Friday, September 20, 2024
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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

The company targets to raise $300 million from a possible IPO at a valuation of $3 billion in 2023

Jhawar joined Zomato in April 2021, after leaving the position of head of strategic initiatives at Hotstar

The company said that its express parcel volumes remained stable during the second quarter driven by festive season sales, especially in the Heavy Goods...

Swiggy has partnered with leading restaurants and hired delivery executives for its maiden operations in Port Blair

BYJU'S founder and CEO Byju Raveendran said that the company is now at that sweet spot of its growth story where the unit economics and the economies of scale...

The loan distribution business of fintech giant Paytm surged to new high as the annual run rate of the company touched Rs 34,000 crore in September

Start-ups in India and elsewhere have already been hit hard by the pandemic and are now going to be impacted further by rising interest rates across the world

Saverin said much of the growth in the country will come from enterprise tech companies

Shreerang Godbole has been elevated as the company’s chief service officer and Shirish Damani as its chief revenue officer

It announced this move following several complaints of app-based aggregators overcharging for rides