Top News of Today (12th August 2024):
1) Wealth-tech startup Centricity to raise Rs. 125 Cr ($15 mn) at Rs. 800 Cr ($100 mn) valuation.
2) MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25.
3) Payment gateway and PoS firm Innoviti closes Series E fundi
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Anonymous 1
Stealth • 5m
MapMyIndia posts 35cr profit in "Q1 FY25".
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Mahendra Lochhab
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Blinkit has reported revenue of ₹942 crore in Q1 FY25.
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Harsh Dwivedi
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Top News of the Week:
1. Funding:
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Top News of the Day:
1. Ola Electric shares extend listing-day gains; jump 20%
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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
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Vaibhav Babruwan Shingde
Stealth • 19h
Revenue Breakdown of Quick Commerce Companies (Q3 FY25)!
• In Q3 FY25, Zomato reported ₹5,405 crores in revenue with a net profit of ₹59 crores, which fell by 57.3% compared to Q3 FY24.
• Meanwhile, Blinkit independently reported ₹1,399 crores in r
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Chamarti Sreekar
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Qualcomm and MapmyIndia have partnered to boost "Make in India" automotive solutions.
They aim to improve connectivity, convenience, and safety for cars and two-wheelers.
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Vivek kumar
Stealth • 19d
Reliance Industries faces challenges across key segments:
1. Oil-to-Chemical (O2C): Declining global demand and falling exports led to a 23% drop in EBITDA in Q2 FY25.
2. Jio Digital Services: While revenue grew by 17.7%, recent tariff hikes cause