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…
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…
Three points you will get to know in this article: A pioneering Agritech venture, BigHaat, has recently secured a substantial $8.4 million in Series C funding. This investment round, jointly spearheaded by the esteemed Ashish Kacholia and RBA Finance and Investment Company, underscores a significant stride in BigHaat’s growth trajectory. Notably, the infusion of capital also witnessed enthusiastic participation from…
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…
Three points you will get to know in this article: Zoho stands out as a rare gem in the tech industry, successfully unraveling the secrets to achieving both expansive growth and a robust financial standing. Remarkably, this feat was accomplished without relying on external capital. In the fiscal year 2023, Zoho witnessed an astounding surge of almost 300% in its…
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…
Three points you will get to know in this article: On Tuesday, Infibeam Avenues, a leading fintech company, unveiled its financial performance for the third quarter of the current fiscal year, Q3 FY24. The reported results paint a compelling picture, showcasing sustained growth in both revenue and profits. During Q3 FY24, Infibeam experienced a noteworthy 15.4% surge in revenue from…
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…
Three points you will get to know in this article: In the past fiscal year, Dream Sports, the proud parent company of Dream11, showcased an exceptional financial performance, witnessing a remarkable 66.21% growth in revenue, bringing it close to the impressive Rs 6,400 crore mark for FY23. Simultaneously, the company experienced a 32.40% surge in profits during the same period.…
Three points you will get to know in this article: In the early stages of the fiscal year 2023, Rapido successfully secured an impressive $180 million in funding from prominent backers such as Swiggy, WestBridge, TVS Motor, Shell Ventures, and Nexus Ventures. This substantial financial infusion played a pivotal role in catapulting Rapido’s growth by threefold, providing the company with…
