused on the travel and food spaces.
Founded: 2012. Funds Raised: $115M+. MAUs: 300M+.
Unacademy – One of the world’s largest edtech platforms with an emphasis on exam and university prep.
Founded: 2011. Funds Raised: $830M+. Valuation: $3.4B+.
Oyo – Providing a suite of tech tools that connect guests with homes and hotels globally.
Founded: 2013. Valuation: $9.6B. Funds Raised: $3.7B.
Mensa Brands – An acquirer of digital merchants that achieved a $1B+ valuation within 6 months of founding.
Founded: 2021. Valuation: $1.25B. Funds Raised: $200m+.
UpGrad – Providing industry-relevant higher ed programs in India. Scaled to a $210m+ revenue run rate.
Founded: 2015. Valuation: $1.2B. Revenue: $210m+.
Mythical Games – A studio building games that leverage blockchain technology and NFTs.
Founded: 2018. Valuation: $1.25B. Funds Raised: $260m.
Fast – Streamlining the online checkout experience by enabling merchants to add 1-click checkouts
Founded: 2019. Funds Raised: $124M+.
Ofbusiness – B2B marketplace in India assisting SMEs with procurement and financing
Founded: 2015. Valuation: $5B.
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