Posted in Technology
Gaming and Sports Media Platform Nazara Reports Shows Flat Growth In FY24, Profit Surges by 23%
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Posted in Lifestyle
Home Decor Startup Vaaree Secures $2.5M In Pre-Series Series A Funding
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Posted in Fintech
Paytm Shares Drop 20% as Company Shifts Focus Away from Small Loans
Three points you will get to know in this article: The shares of One97 Communications Ltd, the parent company of leading fintech player Paytm, faced a 20% downward lock at INR 650.65 on Thursday (December 7). This downturn came in response to the company’s decision to shift its focus away from smaller loans, specifically those below INR 50,000, which primarily…
Posted in BusinessDaily Feeds
Paytm: Biggest Loser in Lacklustre Week for New-Age Tech Stocks
Three points you will get to know in this article: Despite the Indian stock markets reaching record highs this week, modern tech stocks faced a mixed scenario, experiencing mostly constrained movements. Notably, a selling trend emerged across various counters. Among the 19 new-age tech stocks covered by Inc42, eleven witnessed declines ranging from 0.2% to a substantial 25% this week.…
Posted in BusinessDaily Feeds
Zomato Shares Open Flat as Tax Authorities Issue Notice to Food Delivery Firms
Three points you will get to know in this article: Zomato’s stocks had an uneventful start on Thursday (November 23) amid reports of tax notices served to both Zomato and Swiggy for alleged non-payment issues in the realm of food delivery aggregation. Closing at INR 115.25 on the preceding day (November 22), Zomato’s shares exhibited a neutral performance. By 9:20…
Posted in BusinessDaily Feeds
Analyzing the Sentiment of Startup IPOs on D-Street
Three points you will get to know in this article: In contrast to the challenging ride for Indian startups venturing into the stock market in 2022, this year has shown a marked improvement. Despite the gloomy backdrop of the funding winter, three startups went public last year, while 2023 has witnessed the IPO debut of five startups so far. Yet,…
Posted in BusinessDaily Feeds
Mixed Week for New-Age Tech Stocks; CarTrade Emerges as Biggest Winner After Q2 Earnings
Three points you will get to know in this article: After experiencing a notable surge in the previous week, the performance of Indian new-age tech stocks showed a diverse outcome this week, mirroring the overall market’s subdued response to global uncertainties. Out of the 18 new-age tech stocks monitored by Inc42, eleven demonstrated gains ranging from 0.4% to an impressive…
New-Age Tech Stocks Decline Amid Geopolitical Tensions; Paytm Emerges as Biggest Winner This Week
Three points you will get to know in this article: This week witnessed a downturn in the performance of Indian new-age technology stocks, mirroring the broader market’s decline. The setback was attributed to a combination of mixed Q2 earnings reports from various companies and escalating geopolitical tensions.Within the realm of Inc42’s coverage, 11 out of the 18 new-age tech stocks…