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‘Startup founders turn to profitability amid funding winter'

TMT

08 February, 2023

‘Startup founders turn to profitability amid funding winter'

As the funding winter continues to plague India’s startup ecosystem, founders have now shifted their focus to profitable businesses over ......

Paytm can hit EBITDA profitability by March 2023: Goldman Sachs

Finance

17 January, 2023

Paytm can hit EBITDA profitability by March 2023: Goldman Sachs

Fintech major Paytm may hit adjusted Ebitda (earnings before interest, taxes, depreciation, and amortization) profitability by March 2023, six months ......

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Ather Energy aims $1 bn revenue target for this year

Consumer

09 January, 2023

Ather Energy aims $1 bn revenue target for this year

Electric scooter maker Ather Energy expects to achieve $1 billion in revenue in 2023 and turn profitable in the next ......

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Focus on profitability, consolidation to continue in 2023, VCs say

People

01 January, 2023

Focus on profitability, consolidation to continue in 2023, VCs say

The pains for startups, after a tumultuous 2022, are expected to get worse as we hop into the new year.  In ......

Chaayos' FY22 loss widens as focus towards hiring, Esop raises expenses

Consumer

30 November, 2022

Chaayos' FY22 loss widens as focus towards hiring, Esop raises expenses

Tiger Global-backed beverage chain Chaayos has reported a widening loss of Rs 71 crore for FY22 against Rs 52 crore ......

Xpressbees narrows losses, turns operationally profitable in FY22

Finance

15 November, 2022

Xpressbees narrows losses, turns operationally profitable in FY22

Logistics provider Xpressbees, operated by BusyBees Logistics Solutions Pvt. Ltd, narrowed its net loss to Rs 27.1 crore for FY22 ......

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Lenskart optimistic about this FY

Consumer

15 November, 2022

Lenskart optimistic about this FY

SoftBank-backed eyewear retail chain Lenskart aims to turn profitable on a consolidated level while sharply growing the revenue of its ......

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Curefoods looking at profitability by mid next year

Consumer

07 September, 2022

Curefoods looking at profitability by mid next year

Cloud kitchen startup Curefoods Pvt. Ltd aims to turn profitable by the middle of next year, founder and chief executive ......

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BharatPe looking at profitability within a year, says chairman Kumar

Finance

04 August, 2022

BharatPe looking at profitability within a year, says chairman Kumar

Fintech company BharatPe is transitioning from an individual-focused company to a professionally-run entity with a new board coming in, chairman ......

Zomato looking at profitability sans further dilution

Consumer

25 May, 2022

Zomato looking at profitability sans further dilution

Online food delivery aggregator Zomato is looking at profitability without raising more capital, Akshant Goyal, chief financial officer, said on ......