Zepto’s cash burn and the high-stakes game of quick commerceFounded by two Stanford dropouts, quick commerce upstart Zepto has carved out its space alongside Zomato's Blinkit and Swiggy's Instamart. ...
07 Jan, 2025, 04.41 PM IST
Snapdeal's FY23 consolidated loss narrows to Rs 282 croreThe company's loss-reduction measures also led to revenue decreasing to Rs 388 crore in FY23 from Rs 564 crore in FY22.
30 Dec, 2023, 03.00 PM IST
Elon Musk’s Starlink to snag Satcom licence soon; Zepto bags another $31 millionStarlink, a subsidiary of Elon Musk’s SpaceX, may soon get a licence to operate in the satellite communications space, having apparently sa...
08 Nov, 2023, 08.34 PM IST
Zomato extends profits in Q2; top startup voices at ET Soonicorns SummitGurugram-based food delivery company Zomato saw an improved bottomline for Q2 FY24, but even more remarkable was the positive contribution ...
03 Nov, 2023, 07.42 PM IST
Mamaearth parent Honasa Consumer sees IPO going in the right directionHonasa Consumer’s Rs 1,700 crore IPO opened for public subscription on Tuesday. It is offering the shares at a price band of Rs 308-324 eac...
01 Nov, 2023, 06.00 AM IST
2022 Year in Review: the biggest stories in technology & startups this yearFrom controversies and regulatory diktats to high-profile exits and en masse layoffs, 2022 was a turbulent year for the tech industry.
28 Dec, 2022, 10.24 PM IST
Fashion e-tailer Voonik asks staff to forgo 3 months’ salaryThe affected workforce is largely in product development and customer support, while the operations team won’t be a part of this move, at l...
14 Nov, 2017, 09.31 AM IST
Top stocks in focus on Thursday, 27 July 2017Here is a list of top stocks that are likely to be in focus in today's session.
27 Jul, 2017, 09.20 AM IST
Myntra brokers better deal with foreign brands for JabongMyntra is now trying to bring Jabong back to financial health after the Gurgaon-based company lost sheen over the years as costs rose and l...
15 Dec, 2016, 12.48 AM IST
Flipkart-owned Myntra pips Snapdeal and Future Group, acquires Jabong for $70 millionThe transaction caps months of seesawing talks between Global Fashion Group and Kinnevik, the owners of Jabong, and multiple Indian suitors.
27 Jul, 2016, 10.47 AM IST
Race to acquire fashion portal Jabong hots up; Alibaba, Future Group and Myntra top biddersEven Snapdeal is said to be in the fray, but may not be an aggressive bidder. The asking price is said to be $250-300 million but the deal ...
04 Jul, 2016, 08.28 AM IST
Jabong's revenue up 14% at Rs 243.78 crore for Q1 of 2016Rival of Myntra, Voonik and Koovs, is now planning to shed several low-margin brands, including three-fourth of its private labels, in a bi...
31 May, 2016, 11.07 PM IST
SITI Cable in talks to acquire DEN; deal pegged at Rs 2,000 crore"SITI wants to expand its footprints via inorganic route and is talks with DEN. This will give it a strong foothold in Delhi and Uttar Prad...
04 May, 2016, 12.42 PM IST
Paytm's payments business has made operational profit: CEO Vijay Shekhar Sharma"The number of repeat users is relatively higher compared to horizontal e-commerce companies, where transaction rates are higher," Sharma s...
23 Jan, 2016, 11.27 AM IST
Jabong's sale talks fail over valuation mismatchThe Alibaba-backed Paytm had entered into discussions for buying Jabong but the payments services firm has logged out of the race.
20 Oct, 2015, 11.27 AM IST
Jabong H1 net revenue at Rs 410.7 croreJabong has reported net revenue of Rs 410.7 crore for the six months ended June 30, registering a modest 26.5% year-onyear growth.
01 Oct, 2015, 07.40 AM IST
Entrepreneurship: Look at 10 venture-funded cos like Snapdeal, Flipkart & how their valuations have changedFueling this are top venture capital investors and hedge funds flush with capital driving up valuations in a market where financial metrics...
27 Feb, 2015, 04.44 AM IST