🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
BCCL targets Rs 40,000 Cr topline by FY30
YourStory
·
1y ago
Medial
Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India, aims to achieve a revenue of Rs 40,000 crore by FY30 through increased production and diversification. BCCL plans to expand its production capacity from 41 million tonnes per year to over 100 million tonnes, with a capital expenditure of Rs 3,000 crore by FY30. The company also plans to increase its production of washed coal, leading to import substitution and cost savings. BCCL is inviting bids for the development of coal washeries to attract steel sector participation. Additionally, BCCL is venturing into coal bed methane (CBM) and solar power.
View Source
Related News
Nykaa eyes Rs 6,000 crore GMV from in-house brands by FY30, ramps up fashion and AI bets - The Economic Times
Economic Times
·
1m ago
Medial
Nykaa plans to increase the GMV of its in-house brands to Rs 6,000 crore by FY30, focusing on AI integration and fashion expansion. The Superstore B2B platform is being extended to more retailers, with express delivery services being piloted. Gen Z accounts for significant beauty and personal care spending, and the company targets mid-20% growth in its core beauty business. Nykaa is also prioritizing AI for personalized shopping and customer service enhancements.
View Source
'Faster mining nods key to meet '30 aluminium goals'
Economic Times
·
26d ago
Medial
India's aluminium vision for 2030 demands faster mining approvals and local recycling. The plan targets 50 MTPA bauxite production by FY30 and 150 MTPA by FY47. Current bauxite production is stagnant, while aluminium demand and production grow. Industry leaders recommend accelerating mining operations in resource-rich states and expediting clearance processes. Enhanced exploration and consistent policies are essential to meet increasing domestic aluminium demand, which could double by 2030 and rise further by 2047.
View Source
Kidswear startup Biglilpeople raises Rs 4 Cr in seed round
YourStory
·
1m ago
Medial
Bengaluru-based kidswear startup Biglilpeople has raised Rs 4 crore in seed funding, led by angel investors and Capwise Financial Services. The company plans to enhance its retail and ecommerce operations, strengthen customer experience, and expand its design and R&D teams. With a FY25 revenue of Rs 2.6 crore, Biglilpeople aims for a Rs 10 crore topline in FY26. Founded in 2021, the startup offers clothing and baby care products, and recently opened its flagship store in Bengaluru.
View Source
Nykaa in-house brands cross Rs 2,100 GMV in FY25 - The Economic Times
Economic Times
·
4d ago
Medial
Nykaa’s House of Brands, encompassing seven beauty and five fashion lines, achieved a GMV of Rs 2,100 crore in FY25, marking a 52% CAGR over five years. The parent company, FSN E-Commerce, aims for a GMV target of Rs 6,000 crore by FY30. Beauty and fashion sales contributed 75.5% and the remainder, respectively, to Nykaa's overall GMV of Rs 15,604 crore. Notable growth was seen in products like Dot & Key.
View Source
Cabinet Approves INR 1,000 Cr VC Fund For Space Sector
Inc42
·
9m ago
Medial
The Union Cabinet has approved a venture capital fund of INR 1,000 Cr under IN-SPACe, as announced by Finance Minister Nirmala Sitharaman. The funds will be deployed from FY26 to FY30, with average investments ranging from INR 10 Cr to INR 60 Cr. Factors such as the company's stage, growth trajectory, and potential impact on the national space sector will determine the exact investment amounts.
View Source
B2B commerce: ShopKirana’s route to Rs 1,000 cr revenue
The Arc Web
·
1y ago
Medial
ShopKirana, a B2B commerce platform, experienced a 50% increase in gross revenues, from Rs 452 crore to Rs 682 crore, in the past year. The platform helps grocers order goods, manage inventory, and make payments through its app. With operations in 15 cities, ShopKirana aims to reach a topline run rate of Rs 1,000 crore in FY24. It also plans to launch lending for store owners, expand distribution for regional brands, and promote its private food brand, KisanKirana. The company has raised over $55 million in funding to date.
