The going has got rough for one of the foremost online travels agency in India named EaseMyTrip. The financial report of the first quarter of the fiscal year 2025 has shown rough-sailing for the company. As expected, revenue and consequently the profit level have significantly declined in comparison with the previous Q. Although it has…
Flipkart e-commerce major has sneaked in a Rs 3 platform charge in the shopping carts, just like food delivery aggregators Swiggy, Zomato and Zepto. Although the company has said this is a small charge that is important in fine-tuning its operations with a view to improving the user experience, the move has elicited some concerns…
The sultan of food-tech, Swiggy, is once again driving the market mad as the company is planning to serve its starved investors with its long-awaited IPO. The latest move? A new service fee policy that is as hot as sauce is coming; it is making the mouths of non-metro restaurant partners bitter. From August 14…
Ecom Express, the logistics big gun keen on the growing Indian e-commerce market, is all set to go back to the IPO route again. Relaxo has recently submitted its DRHP with SEBI making it the second time that the company has attempted to go public. Last year in 2022, Ecom Express had attempted a similar…
Mahindra Finance injects fresh energy into its leadership team with the appointment of Bijoy Thaplial as CBO and Mod Narayan Singh as CCO. The strategic moves aim to accelerate growth, enhance customer experience, and strengthen regulatory compliance. To freshen up the leadership team, Thaplial, an experienced banker, and performer joining from BBVA becomes the new…
Deeping the plough in the intercity mobility space in India, Fresh Bus, the electric bus manufacturing company has raised a chunk of Rs 87. 5 crore in its Series A round from Maniv. This sum of money will greatly propel the companies expansion strategies such as; addition of 15 new routes and a fleet of…
Sick of unexciting razors and uncomfortable skin? You’re not alone. In the same vein, Shantanu, who had conceived the idea of going big with BSC, felt the same pinch. But instead of moaning about it, he turned it into a business opportunity and became highly paid because of it. For Bombay shaving company it was…
SaaS firm Unicommerce, which was not well-known until the IPO, has topped the most anticipated Ola Electric in terms of its IPO. Softbank backed Ola had a higher valuation and a larger issue size, but it did not invoke the kind of response Unicommerce did. The comparison of two IPOs shows the change in tendencies…
Oyo, the hospitality disruptor recently successfully raised $175 million in Series G funding, which hardly can be considered as a salvage in a cycle of variable experience. Oyo, has now returned to the formal as it was earlier struggling in the middle of the stream in thelevelname. This new supply of cash is quite likely…
PhonePe, the fintech giant, is disrupting the insurance industry with its brand new pre-approved term life insurance feature. This is going to change the game of financial inclusion by opening up life insurance to millions of Indians who were earlier out of the market. No income proofs required! PhonePe’s AI underwriting magic identifies eligible users,…
