News

Airbound, a logistics startup, raises $1.7M in seed round led by Lightspeed, to develop cost-effective drone delivery services using its proprietary TRT drone.

November 14th, 2024

FirstCry narrows net loss by 47.4% to INR 62.85 Cr in Q2 FY25; revenue from operations jumps 26.7% to INR 1,935.85 Cr

November 14th, 2024

Delhivery Reports INR 10 Cr Profit in Q2 FY25; Revenue from Services Jumps 13% YoY

November 14th, 2024

Delhivery reports INR 10 Cr profit in Q2, with 13% YoY jump in revenue from services. Consolidated net profit declines 81.5% QoQ. EBITDA stands at INR 57 Cr, marking a reversal from Q2 FY24's EBITDA loss.

November 14th, 2024

Uber India introduces SOS integration, instant cash out and upfront tipping for its million-plus drivers to prioritise their safety, while promoting registrations on the e-Shram portal.

November 14th, 2024

Kuku FM, a Vertex Ventures-backed startup, has fired around 300 employees as part of a restructuring exercise, impacting its on-roll and off-roll employees. The content team was the most affected, but the company more than doubled its revenue to INR 88 Cr in FY24.

November 14th, 2024

The article provides an overview of NTPC Green Energy's upcoming IPO, aiming to raise ₹10,000 crore for renewable energy growth. It compares the company's performance to competitors like Adani Green and ReNew Energy.

November 14th, 2024

Reliance Industries and The Walt Disney Company complete merger, forming a joint venture valued at $8.5 billion. RIL invests $1.4 billion in the venture for growth.

November 14th, 2024

Nasdaq-listed Zoomcar faces uncertainty after stating 'substantial doubt' over its ability to continue as a going concern, citing mounting losses and cash outflows, with management warning it may not have sufficient funds to meet obligations within a year.

November 14th, 2024

Kuku FM, a Vertex Ventures-backed startup, has fired around 100 employees as part of a restructuring exercise impacting 300 employees. The content team was the most affected, with the company's revenue more than doubling to INR 88 Cr in FY24 despite a narrowed loss.

November 14th, 2024

Explore insights on Trent Ltd's same store sales growth, amidst a challenging retail sector, including headwinds from inflation and delayed rate cuts, and the company's efforts to expand and grow revenue.

November 14th, 2024

Uber bolsters 'safety' for its drivers with new initiatives, including advanced technology and machine learning to enhance female rider and driver safety, especially during odd hours, and the option to add riders to favourite lists for personal preferences.

November 14th, 2024

EaseMyTrip's Q2 FY25 net profit declines 43% YoY and 21% QoQ to INR 26.8 Cr, while revenue grows 2.1% YoY to INR 144.6 Cr.

November 14th, 2024

Macobs Technologies' D2C brand Menhood reports 190% profit growth to INR 1.84 Cr in H1 FY25. Operating revenue increases 86% to INR 16.55 Cr.

November 14th, 2024

Berlin-based Tourlane secures $26M in Series D funding led by Sequoia, pushing AI-powered travel planning forward in the trillion-dollar industry.

November 14th, 2024

Nasdaq-listed Zoomcar flags 'substantial doubt' over its ability to continue as a going concern due to cash outflows and losses, stating it may not have sufficient funds to meet obligations within a year without additional funding.

November 14th, 2024

Indian auto sector's Q2 results reveal a weak performance with most players missing market expectations, indicating a broader demand slowdown. Despite this, companies have managed to keep costs under control, offering a glimmer of hope for the industry's future.

November 14th, 2024

Check the authenticity of gold jewelry with a Unique ID and learn how to verify purity and date with BIS CARE app and hallmarking initiative.

November 14th, 2024

Reliance and Disney complete merger, valuing joint venture at $8.5Bn. RIL invests $1.4Bn for growth.

November 14th, 2024

Macobs Technologies' H1 profit swells 190% to ₹1.84 Cr, operating revenue surges 86% to ₹16.55 Cr. Founded in 2019, Menhood sells male grooming and lifestyle products.

November 14th, 2024

Uday Kotak highlights the challenges posed by quick commerce to retailers, noting that it may become a political issue in India, where companies like Swiggy have seen success amidst a broader market slump.

November 14th, 2024

Uber bolsters 'safety' for its drivers with new initiatives, including a women's rider preference feature and instant cash-outs, to connect with riders and drivers, especially during odd hours.

November 14th, 2024

Stay updated with top business stories, including Piyush Goyal's stance on interest rates, Fortune's power list, and Ola Electric's probe by CCPA.

November 14th, 2024

Forward, a healthcare startup that raised $400 million, is shutting down after eight years. It aimed to transform the industry with AI-powered CarePods and subscription-based services.

November 14th, 2024