View Source
Dezerv reports Rs 26 Cr revenue and Rs 75 Cr loss in FY24
Entrackr
·
8m ago
Medial
Dezerv, a company backed by Premji Invest, reported a revenue of Rs 26.25 crore and a loss of Rs 74.53 crore for the fiscal year ending March 2024. The revenue grew by 160% compared to the previous year, while losses increased by 95.1%. The total income for the year was Rs 26.33 crore, with significant expenses in employee costs (Rs 63.34 crore), marketing (Rs 18.48 crore), legal (Rs 4.13 crore), and miscellaneous expenses (Rs 14.89 crore), totaling Rs 100.84 crore. The company’s ROCE was -64.9% and EBITDA margin was -267.45%. Dezerv had cash and bank balances of Rs 100 crore and current assets worth Rs 122 crore. In FY23, the company had a revenue of Rs 10.22 crore and a loss of Rs 38.20 crore. The company raised $60 million in funding, with investors including Premji Invest, Elevation Capital, Matrix, and Accel. Dezerv targets high net-worth individuals (HNIs) with an investment threshold ranging from Rs 15 lakhs to several crore rupees, focusing on portfolio management services for working professionals.
View Source
Co-living startup Truliv raises strategic investment from BCCL
Entrackr
·
1m ago
Medial
Co-living startup Truliv raises strategic investment from BCCL Co-living startup Truliv has entered into a strategic equity partnership with Bennett, Coleman and Company Limited (BCCL) at a valuation of Rs 356.50 crore. The Chennai-based company had earlier raised 2.1 million US dollars in a seed funding round from DRA Homes and other investors. According to a press release, the fresh funds will be used to expand Truliv’s footprint into new cities, strengthen its technology platforms, and build out the next set of alternate asset classes in hospitality including holiday homes and retirement living. Founded in 2019 by Rohit Reddy and Ranjeeth Rathod, Truliv is a subsidiary of DRA and is focused on transforming the alternate asset class hospitality sector in India. The company aims to deliver impactful and future-ready living solutions that cater to the evolving needs of diverse demographic segments. Operating through a built-to-suit, asset-light model, Truliv says its approach blends real estate efficiency with hospitality finesse. Its high occupancy properties serve the growing base of mobile professionals, digital nomads, and young urban migrants in India. Truliv currently operates in the holiday homes segment as its second asset class, with several more offerings under development. Its upcoming portfolio includes student housing, retirement communities, and nature-centric living solutions. Each offering is designed to redefine residential experiences through innovation, quality, and lifestyle integration. With plans to scale into new cities and diversify into emerging segments like holiday homes, retirement living, and nature-centric stays, the company is projected to generate Rs 200 crore in annual revenue within the next three years.
View Source
Tata Motors Shares Climb as Auto Giant Announces Nearly ₹35,000 Cr Investment in 5 Years
OutlookIndia
·
1m ago
Medial
Tata Motors announced an ambitious investment plan of ₹33,000 to ₹35,000 crore over the next five years, boosting its share prices by 1.50% on the National Stock Exchange. The auto giant aims to increase its market share in the passenger vehicle segment to 18-20% by FY30 and the commercial vehicle segment to 40% by FY27. The company plans to launch 7 new vehicles and enhance its electric vehicle offerings and infrastructure.
View Source
TBO reports Rs 418 Cr revenue and Rs 61 Cr profits in Q1 FY25
Entrackr
·
12m ago
Medial
Business focused travel distribution platform Travel Boutique Online (TBO) has announced its first quarterly results since going public. The Gurugram-based company saw an increase in both revenue and profit during the first quarter of the current fiscal year. TBO’s operating revenue increased by 13.4% to Rs 418.46 crore in Q1 FY25 from Rs 369 crore in Q4 FY24, its unaudited consolidated financial statements sourced from National Stock Exchange (NSE) show. Income from booking of hotels and packages accounted for 76.63% of TBO’s revenue which increased to Rs 227 crore in Q1 FY25. Meanwhile, income from air ticketing brought Rs 23 core to the firm’s topline. When it comes to cost, TBO’s total expense grew by 11.1% to Rs 358.4 crore in Q1 FY25 from Rs 322.62 crore in Q4 FY24. Services fee was the largest cost center which accounted for 38.7% of the total expense. This expenditure stood at Rs 139 crore in Q1 FY25. The company also spent Rs 82.16 crore on salaries and other employee benefit schemes. TBO growth in scale enabled the firm to post a 31.3% spike in profits to Rs 60.91 crore in Q1 FY 25 from Rs 46.39 crore in Q4 FY24. For context, the company posted Rs 200 crore profits during FY24. The company went public in May this year, raising Rs 400 crore through a fresh issue and offering up to 12,508,797 equity shares for sale. As of August 13, TBO Tek is trading at Rs 1,632, with a total market capitalization of Rs 17,721 crore (around $2.1 billion).
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in