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Stealth • 7m

New launches] ▪️ Upstox forays into insurance distribution [Financial results this week] ▪️ MamEarth-parent Honasa posts Rs 1,920 Cr revenue, Rs 110 Cr PAT in FY24 ▪️ Nykaa posts Rs 6,386 Cr revenue and Rs 40 Cr PAT in FY24 ▪️ Paytm revenue grows 25% and nears Rs 10,000 Cr in FY24 ▪️ Tracxn posts flat scale in FY24; profit declines 80% [News flash this week] ▪️ Ixigo gets SEBI nod for IPO; Oyo withdraws listing plans ▪️ Pine Labs receives Singapore Court nod to shift base to India ▪️ Go Digit makes entry into public market at 5% premium ▪️ MamaEarth’s parent Honasa is the top ad violator of FY24 ▪️ Dunzo’s key investor, Lightbox steps down from the board ▪️ Paytm to halt postpaid loans, pauses small personal loans biz [Conclusion]

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