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Juspay-backed Namma Yatri eyes small towns following fundraise

New Delhi, May 30 -- Juspay-backed Namma Yatri is looking to expand its ride-hailing services in tier-2 and tier-3 towns after a fresh capital infusion that's expected to be finalised soon, chief grow... Read More


As travel rebounds, Oyo checks in its first full-year net profit

Bengaluru, May 30 -- Oyo has reported its first full-year net profit in its 12 years of existence, scoring its second victory this week following a vote of confidence from Fitch as the hospitality cha... Read More


ePlane aims to complete air-taxi prototype by the end of 2024, says founder

Mumbai, May 24 -- Aerospace marketplace ePlane is looking to complete its prototype of air taxi e200X by the end of the year and is working on several other prototypes for next year, founder Satyanara... Read More


GenAI can revolutionize healthcare: Siemens Healthineers' Dileep Mangsuli

MUMBAI, May 24 -- Technological advancements, especially in software and generative artificial intelligence (AI), are set to revolutionize healthcare, said Dileep Mangsuli, executive director and head... Read More


Mamaearth parent expects distribution strategy change to impact revenue in FY25

New Delhi, May 23 -- Honasa Consumer, the parent company behind popular brands like Mamaearth, Aqualogica, and Bblunt, is shifting gears in its distribution strategy. To enhance efficiency and qualit... Read More


Mamaearth parent, Honasa Consumer, posts highest quarterly profit of Rs.30.4 cr

Bengaluru, May 23 -- Honasa Consumer, the parent of consumer brands Mamaearth, Aqualogica, Bblunt among others, showed a profit of Rs.30.4 crore in the March-ended quarter, up from a loss of nearly Rs... Read More


Oyo withdraws draft IPO papers, to refile after refinancing loan

BENGALURU, May 23 -- Oravel Stays Ltd, the parent of travel and hospitality firm Oyo, has withdrawn its draft red herring prospectus (DRHP) from markets regulator Securities and Exchange Board of Indi... Read More


Nykaa sees a bright spot in beauty bet, in GCC

New Delhi, May 23 -- Beauty retailer Nykaa is pegging its next growth frontier on a new market-the Gulf Cooperation Council (GCC)-as it aims to expand its market beyond domestic borders. The Mumbai-h... Read More


Nykaa's Q4 net profit jumps to Rs.9.07 cr

New Delhi, May 22 -- Cosmetics and fashion retailer Nykaa has reported a significant surge in profits for the quarter ended March, buoyed by robust growth in its beauty and personal care segment. The ... Read More


Oyo withdraws draft IPO papers, to refile after refinancing $450 million loan

BENGALURU, May 22 -- Oravel Stays Ltd, the parent of travel and hospitality firm Oyo, has withdrawn its draft red herring prospectus (DRHP) from markets regulator Securities and Exchange Board of Indi... Read More