ElasticRun
TMT
Softbank-backed ElasticRun trims loss as focus on regional brands improves margins
Business-to-business e-commerce platform ElasticRun cut its losses by about half in the financial year ended March 2024, as a shift ......
General
Barring Byju's write-off, how Prosus' India portfolio fared in FY24
Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......
Finance
ElasticRun FY22 loss widens to Rs 373 crore
Softbank-backed business-to-business (B2B) online commerce platform ElasticRun’s loss widened to Rs 373 crore in the financial year 2022, up from ......
TMT
Big ticket PE investments drive deal activity in Q1; value up 92% at $9.4 bn
India Inc witnessed a 92% increase in investment value to $9.4 billion with 441 deals recorded until March end of ......
TMT
We can turn profitable in 18-24 months, if we want: ElasticRun's CEO
ElasticRun, operated by Ntex Transportation Services Pvt Ltd, on Thursday said it raised $332 million funding round led by Softbank ......
Infrastructure
SoftBank, Prosus, others help ElasticRun join unicorn club with $300 mn funding
Japan’s SoftBank Group, Prosus Ventures and Goldman Sachs have led a $300 million funding round in Pune-based logistics startup ElasticRun, ......
TMT
Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory
Dealmaking value in the fourth week of the financial year topped the blockbuster first week that saw the birth of ......
TMT
Logistics-tech startup ElasticRun hauls in $40 mn from Prosus Ventures, others
Logistics and distribution firm ElasticRun has raised $40 million (approximately Rs 283.97 crore at current exchange rates) in a funding ......
General
Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun
Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of ......
TMT
Norwest, Kalaari invest more into logistics tech startup ElasticRun
Pune-based Ntex Transportation Services Pvt. Ltd, which runs logistics startup ElasticRun, has raised close to Rs 60 crore ($8 million) ......
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