Friday, September 20, 2024
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unicorn

Is There Any Value Left At The End Of Tunnel For Byju’s? 

After major investors Blackrock and Prosus cut the valuation of the edtech firm to $1 billion and $3 billion, respectively, the latest rights issue pegs the pre-money valuation at a meagre $25 million, slumping more than 99% from its peak valuation of $22...

Prathik Desai 02 / 02 / 2024

Meesho Launches Valmo To Cut Logistics Costs

The Softbank-backed e-commerce firm has been able to slash its supply-chain overheads by 5% by bringing together India’s unorganised logistics players onto its tech-enabled platform

Prathik Desai 08 / 02 / 2024

Paytm App Will Continue To Work Beyond Feb 29 As Usual: CEO Vijay Shekhar Sharma

Paytm said that the RBI order also does not impact user deposits in their savings accounts, wallets, FASTags and NCMC accounts, and they can continue to use the existing balances.

02 / 02 / 2024

CoinDCX Lost Nearly 90% Of Trading Volume Due To 30% Tax On Gains, Reveal Co-founders Sumit Gupta and Neeraj Khandelwal

Though eager for regulations, co-founders Sumit Gupta and Neeraj Khandelwal insist that it should not be counterintuitive for the Web 3 and crypto industry .

Vinita Bhatia23 / 12 / 2023

Is Zomato's Profitable Quarter A Flash In The Pan?

With a projected 40% YoY revenue growth for the next few years, Zomato's profitability milestone in Q124 underscores its dominion in the food delivery market. But will it be able to maintain this momentum?

Vinita Bhatia 30 / 09 / 2023

upGrad's founders Ronnie Screwvala, Mayank Kumar and Phalgun Kompalli also invested $12.5 million to retain 50 per cent of their ownership in the edtech

The beauty and lifestyle platform said that this transaction is expected to be completed within 60 days

After leading SBI Cards IPO in March 2020, Negi will now guide BharatPe for its public listing within two years

The Mumbai-based start-up joined the unicorn club this year after raising $100 million in a funding round led by WestBridge Capital

The food delivery platform said that EY's initial share price valuation at Rs 70.76 was in absolute and complete compliance with all provisions of applicable...

The food delivery platform's consolidated revenue from operations rose 67.44 per cent year-on-year to touch Rs 1,413.90 crore in the April to June 2022 quarter

This is the third time the Bengaluru-based edtech unicorn laid off employees since May 2022

BharatPe's Chief Revenue Officer, Nishit Sharma, and Head of Institutional Debt Partnerships, Chandrima Dhar, also resigned from their positions in June

The edtech platform, which offers test-prep for government jobs, reportedly has over 12 million subscriber base