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Apple India’s FY24 Profit Jumps 23% To INR 2,746 Cr Askwiki

Apple India’s FY24 Profit Jumps 23% To INR 2,746 Cr

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Apple India reported a 23.1% jump in net profit to INR 2,745.7 Cr in the financial year 2023-24 (FY24) from INR 2,229.6 Cr in the previous year.  T…

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Rural India Emerged As A Goldmine For Ecommerce Platforms In Festive Season: RBI Askwiki

Rural India Emerged As A Goldmine For Ecommerce Platforms In Festive Season: RBI

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The Reserve Bank of India (RBI) has said that rural India emerged as a “goldmine” for ecommerce platforms in the recently concluded festive season. …

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Recommendations For Satcom Spectrum Assignment To Be Finalised By Dec: TRAI Chairman Askwiki

Recommendations For Satcom Spectrum Assignment To Be Finalised By Dec: TRAI Chairman

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Telecom Regulatory Authority of India (TRAI) chairman Anil Kumar Lahoti has reportedly said that the regulator will likely release its recommendatio…

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Respect FDI Laws In Letter & Spirit: Commerce Minister To Ecommerce Players Askwiki

Respect FDI Laws In Letter & Spirit: Commerce Minister To Ecommerce Players

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Training guns yet again on online marketplaces, commerce minister Piyush Goyal directed ecommerce platforms to stick to the rule of the law on forei…

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BYJU’S Term Loan B Lenders Oppose EGM Of Aakash Askwiki

BYJU’S Term Loan B Lenders Oppose EGM Of Aakash

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A consortium of BYJU’S’ US-based lenders have reportedly opposed the extraordinary general meeting (EGM) called by the troubled edtech startup’s sub…

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BlackBuck IPO: Accel, Flipkart To Rake In 5X Returns Askwiki

BlackBuck IPO: Accel, Flipkart To Rake In 5X Returns

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As logistics unicorn BlackBuck gears up for its public listing, its top two external shareholders, Flipkart and Accel, are set to rake in nearly 5X …

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Theranautilus Bags Funding To Make Nanorobots For Dental Care Askwiki

Theranautilus Bags Funding To Make Nanorobots For Dental Care

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Deeptech startup Theranautilus has raised $1.2 Mn in its seed funding round led by pi Ventures, with participation from Golden Sparrow Ventures and …

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InsuranceDekho Turns Profitable, Posts INR 86 Cr PAT In FY24 Askwiki

InsuranceDekho Turns Profitable, Posts INR 86 Cr PAT In FY24

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Auto marketplace CarDekho’s insurance arm InsuranceDekho turned profitable in the financial year 2023-24 (FY24) on the back of a multifold jump in r…

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Amazon India Shifts Base In Bengaluru In Cost Cutting Move Askwiki

Amazon India Shifts Base In Bengaluru In Cost Cutting Move

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Ecommerce giant Amazon India is reportedly shifting its home office to a new location in Bengaluru, as part of its cost cutting strategy. As per Mi…

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Tata Electronics To Buy Majority Stake In Pegatron’s TN iPhone Plant Askwiki

Tata Electronics To Buy Majority Stake In Pegatron’s TN iPhone Plant

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Tata Electronics is reportedly acquiring a majority stake in Taiwanese electronics major Pegatron’s iPhone unit in Tamil Nadu, bolstering its positi…

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New-Age Tech Stocks Bleed This Week As Correction Continues In Broader Market Askwiki

New-Age Tech Stocks Bleed This Week As Correction Continues In Broader Market

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Weak financials of companies in the second quarter of the fiscal year 2024-25 (FY25) and continuing FII outflow resulted in the Indian equities mark…

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Jupiter Spent INR 10 To Earn Every Rupee In FY24 Askwiki

Jupiter Spent INR 10 To Earn Every Rupee In FY24

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Neobanking startup Jupiter managed to narrow its net loss by 16% to INR 275.94 Cr in the year ended March 2024 (FY24) from INR 327.04 Cr in the …

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PB Fintech Allots Around 27 Lakh Equity Shares Under ESOP Plan Askwiki

PB Fintech Allots Around 27 Lakh Equity Shares Under ESOP Plan

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Insurtech major Policybazaar’s parent PB Fintech has allotted nearly 27 Lakh equity shares under its Employee Stock Option Scheme (ESOP) 2021. In a…

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Zomato Rolls Out ‘District’ App For Android, iPhone Users Askwiki

Zomato Rolls Out ‘District’ App For Android, iPhone Users

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Foodtech major Zomato has rolled out the ‘District’ app for its ‘going-out’ business on both Apple’s iOS and android platforms, over three months af…

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From SarvaGram To Equal- Indian Startups raised $186 Mn This Week Askwiki

From SarvaGram To Equal- Indian Startups raised $186 Mn This Week

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Amid rumblings in the broader public markets in India, the startup ecosystem saw an increased investor interest. Between November 11 and 16, startup…

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