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Grammarly Raises a Billion in Financing Tied to Revenue Growth

"Known as much for its flagship write-assist offering as for ubiquitous advertising, the Grammarly Editor platform raised USD 1bn from General Catalyst‘s Customer Value Fund. The funds will operate like a loan or credit line with capped returns tied to revenue, rather than an equity stake.
The financing, announced on X on May 29, 2025, by the company’s current CEO, Shishir Mehrotra, is structured in a way that allows General Catalyst to increase their investment in Grammarly without diluting ownership by issuing new shares to other investors — according to Reuters.

Read the full study breakdown: https://slator.com/grammarly-r....aises-a-billion-in-f

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Snowman Logistics reported a 9.8% rise in annual revenue for the financial year ending 31 March 2025, with revenue reaching ₹552.53 crores compared to ₹503.37 crores in FY24.

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Snowman Logistics reports 9.8% annual revenue growth
www.itln.in

Snowman Logistics reports 9.8% annual revenue growth

Revenue reached ₹552.53 crores in FY25 compared to ₹503.37 crores in FY24

Maersk reported an eight percent revenue growth to $13.3 billion with EBIT increasing to $1.3 billion for the first quarter of 2025 from $177 million in 2024.

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Maersk maintains 2025 outlook, Q1 EBIT zooms to $1.3bn
www.itln.in

Maersk maintains 2025 outlook, Q1 EBIT zooms to $1.3bn

Ocean saw improved profitability to an EBIT of $743 million due to higher rates and stable volumes.