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cash burn

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India's top startups doubled revenue but lost $5 bn last year

TMT

23 March, 2023

India's top startups doubled revenue but lost $5 bn last year

Indian tech startups, which reined in their cash burn in 2020-21 as the Covid-19 pandemic disrupted businesses and forced companies ......

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In Charts: How much cash did India's top-funded startups burn in FY18?

TMT

12 April, 2019

In Charts: How much cash did India's top-funded startups burn in FY18?

India’s heavily funded technology startups are growing at a breakneck speed even though they have shifted gears downwards and have ......

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India's top startups logged $2.8 bn loss on $7.7 bn revenue in FY18: VCCircle study

TMT

08 April, 2019

India's top startups logged $2.8 bn loss on $7.7 bn revenue in FY18: VCCircle study

The combined revenue of India’s highest-valued technology startups grew at a fast clip in the financial year 2017-18, according to ......

Festive season sales to burn $400 mn hole in e-tailers' pockets

TMT

22 September, 2017

Festive season sales to burn $400 mn hole in e-tailers' pockets

Indian e-commerce firms are together expected to burn a whopping $370-400 million (about Rs 2,400-2,600 crore) on an estimated gross ......

Ola burnt around Rs 3 for every Re 1 in revenue in FY15

TMT

23 June, 2016

Ola burnt around Rs 3 for every Re 1 in revenue in FY15

Ola, India's largest on-demand cab hailing service, burnt as much cash as the country’s top three legacy online travel agencies—MakeMyTrip, ......