startups
TMT
Krafton earmarks $150 mn more to invest in Indian gaming startups
South Korean gaming company Krafton, Inc., which has invested in Indian entertainment and gaming startups like Kuku FM, Nodwin Gaming, ......
Consumer
Battle of the brewers: How VC-funded and bootstrapped beer startups stack up
If you happened to find yourself in a bar in Delhi before the Covid-19 pandemic hit, you would have come ......
People
Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax
Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed ......
Consumer
WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy
Edtech unicorn Lead School, which counts private equity firm WestBridge Capital and venture capital firm GSV Ventures among its investors, doubled its revenue in the financial year ended March 31, 2023 and continued ......
Finance
Bottomline: Did mPokket overcome write-off woes with profit growth in FY23?
Micro loan-focused fintech startup mPokket’s net profit rose marginally for the financial year ended 31 March 2023, despite a significant ......
TMT
Zomato reports first-ever net profit on back of tax credit
Foodtech major Zomato reported its first net profit on Thursday propelled by a tax gain, a quarter ahead of its ......
TMT
How Upstox plans to stay buoyant in a receding bull run, slowing customer growth
Online stock broking unicorn Upstox, which is backed by institutional investors like Kalaari Capital, Tiger Global and IntraEdge, is looking ......
TMT
Chari's Belkhayat on building a Moroccan version of Udaan, Khatabook and Paytm combined
Chari, a B2B ecommerce platform that seeks to help small retailers source goods in Morocco, has made headlines for attracting ......
Manufacturing
IPO-bound Ola Electric records $136 mn loss for FY23
India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million in ......
TMT
KKR-backed unicorn o9 Solutions looks to maintain growth pace, gears up for listing
Enterprise AI unicorn o9 Solutions is aiming to maintain a high pace of growth on the back of its recent ......