Tag: cash burn
Posted in Business
Zepto’s cash burn hits ₹250 crore a month, 6x more than May: Report
Zepto’s monthly cash burn has surged to over ₹250 crore in the past two months, amid intensifying competition in the quick commerce sector. Zepto’s monthly…
Posted in Startups
Unacademy: Unacademy’s FY23 revenue rises 26% to Rs 907 crore, loss shrinks
Test preparation startup Unacademy said its losses narrowed by 41% to Rs 1,678 crore in FY23, a period riddled with incessant layoffs at the firm….
Posted in Startups
Meesho: Inside Meesho’s reset: to cut cash burn, brace for slower growth
Until early in 2022, ecommerce startup Meesho was burning around $40 million a month in cash as it took on bigger rivals Amazon India and…