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Myntra's losses widen 39%, revenues grow over Rs 3,500 cr

Finance

28 October, 2022

Myntra's losses widen 39%, revenues grow over Rs 3,500 cr

Flipkart-owned fashion etailer Myntra’s losses widened 39% to Rs 597.6 crore during financial year 2021-2022 (FY22) ......

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Finance

28 October, 2022

PayU's revenue jumps 51% in FY22, profit touches Rs 126 cr

Prosus-owned PayU Payments Pvt Ltd on Friday reported a 51% rise in its revenue at Rs 2,130.3 crore for the financial ......

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Deals Digest: Funding value drops to $332 mn this week

Finance

28 October, 2022

Deals Digest: Funding value drops to $332 mn this week

Investments by venture capital (VC) and private equity (PE) firms dropped to $332 million this week from last week’s $......

Musk's Twitter takeover begins with firings, says ‘the bird is freed'

People

28 October, 2022

Musk's Twitter takeover begins with firings, says ‘the bird is freed'

Billionaire Elon Musk has taken ownership of Twitter with brutal efficiency, firing top executives immediately but ......

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Finance

28 October, 2022

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Flipkart Internet Pvt Ltd, which operates the e-commerce marketplace, reported its revenue at Rs 10,659 crore for the ......

Former Amazon exec joins Nykaa as CTO

People

28 October, 2022

Former Amazon exec joins Nykaa as CTO

Online fashion retailer Nykaa has appointed Rajesh Uppalapati as its chief technology officer to strengthen its position......

Jashvik Capital hits first close of maiden fund

TMT

27 October, 2022

Jashvik Capital hits first close of maiden fund

Private equity firm Jashvik Capital, which invests in mid-market healthcare and consumer sector-focused companies, on ......

SaaS firm Serosoft rakes in Rs 30 cr from SIDBI Venture Capital

TMT

27 October, 2022

SaaS firm Serosoft rakes in Rs 30 cr from SIDBI Venture Capital

Educational software and solutions company Serosoft Solutions Pvt Ltd has raised Rs 30 crore ($3.6 million) in Series A ......

Byju's secures Rs 300 cr loan from Aakash

Finance

27 October, 2022

Byju's secures Rs 300 cr loan from Aakash

Think and Learn Pvt. Ltd, which runs edtech unicorn Byju’s, has raised Rs 300 crore via a collateral-free loan from ......

Over 900 restaurants log out of Swiggy's Dineout platform

TMT

27 October, 2022

Over 900 restaurants log out of Swiggy's Dineout platform

Around 900 restaurants, including several private equity backed chains, have delisted from Swiggy’s table booking ......

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