Oyo’s Annual Losses Rise Sixfold To Rs. 2,385 Crore
Oyo might be expanding into different geographies and different verticals, but the growth isn’t coming cheap. Oyo has registered a loss of Rs. 2,385…
Category: Stories
500 Indian Startups To Get $250,000 From WhatsApp As Facebook Ad Credits
WhatsApp has taken its initiative to support Indian startups another step forward. The Facebook-owned company has announced an investment of $250,000 worth ad…
Paytm Has Raised $1 Billion At A Valuation Of $16 Billion
Paytm has further cemented its place as India’s most valuable startup. Paytm has raised $1 billion (Rs. 7000 crore) in its Series G…
Targeting To Generate 30% Of Revenues From Beyond Food Delivery In 2 Years: Swiggy CEO Sriharsha Majety
Swiggy might have become synonymous with food delivery — “Swiggy it” has entered the vocabulary of some Indians as a way of ordering…
Patanjali Appears To Be Rising Once Again, Reports Highest-Ever Revenue For HY 2019-20
Until a few years ago, Patanjali was the rising star on India’s FMCG space. With revenues of over Rs. 10,000 crore, it had shot…
Urban Ladder Bucks Trend, Posts Profit Of Rs. 49 Crore
India’s startup scene traditionally celebrates unicorns, which are startups that are valued at more than a billion dollars. They were so named because…
Paytm Is Integrating Twitter Into Its App To Drive Engagement
Paytm has tried several approaches to get people to open its app more often. Two years ago, it had introduced Paytm Inbox, which…
AB Idea Payments Bank To Be Liquidated
The curtains have finally come down on the young Aditya Birla Idea Payments Bank Ltd (ABIPBL) with the Reserve Bank of India (RBI)…
The World’s Biggest IPO By The World’s Most Profitable Company Opens Today
Chinese e-commerce giant Alibaba is likely to be dethroned as the company with the biggest IPO (initial public offering) ever, a position…