startups
People
Byju's ropes in former Infosys executive as HR advisor
Troubled edtech startup Byju's said on Monday that it has roped in Richard Lobo as an exclusive advisor for its ......
Consumer
Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise
Online beauty and personal care (BPC) retailer Nykaa’s profit for the first quarter of FY23 slowed to 8% against 45.5......
TMT
Offshore online gaming firms must register business in India or appoint proxy to pay tax
The Indian government has mandated offshore online gaming companies operating in the country to register the business ......
TMT
Krafton earmarks $150 mn more to invest in Indian gaming startups
South Korean gaming company Krafton, Inc., which has invested in Indian entertainment and gaming startups like Kuku FM, ......
Consumer
Battle of the brewers: How VC-funded and bootstrapped beer startups stack up
If you happened to find yourself in a bar in Delhi before the Covid-19 pandemic hit, you would have come ......
People
Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax
Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed ......
Consumer
WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy
Edtech unicorn Lead School, which counts private equity firm WestBridge Capital and venture capital firm GSV ......
Finance
Bottomline: Did mPokket overcome write-off woes with profit growth in FY23?
Micro loan-focused fintech startup mPokket’s net profit rose marginally for the financial year ended 31 March 2023, ......
TMT
Zomato reports first-ever net profit on back of tax credit
Foodtech major Zomato reported its first net profit on Thursday propelled by a tax gain, a quarter ahead of its ......
TMT
How Upstox plans to stay buoyant in a receding bull run, slowing customer growth
Online stock broking unicorn Upstox, which is backed by institutional investors like Kalaari Capital, Tiger Global and ......