Overview: Curefoods, a Bengaluru-based cloud kitchen startup founded by Ankit Nagori in 2020, reported a significant improvement in its financial performance for the fiscal year 2024 (FY24). By enhancing operational efficiency and capitalizing on growing consumer demand, the company ...
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Razorpay’s ESOP Initiative
1. Introduction: Razorpay, founded in 2014 by IIT Roorkee alumni Harshil Mathur and Shashank Kumar, started as a single-product payment gateway and has evolved into a multi-product fintech platform. With an annualized total payment volume of $180 million and ...
Zaggle’s Expansion Strategy and Financial Outlook
Overview Zaggle, a leading player in the fintech and expense management space, has been focused on expanding its market presence while enhancing its financial performance. By leveraging its innovative platforms and strategic growth initiatives, the company aims to solidify its ...
ElasticRun – Navigating Revenue Challenges and Loss Reduction in FY24
Overview ElasticRun, a business-to-business (B2B) ecommerce solutions provider, faced a challenging fiscal year ending March 31, 2024 (FY24), with significant declines in operating revenue. Despite this, the company managed to reduce its net losses, reflecting strategic cost management and ...
IndiQube’s Financial Performance in FY24
IndiQube, an IPO-bound coworking space startup, reported a mixed financial performance for the fiscal year 2023-24 (FY24): Key Financial Metrics Net Loss:Widened 72% to INR 341.51 Cr, up from INR 198.10 Cr in FY23. The increase was primarily attributed to ...
India's New-Age Tech Stocks: A $100Bn Milestone in 2024
India’s burgeoning tech ecosystem experienced a historic rise in market capitalisation in 2024, driven by improved fundamentals and a robust equity market rally. Key Highlights Massive Growth in Market Capitalisation The cumulative market capitalisation of 19 new-age tech stocks ...
India's New-Age Tech IPO Market: A Look Back at 2024 and Predictions for 2025
The year 2024 marked a significant upswing for India’s new-age tech IPO market, bolstered by heightened investor confidence and a favorable macroeconomic environment. This trend has set an optimistic tone for 2025, with numerous startups preparing to make their public ...
XYXX Apparels' Financial Growth in FY24
Introduction Founded in 2017 by Yogesh Kabra, XYXX Apparels is a direct-to-consumer (D2C) menswear brand offering a diverse range of products, including underwear, loungewear, and athleisure. Known for its high-quality fabric and comfort-driven designs, XYXX has built a solid customer ...
Jar’s Financial Turnaround in FY24
Introduction Founded in 2021 by Nischay AG and Misbah Ashraf, Jar is a wealthtech startup that has revolutionized micro-investments in India. With its mobile app enabling users to invest as little as ₹1 in digital gold, Jar has amassed over ...
WhatsLoan NeoLending Platform – Bridging the Rural Credit Gap in India
WhatsLoan, founded by ex-bankers Timmana Gouda D and Vidya T G, is a cutting-edge neo-lending platform designed to revolutionize rural credit access in India. By leveraging AI-driven, paperless technology, WhatsLoan has streamlined loan processing, drastically reducing costs and time, empowering ...