Category: Startups
Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder Goyal
Food and grocery delivery company Eternal, which operates platforms such as Zomato, Blinkit and District, has crossed $10 billion in annual net order value (NOV)…
Blinkit flags growth moderation as quick commerce firm’s profitability improves
India’s largest quick commerce platform Blinkit flagged a potential moderation in growth as the base expands, even as it improved profitability in the January-March quarter….
Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%
Synopsis Eternal Q4 Results: Revenue from operations surged 196% YoY to Rs 17,292 crore. ETMarkets.com Eternal, which operates food delivery platform Zomato and quick commerce…
Snabbit raises $56 million in funding from Susquehanna, others; home cooks next on plans
Instant house help startup Snabbit has raised $56 million led by Susquehanna Venture Capital and Mirae Asset Venture Investments, which invested via its recently-launched Unicorn…
IIT Madras incubates over 100 startups, files 431 patents in innovation push
The IIT-Madras on Monday announced that it has achieved a milestone in deep-tech entrepreneurship, incubating over 100 startups for the second consecutive year under its…
Eternal Q4 Preview: Will over 400% YoY profit growth help dominate Swiggy?
Zomato is expected to report a sharp surge in revenue and profit for the March quarter, driven largely by continued momentum in its quick commerce…
Lalit Keshre wins Entrepreneur of the Year for taking Groww to a Rs 1.36 lakh crore publicly traded fintech in a decade
Lalit Keshre, cofounder and chief executive of Groww, took less than a decade to build the country’s largest stock broking platform, disrupting traditional brick and…
ET Awards for Corporate Excellence: RateGain Travel Technologies wins Emerging Company of the Year aided by AI-powered growth
A sharp rebound in global travel and hospitality has driven demand for digital solutions, creating an opening for companies like RateGain Travel Technologies to pull…
Gig workers’ body writes to labour ministry to mandate heatwave protection
The Indian Federation of App-Based Transport Workers (IFAT) has written to the ministry of labour and employment, urging the government to mandate heatwave protection for…
DPIIT issues operational guidelines for Rs 10,000 crore Startup India Fund of Funds 2.0 scheme
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has issued the operational guidelines for the Startup India Fund…