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Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

Bengaluru-based Ola Electric Mobility has set a price band of Rs 72-76 per share for its IPO, which will open for subscription on Friday, August 2. This values the company at Rs 33,522 crore or $4 billion, marking a 30% decrease from its December 2

Fresh Bus, the Bengaluru-based EV bus startup backed by Ixigo has raised Rs 43.7 crore ($5.23M) in its Series A funding round. Maniv Mobility led the round with Rs 35.68 crore, joined by Riverwalk Holdings. The company aims to raise Rs 100 crore in

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

Zomato and Swiggy are the "Karan and Arjun of the entrepreneurial world." The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,499 crore and an offer for sale (OFS) of 17.51 shares worth ₹6,828 crore. S

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

🥳🤯 The government of Uttar Pradesh has received proposals for projects totalling around Rs 40,038 crore under its new policy to incentivise semiconductor manufacturing and attract global investments in the state, its investment promotion agency Inv

Income of Cult.fit Crosses Rs 1,000 Crore in FY24 Fitness technology company Cult.fit has achieved a major point in FY24. The company achieved a total income of over Rs 1,000 crore consistently to depict the growth trend. This major accomplishment i

Ixigo IPO will see VCs reaping bumper returns📈 Key investors include⤵️ - Elevation Capital (Previously SAIF) - ₹63 crore invested, ROIC ⏩ ~13X - Peak XV - ₹67 crore invested, ROIC ⏩ ~8X Fun Fact: MakeMyTrip, Ixigo's biggest competitor, was also a

On average, male founders earned eight times their female peers in FY23, according to a PrivateCircle research on 114 Indian unicorns. The report also showed that male founders took home a median of Rs 1.8 crore, while their female counterparts earn