Tag: Business News India
Neo Secures Fresh Capital for Expansion
Neo, a prominent wealth and asset management firm headquartered in Mumbai, has successfully secured Rs 32 crore (approximately $4 million) through a private placement round. This marks the company’s initial… Continue reading Neo Secures Fresh Capital for Expansion
Waycool Reports Robust Revenue Growth, Targets Break-Even
B2B food and agriculture technology platform, Waycool, has declared a substantial revenue of Rs 1,600 crore, setting its sights on achieving operational profitability in the current fiscal year. While the… Continue reading Waycool Reports Robust Revenue Growth, Targets Break-Even
Acko Acquires OneCare in Strategic Move to Expand Healthcare Services
Insurtech firm Acko has purchased digital chronic care management company OneCare in an all-cash transaction. This acquisition aligns with Acko’s broader vision of becoming a comprehensive healthcare provider, extending beyond… Continue reading Acko Acquires OneCare in Strategic Move to Expand Healthcare Services
Captain Fresh Expands Global Footprint with Koral Acquisition
Bengaluru-based seafood supply chain behemoth, Captain Fresh, has announced a strategic acquisition of Koral, a Poland-based producer and distributor of premium salmon products. This deal, finalized with Abris Capital Partners… Continue reading Captain Fresh Expands Global Footprint with Koral Acquisition
Exotel’s Growth Comes at a Cost: Losses Mount Despite Revenue Increase
Exotel, a cloud telephony platform, has released its financial results for the fiscal year ending March 2023 (FY23). While the company experienced revenue growth, its pursuit of expansion has resulted… Continue reading Exotel’s Growth Comes at a Cost: Losses Mount Despite Revenue Increase
Flipkart Expands Payment Services with New Recharge and Bill Pay Options
Flipkart has announced a significant expansion of its digital payment services, introducing five new recharge and bill payment categories. Customers can now manage Fastag recharges, DTH subscriptions, landline bills, broadband… Continue reading Flipkart Expands Payment Services with New Recharge and Bill Pay Options
Mira Kapoor Joins Perfectly Average as Brand Representative
Jewellery label Perfectly Average has signed Mira Kapoor as its latest brand ambassador. This collaboration is considered a perfect match because Kapoor represents elegance, grace, and contemporary sensibility. “We are… Continue reading Mira Kapoor Joins Perfectly Average as Brand Representative
Paytm Maintains Footing in UPI Market Despite Restrictions
Paytm, a pioneer in QR-based payments and digital sound payments (Soundbox), appears to be regaining its footing in the Unified Payments Interface (UPI) ecosystem. The company has managed to hold… Continue reading Paytm Maintains Footing in UPI Market Despite Restrictions
Ola Cabs Switches to In-House Ola Maps, Saving Costs and Promising New Features
Ride-hailing leader Ola Cabs has made a significant switch, transitioning from Google Maps to its very own Ola Maps platform. This strategic move is expected to generate substantial annual savings… Continue reading Ola Cabs Switches to In-House Ola Maps, Saving Costs and Promising New Features
Zepto’s Projected Exponential Growth in 2024
Zepto, a major player in the quick commerce sector, is set to experience substantial growth, with CEO Aadit Palicha forecasting revenues to reach Rs 2.5 lakh crore within the next… Continue reading Zepto’s Projected Exponential Growth in 2024
