Swiggy’s Food Delivery Revenue Grows By 26%, But Losses Rise 80%
Swiggy was already India’s highest-loss making startup, and it appears that it could continue to hold the top spot for a while longer….
Category: Startups
Byju’s Hasn’t Been Regularly Depositing Employee PF Payments With Govt: Report
The list of Byjus’ woes keeps getting longer and longer. After having three of its board members and its statutory auditor resign last…
After 3 Board Members, Byju’s Auditor Deloitte Also Resigns
India’s most valuable startup seems to be imploding in real time. An hour after it emerged that three of Byju’s most prominent investors…
Three Key Byju’s Board Members Resign In Latest Jolt To Ed-tech Unicorn
Byju’s has been in the news for all the wrong reasons over the last year, but its story appears now to be well…
Lending Unicorn Oxyzo Reports Profit Of Rs. 197 Crore In FY23
Even as most Indian startups are seeing their valuations cut by investors and laying off employees, a small — but growing — number…
Mojocare’s Founders Confess To Overstating Sales And Inflating Bills To Meet Targets: Report
All this while, it had been clear that most Indian startups weren’t making any profits, but now it turns out that the revenue…
Adani Group Buys Train Booking Startup Trainman For Undisclosed Amount
The Adani Group might already be India’s largest airport operator, but it’s now also setting its sights on a different form of travel….
These Indian Startups’ Alumni Have Created The Highest Number Of New Startups
India’s biggest unicorn startups have create plenty of value for themselves — they’re worth billions of dollars, they’ve made the founders very rich,…
India’s Most Profitable Unicorn Zoho Institutes Hiring Freeze For Engineering Roles
Loss-making startups have struggled to navigate the funding winter and had to resort to layoffs and business shutdowns, but it appears that even…