Tag: Indian Business News

Business

MedGenome Acquires Stake in GenX Diagnostics

MedGenome, a leading player in genomics-driven diagnostics and research services, has announced a strategic partnership with GenX Diagnostics. This acquisition of a stake in the Odisha-based diagnostics chain promises to… Continue reading MedGenome Acquires Stake in GenX Diagnostics

July 12, 2024
Business

Tata 1mg Shifts Focus to Profitability in FY24, Reduces Losses by 75%

After two years of rapid growth, Tata 1mg, a leading e-pharmacy platform, adopted a more cautious approach in fiscal year 2024 (FY24). While revenue continued to rise, the company prioritized… Continue reading Tata 1mg Shifts Focus to Profitability in FY24, Reduces Losses by 75%

July 10, 2024
Business

Blackbuck Gears Up for IPO in 2024

Blackbuck, a leading online platform for truckers, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to launch an initial public offering… Continue reading Blackbuck Gears Up for IPO in 2024

July 9, 2024
Business

Wow Skin Science’s Parent Company Makes a Splash in Cosmetics with Color Cupid

Body Cupid, the company behind the popular personal care brand Wow Skin Science, has announced its foray into the cosmetics market with the launch of Color Cupid. This new brand… Continue reading Wow Skin Science’s Parent Company Makes a Splash in Cosmetics with Color Cupid

July 9, 2024
Business

Smartworks Takes a Step Towards IPO, Transitions to Public Company

Smartworks, a leading provider of co-working spaces in India, has taken a significant step towards a potential initial public offering (IPO) by converting itself into a public company. This move… Continue reading Smartworks Takes a Step Towards IPO, Transitions to Public Company

July 8, 2024
Funding

Lobb Secures $2.9 Million in Funding to Drive Expansion

Lobb, a digital freight brokerage platform supported by 3one4 Capital, has successfully raised $2.9 million from high net worth individuals, including serial entrepreneur Rajesh Voddiraju and Sharada Nandakumar, CEO of… Continue reading Lobb Secures $2.9 Million in Funding to Drive Expansion

July 8, 2024
Technology

Swiggy Launches Innovative “Eatlists” Feature for Streamlined Food Discovery and Sharing

Swiggy, India’s dominant food delivery platform, has unveiled a groundbreaking feature called “Eatlists.” This exciting innovation empowers users to create and share personalized food recommendations directly within the app. Designed… Continue reading Swiggy Launches Innovative “Eatlists” Feature for Streamlined Food Discovery and Sharing

July 8, 2024
Business

Ixigo Reports Strong Financial Performance in FY24

Le Travenues Technology Limited, the parent company of online travel platform Ixigo, announced impressive financial results for the fiscal year ending March 2024 (FY24). The company experienced a significant increase… Continue reading Ixigo Reports Strong Financial Performance in FY24

July 5, 2024
Business

Unacademy Streamlines Operations Through Layoffs, Focuses on Profitability

Unacademy, a leading company in the educational technology (edtech) sector, has undergone a round of layoffs impacting 250 employees. The move comes as part of a company-wide restructuring initiative aimed… Continue reading Unacademy Streamlines Operations Through Layoffs, Focuses on Profitability

July 3, 2024
Business

Unicommerce Receives SEBI Nod for IPO

Unicommerce eSolutions Limited, a leading SaaS company empowering retail and e-commerce operations, has secured approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering… Continue reading Unicommerce Receives SEBI Nod for IPO

July 3, 2024