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PORTER NET PROFIT
Porter logs 57% revenue growth in FY25, turns profitablePorter, an on-demand logistics aggregator, saw its operating revenue rise 57% to Rs 4,306 crore in FY25, turning profitable with a net prof...
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.
Logistics startup Porter set to close extended funding round of upto $300 million: sourcesThe extended funding round size would be around $300-310 million, according to people with knowledge of the matter. Of this, around $250-26...
ET Startup Awards 2025 | Startup of the Year: Strong governance, brand equity win day for this Urban CompanyThe jury chose Urban Company from a stellar list of nominees after debating extensively the relative merits of the founding teams and the p...
PixelSky Capital raises Rs 150 crore in first close, targets Rs 400-crore corpusPixelSky Capital, backed by IndigoEdge and Hitesh Ahuja, has secured Rs 150 crore in its first close, targeting a Rs 400-crore corpus. The ...
Delhivery to expand rapid commerce, on-demand logistics offeringsDelhivery is expanding its Rapid Commerce service to more cities, planning to add 35-40 dark stores by fiscal year-end. This move follows t...
Nykaa block deal; VC funding reportOne of Nykaa’s early investors is offloading a part of his stake through a $150-million block deal. This and more in today's ETtech Top 5.
Delhivery will expand rapid delivery service to all major cities by year-end: CEO Sahil BaruaDelhivery's service is currently live only in the national capital region and the southern IT hub of Bengaluru, but the company aims to rap...
Flipkart‘s quick breather; Now hiring: AI leadersHappy Tuesday! Flipkart is going slow on the expansion of its quick commerce service to control costs. This and more in today’s ETtech Morn...
Several Indian startups end FY24 with better bottom line amid funding challengesMore than two dozen startups in India improved their financial performance in FY24 with a revenue of over Rs 500 crore. Startups like Purpl...
Has the luxury e-commerce bubble burst?More brands and more products in more geographical regions. More sales. Beyond the eye-watering spending required to build the infrastructu...
Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleetXtreme, which was launched late last month, targets both small and large merchants for delivering small packages intracity on the lines of ...
ET Startup Awards 2023: ZopSmart's resilience makes it winner in the Comeback Kid categoryFive-year-old ZopSmart is a bootstrapped venture that provides tools to build e-commerce businesses, omnichannel businesses and digital com...
How power players from the Middle East are diversifying their million-dollar investmentsAbu Dhabi's twofour54, a film production and media zone, facilitated the Abu Dhabi shoot of the last Star Wars movie.
6 PIO-led firms among 100 fastest-growing business in US: FortuneCompanies were ranked overall by revenue growth over the five-year period between 2009 and 2013 as well as within their respective industry...
- Did 2004 Olympics spark Greek financial crisis?
Governments in the Greek capital of Athens haven't balanced a budget in nearly 40 years, and the country narrowly averted bankruptcy in May...
- Bhutan's orange traders hit by dollar dip
Bhutan is witnessing good value for its orange exports in dollar terms, compared to last year.