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 acquisition of Kinzen will help Spotify better understand the abuse landscape and identify emerging threats on the platform

All employees of the used car platform would be eligible to receive stocks through the ‘Spinny Stock Option Plan for All'  

Some start-ups selected include Aspire for Her, Brown Living, CoLLearn Education, Commudle, Dubverse, Elda Health and Fitbots

The company’s existing investors like Prosus Ventures and Temasek as well as its founders have subscribed to the issue for shares worth about Rs 200 crore

Exuding confidence about edtech being the biggest growth story for the next five years, Krishna still claims to be No. 2 in the K-12 segment and rubbishes...

The Sport Authority of Gujarat has mapped over 150 hotels across six host cities for the accommodation of players and officials

While it cleared payments that were due to the founder of Aakash in July, the payment of Blackstone was deferred based on a mutual agreement

Zetwerk’s revenue from consumer manufacturing account for 30 per cent of its overall revenue while international operations contribute 16 per cent

The development comes a week later after Ola onboarded new members across key positions for its electric vehicle business, Ola Electric, to unify operations

Tata 1mg's revenue from operations in FY21 stood at Rs 134.04 crore and its net loss was Rs 281.41 crore. Its other income for the financial year ended March...