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Three points you will get to know in this article: On Thursday, Zomato, the pioneering foodtech and quick commerce platform, unveiled its financial performance for the third quarter of the ongoing fiscal year, Q3 FY24. The latest figures reveal not just a commendable surge in scale, but also a remarkable 3.8X leap in profits. According to the company’s consolidated financial…

Food

Ferns N Petals Records INR 607 Crore Revenue in FY23; Faces Substantial Losses

SA TeamJanuary 31, 2024

Three points you will get to know in this article: The thriving gift-giving hub, Ferns N Petals, experienced rapid expansion over the recent financial periods. However, the company hit a growth plateau in FY23. During the last fiscal year, the Delhi-based enterprise saw a modest 4.8% uptick in its income but faced a substantial setback, recording significant losses amounting to…

Food

Akshayakalpa Organic Secures Rs 100 Crore in Series C Funding Led by A91 Partners4

SA TeamJanuary 11, 2024

Three points you will get to know in this article: Akshayakalpa Organic, an organic dairy startup, has successfully secured Rs 100 crore or $12 million in its Series C funding round, which was led by A91 Partners. This significant investment marks a milestone for the Bengaluru-based company, coming after a gap of 16 months. Special Resolution and Capital Raise Furthermore,…