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...
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
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.
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 .
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?
