SUMMARY Yatra posted a consolidated internet revenue of INR 7.3 Cr in Q2 FY25 as towards a lack of INR 17.1 Cr within the year-ago interval The web journey aggregator’s working income jumped over 2X year-on-year to INR 236.4 Cr Whole bills outgrew gross sales in the course of the second quarter of the continuing fiscal 12 months at INR 236.9 Cr On-line journey aggregator Yatra returned to the black within the September quarter of the monetary 12 months 2024-25 (Q2 FY25), posting a consolidated internet revenue of INR 7.3 Cr. The corporate had reported a lack of INR 17.1…
Author: DF Manager
SUMMARY Taking to social media, Stoa’s cofounder Raj Kunkolienkar introduced that after 4 years, the startup will shut its operations. Earlier this 12 months, the startup launched a brand new AI-based enterprise agent platform referred to as Zeus Based in 2020 by Kulkarni, Raj Kunkolienkar, and Manoj Kambadur, Stoa has served over 1,500 college students throughout 15 cohorts Bengaluru-based Stoa, the poster baby of different MBA, has shut down its operations. Taking to social media, Stoa’s cofounder Raj Kunkolienkar introduced that after 4 years, the startup will shut its operations. Calling the choice “gut-wrenching” Kunkolienkar stated that in a bid…
India AI Convention- ETCIO AI Imaginative and prescient Conclave ETCIO AI Imaginative and prescient Conclave themed round “Powering the long run with AI” will underline the position of Synthetic Intelligence in serving to enterprise chief in constructing use circumstances that may assist ship worth to the enterprise depend on strong datasets and dwell as much as expectations. The summit will even speak in regards to the challenges round this fascinating piece of know-how and scope of regulation round it. Contact Us For Partnership – Ashish Kumarashish.kumar3@timesinternet.in | 9740761921 For Talking Alternative – Rashi Aditi Ghoshrashi.ghosh@timesinternet.in | 9654178008 For Delegate Passes…
Be a part of us for a day stuffed with insightful discussions, networking alternatives, and expert-led classes on all issues cloud safety. Welcome to the Cloud Safety Summit 2024 by CSA Bangalore! Be a part of us for a day stuffed with insightful discussions, networking alternatives, and expert-led classes on all issues cloud safety. Whether or not you are a seasoned skilled or simply beginning out within the subject, this occasion is ideal for anybody trying to keep forward of the curve in cloud safety. Mark your calendars for Thu Dec 12 2024 and are available be part of us on the Sheraton Grand…
SUMMARYThe Delhi NCR-headquartered startup reported an working income of INR 499 Cr, a steep drop from INR 1,963.5 Cr within the earlier fiscal 12 months Consistent with the autumn in income, DealShare managed to decrease its web loss throughout the 12 months. Loss narrowed 67% to INR 167.7 Cr from INR 503 Cr within the earlier fiscal 12 months DealShare minimize its expenditure by 70% to INR 768.1 Cr in FY24 from INR 2,557.6 Cr within the earlier fiscal 12 months Alpha Wave -backed ecommerce startup DealShare’s income slumped practically 75% within the monetary 12 months ended March 31, 2024.…
The shares of Trump Media & Expertise Group (TMTG) took a big hit on Thursday, sliding to a two-week low as investor pleasure surrounding Donald Trump’s current election victory waned. This marks a stark turnaround from the pre-election surge in TMTG inventory, which had skilled dramatic positive aspects fueled by speculative bets on Trump’s reelection and a possible “Trump commerce” increase. Nevertheless, a day after the previous president clinched a second time period over Democratic candidate Kamala Harris, investor confidence in TMTG appeared to falter, bringing its valuation beneath renewed scrutiny. A 20% Drop in a Day: The Rollercoaster of…
Nasdaq-listed SaaS firm Freshworks has introduced a significant restructuring initiative that may end in layoffs impacting 13% of its international workforce, equal to roughly 660 staff. This newest measure, revealed in a letter from CEO Dennis Woodside, is a part of Freshworks’ strategic give attention to optimizing operations and aligning its assets with key development areas. As a part of this plan, the California-based firm will incur restructuring prices starting from $11 million to $13 million within the fourth quarter of 2024. With over 5,000 staff worldwide, Freshworks’ determination to cut back its workforce will impression workers throughout its foremost…
Final month, Cornerstone Ventures introduced the launch of its second fund with a dimension of $200 million. The primary fund from the agency, launched in 2019, was $50 million.Cornerstone Ventures’ optimism within the startup ecosystem is basically because of its concentrate on the nation’s software program as a service (SaaS) startups. The agency believes homegrown business-to-business (B2B) SaaS startups have far more to supply to giant enterprises, which is why it’s doubling down on this phase with a bigger quantum of investments.The corporate, which was based by Abhishek Prasad and Rajiv Vaishnav in 2018, has thus far invested in 21…
Over the past decade, Vertex Ventures Southeast Asia and India has been steadily investing within the Indian startup ecosystem, tapping into the nation’s massive working inhabitants, beneficial insurance policies, rising web base, and elevated consumption.Since its entry in India in 2013-14, the Singapore-headquartered early-stage enterprise capital (VC) agency has made round 30 startup investments together with a couple of exits. It counts unicorn startups together with FirstCry, Licious, and Xpressbees in its portfolio.Vertex Ventures has raised 5 funds until now, with the newest fund, Fund V, garnering $541 million final 12 months in opposition to its goal of $450 million.…
India’s biotechnology sector is witnessing outstanding development, with the nation’s bioeconomy now valued at $150 billion. Nonetheless there’s nonetheless important untapped potential in innovation and product growth which may additional elevate India’s world standing within the sector, Dr Jitendra Kumar, Managing Director of the federal government’s Biotechnology Trade Analysis Help Council (BIRAC), stated.BIRAC is a not-for-profit public sector enterprise arrange by the Division of Biotechnology (DBT) below the federal government that helps and promotes innovation, entrepreneurship, and analysis within the sector.In an interview with PTI, Kumar highlighted India’s important contributions to world healthcare, with 40 p.c of the world’s generic…