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Chaayos' FY22 loss widens as focus towards hiring, Esop raises expenses

Consumer

30 November, 2022

Chaayos' FY22 loss widens as focus towards hiring, Esop raises expenses

Tiger Global-backed beverage chain Chaayos has reported a widening loss of Rs 71 crore for FY22 against Rs 52 crore ......

Xpressbees narrows losses, turns operationally profitable in FY22

Finance

15 November, 2022

Xpressbees narrows losses, turns operationally profitable in FY22

Logistics provider Xpressbees, operated by BusyBees Logistics Solutions Pvt. Ltd, narrowed its net loss to Rs 27.1 crore for FY22 ......

Blinkit's marketplace arm's FY22 loss widens to over Rs 1,000 crore

Finance

15 November, 2022

Blinkit's marketplace arm's FY22 loss widens to over Rs 1,000 crore

Zomato-owned Blinkit's marketplace arm Blink Commerce Pvt. Ltd reported its FY22 loss at Rs 1,019 crore against Rs 381.7 crore ......

Lenskart posts a loss in FY22 after a profitable FY21

Consumer

10 November, 2022

Lenskart posts a loss in FY22 after a profitable FY21

Omnichannel eyewear retailer Lenskart, on Wednesday slipped into a net loss of Rs 102.3 crore in FY22 as against a ......

UpGrad losses widen as employee, ad costs increase

Finance

10 November, 2022

UpGrad losses widen as employee, ad costs increase

Upskilling edtech unicorn upGrad widened its losses nearly three times to Rs 626.6 crore in the financial year (FY) ended ......

Paytm's net loss widens in the September quarter

Finance

07 November, 2022

Paytm's net loss widens in the September quarter

Digital financial services firm One97 Communications, which operates under the Paytm brand name, on Monday reported a widening of consolidated ......

PB Fintech's Q2 net loss narrows

Finance

07 November, 2022

PB Fintech's Q2 net loss narrows

PB Fintech Ltd, the parent of online insurance aggregator PolicyBazaar on Monday, narrowed its losses in the quarter-ended September 2022.  The ......

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) from Rs 429 crore ......

Shiprocket's revenue climbs 70% in FY22

TMT

26 October, 2022

Shiprocket's revenue climbs 70% in FY22

Logistics unicorn Shiprocket has logged a 70% year-on-year (YoY) jump in its topline at Rs 611 crore in the year ......

Premium
Why startups are leaving Esop expenses out of Ebitda calculations

Finance

07 October, 2022

Why startups are leaving Esop expenses out of Ebitda calculations

Indian startups are increasingly reporting financial statements that do not strictly adhere to accounting norms, resulting in concealment of disclosures ......