Paytm's troubles seem far from ending following the RBI's ban on its Paytm Paytments Bank earlier this year. The shutdown of its wallet business has compelled the fintech giant to implement restructuring and cost-cutting measures, resulting in sudden mass...
Byju's, once the shining star of India's edtech sector, faces a fresh wave of challenges as its controversial rights issue hits a roadblock and a US court delves deeper into the alleged disappearance of millions from a bankrupt subsidiary.
On...
The Indian startup ecosystem is witnessing a harsh reality as companies race towards initial public offerings (IPOs).
With a sharp focus on improving profitability, many startups are resorting to layoffs, leaving employees and stakeholders with a sense of unease....
May 2024 has proven to be a challenging month for Indian startups seeking funding, as evidenced by the latest data from Venture Intelligence, an analytics firm. While there was a modest increase month-over-month, the overall investments in startups fell...
Paytm, India's fintech giant facing financial headwinds, has announced a strategic shift in its insurance business. In a bid to streamline operations and conserve capital, Paytm General Insurance Ltd (PGIL) has withdrawn its application for a general insurance license...
OYO is not going public anytime soon! Oravel Stays, the parent company of OYO Hotels and Homes, has withdrawn its draft IPO prospectus filed with the Securities and Exchange Board of India (SEBI) for the second time, raising questions...
Private equity (PE) investments in India experienced a notable resurgence in Q1 2024 after experiencing a slowdown over the past few quarters. According to the latest report by Mazars India, a total of 310 PE deals worth $5.2 billion...
If you think that movie ticket sales are driving the growth of PVR Inox in India, then it's time to pay close attention to the latest financial figures of India's top multiplex.
According to PVR Inox's annual filing for FY'24,...
When a company prepares for its initial public offering (IPO), it typically undergoes various transformations, often including cost-cutting measures to improve its bottom line. In a similar vein, Ola Cabs, a prominent ride-hailing company, is preparing for its IPO...
India, with its burgeoning startup ecosystem and relentless technological advancements, is witnessing an unprecedented surge in patent filings. According to the latest report by Nasscom, approximately 82.8 thousand patents were filed in India in FY23, with an impressive 24.7%...
