Category: Startups
Ninjacart: Ninjacart’s revenue jumps 74% to cross Rs 2,000 crore in FY24, loss down 20%
Walmart and Flipkart-backed business-to-business (B2B) ecommerce firm Ninjacart reported a 74% jump in operating revenue for 2023-24 to Rs 2,002.7 crore, up from Rs 1,153.4…
Swiggy: Swiggy steps up quick commerce investment to Rs 1,179 crore, eyes 741 dark stores
Food delivery platform Swiggy is increasing its investment in its quick-commerce business, Swiggy Instamart to Rs 1,179 crore, up 20% from Rs 982 crore mentioned…
Dhanteras: Quick commerce firms vie to cash in on Dhanteras
Zomato-owned Blinkit on Tuesday saw a surge in sales of gold and silver coins along with other items associated with Dhanteras celebrations. Similar to last…
TurboStart: Venture fund TurboStart launches new platform to connect startups and investors
Bengaluru-based venture capital firm, TurboStart, has launched TS Bridge—an investment platform that will connect investors with potential startups across various stages. Currently, with 170 investors…
ElasticRun: B2B ecommerce firm ElasticRun narrows losses by 42% in FY24; revenue drops 49%
Business-to-business (B2B) ecommerce platform ElasticRun reduced its net losses by 42% to Rs 359.6 crore for the financial year ended March 2024, down from Rs…
Swiggy IPO: Swiggy sets IPO price band between Rs 371-390 per share
Food and grocery delivery platform Swiggy is set to price its upcoming IPO in the range of Rs 371-390 per share, according to sources. At…
Women prudent borrowers, aspirational younger generation displays bolder risk appetite: Fintech soonicorns on financial inclusion at ET Soonicorns Summit 2024
Women borrowers in India have better credit performance and tend to be more responsible with their credit behaviour as Indians exhibit an appetite for risk…
Profit first: Soonicorn leaders caution against chasing aggressive growth over profitability at ET Soonicorns Summit 2024
“By the time we get to profitability in the Electric Vehicles (EV) sector—a sunrise domain—which is completely new, you’re fighting against 100-year-old technology that has…
startup laws: Seven European countries match US in startup-friendly laws, report says
Seven European countries have changed their laws to increase employee ownership in startups to rival the U.S. in attracting talent and investment, while other countries…
Lahori: Beverage company Lahori eyes Rs 400 crore taking valuation up 3x to Rs 2,700 crore
Chandigarh-based beverage maker Lahori, which sells carbonated non-alcoholic drinks in local flavours, has held discussions with multiple investors to close a Rs 400 crore round…