Great Learning Surpasses $100 Million Revenue Mark, Posts Strong FY24 Financial Results
Bengaluru-based edtech startup, Great Learning, has announced impressive financial results for FY24, reporting a revenue of $118 million.
Business · Page 11
273 stories · Breaking business news, market trends, corporate updates, economic insights, and industry developments from India and around the world.
Ezcare Opens New Income Opportunities for Aspiring Entrepreneurs
Ezcare, a direct sales venture backed by the Essel Group, is making waves in the entrepreneurial landscape by opening its doors to aspiring individuals across India.
Admitad’s Affiliate Carnival 2024: Eyeing 400% Order Surge with Strategic Festive Boosts
Admitad, part of the Mitgo family, has announced the launch of the highly anticipated ‘Affiliate Carnival 2024’, running from October to December.
Zomato Set to Relaunch Logistics Service Xtreme After Initial Suspension
Zomato, the Indian foodtech giant, is preparing to relaunch its logistics service, Xtreme, after suspending it earlier this year due to weak demand.
Gowardhan Sweets Unveils Festive Mithai Made with 100% Pure Ghee—A Delight for the Season
, has launched an exciting new campaign for their Khushiyan Mithai range ahead of the festive season.
Anil Jayaraj Takes Charge as President of Jio Home Digital Services
In a strategic move aimed at enhancing its digital and home entertainment offerings, Reliance Jio has appointed Anil Jayaraj as the President of its Jio Home Digital Services division.
Byju Raveendran’s Byju’s Faces $700K Lawsuit Amid Alleged Cash Transfers from US Affiliates
A lawsuit filed in Delaware federal court has exposed allegations against Byju Raveendran, founder of Indian edtech giant Byju’s, over the improper transfer of nearly $700,000 from its US affiliates.
Inshorts Poll Insights: How Indians Are Shopping This Festive Season
On October 9, 2024, Inshorts Group unveiled its latest poll results, shedding light on consumer behavior and shopping preferences during the festive season in India.
India’s Sachet Economy Stays Resilient Amid Q-Commerce Boom: BrandPulse Global Report
India’s economy, particularly in the FMCG (Fast-Moving Consumer Goods) sector, has long been bolstered by its unique “sachet model”—a system where products are sold in small, affordable packs.
Prosus to Boost Stake in Urban Company with $30M Deal Ahead of 2024 IPO
Global investment firm Prosus is set to increase its stake in Urban Company, an Indian home services marketplace, through a $30 million secondary deal.
Nazara Technologies Subsidiary Gets Interim Relief from INR 845.7 Cr Tax Notice
7 Cr tax notice issued by the West Bengal Goods and Services Tax (GST) authorities.
Amazon Partners with India Post to Enhance Delivery Across India
Amazon India has signed an MoU with India Post to further boost its nationwide delivery capabilities, ensuring service across every pin code in the country.
Zomato CEO Swaps Boardroom for Delivery Route
In a surprising move that has captured the attention of both media and social platforms, Zomato CEO Deepinder Goyal recently took to the streets of Gurugram, trading his boardroom seat for the role of a delivery agent.
Upstox Delivers 10-Fold Return on Ratan Tata’s Investment
Investment platform Upstox has provided a 10-fold return to Ratan Tata, former chairman of Tata Group, following the buyback of 5% of his stake in the company.
Uppercase Bags $9M Series B, Targets ₹500 Crore Revenue by Expanding Retail Presence
D2C luggage brand Uppercase, under Acefour Accessories, has secured $9 million in a Series B funding round led by Accel, pushing its post-money valuation to $60 million.
Meesho Partners with D2C Brands Ahead of Festive Season to Expand Offerings
E-commerce platform Meesho has announced new partnerships with several Direct-to-Consumer (D2C) brands, including popular names like Mamaearth, Denver, Himalaya, Bajaj, Joy, Lotus Herbals, Biotique, Bata, and more.
InCred Finance Appoints Gaurav Maheshwari as Head of Finance After Vivek Bansal’s Exit
InCred Finance has appointed Gaurav Maheshwari, the former CFO of Standard Chartered Bank, as its new Head of Finance following the exit of Vivek Bansal, who left the company after a six-year tenure to start his own NBFC.
Sidharth Malhotra Joins Celebrity Investors in Swiggy Ahead of IPO
Bollywood actor Sidharth Malhotra has joined the ranks of celebrity investors backing food delivery giant Swiggy ahead of its highly anticipated IPO.
Peak XV Achieves $1.2 Billion in Exits Since Sequoia Split, Expands Global Footprint
2 billion in exits since its separation from Sequoia last year. The exits, a combination of public listings and private sales, underscore the firm’s growing prominence in the venture capital landscape post-rebranding.
Godrej & Boyce to Undergo Major Rebranding After Family Split
After the family agreement that split the Godrej Empire in May 2024, Godrej & Boyce (G&B), the industrial conglomerate with over a century of history, is set to undergo a significant rebranding initiative, to be unveiled later this year.
Ola Electric Leads EV 2W Market with Strong Growth and Profit Potential
Ola Electric, under the leadership of Bhavish Aggarwal, continues to assert dominance in the electric two-wheeler (EV 2W) market.
E-commerce Giants Amazon & Flipkart Face Multi-Billion Dollar Penalty — Will They Survive?
India’s antitrust watchdog, the Competition Commission of India (CCI), has taken decisive steps in its four-year probe into the alleged anti-competitive practices of Amazon and Flipkart.
India investigates Netflix for visa violations and racial discrimination
The Indian government has initiated an investigation into Netflix over allegations of visa violations and racial discrimination, as revealed in a recent email correspondence.
Swiggy Launches Project Next to Boost Delivery Partner Growth
Swiggy, a leading online food delivery platform, has introduced Project Next, a transformative initiative aimed at providing career growth opportunities for its 400,000 delivery partners across India.
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