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KISSHT REVENUE FALL
Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.- Kissht to launch Rs 926 crore IPO on April 30; targets Rs 3,062 crore valuationDigital lending platform Kissht is preparing for its initial public offering. The IPO is scheduled to launch on April 30. Kissht aims to ra...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Qcomm’s ad revenue push; Paytm swings to blackHappy Wednesday! Quick commerce firms want to make up for mounting losses with ad revenue. This and more in today’s ETtech Morning Dispatch.
- Kissht reports fall in FY25 revenue; net profit at Rs 160 croreSlowdown in business driven by macroeconomic factors which impacted unsecured consumer lending business. The IPO-bound startup is only proc...
- Macquarie downgrades Paytm; IT headcount drops againGlobal brokerage Macquarie has downgraded Patym’s stock and slashed its target price following the recent action by the central bank. This ...
- Google unveils Bard, Baidu announces Ernie in AI chatbot battle; Paytm up 20% as investors repose confidenceIt’s been barely three months since OpenAI’s chatbot ChatGPT went live, and we already have Big Tech firms throwing their hat in the ring t...
- More cost cuts at Indian startups as funding plummets; LazyPay, Kissht hit by Govt app banFaced with a severe fund crunch, big and small startups are now shedding non-core businesses as part of further steps to cut costs. While i...
- MeitY ban on loan apps includes non-Chinese players too; Dell to lay off 6,650 employeesOn Sunday, the Indian government issued orders to block 138 betting and gambling apps and 94 loan providing apps due to foreign links on an...
- Tata Neu misses first-month sales target; MeitY plans online gaming rulesAfter several delays, Tata Digital’s ‘super app’ Neu was launched on April 7 to coincide with the IPL, of which the Tata group was the titl...
- Paytm: The AftermathPaytm's wretched market debut -- after it conducted India's biggest IPO -- has already sent ripples through India's wider fintech and start...
- Ola to get pre-IPO boost; A91 says investors 'feel like a commodity'Ride-hailing firm Ola, which has seen its business recover gradually over the past few months, is set for a pre-IPO funding round that coul...
- A raft of companies want you to ditch old payment habitsA new crop of payment offerings are aiming to eliminate failure in online transactions. Their solution? Let the customer pay later.
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