Upasana Taku, Co-founder of MobiKwik, takes to social media to celebrate the company's first profitable year. She expresses gratitude for the 150 million users and reaffirms the company’s commitment to innovation and financial inclusion
Read More
The increase in profitability is mostly due to strong success in the esports sector, despite a decline in gaming revenues and persistent losses in the ad-tech business
Read More
Company's EBITDA loss stood at Rs 205 crore, with an adjusted gross margin of Rs 377 crore
Read More
The company’s total costs decreased by about 13 per cent to ~Rs 4,500 crores in FY24 from ~Rs 5,207 crores in the previous year. The annual report attributes this reduction to a leaner cost structure
Read More
During Q1 FY25, BlackSoil's portfolio companies collectively raised Rs 541 crore ($67 million), with 70 per cent of the portfolio maintaining EBITDA positive status
Read More
Urban Company achieved profit before tax (PBT) profitability in Q1 FY25, with a consolidated PBT margin of 4.3 per cent of net revenue. The India business reported a healthy PBT margin of 12.0 per cent
Read More
Initially implemented in Bengaluru and Delhi, this fee is separate from delivery charges, GST, restaurant fees, and other associated expenses, as per media reports
Read More
Marquee investors continue to show their support towards Olyv’s vision and execution capabilities, having injected around USD 25 million in equity and around 80 million in debt till date
Read More
In the world of business, return on investment (ROI) reigns supreme. Before any product sees the light of day, it must be expected to generate returns that at least match what the company could achieve through alternative investments
Read More
