Zomato Reports INR 3,288 Cr Revenue and INR 138 Cr Profit in Q3 FY24

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…

Dream11 Records INR 6,384 Crore Revenue and INR 188 Crore PAT in FY23

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.…

Zoomcar Eyes Profitability in FY2024 After Facing Revenue Decline and Losses in FY2023

Three points you will get to know in this article: Zoomcar is optimistic about achieving profitability in the fiscal year 2024. If this milestone is reached, it would undeniably become one of the standout narratives of the year, especially when examining the financial trajectory of the company in the fiscal year concluding in March 2023. During that period, the Indian…

Unicommerce Submits DRHP for IPO Focusing on Equity Share Offer

Three points you will get to know in this article: Unicommerce, a part of the AceVector Group alongside Snapdeal and Stellaro Brands, has recently submitted its draft red herring prospectus (DRHP) to the Securities Exchange Board of India (SEBI) for their upcoming initial public offering (IPO). In this exciting move, the company aims to secure funds through an offer for…

Snapdeal Records INR 388 Crore Revenue in FY23; Reduces Losses by 45%

Three points you will get to know in this article: In the realm of horizontal e-commerce ventures, Snapdeal, the Gurugram-based e-commerce platform, stands out for its unwavering commitment to profitability. Notably, the company has achieved a commendable feat by reducing consolidated losses by 45%, from Rs 510 Cr in FY22 to Rs 282 Cr in FY23. Impressively, Snapdeal achieved profitability…

Zeta India Turns Profitable In FY23, Posts PAT Of INR 21.94 Cr

Three points you will get to know in this article: Zeta’s Financial Performance in FY23 Zeta, a fintech SaaS unicorn based in Bengaluru, has turned profitable in the financial year ending on March 31, 2023, through its Indian subsidiary Better World Technology Pvt Ltd. The company reported a profit after tax (PAT) of INR 21.94 Cr in FY23, a remarkable…

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