Tiger Global-backed Razorpay reports jump in FY19 cash burn but narrows losses

Shashank Didmishe

Razorpay Software, a Bengaluru-based payment solutions startup, significantly narrowed its losses for the financial year ended ....

6 December, 2019

Alibaba-backed BigBasket reports jump in FY19 cash burn; widens losses nearly two-fold

Supriya Roy

Supermarket Grocery Supplies, the Bengaluru-headquartered company that owns online grocery platform BigBasket, widened its losses ....

4 December, 2019
ADVERTISEMENT

Milkbasket widens losses more than four-fold as expenses shoot up

Tanmay Tiwary

Aaidea Solutions, the Gurugram-based company that owns micro-delivery platform Milkbasket, widened its losses more than four-fold ....

4 December, 2019

Zivame narrows FY19 losses and targets more than 100 offline stores over two years

Supriya Roy

Actoserba Active Wholesale, the Bengaluru-based parent holding entity of online women-focused innerwear brand Zivame, narrowed ....

4 December, 2019

SoftBank-backed ride sharing unicorn Ola halves FY19 losses

Supriya Roy

Ride sharing unicorn Ola’s losses narrowed by 57% amidst several media reports about employee layoffs ahead of its reported ....

2 December, 2019

Health-tech platform Lybrate reports profits for FY19

Supriya Roy

Digital medical consultation platform Lybrate reported net profits at Rs 5.25 crore for the financial year 2018-2019, against ....

2 December, 2019
ADVERTISEMENT

Bike taxi operator Rapido widens FY19 losses on high cash burn from rapid scaling

Supriya Roy

Urban mobility startup Rapido’s cash burn during the financial year 2018-2019 showed how aggressively the company has scaled ....

28 November, 2019

Whatsapp’s India unit reports Rs 62 lakh profits in first full year of operations

Shashank Didmishe

Whatsapp Application Services, the Indian unit of Facebook-owned Whatsapp, reported net profits at Rs 62 lakh for the financial ....

27 November, 2019

Furniture etailer Urban Ladder posts profits amidst layoffs, shift to omnichannel play

Shashank Didmishe

Sequoia Capital backed furniture etailer Urban Ladder reported a net profit of Rs 50 crore for the financial year ended March ....

21 November, 2019

Mphasis reports marginal growth in net profits

Vignesh Ananthraj

Bengaluru based IT services firm Mphasis reported a marginal increase in consolidated net profits at Rs 273.3 crore for the quarter ....

15 November, 2019
ADVERTISEMENT

Shared mobility startup Vogo widens FY19 losses; expenses shoot up to Rs 46.3 crore

Supriya Roy

Scooter sharing startup Vogo Automotive widened losses to Rs 39.2 crore in financial year 2018-2019 against Rs 3.3 crore a year ....

15 November, 2019

Rebel Foods doubles FY19 expenses in bid to stay ahead in the cloud kitchens game

Shashank Didmishe

Mumbai-based Rebel Foods, which operates cloud restaurant brands such as Faasos and Behrouz Biryani, nearly doubled its spends ....

15 November, 2019

Flipkart logistics arm eKart grow FY19 revenues 78%; costs up 56%

Shashank Didmishe

Instakart Services, Walmart-owned Flipkart’s logistics arm which operates under the brand eKart, reported a 78% growth in ....

13 November, 2019

Lendingkart grows FY19 revenues three-fold; profits at Rs 3 crore

Supriya Roy

Lendingkart Technologies, which runs an eponymous digital lending platform, reported a 172% growth in its revenues for financial ....

7 November, 2019

Tech Mahindra acquires Born Group; Q2 net profit up 5.6%

Supriya Roy

Information technology services company Tech Mahindra reported a 5.6 % increase in quarterly profit and announced its acquisition ....

6 November, 2019

Ctrip-backed MakeMyTrip grows Q2 revenues nearly 14%

Payal Ganguly

Nasdaq-listed online travel company MakeMyTrip recorded a 13.6% year-on-year growth in revenues for its second quarter ended September ....

5 November, 2019

Facebook India reports jump in FY19 revenues and profits

Shashank Didmishe

Facebook India Online Services, the Indian arm of the US-based social media giant, clocked a 71% growth in  revenues for ....

5 November, 2019

Infosys, HCLT and Tech Mahindra are Kotak’s top IT stocks after 2QFY20

Supriya Roy

Information technology companies Infosys, HCL Technologies and Tech Mahindra have emerged as the top-performing companies in the ....

4 November, 2019

Paytm Mall narrows FY19 losses on the back of O2O strategy

Shashank Didmishe

Paytm E-Commerce, which owns online marketplace Paytm Mall, has narrowed its consolidated losses for the financial year 2018-19 ....

1 November, 2019

IBM India FY19 profits decline 12%

Shashank Didmishe

IBM India, the Indian unit of US-based information technology giant IBM, has reported a 12% decline in net profits for the financial ....

31 October, 2019

Costs swell at Flipkart, Amazon as ecommerce rivals woo Bharat consumers

Shashank Didmishe

The ongoing rivalry between Walmart-owned Flipkart and Seattle headquartered Amazon for dominance in share in India’s booming ....

31 October, 2019