Netflix Decoding India’s Streaming Landscape: Revenue Grew 24% YoY, While Profit Surged 75% YoY in FY23

Netflix is making significant strides in India's OTT streaming market, evident from its recent filing. The streaming giant reported an impressive 24% YoY growth in its operating revenue, amounting to Rs 2,214 crore in FY23, ending March 31, 2023....

Byju’s Is Racing Against Time: From Shining Star to Stinking Workplace

Byju's, India's once biggest ed-tech company, is on the verge of collapse. The company is currently grappling with a severe liquidity crisis, prompting a series of organizational shake-ups in recent months. This unfolding crisis extends far beyond the boardrooms,...

India’s Automobile Retail Industry 2023: Over 2 Crore Vehicles Sold, SUVs Were In Strong Demand

India, one of the world's fastest-growing economies, has witnessed remarkable growth in its automobile sector in 2023. The year witnessed Indians indulging more in two-wheelers (2W) than any other vehicle category, marking a significant shift in buying patterns. The...

PE-VC Investments in India Drops Below $30 Billion in 2023, Hitting a 5-Year Low

India has been experiencing a notable downturn in Private Equity - Venture Capital (PE-VC) investments in the last couple of years. According to a recent report by Venture Intelligence, the value of PE-VC investments in Indian companies plunged 37.7%...

India Racing Towards a Cashless Economy as UPI Transactions Surpassed 100 Billion in 2023, With 60% YoY Surge

The Unified Payments Interface (UPI) has solidified its position as India's go-to digital payment platform, witnessing a staggering surge in both transaction volume and value in 2023. Interestingly, the number of UPI transactions surpassed the 100 billion mark by...

Reliance and Disney Merger: A Streaming Monopoly in the Making?

Reliance Industries Ltd (RIL) (NSE: RELIANCE) and Walt Disney Co. (NYSE: DIS) are on the cusp of finalizing the largest merger in the history of the Indian entertainment industry. Authoritative sources involved in the negotiations reveal that both entities...

Financial Rollercoaster of India’s Tech Startups FY23: Top Gainers and Losers!

India is witnessing a steady rise in new startups each year, positioning the country as the fastest-growing hub for various sectors, including technology, e-commerce, retail, fintech, and quick grocery delivery. Although a significant number of Indian startups is yet...

Swiggy and Zomato Lock Horns in India’s Food Delivery Price War: Enough to Entice New Customers?

In India's rapidly expanding online food delivery landscape, industry frontrunners Zomato and Swiggy are revamping their strategies to appeal to a growing demographic of budget-conscious consumers, specifically focusing on students and job-seekers. As the conventional methods of customer acquisition...

Vivo India in Money Laundering Scandal: ED Filed Charge Sheet Against Lava Founder Among Accused

In the wake of cracking down on financial irregularities, the Enforcement Directorate (ED) recently filed its first charge sheet related to a money laundering investigation involving Vivo India and four tech executives. This move follows allegations that shell companies...

Paytm Postpaid Hits Pause: Regulatory Hurdles and Partnership Fallout Dampen BNPL Sector

Paytm, one of India's leading fintech giants, has hit the pause button on its buy-now-pay-later (BNPL) service, Postpaid, for new users. This unexpected move comes amidst a cautious atmosphere among lending partners, stemming from the Reserve Bank of India's...
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Instagram Prioritizes Quality Over Quantity: New Updates Open Doors for Original Content Creators

In the dynamic world of social media, where content reigns supreme, Instagram stands as one of the prominent platforms...
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