EaseMyTrip Records INR 161 Cr Revenue and INR 46 Cr Profit in Q3 FY24

Three points you will get to know in this article: On Friday, EaseMyTrip, the online travel aggregator (OTA) platform, unveiled its financial performance for the final quarter of 2023 (Q3 FY24). The report highlights a commendable uptick in business volume alongside a slight dip in profits for the quarter. According to the consolidated financial statements filed with the National Stock…

Hike’s Revenue Skyrockets 8X to INR 150 Cr in FY23 and Losses Increase by 24%

Three points you will get to know in this article: In the past, Hike experienced a period of slow progress and transformations within its business landscape. However, in the most recent fiscal year, there was a remarkable upturn in its expansion. Particularly noteworthy was the growth of Hike’s Rush Gaming Universe (RGU), a platform hosting a variety of skill-based casual…

Unveiling Insights into Sugar.fit’s Series A Funding Round in HealthTech

Three points you will get to know in this article: Sugar.fit, a pioneering startup dedicated to diabetes management, has just revealed an impressive achievement in securing $11 million in funding during its Series A round. Leading the charge in this funding milestone is MassMutual Ventures, with significant contributions coming from existing supporters, including Cure.fit (now known as Cult.fit), Tanglin Venture…

Udaan Undertakes Strategic Restructuring with Layoffs Amid Business Consolidation

Three points you will get to know in this article: In September, Udaan, the B2B e-commerce platform, underwent a strategic restructuring that led to the unfortunate layoff of over 100 dedicated employees. The company, headquartered in Bengaluru, undertook a comprehensive reorganization, uniting its essentials business encompassing FMCG, staples, and pharma with the discretionary business covering general merchandise, lifestyle, and electronics.…

Jio Offers Device to Transform Your Car into a Smart Vehicle with Features Like Live Tracking and Geo-Fencing at Rs 4,999

Three points you will get to know in this article: Renowned telecommunications giant, Reliance Jio, has unveiled a groundbreaking innovation in the form of JioMotive—an on-board diagnostics (OBD) device designed to elevate any car into the realm of smart vehicles. This compact wonder, small enough to fit in your pocket, redefines convenience with its effortless installation, requiring nothing more than…

AJIO Unveils AJIOGRAM to Empower D2C Fashion Startups with Interactive E-commerce

Three points you will get to know in this article: Today, AJIO, the popular online retailer, excitingly introduced AJIOGRAM, a cutting-edge direct-to-consumer (D2C) platform filled with captivating content and interactive shopping experiences. This innovative move is designed to uplift Indian fashion startups that are reshaping the industry with their unique vision and inventive products. Accessing this platform is a breeze—simply…

Meta India Doubles Revenue from Click-To-Message Ads in FY23

Three points you will get to know in this article: On October 26, 2023, CEO Mark Zuckerberg enthusiastically shared the remarkable growth trajectory of Meta during an engaging analysts’ call. Within the expansive Meta family, encompassing Facebook, Instagram, and WhatsApp, India shines brightly as a key market. Zuckerberg revealed a fascinating statistic, indicating that more than 60 percent of WhatsApp…

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