startups
Manufacturing
Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target
SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but likely missed ......
Finance
Bottomline: VC-backed LoanTap's AUM shrinks, NPAs jump amid funding delay
LoanTap, a digital lending startup that offers customised loans to salaried professionals, is going through a tough phase with its ......
TMT
Prosus-owned PayU India shuts down prepaid credit card unit LazyCard
PayU India has shut its prepaid payment instrument LazyCard that it launched at the beginning of 2022, the company’s parent ......
TMT
CoinDCX CEO Sumit Gupta on tax jolt in India, UAE plans and EBITDA aim
Amid regulatory uncertainty around virtual digital assets in India, crypto-exchange platform CoinDCX recently invested in Dubai-based crypto exchange BitOasis. However, ......
Manufacturing
How Ola Electric's service network is feeling the strains of success
Bhavish Aggarwal, India's answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation ......
TMT
SoftBank-backed Unicommerce's FY23 revenue jumps over 50%, profit up 7.7%
Ecommerce enablement software platform Unicommerce reported a 52.5% jump in its revenue from operations for the financial year through March ......
Finance
FMO-backed NeoGrowth speeds up revenue, profit growth after turning the corner
Fintech lender NeoGrowth, which came out of the red in the year through March to mark a turnaround from the damage caused by ......
TMT
Zomato, Swiggy get notice for $90 mn in unpaid taxes
India's top organization for indirect taxes has issued notices on unpaid taxes worth about 7.5 billion rupees ($90 million) to ......
TMT
ED slaps $1.1 bn notice to Byju's for forex law violations; firm denies
India's federal financial crime-fighting agency has issued a show-cause notice to ed-tech company Byju's for alleged violations of foreign exchange ......
Infrastructure
Bottomline: IndiQube looking at 40% revenue growth in FY24
Flexible office spaces provider IndiQube, which reported a net profit last fiscal after four consecutive years of net losses, is ......
