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Delhivery's Q4 loss remains flat at Rs 119.8 cr, revenues double

TMT

30 May, 2022

Delhivery's Q4 loss remains flat at Rs 119.8 cr, revenues double

Recently-listed Delhivery Ltd contained its fourth quarter losses at Rs 119.8 crore, almost flat from Rs 118.5 crore in the ......

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Merisis Advisors set to foray into wealth management space

Finance

30 May, 2022

Merisis Advisors set to foray into wealth management space

Mumbai-based Indian investment banking advisory firm Merisis Advisors is in talks with asset management companies as it plans to enter ......

PayMate India files for IPO to raise Rs 1500 cr

Finance

30 May, 2022

PayMate India files for IPO to raise Rs 1500 cr

Visa and Lightbox-backed PayMate India, a B2B payments and services provider will look to raise Rs 1,500 crore through an initial ......

Nykaa's quarterly Q4 profit dips on high expenses, lower demand

Consumer

27 May, 2022

Nykaa's quarterly Q4 profit dips on high expenses, lower demand

The consolidated net profit of online beauty retailer Nykaa more than halved in the fourth quarter of March 2022 (Q4FY22) period ......

Invact Metaversity CEO Manish Maheshwari steps down as rift goes public

TMT

27 May, 2022

Invact Metaversity CEO Manish Maheshwari steps down as rift goes public

Manish Maheshwari has stepped down as the chief executive officer (CEO) and director of edtech firm Invact Metaversity to pursue ......

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Awaiting final dues, Lido Learning ex-employees take the fight to social media

TMT

26 May, 2022

Awaiting final dues, Lido Learning ex-employees take the fight to social media

Several former employees and tutors working with the once-promising edtech startup Lido Learning are awaiting their dues after over four ......

Country Delight raises $108 mn in Series D round, valn at $615 mn

Consumer

25 May, 2022

Country Delight raises $108 mn in Series D round, valn at $615 mn

Country Delight, a direct-to-consumer (D2C) food essentials brand, has raised $108 million in Series D round taking its valuation to ......

Zomato looking at profitability sans further dilution

Consumer

25 May, 2022

Zomato looking at profitability sans further dilution

Online food delivery aggregator Zomato is looking at profitability without raising more capital, Akshant Goyal, chief financial officer, said on ......

Delhivery shares close 10% higher, a boost to upcoming IPOs

Infrastructure

24 May, 2022

Delhivery shares close 10% higher, a boost to upcoming IPOs

SoftBank-backed Delhivery Ltd debuted on the Indian stock exchanges with an over 1% opening but closed at a 10% premium to ......

PE giant Advent mops up $25 bn for its tenth fund

Finance

24 May, 2022

PE giant Advent mops up $25 bn for its tenth fund

Global private equity player, Advent International (Advent) on Tuesday announced the completion of fund-raising for its tenth flagship fund “Advent ......