EBITDA Archives - TechStory

Ola reports its first-ever operating profit of Rs 90 crore in FY21 ahead of potential IPO

BalrajNovember 3, 2021

Ola, the ride-hailing startup, has reported its first operating profit of Rs 89.82 crore for FY2020-21, despite revenue falling 66 percent to Rs 689.61 crore be...

BusinessIndia NewsStartupsTech

Uber slips behind DoorDash in market value

Srestha RoySeptember 21, 2021

Employees at Uber have been rattled by the recent groundbreaking news that Uber has slipped behind DoorDash in market value. According to sources familiar with ...

Business

CarTrade Tech mediocre debut on the stock exchanges, lists shares at 1% discount

BalrajAugust 23, 2021

CarTrade Tech witnessed a mediocre debut on the stock exchanges this Friday. The stocks were listed for Rs 1600 per share, a 1 percent decrease to its initial p...

BusinessIndia NewsMarkets

OYO appoints JP Morgan, Kotak Mahindra, and Citi as investment banks for IPO

BalrajAugust 10, 2021

OYO Hotels and Rooms, a hospitality startup, revealed today that it has appointed investment banks JP Morgan, Kotak Mahindra Capital, and Citi for its upcoming ...

India NewsNewsStartups

Nykaa files IPO draft papers with SEBI to raise $500 million

BalrajAugust 3, 2021

Nykaa, a Lifestyle e-commerce platform, has filed its draft red herring prospectus (DRHP), with market regulator SEBI to launch an IPO. Nykaa's parent company, ...

India NewsMarketsStartups

Reliance Retail’s Q1 2021 Report, net profit jumps more than doubles

BalrajJuly 24, 2021

Reliance Retail, the retail chain of Reliance Industries Ltd (RIL) led by Mukesh Ambani, recorded a net profit of Rs. 962 crores, up 123 percent year on year (y...

BusinessIndia NewsMarkets

Jugnoo – Turning Profitable or Laying Off Employees as It Can’t Afford to Keep Them?

Chinmay BidkarAugust 2, 2017

I dismissed my alarm and got up early in the morning, got ready to go to office and was on my way in no time. Starting of the week often seems a bit dull bu...

BusinessNews

Jugnoo Turns EBITDA Positive, on Track for INR 70 Crores Annual Net Revenue

Chinmay BidkarJuly 3, 2017

Chandigarh, India Jugnoo, one of India’s leading hyper local startup, offering a diverse range of services like Rides, Ready to Eat Meals, Restaur...

News

Global Fashion Group Parent Of Jabong Rakes $339M Funding; Valuation Drops Drastically

Nitin KondeApril 28, 2016

28 April, 2016, Bangalore: Finally the Global Fashion Group (GFG), parent company of Jabong who has been in the media headlines recently for scori...

BusinessNews