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Akshit Pushkarna @ Inc42 Media · 10/22/2024 12:40 EDT

Paytm’s Four-Step Plan To Revive Its Revenue Machine

Paytm may have reported profitability in Q2 FY25, but it also knows that this is not the real deal. The… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/22/2024 11:53 EDT

MPL Parent M-League’s FY24 Revenue Jumps 22% To $128 Mn

M-League, the parent of gaming unicorn Mobile Premier League (MPL), said its operating revenue jumped 22% to $127.9 Mn in… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 10/22/2024 10:39 EDT

CCPA Sends Notices To 11 Ecommerce, Quick Commerce Companies

The Central Consumer Protection Authority (CCPA) has reportedly sent notices to 11 ecommerce and quick commerce companies, including Blinkit, Zepto,… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/22/2024 09:08 EDT

Yatra Shares Fall Nearly 6%, Touch All-Time Low

Shares of online travel aggregator (OTA) Yatra slumped 5.9% during the intraday trading on Tuesday (October 22) to touch an… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/22/2024 08:20 EDT

Info Edge Gets Nod To Invest INR 30 Cr In Its Subsidiary Redstart Labs

Online classified company Info Edge’s committee of executive directors has approved investment of INR 30 Cr (around $3.5 Mn )… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/22/2024 08:18 EDT

Blinkit Sees Decline In Market Share In Delhi NCR

Zomato’s quick commerce arm Blinkit is witnessing a decline in its market share in Delhi NCR, as the company has… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/22/2024 07:46 EDT

GlobalBees Infuses INR 4.5 Cr Into Dynamic IT Solution

GlobalBees, a subsidiary of kids-focused omnichannel retailer FirstCry, has invested INR 4.5 Cr in Dynamic IT Solution Private Limited,  reflecting… Read more ›

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Inc42 Media
Krithika K L @ Inc42 Media · 10/22/2024 07:41 EDT

OYO Enters Corporate Travel Space With B2B Venture

Hospitality major OYO has rolled out a new B2B product, designed to meet corporate travel and event planning needs across… Read more ›

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Inc42 Media
Amit Singh @ Inc42 Media · 10/22/2024 07:26 EDT

Blinkit Q2 Revenue More Than Doubles YoY To INR 1,156 Cr

Zomato’s quick commerce arm Blinkit posted a revenue of INR 1,156 Cr in the September quarter of the financial year… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/22/2024 06:43 EDT

Zomato To Acquire 8% Stake In Kitchen Appliance Maker Byondnxt

Foodtech major Zomato is acquiring a 8% stake in innovative kitchen appliances maker Byondnxt. In an exchange filing, Zomato said… Read more ›

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Inc42 Media
Akshit Pushkarna @ Inc42 Media · 10/22/2024 06:32 EDT

Zomato Gets Board Nod To Raise INR 8,500 Cr Via QIP

Foodtech major Zomato has received its board’s nod to raise up to INR 8,500 Cr (about $1 Bn) via qualified… Read more ›

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Inc42 Media
Tapanjana Rudra @ Inc42 Media · 10/22/2024 06:25 EDT

Zomato’s Q2 Profit Declines 30% QoQ To INR 176 Cr

Foodtech major Zomato’s consolidated net profit slumped 30% to INR 176 Cr in the September quarter (Q2) of the financial… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/22/2024 06:01 EDT

Zouk Pockets $10 Mn To Capitalise On Its D2C Lifestyle Offerings

Mumbai-based D2C lifestyle brand Zouk has secured $10 Mn (around INR 84 Cr) in a Series B funding round led… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 10/22/2024 05:58 EDT

Former OYO Executive Abhishek Gupta Joins Lenskart As CFO

Omnichannel eyewear unicorn Lenskart has roped in OYO’s former executive Abhishek Gupta as chief financial officer (CFO). “After 9 amazing… Read more ›

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Inc42 Media
Amit Singh @ Inc42 Media · 10/22/2024 04:57 EDT

Zomato Grants INR 53 Cr Worth Of ESOP Shares Ahead Of Q2 Results

Foodtech major Zomato today (October 22) granted nearly 20 Lakh equity shares to eligible employees under various employee stock option… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/22/2024 04:45 EDT

Paytm Inks FLDG Pact To Boost Lending Play For Merchants

Paytm’s Parent One 97 Communication has made a strategic shift in its lending operations by offering a default loan guarantee… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media 1 place · 10/22/2024 02:57 EDT

CoinSwitch Alleges WazirX Moved Crypto Worth $73 Mn Post Data Breach

CoinSwitch’s cofounder and chief executive Ashish Singhal has reportedly alleged WazirX of transferring over $73 Mn in cryptocurrency to other… Read more ›

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Inc42 Media
Amit Singh @ Inc42 Media 1 place · 10/22/2024 02:43 EDT

Paytm Slumps 6% After Clocking INR 930 Cr Profit In Q2

Shares of Paytm nosedived almost 6% to INR 683.8 apiece on the BSE in early trading hours today (October 22)… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media · 10/22/2024 02:42 EDT

Exclusive: Phi Commerce Launches Platform For Lenders To Streamline Payments Across Multiple Channels

Payment solutions provider Phi Commerce has launched a new platform, designed to cater to the needs of lenders across industries… Read more ›

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Inc42 Media
Amit Singh @ Inc42 Media 2 place · 10/22/2024 01:54 EDT

Paytm Back In The Black With INR 930 Cr Profit In Q2

Fintech major Paytm returned to the black in the September quarter of the financial year 2024-25 (Q2 FY25).  The Vijay… Read more ›

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