Sunday, June 04, 2023
Outlook India
Outlook Business


Paytm Growth Report: Has The Company Turned A Corner After Disastrous IPO Debut?

After posting a 76 per cent year-on-year growth in revenue from operations during September 2022, at Rs 1,914 crore, it appears that its founder and CEO, Vijay Shekhar Sharma, finally has profitability in his crosshairs

Vinita Bhatia 08 / 11 / 2022

Unacademy Fires 350 Employees In Third Round Of Lay Off In A Year

Earlier, Munjal promised his employees that the company would not lay off any more employees through an internal note to his employees in July

14 / 11 / 2022

Byju's Takes An U-Turn, To Continue With Thiruvananthapuram Office

As part of its rationalisation process, the edtech was considering shutting down its operations in Thiruvananthapuram, Kerala

03 / 11 / 2022

Raising $120 Million, Udaan Likely to Delay Its IPO

With this round, Udaan claimed that the total funds raised through convertible notes and debt in the last four quarters have crossed $350 million .

28 / 10 / 2022

Zomato-backed Shiprocket is the latest entrant to India's unicorn club

The logistics start-up raised Rs 260 crore from existing investors Temasek Holdings and Lightrock India

18 / 08 / 2022

In 2020, Scopely acquired Disney's FoxNext Games, and in 2021, the company acquired Sony Pictures Entertainment's GSN Games for $1 billion

The company bagged $1.6 million in equity and $2.0 million in callable mezzanine debt for co-investing into real assets

The start-ups that are in the pipeline to become unicorns include WinZO, Doubtnut, Infinity Learn, Locus, Pratilipi, Portea, SirionLabs and others

Ritesh recently got married to Geetansha Sood in Delhi

Son also attended Oyo Founder Ritesh Agarwal's wedding festivities in the capital

Despite a public ban, the apps are still operational, raising concerns about passenger safety and prompting officials to warn of potential penalties

The shares were offloaded at an average price of Rs 335.06 per scrip, taking the aggregate deal value to Rs 414.23 crore

The Rest Points offer essential facilities such as clean drinking water, phone-charging stations, washrooms, high-speed internet, a 24/7 helpdesk and first-aid...

The company is targeting a mix of business and leisure destinations such as Bali, Java, Kalimantan, Sulawesi, and Sumatra

Along with the cash prize, Aarambh 2023 will empower women entrepreneurs with the opportunity to network with seasoned entrepreneurs, investors and partners,...