India’s digital payments ecosystem continues to witness explosive growth, with UPI transaction volumes skyrocketing 52% in the first half of 2024. Between January and June 2024, the number of UPI transactions soared to 78.97 billion, a dramatic increase from 51.9 billion in the same period of 2023. The value of these transactions also jumped by […]
UPI transactions surge 52% in 2024: India’s digital payments boom Read More »
India’s education sector is set to experience significant expansion, with projected 12-14% revenue growth in 2024, driven by a surge in student enrollments and adjustments in school fees, according to CRISIL Ratings. This follows an already elevated revenue base post-pandemic, reflecting a robust demand for quality education across the country, particularly in the K-12 segment.
India’s Education sector set for 12-14% revenue growth in 2024 Read More »
India’s real estate sector is set to undergo a remarkable transformation, with projections indicating it could become a $10 trillion market by 2047, playing a pivotal role in the nation’s economic future. This growth, driven by a variety of factors, including foreign investment, government reforms, and increased urbanization, will significantly enhance its contribution to India’s
Indian Real Estate to reach $10 Trillion by 2047 Read More »
Delhivery, India’s leading logistics and supply chain solutions provider, has approved the allotment of 8.6 lakh equity shares under its Employee Stock Option Plans (ESOPs). This expansion comes just two months after a previous allotment of 6.15 lakh equity shares, reflecting the company’s commitment to rewarding its employees. The ESOP allotments are divided across three
Delhivery expands Employee Stock Option Pool with allotment of 8.6 lakh equity shares Read More »
Zouk, a Direct-to-Consumer (D2C) fashion brand specializing in vegan leather bags and accessories, is set to raise $10 million in its latest funding round, led by Aavishkaar Capital. The Mumbai-based company, founded by Disha Singh and Pradeep Krishnakumar, has seen rapid growth, offering handmade products that are 100% cruelty-free. Zouk, which raised $3 million in
Zouk secures $10 million in funding, led by Aavishkaar Capital Read More »
boAt, a leading consumer electronics company known for its audio devices, narrowed its losses by 47% in FY24, reducing them from ₹101 crore to ₹53.5 crore. Despite facing a 5% drop in revenue, bringing it down to ₹3,122 crore from ₹3,285 crore in FY23, the company managed to control costs and strengthen its EBITDA, showing
boAt cuts losses by 47%, revenue holds steady at ₹3,122 crore in FY24 Read More »
In the Fairwork India Ratings 2024, mobility giants Ola, Uber, and logistics firm Porter scored zero points, indicating the worst working conditions for gig workers among the platforms assessed. The report, compiled by IIIT-Bangalore and Oxford University, examined 11 major platforms across sectors like transportation, logistics, and food delivery, including Amazon Flex, Swiggy, Zomato, and
Ola, Uber, and Porter rank lowest in Fairwork India Ratings 2024 Read More »
The Indian automotive landscape is undergoing a seismic shift, with the used car market emerging as a dynamic and rapidly expanding sector. Once viewed with skepticism, pre-owned vehicles are now seen as a smart, value-driven alternative to purchasing new cars. The used car market in India is projected to reach an impressive valuation of $73
Shifting Gears: The rise of India’s $73 billion used car market Read More »
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