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kapil jadhav

Stealth • 7m

Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of this year. But, considering its FY23 results, it still seems like a distant dream. On the other hand, Zomato made a profit of INR 116.90 Crore in FY23. Total revenue was 5506.90 Crores. ________________________________________ Market Share Supremacy In 2020, Swiggy reigned supreme with a 52% market share. In the three years since, it has ceded market share to its arch-rival, with it’s market share falling to 45 percent.

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Mahendra Lochhab

Stealth • 1m

X (formerly Twitter) reported total annual revenue of Rs 21.16 crore for FY23-24 in the Indian market, a significant decrease of 89.81 per cent from Rs 207.69 crore in FY 2022-23.

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Top News of Today (10th Oct 2024): 1) B2B robotics startup Haber raises Rs. 317.2 Cr ($38 Mn) in Series C. 2) Assistive technology startup Social Hardware raises Rs 3.2 Cr. 3) Equirus InnovateX Fund leads Rs. 8.3 Cr ($1 Mn) round in data engineering

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Mr Z

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During the COVID-19 lows, HAL had a market cap of Rs 17500 Cr Yesterday HAL added Rs 17500 crs+ in market cap in less than 15 minutes! There are days and years when nothing happens and days where everything happens!

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