Tag: delhivery
delhivery q1 earnings: Delhivery Q1 Results: Losses narrow sharply to Rs 89.5 crore, sales rise 10.5%
MUMBAI: Logistics services provider Delhivery on Friday reported that its losses narrowed significantly in the quarter ended June 2023, both on a year-on-year (YoY) basis…
flipkart: ETtech Exclusive: Tiger trail at Flipkart ends with $3.5 billion profits; fund sells remaining stake to Walmart
New York-headquartered investment firm Tiger Global informed its limited partners (LPs) last week that it has completed its exit from Flipkart, snagging $3.5 billion in…
zomato share price: Zomato and PB Fintech stocks hit 52-week highs
With the broader stock market indices setting record highs, shares of two Gurgaon-based newage companies, Zomato and PB Fintech, touched 52-week highs on July 13….
misra: Rajeev Misra’s $7 billion fund scouting for India opportunities after debut investment in Shapoorji Pallonji
Rajeev Misra, who stepped back from his executive role at SoftBank Vision Fund (SVF) a year ago, is open to investing in domestic companies from…
new-age tech stocks: New-age tech companies beat odds to regain one-third of market capitalisation
New-age tech companies Paytm, Zomato, Nykaa, Policybazaar, CarTrade and Delhivery have together regained nearly one-third of the wealth investors in their shares had lost last…
Delhivery: Carlyle to sell 2.53% in Delhivery today
Mumbai: American private equity firm Carlyle will sell a 2.53% stake in ecommerce logistics company Delhivery on Thursday, which will fetch the PE firm as…
VLCC to acquire D2C men’s grooming brand Ustraa through strategic merger
Beauty and skincare company VLCC is acquiring direct-to-consumer men’s grooming brand Ustraa through a combination of secondary buy-out and share swap, the company said on…
softbank: Lack of late-stage opportunities led to SoftBank going slow on India investments: BofA Securities
Japanese conglomerate SoftBank has stayed away from making any new investments in India over the past year due lack of opportunities in the late-stage, according…
zypp: Zypp Electric to deploy two lakh vehicles in its fleet, invest $300 million for expansion
Startup electric mobility services provider Zypp Electric is targetting to deploy 2 lakh vehicles in its fleet in the next three years and will need…
new age tech firms profitability: Reducing cash burn and achieving profitability key targets for listed new-age tech firms
Reducing cash burn, narrowing losses, and finding a sustainable path to profitability were the dominant themes as major new-age tech firms announced their fourth quarter…