Friday, June 2, 2023

MSME

Is this the end for D2C Startups as Amazon India raises its seller commissions?

The Predicament Amazon increased and reorganised its seller commissions across a number of categories. The new system includes a fixed 6% commission, regardless of the product's quoted price. Additionally, Amazon has raised shipping costs for cross-country deliveries for the lightest...

A double helping for the ice cream industry

According to The Economic Times, which cites a survey by Wazir Advisors, an increasing number of ice cream firms in India are considering expanding their operations to locations outside of the country's big cities. Because of this, by 2025...

FarEye’s FY22 losses triple to Rs 230 Cr.

FarEye, a logistics management SaaS, raised $150 million in seven stages, including a $100 million Series E in May 2021. According to its recent ROC filing, the decade-old firm has yet to reach Rs 100 crore in revenue. In FY22,...

Diabetics rejoice: Amrith Noni D plus completes human trial and shows to be a much-needed “Elixir.”

The Amrith Noni D Plus diabetes experiment was a breakthrough. Dr. A. K. Srinivasamurthy, Managing Director of Valyou Products Pvt Ltd., told the media that lifestyle and diet changes are increasing diabetes in India. Valyou Products Private Limited produced Amrith...

After PW and DailyRounds, Jaro Education profits from edtech.

In FY22, most venture capital-backed edtech companies lost money, and FY23 was no different. In FY22, DailyRounds and PW (PhysicsWallah) were profitable edtech companies. In FY22, 14-year-old education company Jaro became profitable. According to its RoC-filed consolidated annual financial statement,...

MOS Utility Limited Shows Some Considerable Gains on the Lists

MOS Utility Ltd. (NSE: MOS), which began operations in 2009 after being incorporated, is a technology-enabled provider of digital products and services catering to the B2B and B2B2C markets. At a premium of 18.42% over the initial offering price,...

BankBazaar posts Rs 96 Cr income in FY22

BankBazaar, a financial technology company, is planning to go public by the year 2024 and claims to have reached Rs 160 crore in sales and EBITDA profitability for the fiscal year FY23. Despite the fact that a more in-depth...
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IKIO Lighting Limited Reports Impressive Financial Growth Ahead of IPO

IKIO Lighting Limited’s Initial Public Offering to open on June 06, 2023, sets price band at ₹270 to ₹285...
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