Prosus Doubles Profit in H1FY25
Dutch technology investor Prosus has reported a strong performance in the first half of the fiscal year 2025 (H1FY25), nearly doubling its profit and showcasing impressive growth across key business…
Swiggy Reports ₹625.5 Crore Net Loss in Q2 FY2024
Swiggy, one of India’s leading food delivery aggregators, has disclosed its financial results for the September quarter, marking its first quarterly report since going public last month. The company reported…
Shadowfax Turns Profitable with ₹2 Crore PAT in FY24
Third-party logistics (3PL) provider Shadowfax has achieved a significant milestone by recording an adjusted profit after tax (PAT) of ₹2 crore in FY24. This marks a remarkable turnaround from the…
Bhavish Aggarwal Announces Pledge of 1.10%
Ola Electric, one of India’s leading electric vehicle (EV) manufacturers, is witnessing a significant milestone as founder Bhavish Aggarwal announces a pledge of 1.10% of the company’s equity. This decision…
24X National Exchange Gains SEC Approval for Extended Hours
The financial markets are witnessing a paradigm shift with the approval of extended trading hours by the U.S. Securities and Exchange Commission (SEC) for 24X National Exchange. Backed by Steve…
ShareChat Achieves Profitability with 33% Revenue Growth
Homegrown social media platform ShareChat has reached a significant milestone in its financial journey, reporting full profitability in FY24. With a remarkable 33% revenue growth and an improved EBITDA margin,…
Apex Ecotech IPO: Comprehensive Analysis and Details
Apex Ecotech, a rapidly growing company in its sector, is set to launch its Initial Public Offering (IPO) on November 27, 2024, and close on November 29, 2024. This Book…
Quick Commerce: A Catalyst for India’s Innovation
Union Finance Minister Nirmala Sitharaman emphasized the importance of quick commerce as a transformative innovation during the India Ideas Conclave 2024 in Bengaluru. She highlighted its potential to brand India…
The Sleep Company: Scaling Up Amidst Challenges
The Sleep Company (TSC), a Mumbai-based direct-to-consumer (D2C) sleep solutions startup, has shown remarkable growth in revenue while facing significant challenges. The company’s financial performance for FY24 highlights its ambitious…
FY24 Financial Performance of Major Indian Startups
The financial performance of companies reflects their strategic priorities, market conditions, and internal efficiencies. A comparative analysis of key metrics such as operating revenue, profit/loss, and other operational expenses provides…