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Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision fundsLenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according t...- Sensex erases all Middle East war losses but is it too soon to forget the Hormuz factor?Sensex and Nifty have recovered all their losses since the Middle East war began, driven by record FII buying, easing crude prices and stro...
- Sensex scales 82,200 for first time since Mideast war began, Nifty above 25,350. More gains ahead?The Indian stock market rallied sharply on Thursday, with Sensex crossing 82,200 and Nifty surpassing 25,350 for the first time since the M...
- MSCI rejig: LIC, Meesho, Coforge set to gain from index inclusion. How much inflows could they attract?MSCI’s November index rejig will add LIC, Coforge, Meesho and Adani Green to its Standard Index, while removing PI Industries. Nuvama estim...
- Festive online sales hit Rs 1.4 lakh crore, up 17%, but miss forecastsThe season had been expected to hit a record Rs 1.50-1.55 lakh crore in GMV, up 25-29% from last year. GMV is total value of goods sold by ...
- Online festive sales miss estimates; Munjal steps down as Unacademy CEOHapppy Thursday! Online festive sales grew, but fell short of expectations amid weak smartphone demand.This and more in today’s ETtech Morn...
- Qcomm’s Diwali boost; Energy startups attract fundsHappy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
- UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
- Prosus widens India fintech play after years of consumer internet betsThe Amsterdam-listed technology investor is also close to investing in artificial intelligence-led credit management startup Oolka, people ...
- From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billionThe Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it one of India’s largest consumer int...
- Rising tech costs drive EMI sales; Shadowfax Q2 profit soarsHappy Friday! Shoppers are turning to EMIs as electronics prices rise. This and more in today’s ETtech Morning Dispatch.
- Meesho sees near-term margin pressure as it reinvests in growthThe value commerce platform’s September quarter results on Wednesday showed its contribution margin rising to 6% of net merchandise value (...
- Cyberattacks hit NBFCs; Pine Labs Q2 profit zoomsCyber criminals are targetting smaller NBFCs with specialised AI toolkits. This and more in today’s ETtech Top 5.
- Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautiousMeesho shares fell nearly 3% after Q2 FY27 net loss narrowed 68% year-on-year to Rs 132 crore, while revenue rose 34% to Rs 4,132 crore. Br...
- Meesho Q2 loss narrows; Info Edge names Sanjeev Bikhchandani CEOHappy Thursday! Meesho’s losses shrunk as revenue grew in the second quarter of FY27. This and more in today’s ETtech Morning Dispatch.
- Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon EnergyIndian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares ...
- Meesho expects stronger Q3 growth due to change in festive sale timelineThe first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% YoY. Its transacting customers incr...
- Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEOMeesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
- Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%Meesho’s Q2 FY27 net loss narrowed 67.8% to Rs 132.45 crore, while revenue surged 34.4% to Rs 4,131.58 crore. Rising user engagement, stron...
- Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending risesBank of America expects revenue of Rs 4,130 crore and a net loss of Rs 141 crore for the quarter. Jefferies estimates revenue of Rs 4,064 c...
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