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2 mins read
Bleeding bad: Ola roughly spent Rs 4 for every rupee earned during 2015-16
"They spent almost Rs 8.5 for every rupee earned in 2014 -15. That number is down to almost Rs 4 fo…
1 min read
Flipkart may reduce workforce by up to 7%, affecting 1,500 employees
E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2…
3 mins read
Coca-Cola India's spending on brands to be highest in H2
Beverage major Coca-Cola is going to have its highest-ever spending on brands in the second half of…
PTI
2 mins read
Former BharatPe founder Ashneer Grover pens memoir called 'Doglapan'
Former BharatPe Founder and CEO Ashneer Grover has written his memoir called 'Doglapan' (double sta…
2 mins read
Ashneer Grover blames Zomato's Blinkit acquisition for its share price fall
Former BharatPe Co-founder and managing director Ashneer Grover said on Tuesday that Zomato should …
4 mins read
Swiggy reports nearly three-fold increase in annual revenue, in neck and neck race with Zomato
Revenue of food delivery giant Swiggy has grown 2.8 times in the last one year, between June 2020 a…
2 mins read
An Indian skin care products startup gets a $750 million valuation with $50 million cheque for new acquisitions
Mamaearth, founded by Ghazal Alagh and Varun Alagh, will use the funding to double down on its o…
8 mins read
Three unicorns, hundreds of crore in loss and very little market share — What's the hype around online car retailers?
In this same time span, CarTrade has hit the public market and Droom has formally announced its …
1 min read
Airtel Payments Bank raises Rs 225 cr from Bharti Airtel, Bharti Enterprises
New Delhi, Jan 29 () Airtel Payments Bank has raised close to Rs 225 crore from Bharti Airtel and B…
PTI
2 mins read
Foodpanda losses widen to Rs 756.4 cr in FY19, co optimistic over higher revenue
New Delhi, Dec 24 () Foodpanda, owned by ride-hailing company Ola, has posted a wider loss of Rs 75…
PTI
4 mins read
Mondelez eyes a bigger bite in the premium biscuit market as it launches a new variant, Oreo Double Stuf in India
Oreo launches a new variant in India, its third-biggest market, to increase its consumer base
2 mins read
Facebook India's net profit doubles in fiscal 2020 whereas Google only saw a 23.9% increase
The net profit increased by over 107 per cent to Rs 135.7 crore in FY20 as compared to Rs 65.3 c…
PTI
3 mins read
Patanjali’s Acharya Balkrishna is the biggest loser on Hurun’s Rich List of Indian billionaires
According to Hurun’s Rich List 2021, Balkrishna’s estimated net worth dipped by 32% — more than …
1 min read
Amazon pumps in over Rs 1,700 cr into India units
New Delhi, Jan 14 () E-commerce giant Amazon has pumped in over Rs 1,700 crore into its payments an…
PTI
1 min read
Flipkart-owned PhonePe receives Rs 585.6-cr infusion from parent firm
New Delhi, Dec 10 () Flipkart-owned digital payments company PhonePe has received a fund infusion o…
PTI
1 min read
Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20
When contacted, Grofers CEO and co-founder Albinder Dhindsa said, "Grofers GMV (gross merchandise …