Tag: cash burn in startups

House-help startup Pync shuts down amid fierce competition; founders to join Snabbit
Posted in Startups

House-help startup Pync shuts down amid fierce competition; founders to join Snabbit

In what could be an early sign of consolidation in the fast-growing instant house-help segment, Bengaluru-based Pync, backed by Accel and General Catalyst, is shutting…

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Don’t want to chase volume growth at cost of poor AOV, says Swiggy’s Majety
Posted in Startups

Don’t want to chase volume growth at cost of poor AOV, says Swiggy’s Majety

Swiggy will play the long game, focussing on growth and profitability, founder and group CEO Sriharsha Majety said during the company’s post-earnings call, as competition…

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Don’t want to chase volume growth at cost of poor AOV, says Swiggy’s Majety
Posted in Startups

Don’t want to chase volume growth at cost of poor AOV, says Swiggy’s Majety

Swiggy will play the long game, focussing on growth and profitability, founder and group CEO Sriharsha Majety said during the company’s post-earnings call, as competition…

Continue Reading