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PORTER REVENUE GROWTH
Blinkit dominates qcomm; Porter's profitable yearBlinkit has surged ahead in India's 10-minute delivery sector, boasting a market share of over 50%. This and more in today's ETtech Top 5.
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...
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...
Vashishtha Luxury Fashion IPO opens for subscription today. Check GMP, price band and other detailsVashishtha Luxury Fashion, a Mumbai-based export house, launched its IPO on Friday, aiming to raise Rs 8.87 crore. The IPO, priced at Rs 10...
Zomato and Temasek-backed Shiprocket pre-files DRHP with Sebi for IPOShiprocket IPO: The proposed IPO is anticipated to be in the range of Rs 2,000 to Rs 2,500 crore, according to an earlier report by ET. It ...
Taking on Porter, Uber launches logistics service Courier XL for delivery of large goodsUber has launched Courier XL in Delhi NCR and Mumbai, enabling delivery of large goods up to 750kg using three- and four-wheelers. Aimed at...
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.
States chase chip billions; Porter’s unicorn roundHappy Friday! Uttar Pradesh and Gujarat are moving swiftly to attract major electronic component manufacturers with new incentive schemes. ...
Porter joins unicorn club with $200 million funding round; valuation hits $1.2 billionThe funding round for the on-demand logistics platform marked the exit of its early investors -- Peak XV Partners fully sold off its positi...
Fake news frenzy post Operation Sindoor; Porter’s unicorn roundFollowing India’s Operation Sindoor, social media platforms are battling fake content and disinformation. This and more in today’s ETtech T...
IMF reaches agreement with Pakistan for $7 billion extended fund facilityThe International Monetary Fund announced on Friday that it has reached a staff-level agreement with Pakistan for a $7 billion, 37-month lo...
F&B, quick commerce log 40-50% sales jump on T20 final nightIndia’s nail-biting final match with South Africa on June 29 and the eventual historic victory drove up sales and revenues of food and beve...
Facebook owner Meta starts final round of layoffsMeta in March became the first Big Tech company to announce a second round of mass layoffs, after showing more than 11,000 employees the do...
Voice AI startup Skit raises $23 million to fuel its US expansion plansFounded in 2016 by Sourabh Gupta and Akshay Deshraj, Skit has a suite of speech and language solutions that allow enterprises to automate t...
New investor Sequoia, others deliver Rs 202 cr to logistics firm BlackbuckSequoia Capital had closed its sixth India-focussed fund in August at $695 million, making it the biggest venture capital firm in the count...
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...
- Cheque De: With Rs 25K cr surplus, Railways can work wonders
The investible surplus estimated for 08-09 is pegged at Rs 19,992 crore, leaving the railways as an underleveraged entity.