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SHIPROCKET FINANCIAL PERFORMANCE
Shiprocket’s FY25 revenue rises 24% to Rs 1,632 crore as losses narrowThe Gurugram-based company also reduced its net loss to Rs 74 crore in FY25 from Rs 595 crore in the previous fiscal, driven by revenue gro...
Startups aim to raise over Rs 18,000 crore via IPOs in major D-Street pushIndian startups are increasingly eyeing local stock exchanges for their listings, driven by robust valuation multiples in the public market...
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.
Shiprocket on way to D-Street; Google unleashes AIShiprocket has taken a significant first step towards its public market listing. This and more in today's ETtech Top 5.
Flipkart’s $1 billion fundraise; Zomato offers to acquire ShiprocketEcommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more ...
Japan's Daiwa Securities-owned DC Advisory bolsters senior leadershipChiripal, who until recently was Spark Capital’s head of investment banking, will also be head of financial services and sponsor coverage, ...
The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
Slice alters business model; SoftBank, Sequoia want firms to join ONDCThe new rule has forced Slice, which until now offered a revolving credit line to customers, to alter its business model.
MSME can generate more profits from e-commerce: Bhanu Pratap Singh VermaHe said that some MSME units became sick, some were unable to pay their labour and due to some other reasons they were on the verge of shut...
Zomato drops 3%; board likely to ink Blinkit deal next weekShares of Zomato plunged 3 per cent to Rs 67.85 on Tuesday before trading at Rs 68.10 at 10.35 am. The scrip had settled at Rs 69.85 on Mon...
India Inc may see more staff saying bye this year: SurveyThe overall average attrition rate is projected at 19 per cent compared to the 2021 attrition rate of 12.1 per cent, show data from 100-plu...
RenewBuy appoints Gautam Bansal as CFOGautam Bansal has worked at organisations like EY, InterContinental Hotels Group, Macquarie, Shuttl, to name a few. He has been associated ...
Zomato to invest $400 million more in quick commerce; will set up a lending biz for restaurantsZomato said it saw 9% growth in revenue from operations on a quarterly basis, while its customer delivery charges shrank 22%.
Ather charges at Ola; founders drive Shark Tank’s meme-plosionAther Energy, an electric-vehicle startup backed by Hero MotoCorp, has started work on new electric scooters that promise better range and ...
Facebook: from bad to Meta-worseMeta, which on Thursday reported the first ever quarter-to-quarter drop in Facebook’s daily active users in its history, is seeing the plat...
Flipkart's sweet Diwali; chatbot firms cheer 'WhatsApp commerce'The Flipkart Group, including fashion portal Myntra, bagged a market share of around 60% during this year's Diwali sales, according to data...
Shiprocket looks to land $200m; ecomm firms begin festive season hiringShiprocket, a company that collects goods from online businesses and sends them to delivery companies, is finalising a new round of funding...