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LICIOUS OPERATIONAL RESET
Licious narrows FY24 net loss by 44%, revenue down 8% to Rs 685 croreBengaluru-based Licious attributed the revenue drop to the closure of distribution channels, especially Dunzo, along with a reduction in ex...
16 Oct, 2024, 07.42 PM IST
RBI scanner on gold loan startups; setback for P2P lending firmsHappy Wednesday! After the central bank's action on IIFL Finance, concerns have been raised over gold loan evaluation by fintechs and their...
01 May, 2024, 10.18 AM IST
Time for a reset: Paytm’s opportunity to get back to basics; and other top stories this weekThe stringent action by the Reserve Bank of India (RBI) against Paytm Payments Bank could have a positive fallout. It can actually push One...
10 Feb, 2024, 07.29 AM IST
Board exits at Paytm bank; Mamaearth’s Q3 profit up 265%Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments bank’s board in December, w...
09 Feb, 2024, 08.19 PM IST
Licious lays off 80 employees as part of 'operational reset'The impacted employees are being offered two months’ salaries as compensation, along with the variable payment for FY24, it added in a stat...
09 Feb, 2024, 07.41 PM IST
Seed funding outshines overall deal growth in 2022Seed-stage deals rose to about $1.5 billion in 2022, up 86% from $805.2 million in 2021. The number of deals, however, fell to 396 in 2022 ...
05 Jan, 2023, 12.41 PM IST
Conserve cash, cut burn, turn profitable: ETtech State of Startups SurveyTop founders, investors & internet execs polled amid tech winter. 64% of respondents see funding crunch easing in second half; 87% open to ...
30 Dec, 2022, 10.33 AM IST