Hello,Order up!Zomato may have delivered growth for Blinkit, but at quite a steep cost. The quick commerce platform’s gross order value more than doubled to Rs 6,132 crore, as it…
About seven years ago, two mobility enthusiasts, Aditya Puppala and Gayatri Jadhav, met each other while working at Ashok Leyland in Hosur, TamilNadu, where they collaborated on multiple projects. One…
Muskan Mehta, a 21-year-old software developer, was in a familiar conundrum: having nothing to wear for an event.Having been invited to dinner with a friend’s family that night, she needed…
If critics are to be believed, the Reserve Bank of India (RBI) is once again playing favourites, with fledgling fintechs and innovation potentially at risk.Several founders and experts told YourStory…
One 97 Communications Limited, the parent company of Paytm, said that it has received approval from the National Payments Corporation of India (NPCI) to resume onboarding new UPI (Unified Payments…
The rapid expansion of Zomato’s quick commerce business, Blinkit, is likely to put pressure on the operating profit margins of this segment in the near term.At the end of the…
By assuming a portion of loan default risk through its newly adopted First Loss Default Guarantee (FLDG) model, Paytm seeks to improve lending volumes and profitability, while giving hesitant partners…
“We're not raising money to start discounting more,” says Zomato’s finance chief Akshant Goyal, speaking about the company’s proposal to raise about $1 billion dollars. “I think we could do what…
Tiger Global-backed OkCredit on Tuesday reported a 72% rise in annual revenue to Rs 14.3 crore for the year ended March 31, compared to Rs 8.3 crore in the previous…
SaaS unicorn LeadSquared reported a total loss of Rs 162.2 crore in the financial year 2023-24 (FY24) against a Rs 161 crore loss incurred in the year-ago fiscal.Despite the marginal…