Nykaa’s Profit Declines 68% From Rs. 29 Crore To Rs. 9 Crore
In 2023, most of India’s loss-making startups are seeing their losses widen, and even the handful of profit-making ones are seeing their profits…
Category: Startups
Info Edge Values Rahul Yadav’s New Startup At Zero After Investing Rs. 276 Crore In It Last Year
The poster boy of India’s first startup cycle — who ended up being unceremoniously fired from his own company — isn’t having a…
Zomato Gets Trolled For Its “Adjusted” Metrics After Releasing Quarterly Results
Startups might be getting creative in how they represent their financial data, but India’s netizens aren’t particularly impressed. Zomato has been trolled on…
Zomato’s Revenue Rises 75% In December Quarter, But Losses Rise 450%
Zomato has been making losses for 15 straight years since it was founded, and they show no signs of slowing down. Zomato has…
Paytm’s Share Zooms 30% In 2 Days After It Narrows Losses To Rs. 392 Crore
After several quarters, Paytm appears to have given its investors something to cheer about — and the stock markets are responding. Battered tech…
AI Will Disrupt White Collar And Creative Jobs First: ChatGPT Founder
For years, people had believed that AI would automate blue-collar jobs first — self driving cars and trucks would take away jobs from…
How A Phone To Its Call Center Got Anupam Mittal To Invest In Ola In 2011
On Shark Tank, Anupam Mittal quizzes entrepreneurs about their businesses plans, analyzes revenue and profit numbers, and evaluates their competitive strengths and weaknesses…
Byju’s Lays Off Another 1000 Employees As Ed-tech Rout Deepens
2022 had been annus horribilis for India’s ed-tech space, but the pain seems to be continuing well into 2023. Byju’s has fired 1,000…
Here’s How India’s Startup Community Reacted To Budget 2023
The Budget is one of the most awaited events in the startup calendar — policies that the government formulates can change the trajectory…