Articles

  • 1 week ago | financialexpress.com | Ayanti Bera

    Healthtech startup Practo posted profit in all four quarters of a financial year for the first time in FY25, after narrowing its operating losses over the previous two years. The company first turned profitable in the fourth quarter of FY24 and has remained so in all successive quarters, its co-founder and CEO Shashank ND said at a media roundtable on Wednesday. The company is doubling down on its core business that is growing 25-30% year-on-year.

  • 1 week ago | financialexpress.com | Ayanti Bera

    Walmart-owned Flipkart’s fintech arm super.money is making an aggressive push into the credit distribution space, with the launch of a co-branded credit card in partnership with Axis Bank. The company, which launched its app about 10 months ago, is currently the fifth-largest UPI player, processing around 175 million transactions monthly.

  • 2 weeks ago | financialexpress.com | Anees Hussain |Ayanti Bera

    Global technology investor Prosus, which has backed Indian startups like Swiggy, PayU, Meesho and Byju’s, is doubling down on its commitment to the country even as other major global funds recalibrate their exposure. Fabricio Bloisi, CEO, in an interview with Anees Hussain & Ayanti Bera, outlines why India remains a strategic priority, how artificial intelligence is central to its next wave of bets, and why setbacks like Byju’s haven’t dulled its appetite for bold, long-term investments.

  • 2 weeks ago | financialexpress.com | Ayanti Bera

    Gurugram-based fintech firm MobiKwik on Tuesday reported a nearly-flat revenue growth and widening of its consolidated loss to Rs 56 crore for the January-March quarter of 2024-25, as credit disbursement tapered, particularly for its small-ticket loan products, following tightening of unsecured lending rules by the Reserve Bank of India. Revenue from operations increased marginally to Rs 268 crore from Rs 265 crore in the year-ago period. It had posted a loss of Rs 67 lakh in Q4FY24.

  • 2 weeks ago | financialexpress.com | Ayanti Bera

    After more than a year of pricing pressure and muted shipment growth, Delhivery expects margin recovery in its express parcel business, which is its largest and most profitable vertical. In its Q4 earnings call, CEO Sahil Barua said he expects overall margins to improve in FY26, as volumes increase, particularly after the integration of its smaller rival Ecom Express. The express parcel business  contributed nearly 60% of Delhivery’s total revenues for FY25.

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