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Bottomline: Auxilo's profit, AUM on high growth path; asset quality improves

Finance

12 March, 2024

Bottomline: Auxilo's profit, AUM on high growth path; asset quality improves

Non-banking financial institution Auxilo Finserve Pvt. Ltd, which snagged $57 million from Tata Capital, Trifecta and Xponentia Capital last year, ......

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Bottomline: PE-backed Drools keeps revenue growth in focus, faces profit pressure

Consumer

11 March, 2024

Bottomline: PE-backed Drools keeps revenue growth in focus, faces profit pressure

Drools Pet Food Pvt Ltd is likely to maintain revenue momentum in the fiscal year that ends March 31 even ......

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Bottomline: Cars24's lending arm turns a corner but faces rising bad loans

Finance

07 March, 2024

Bottomline: Cars24's lending arm turns a corner but faces rising bad loans

Cars24 Financial Services Pvt. Ltd, the non-banking finance company (NBFC) wholly owned by used-car marketplace Cars24, has boosted its topline ......

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Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too

TMT

02 February, 2024

Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too

Non-banking lender axio, which counts Lightrock, Amazon, Elevation Capital, Sequoia Capital and Ribbit Capital amongst its investors, improved its revenue ......

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Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Finance

30 January, 2024

Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Hiveloop Capital, the NBFC subsidiary of business-to-business e-commerce unicorn Udaan recorded a decline in its revenue for FY23, even as ......

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Bottomline: Affirma-backed nutraceuticals maker Tirupati's financial see-saw continues

Healthcare

25 January, 2024

Bottomline: Affirma-backed nutraceuticals maker Tirupati's financial see-saw continues

Nutraceuticals maker Tirupati Medicare recorded a hit in operational margin in FY23 after fluctuations last fiscal, even as the company’s ......

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Bottomline: PE-backed IBS Software accelerates growth amid travel boom

TMT

23 January, 2024

Bottomline: PE-backed IBS Software accelerates growth amid travel boom

IBS Software Pvt. Ltd, a provider of software products and services to aviation and hospitality companies, has managed to accelerate ......

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Bottomline: InvAscent-backed Symbiotec has struggled to break out; will FY25 be different?

Healthcare

19 January, 2024

Bottomline: InvAscent-backed Symbiotec has struggled to break out; will FY25 be different?

Homegrown corticosteroid and hormones API-maker Symbiotec Lifesciences Pvt. Ltd’s revenue and profitability took a hit in FY23, even as the ......

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Bottomline: PE-backed Carzonrent bounced back but lack of tailwinds restricts revival

Consumer

18 January, 2024

Bottomline: PE-backed Carzonrent bounced back but lack of tailwinds restricts revival

Car rental and corporate travel service Carzonrent India Pvt. Ltd has yet again hit a roadblock after seeing a recovery ......

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Bottomline: Bessemer-backed digital media firm Hungama's business just fell off a cliff

TMT

16 January, 2024

Bottomline: Bessemer-backed digital media firm Hungama's business just fell off a cliff

Homegrown digital media and entertainment venture Hungama Digital, which publishes and distributes audio and visual content, has slipped into wider ......