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Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%

TMT

30 September, 2024

Cred narrows FY24 loss by reining in marketing expense, revenue jumps 66%

Serial entrepreneur Kunal Shah’s fintech startup Cred managed to narrow its operating loss to Rs 609 crore in the financial ......

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Bottomline: Incofin-backed Save Group back in black FY24, but profit still a third of FY21

Finance

27 September, 2024

Bottomline: Incofin-backed Save Group back in black FY24, but profit still a third of FY21

Save Solutions Pvt. Ltd (Save Group), which offers credit in rural areas of India, returned to the black on a ......

Zerodha reports double-digit growth in FY24 revenue, profit; warns of big bumps ahead

Finance

25 September, 2024

Zerodha reports double-digit growth in FY24 revenue, profit; warns of big bumps ahead

Discount brokerage firm Zerodha, which competes with the likes of institutional investors-backed Groww and Upstox, has reported a double-digit growth ......

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VC-backed Astrotalk doubles FY24 revenue, eyes repeat performance

TMT

20 September, 2024

VC-backed Astrotalk doubles FY24 revenue, eyes repeat performance

Astrotalk, backed by New York-based venture capital firm Left Lane Capital and domestic growth-stage investor Elev8 Venture Partners, is aiming to ......

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Daalchini doubles revenue in FY24, aims for an encore in FY25

Consumer

28 August, 2024

Daalchini doubles revenue in FY24, aims for an encore in FY25

Daalchini Technologies Pvt. Ltd, a retail startup backed by investors such as Artha Venture Fund and Unicorn India Ventures, has nearly doubled its ......

Carlyle's Q2 profit falls 11.7%, misses estimates

Finance

05 August, 2024

Carlyle's Q2 profit falls 11.7%, misses estimates

Private equity firm Carlyle Group reported a larger-than expected 11.7% year-on-year drop in second-quarter distributable earnings on Monday, as record ......

KKR's Q2 net income soars 49% on higher fees

Finance

01 August, 2024

KKR's Q2 net income soars 49% on higher fees

Private equity group KKR & Co said on Wednesday its second-quarter adjusted net income jumped 49% year-on-year, driven by an ......

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 ......