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INSHORTS LOSSES
FDI tunes into media: Q4 funding doubles with big bets on news, OTT, and football flairThe Information and Broadcasting sector in India saw fluctuating Foreign Direct Investment. It almost doubled in the fourth quarter of fisc...- Dailyhunt parent VerSe’s internal controls inadequate, says Deloitte auditDeloitte has flagged internal control deficiencies at VerSe Innovation that could potentially lead to material misstatements in aspects suc...
- Inshorts cofounder Azhar Iqubal announces new venture Fenado AIFenado AI is a platform that lets users create apps and websites without coding. It is designed for early-stage startups, small businesses ...
- InShorts posts flat revenue in FY24, net loss falls 26% to Rs 228 croreInShorts, an online news aggregator, makes most of its revenue from ads on its app. The numbers are for InShorts’ Indian entity, which is a...
- Hyperlocal news startup Way2News raises $14 million in funding from existing backer WestBridge, othersWay2News, a hyperlocal news platform, has raised $14 million in funding led by WestBridge Capital. The funds will help expand its presence ...
- InShorts Azhar Iqubal steps down from CEO role; cofounder Deepit Purkayastha to take overAzhar Iqubal started InShorts in 2013. InShorts compiles daily news highlights spanning national, global, political, business, sports, tech...
- InShorts' Azhar Iqubal steps down from CEO role; cofounder Deepit Purkayastha to take overAzhar Iqubal, the co-founder and CEO of online news aggregator InShorts, has transitioned to the role of chairman, while co-founder Deepit ...
- Online news aggregator InShorts sees FY23 losses swell by a third to Rs 309 croreOperating revenue rose 8.7% to Rs 180.90 crore in FY23 from Rs 166.37 crore the year before, according to its financial statements filed wi...
- Petrol and diesel prices cut after 24 days, as crude oil slips 10% in eight days
- Flipkart co-founder Sachin Bansal invests Rs 650 crore in OlaLargest personal bet in domestic internet sector to help Ola’s Aggarwal keep firm control on company.
- A message for Kavin Mittal’s Hike: Wanting to be lord of the apps may not be enoughHike’s decline also reveals the ruthlessness of the space it was operating in — if any social media company does not evolve at fast as the ...
- need2know: 9 macro cues for your day on D-StreetThe government plans to give electricity consumers the freedom to choose the supplier like in mobile number portability.
- Volatile environment, huge pressure to perform drive startup employees into depressionThe young and restless ecosystem is turning dreams into nightmares. A Psychologist says the number of patients from startups has gone up tw...
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