Tag: swiggy

Revenues per segment - Zomato's Q1FY24 earnings report

Zomato’s first-ever quarterly profit, can it sustain?

Releasing its quarterly earnings, Zomato (previously FoodieBay) reported its first-ever quarterly profit. Way ahead of schedule (as stated in their previous quarter for profitability to take another year) Zomato’s Rs. 2 crore profit after tax (PAT) is a milestone investors are ecstatic over. Zomato Chief Financial Officer Akshant Goyal stated

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Work From Anywhere (WFA) – A Potential Model or a Challenge?

Work From Anywhere (WFA) is the evolution of remote working. It opens up companies to global talent pools. It also allows employees to focus on their well-being & productivity. Ever since the pandemic, life has been different. The work environments have taken a toll. A lot has changed and now

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FLIPKART, AN E-COMMERCE GIANT RAISES $3.6 BN VALUING IT AT $37.6 BILLION.

Founded by a team of 2, Sachin Bansal & Binny Bansal in 2007, Flipkart, an e-commerce company registered in Singapore has raised $3.6 billion in its latest funding round which saw participation from marquee investors such as Walmart, Canada Pension Plan Investment Board(CPP Investments), the Singapore government”s sovereign wealth fund

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Flatpebble, a Hyderabad-based startup raises 400K USD from Indian Angel Network

Indian Angel Network, a horizontal seed stage investing platform, recently concluded its second round of investment in Flatpebble, an AI-driven on-demand cataloging platform. The Hyderabad-based startup had previously raised $6 lakh from Indian Angel Network and an on-equit based assistance from Microsoft Accelerator Bengaluru(New Microsoft Ventures), bringing its total amount

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