Indians spending a record $31.7 billion overseas in FY24, up 17% from the previous year, despite the introduction of tax collection. International travel is the biggest expense.
0 replies7 likes
More like this
Recommendations from Medial
ROSTOZON
Stealth • 1m
Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ₹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-
India's overseas education landscape is experiencing notable shifts, with a recent GyanDhan report indicating a 22% decline in education loan applications between March and May 2024 compared to the same period last year.
State-Specific Declines:
Te
See More
0 replies2 likes
Vikas Acharya
•
Medial • 21d
The Japandi-inspired brand NOOE has made headlines on Shark Tank India Season 4 by clinching a record-breaking ₹5 crore deal with Peyush Bansal, despite a challenging pitch. Known for its high-end products that blend Japanese minimalism and Scandinav
See More
3 replies9 likes
Akshat kumar Jain
Stealth • 1m
Have you noticed ads on Zepto, Blinkit, or other quick commerce platforms lately?
Quick commerce is no longer just about fast deliveries—it’s quietly becoming a goldmine for advertisers.
The Rise of Quick Commerce Ads
Zepto's bold move:
Zepto rec
See More
3 replies5 likes
Harsh Dwivedi
•
Medial • 3m
Top News of the Day:
1. Indian fintech giant PhonePe has reported revenue of over INR 5,000 Cr ($674 million) in FY24, making it the second startup in the country to achieve this milestone after Paytm
2. Indian SaaS Startup Funding Sees 33% YoY Spi
$160 Million Funding, 7 Years & Still Struggling!
So Momentus is a space tech company aiming to revolutionize satellite deployment.
Here’s what they do:
A rocket carries Orbital Transfer Vehicles (OTVs) to space. These OTVs, equipped with separate
Top News of the Week:
1. Funding:
- 21 Indian startups raised around $92.63 million in funding. These deals count 4 growth-stage deals and 12 early-stage deals while 5 startups kept their transaction details undisclosed.
- 4 startups raised $33.58
How Jar Became a $300 Million Company by Helping People Invest Pocket Change
So it all started when Nishchay and Misbah noticed that people often ignored small amounts left over from transactions. They found out that even small amounts can result in
Zomato Q3 FY24 Results: Growth Hits a Speed Bump 🚨📉
Zomato’s Q3 numbers are out, and the results paint a picture of slowing momentum in its food delivery business.
📊 Key Numbers:
- Gross Order Value (GOV): Grew by just 2% QoQ to ₹7,318 crore,
Pivot or Die: Brex
Who are Brex?
Pedro Dubugras and Henrique Franceschi, both originally from Brazil, taught themselves how to code from a very young age. Franceschi's coding journey began when he hacked an iPhone at just 11 years old, modifying i
