Lender Oxyzo’s revenue rises 34% to Rs 1,207 crore in FY25; net profit up 17%Oxyzo Financial Services, the lending arm of OfBusiness, witnessed a 33.6% surge in operating revenue, reaching Rs 1,207 crore in FY25, fue...
29 May, 2025, 05.28 PM IST
India preps low-cost AI push; PB Fintech’s financialsHappy Friday! The government formally began its push to build a foundational AI model on Thursday. This and more in today’s ETtech Morning ...
31 Jan, 2025, 07.43 AM IST
Oxyzo Financial Services Q2 operational revenue up 8%, net profit at Rs 82 croreThe loan book of the NBFC arm of OfBusiness climbed to Rs 6,850 crore by the end of the September quarter from Rs 6,600 crore at the end of...
28 Nov, 2024, 07.25 PM IST
OfBusiness FY24 operating revenue up 26% on year to Rs 19,296 croreFor FY24, OfBusiness reported Rs 19,296.27 crore revenue (up 25.7%) and Rs 602.97 crore profit (up 30%). Total expenses rose due to stock-i...
08 Jul, 2024, 08.01 PM IST
More incentives for EVs; online discount bonanza coming upIndia’s new EV policy may be amended to include incentives for automakers who already have a presence in the country. This and more in toda...
08 Jul, 2024, 07.45 PM IST
Mutual funds gravitating to new-age firms; global tech centres buck hiring trendNew-age companies are seeing increased interest from domestic mutual funds, who have upped their shareholding in these firms over the last ...
09 Nov, 2023, 09.15 AM IST
Amidst a funding winter, large startups show healthier balance sheets; and other tech stories this weekWhile some startups have shown profits, even those who haven’t been able to get into the black yet reported strong revenue and Ebitda numbe...
28 Oct, 2023, 09.12 AM IST
IT slowdown to hit appraisals; Ghazal Alagh on Mamaearth’s growth strategyPay increases at top tier Indian IT firms could halve from a year ago as the $245-billion industry faces a major slowdown. This and more in...
27 Oct, 2023, 08.16 AM IST
OfBusiness FY23 operating revenue doubles to Rs 15,432 crore; profit at Rs 463 croreFounded in 2015 by Asish Mohapatra, Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta and Nitin Jain, OfBusiness serves as a marketplace for small ...
26 Oct, 2023, 09.06 PM IST
Mamaearth parent sets IPO price band; Meta's ad biz boosts Q3 profitsMamaearth parent Honasa Consumer has set a price band of Rs 308-324 per share for its upcoming initial public offering (IPO). This and more...
26 Oct, 2023, 07.48 PM IST
Winners of The ET Startup Awards 2023 to be feted today, and other top tech, startup stories this weekThe Economic Times Startup Awards, honoring Indian entrepreneurs, will take place in Bengaluru. The winners across eight categories were an...
07 Oct, 2023, 07.27 AM IST
All roads in Bengaluru lead to ETSA 2023; IT industry searches for greener pasturesThe biggest names in India’s startup galaxy, top entrepreneurs, policymakers and investors will congregate to celebrate the country’s brigh...
06 Oct, 2023, 10.25 AM IST
Tata group’s B2B digital push; banking agents expand into credit, insuranceBusiness correspondents (BCs) are being roped into the government’s financial inclusion plans in a big way. Besides providing traditional s...
18 Aug, 2023, 12.40 PM IST
Stock investment firms eye tax relief on foreign equity purchase; Indian-American Neal Mohan is new YouTube CEONew-age stock investing platforms are planning to write to the government seeking exemption for foreign equity investment use cases from th...
17 Feb, 2023, 09.11 AM IST
SoftBank's Masayoshi Son is bullish on Paytm IPO amid muted launchThe Paytm IPO will be a "great event" for SoftBank, CEO Masayoshi Son says. “I believe Paytm should grow significantly...and valuation-wise...
09 Nov, 2021, 10.44 AM IST
ETFs send Bitcoin on a wild rideThe launch of two Bitcoin ETFs — ProShares ETF and Valkyrie Bitcoin Strategy ETF — has caused Bitcoin price to fluctuate wildly, even by it...
23 Oct, 2021, 01.54 PM IST
Amazon clarifies legal fees to minister; Ola Electric lands $200MAmazon has written to Commerce Minister Piyush Goyal, claiming its legal fees in India for FY20 were Rs 52 crore and not Rs 8,546 crore. In...
01 Oct, 2021, 08.54 AM IST