Tiger Global-backed Mensa Brands slashes net loss to 155.8 Cr in FY24, revenue up 11%

Rollup ecommerce startup Mensa Brandshas clocked an operating revenue of Rs 557.6 crore in FY24—an increase of 11.6% from Rs 499.6 crore in FY23, according to its filings with the…

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PhysicsWallah names Ajinkya Jain as company secretary, compliance officer ahead of IPO

IPO-bound edtech unicorn PhysicsWallah (PW) has named Ajinkya Jain as its group general counsel, company secretary, and compliance officer.Jain’s appointment comes as the Noida-based edtech firm gears up for its…

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IPO-bound Captain Fresh sees 70% growth in topline as losses narrow in FY24

Seafood supplier firm Captain Fresh, which is planning its public debut this year, saw its operating revenue grow by 70% in FY24. The Utham Gowda-led B2B firm posted operating revenue…

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FHRAI raises concerns over Zomato, Swiggy’s private food delivery and alleged data misuse

The Federation of Hotel & Restaurant Associations of India (FHRAI) has expressed significant concerns regarding Zomato and Swiggy’s foray into the private label food delivery business. The association highlighted issues…

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Indian fintech funding hits $1.9B in 2024; Bengaluru leads investments

Indian fintech startups secured $1.9 billion in funding in 2024, marking a 33% decline from $2.8 billion in the year before, according to Tracxn's annual Fintech Report. Despite the decline,…

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How leveraging AI and data integration can propel innovation in business

Digital-native businesses often find it difficult to overcome data security challenges due to the sheer volume and varied quality of raw data being generated every second. There is also a…

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WeWork India raises Rs 500 Cr via rights issue to achieve debt-free status

Co-working space provider, WeWork India Management Limited, has raised Rs 500 crore through a rights issue.WeWork will use the capital to repay debt, strengthen its pathway to being debt-free, and…

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