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: In the financial year of 2022, API Holdings, the parent company overseeing the online pharmaceutical service PharmEasy, faced significant financial setbacks. However, in the subsequent fiscal year of 2023, the Mumbai-based company successfully enhanced its financial performance. Despite this improvement, API Holdings had to make compromises on the rapid expansion…
Three points you will get to know in this article: Hyderabad-based fintech NBFC, Vivifi India Finance, has successfully secured $75 million in its Series B funding round, a blend of debt and equity. Although the specific investors remain undisclosed, regulatory filings indicate that BP IN VPF LLC has contributed to this funding, propelling Vivifi’s valuation to an estimated $150 million.…
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: 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: 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…
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…
Three points you will get to know in this article: Pristyn Care, a hospital chain with a focus on surgeries, successfully expanded its operational footprint, witnessing a remarkable 44.70% growth and surpassing the Rs 450 crore milestone in the financial year concluding in March 2023. In a notable turnaround from FY22, during which the company experienced a 332% increase in…
Three points you will get to know in this article: Over the FY18-FY21 span, Healthkart experienced a plateau in its growth trajectory, yet over the last couple of years, the company has successfully reignited its upward momentum. Remarkably, the nutritional powerhouse saw its revenue skyrocket by 2.7 times, reaching Rs 832 crore in FY23, a significant leap from Rs 307…
