SoftBank-backed Netradyne, India’s first unicorn of 2025, eyes profitability by year-end

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SoftBank-backed Netradyne, a fleet safety and video telematics solutions provider, expects to be profitable by the end of 2025, or early next year.The artificial intelligence (AI) and machine learning-powered unicorn is registering 50% growth year-on-year, and planning to expand its global footprint in the coming two years, senior executive Durgadutt Nedungadi said on Tuesday.

The San Diego and Bengaluru-based startup, valued at $1.3 billion, has announced plans to expand its global footprint to 15 countries by the end of 2026, up from 10 nations…



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SoftBank-backed Netradyne, India’s first unicorn of 2025, eyes profitability by year-end


SoftBank-backed Netradyne, a fleet safety and video telematics solutions provider, expects to be profitable by the end of 2025, or early next year.The artificial intelligence (AI) and machine learning-powered unicorn is registering 50% growth year-on-year, and planning to expand its global footprint in the coming two years, senior executive Durgadutt Nedungadi said on Tuesday.

The San Diego and Bengaluru-based startup, valued at $1.3 billion, has announced plans to expand its global footprint to 15 countries by the end of 2026, up from 10 nations…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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