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MakeMyTrip becomes profitable in Q3

TMT

31 January, 2023

MakeMyTrip becomes profitable in Q3

MakeMyTrip, the Nasdaq-listed travel service provider on Tuesday reported its “highest-ever” quarterly gross bookings and adjusted operating profit for the ......

Tiger Global-backed Vedantu ropes in former PwC executive as its CFO

Consumer

13 January, 2022

Tiger Global-backed Vedantu ropes in former PwC executive as its CFO

Edtech unicorn Vedantu Innovations Pvt Ltd has roped in Pankaj Jain, a former PwC executive, as the company’s Chief Financial ......

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Fund Scan: How Inventus won over Indian LPs and why it shuns buzzy startups

Finance

19 June, 2020

Fund Scan: How Inventus won over Indian LPs and why it shuns buzzy startups

When Inventus Capital Partners set out to raise its third venture capital fund in late 2016, it had planned to ......

Inventus bets on motorcycle safety gear maker BluArmor

Consumer

30 January, 2019

Inventus bets on motorcycle safety gear maker BluArmor

Early-stage investor Inventus Capital Partners, which backs Indian and US startups, has placed a bet on Bengaluru-based AptEner Mechatronics Pvt. ......

Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

TMT

23 January, 2018

Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

Ratan Tata-backed artificial intelligence firm Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a chatbot-based virtual assistant on ......

Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra

TMT

01 September, 2017

Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra

MakeMyTrip Ltd, India’s largest online travel agency (OTA), is focussing on its hotel business to drive revenue and growth. The ......

Why Inventus' Kanwal Rekhi doesn't regret giving Flipkart, Snapdeal a miss

TMT

17 March, 2017

Why Inventus' Kanwal Rekhi doesn't regret giving Flipkart, Snapdeal a miss

Kanwal RekhiMany moons ago, Kanwal Rekhi and John Dougery, the founding partners of Inventus Capital, carefully examined two fledgling ......

Forest fire blazing through Indian startup ecosystem: Inventus' Kanwal Rekhi

TMT

01 March, 2017

Forest fire blazing through Indian startup ecosystem: Inventus' Kanwal Rekhi

Kanwal Rekhi, co-founder and managing director at VC firm Inventus Capital Partners, has been a known sceptic of the capital-intensive ......

Travelyaari raises $7 mn from BCCL, GVFL

TMT

10 August, 2016

Travelyaari raises $7 mn from BCCL, GVFL

Online bus booking platform Travelyaari has raised $7 million in its Series B round led by Gujarat Venture Finance Ltd ......