Sunday, May 19, 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

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,...

In the first half of the fiscal year, OYO posted an adjusted EBITDA of $8.3 million

Prior to this, Innovaccer laid off nearly 8 per cent of its workforce (around 90 employees) in September 2022

Vinay Sati, the founder of Sati Pharma Agency, unveiled a delivery scam in Zomato and wrote it on LinkedIn

EaseMyTrip has bagged $31.5 million since its inception

The company reportedly communicated to restaurant partners that it would look to close down the service