Credgenics parent posts Rs 8.38 Cr profit in FY24
Analog Legalhub, parent of Credgenics, posted a net profit of Rs 8.38 crore in FY24, reversing a loss of Rs 12.62 crore in FY23.Total revenue climbed by 72.38% year-on-year to…
Fintech lending platform MoneyView’s revenue surges 75% to Rs 1012 Cr in FY24
Digital lender MoneyView has reported a sharp 75% year-on-year increase in revenue to Rs 1,012 crore for the fiscal year ended March 31, 2024, compared to Rs 577 crore earned…
Meesho claims Indian e-commerce first with positive cash flow
Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive…
It’s important to infuse academic education with entrepreneurial spirit: Rector of Dresden University of Technology
German university Technische Universität Dresden (Dresden University of Technology)—which has a special relationship with IIT Madras—is keen to intensify this alliance around three major areas: sustainability science, diabetes, and microelectronics and…
Niyo trims losses; revenue drops 28.6% in FY24
Finnew Solutions Private Limited, better known as Niyo Global, reported revenue from operations of Rs 93.84 crore in FY24, down 28.6% from Rs 131.44 crore in the previous fiscal year.The…
Vietnamese D2C brand Coolmate bags $6M in Series B funding led by Vertex Ventures
Coolmate, a Vietnamese ecommerce direct-to-consumer (D2C) men's apparel brand, has secured $6 million in Series B funding led by Vertex Ventures Southeast Asia & India.The funding is set to accelerate…
Battery Smart reports 195% rise in FY24 revenue from operations
EV battery swapping network startup Battery Smart on Wednesday reported a 195% rise in revenue from operations to Rs 164.6 crore for the year ended March 31 compared to Rs…
Swiggy IPO: Accel, Elevation Capital see over 3300% gain, Prosus likely to get Rs 4,254 Cr
Leading consumer internet company Swiggyhas priced its initial public offering (IPO) in the range of Rs 371-390. Some of its early investors like Accel and Elevation Capital will see over…
Flipkart sees record 7.2B visits during festive season
Homegrown ecommerce marketplace Flipkart experienced high customer engagement this festive season, recording an overall 7.2 billion visits. The company also witnessed a record 282 million unique visitors during the festivities,…
Google parent Alphabet sees strong Q3 earnings driven by search, cloud
Google parent Alphabet has reported strong third-quarter 2024 results, with a surge in both the top and bottom lines, led by search as the largest contributor to revenue growth, followed…
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