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Posted inMarket

Lendingkart Turns Profitable, Records INR 118.8 Cr PAT in FY23

In a financial tale worth noting, Lendingkart, the digital lending platform tailored for Micro, Small, and Medium Enterprises (MSMEs), has turned a significant corner. The fiscal year ending March 2023…
Posted by cepat December 23, 2023
Posted inMarket

After BYJU’S Denial, ED Says Issued Show Cause Notice For FEMA Violation Of INR 9,362 Cr

In a recent development, the well-known edtech behemoth BYJU’S in India is now being investigated by the Enforcement Directorate (ED) for possible violations of the Foreign Exchange Management Act (FEMA),…
Posted by cepat November 22, 2023
Posted inMarket

ixigo Back In The Black As Travel Rebounds, Crosses INR 500 Cr Revenue Milestone

Le Travenues Technology Limited, the parent company of the traveltech startup ixigo, reported a consolidated net profit of INR 23.4 Cr in the fiscal year 2022–23 (FY23), indicating a sharp…
Posted by cepat November 17, 2023
Posted inMarket

SoftBank Likely To Have Offloaded 2.51% Stake Worth INR 747 Cr In Delhivery: Report

Delhivery, a logistics company situated in Gurugram, recently saw a sizable ownership deal involving Japanese corporation SoftBank, marking a milestone in the Indian logistics industry. On November 17, roughly 2.51%…
Posted by cepat November 17, 2023
Posted inMarket

EOW Uncovers Ashneer Grover, Madhuri Jain’s Alleged Money Trail In INR 81 Cr BharatPe Fraud Probe

The Economic Offences Wing (EOW) is investigating a complicated web of alleged fraud involving former co-founder Ashneer Grover, his wife Madhuri Jain Grover, and others, which is causing financial instability…
Posted by cepat November 15, 2023
Posted inStartup

BlueStone Earned INR 771 Cr in FY23: Ratan Tata-Backed Jewellery Retailer Achieves Strong Growth

What is the performance of Bluestone in FY23? Ratan Tata-backed BlueStone, an omnichannel jewellery brand, earned INR 771 crore in operating revenue in the financial year ended March 31, 2023…
Posted by cepat November 1, 2023
Posted inMarket

Groww’s Revenue Crosses INR 1,000 Cr Mark, Posts Profit Of INR 449 Cr In FY23

Groww is one business that has been at the forefront of this progress in the tremendous shift of the Indian financial technology (fintech) scene. Unexpectedly, the stock brokerage platform with…
Posted by cepat October 25, 2023
Posted inMarket

Mamaearth Parent Honasa To Launch IPO On Oct 31 At INR 10,500 Cr Valuation

The well-known direct-to-consumer (D2C) beauty and personal care brand Mamaearth’s parent company, Honasa Consumer Limited (HCL), is preparing for a big turning point in its history. The company has declared…
Posted by cepat October 23, 2023
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