startups
TMT
Bigspoon faces heat as angel investor alleges fraud, vendor mulls legal action
Cloud kitchen startup Bigspoon Foods Pvt. Ltd, which claimed it raised Rs 100 crore ($12.9 million then) last year, is ......
TMT
Swiggy looking at public debut next year
Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to ......
TMT
Quikr's revenue declines for the third year in row
Online classified platform Quikr’s revenue for the financial year-ended 2022 fell around 19% to Rs 49.1 crore compared to Rs ......
TMT
How Covid-19 pushed Warburg-backed Capillary to change tack in growth drive
When Covid-19 first hit businesses worldwide three years ago, software-as-a-service company Capillary Technologies India Ltd counted Asia as its main ......
TMT
Prosus-backed Urban Company narrows losses in FY23 as revenue grows
Gurugram-based home services unicorn Urban Company narrowed its losses in the last financial year to Rs 308.4 crore from Rs ......
Consumer
Bottomline: Absolute Barbeque FY23 margins stagnant despite steady topline growth
Absolute Barbeque Pvt. Ltd, which operates casual dining chain Absolute Barbecues, reported a mild growth in its margin for the ......
TMT
Swiggy valuation cut again, now less than half its peak $10.7 bn tag
A US-based public markets investor has again cut its estimate of Indian food delivery unicorn Swiggy's valuation even as the ......
People
Byju's ropes in former Infosys executive as HR advisor
Troubled edtech startup Byju's said on Monday that it has roped in Richard Lobo as an exclusive advisor for its human resources function. The appointment follows up ......
Consumer
Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise
Online beauty and personal care (BPC) retailer Nykaa’s profit for the first quarter of FY23 slowed to 8% against 45.5% ......
TMT
Offshore online gaming firms must register business in India or appoint proxy to pay tax
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint ......
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