Page 8 - Aryaman Gupta

Zepto's sales could surpass DMart in next 18-24 months: CEO Aadit Palicha

Palicha says Zepto's topline could scale to over Rs 2.4 trillion over the next 5-10 years

We could have done better, no secret about it: Paytm's Vijay Shekhar Sharma

In January this year, the banking regulator placed crippling restrictions on Paytm Payments Bank citing persistent non-compliance at the bank

Koo's flight cut short: Twitter challenger grounded by merger collapse

Koo's entry into the startup dead pool comes at a time when the startup world has been grappling with the so-called funding winter

Online food delivery mkt to touch Rs 2 trn mark by 2030: Bain-Swiggy report

Online food delivery has steadily increased over the years, with penetration rising from 8 per cent to 12 per cent between 2019 and 2023, representing a 2.8 times growth

Amazon India announces annual Prime Day sales event on July 20-21

New products by more than 450 brands will be launched, says e-commerce company

Online pharmacy players look for regulatory framework for industry

A division bench of the Madras HC has set aside an earlier order that disallowed them to engage in digital sale of medicines

IPO-bound startups find favour among investors amid funding resurgence

Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better

Prosus writes off investment in Byju's, records $493 million loss

This would be perhaps the first such large write-off announced by a large institutional investor in India

Startup layoffs down 62% in 2024 so far; likely to step up hiring

The full year 2023 saw a staggering 16,398 layoffs, according to layoffs tracking platform Layoffs.fyi

Quick-commerce firm Zepto raises $665 mn in funding, valued at $3.6 bn

Series F round comes as Mumbai-based startup aims to become profitable before launching IPO

Managed this fundraise because of biz performance: Zepto CEO Aadit Palicha

We have been able to raise this round purely because of business performance. We are growing 140 per cent year-on-year, said Palicha

Google pauses plans to allow more real-money gaming apps on PlayStore

Google is doing so due to challenges related to the absence of a central licensing framework and complexities in developing an appropriate monetisation model

Bucking the trend: Indian startups regain lost funding ground, says report

After four consecutive half-year periods of decline in funding, H1CY24 has seen an upswing

Making the right 'Noise': Wearables brand bets big on tech and innovation

While the wearables market has been witnessing exponential growth over the past few years, chief executive of Noise Gaurav Khatri believes it was a result of a low base effect

Amazon expands grocery service to over 130 cities as competition increases

Amazon Fresh delivers chilled, beauty, baby, personal care, pet products and groceries

Ticketing, movie business deal: Zomato, Paytm confirm talks are on

Although neither Zomato nor Paytm disclosed the valuation of the transaction, the potential deal is estimated to be in the range of Rs 1,600 crore to Rs 2,000 crore

Artificial intelligence to power 20% PC market by end of FY25: Lenovo

The company is confident that 20 per cent of the PC consumer market will be powered by AI by the end of this year

Zomato in talks to acquire Paytm's movie, events biz for Rs 2,000 crore

Once finalised, this will be the food delivery major's second biggest purchase since acquiring Blinkit in 2022 for $569 million in an all-stock deal

Nykaa to scale up beauty, fashion biz in next 3 years: CEO Falguni Nayar

Moreover, Nykaa aims to grow its fashion business by 2.5x-3x over the next three years, as it looks to become Ebitda positive in the near future

Limited innovation forces wearables market players to reassess strategy

Industry insiders say that the decline in demand is a result of cheaper products flooding the market, in combination with a base correction