MobiKwik, the well-known Gurugram-based fintech platform, has just revealed a staggering net loss in its Q4 FY25 results, marking a sharp downturn from the same period last year. Despite a strong growth trajectory in payment volumes, the company’s financial performance has taken a hit, primarily due to rising operational costs and challenges in its credit business.
Key Financials: A Look at the…
A Fresh Start in the Fruit and Veg Business
Handpickd, an innovative online platform for fresh fruits and vegetables, has hit a major milestone: it’s now EBITDA positive in Gurugram and has just expanded its operations to Bengaluru, Karnataka. The company, founded in April 2024 by Anant Goel, the co-founder of Milkbasket, aims to redefine how consumers shop for fresh produce by offering…
Oister Global, a Gurugram-based investment firm, has partnered with Tribe Capital India to launch a new fund focused on secondary market transactions. This fund aims to invest $500 million over the next two years as interest in secondary private market transactions in India continues to rise.
In the past four to five years, India has seen $7.7 billion transacted in the secondary market, according…
Delhi-based D2C design and lifestyle brand DailyObjects has successfully raised $10 million (approximately INR 83 crore) in its Series B funding round, led by 360 ONE Asset with participation from existing investor Roots Ventures. This significant capital infusion will support the startup’s ambitious plans for growth, including enhancing its distribution channels, driving product innovation…
The trade-in vehicle fragment has been really bustling this year. CarDekho and Droom turned unicorns while Spinny is set to be valued more than $1.5 billion in a new round. CarTrade appeared in the public market and SoftBank-backed Cars24 gathered up $450 million at around a $2 billion valuation.
It’s the ideal opportunity for Cars24 to show its moves, as the firm contemplates its initial public…
Retail location monetary technology organization Skeps has brought $9.5 million up in its Series A round drove by Bertelsmann India Investments. Existing supporter Accel has likewise joined the round.
As per the Gurugram and New York-based startup, the new capital will be utilized to grow its business, advertising, designing and item groups.
Established by Tushar Srivastava, Mayank Tewari and…
Gururam-based insurtech startup RenewBuy has brought $45 million up in a Series C subsidizing round drove by a speculation from Apis Growth Fund II, a private value reserve oversaw by Apis Partners LLP, a UK-based resource chief that upholds development stage monetary administrations and monetary innovation organizations.
RenewBuy’s current financial backers, Lok Capital and IIFL Wealth…
Organizations think that its difficult to hold existing clients, and it is an additional weight in groups when clients leave unannounced.
Truth be told, nine out of 10 clients leave to stay away forever when they discover blunders in applications, which stays uncertain for a really long time.
Organizations attempt to take care of this issue by employing and preparing QA engineers. In any case…
Homestead to retail agritech startup Crofarm is steadily making strides with its rotate from its past symbol. The Gurugram-based organization used to be a homestead to retail business, be that as it may, it changed track to become B2B2C stage Otipy in mid 2020. Otipy is a local area based stage to associate customers, affiliates and ranchers for carrying new produce to doorstep.
Since its…
Spending lodging network Oyo has laid off another 300 workers from its tasks group in the previous weeks, said different media reports.
The SoftBank-sponsored organization has brought some operational changes which require less individuals and lead to repetition in advancement and tasks division. While the genuine changes in the organization’s tasks couldn’t be found out, a Moneycontrol report…
