EaseMyTrip Records INR 161 Cr Revenue and INR 46 Cr Profit in Q3 FY24

Three points you will get to know in this article: On Friday, EaseMyTrip, the online travel aggregator (OTA) platform, unveiled its financial performance for the final quarter of 2023 (Q3 FY24). The report highlights a commendable uptick in business volume alongside a slight dip in profits for the quarter. According to the consolidated financial statements filed with the National Stock…

Hike’s Revenue Skyrockets 8X to INR 150 Cr in FY23 and Losses Increase by 24%

Three points you will get to know in this article: In the past, Hike experienced a period of slow progress and transformations within its business landscape. However, in the most recent fiscal year, there was a remarkable upturn in its expansion. Particularly noteworthy was the growth of Hike’s Rush Gaming Universe (RGU), a platform hosting a variety of skill-based casual…

PharmEasy Achieves INR 6,600 Cr Scale in FY23; 16% Reduction in Losses

Three points you will get to know in this article: In the financial year of 2022, API Holdings, the parent company overseeing the online pharmaceutical service PharmEasy, faced significant financial setbacks. However, in the subsequent fiscal year of 2023, the Mumbai-based company successfully enhanced its financial performance. Despite this improvement, API Holdings had to make compromises on the rapid expansion…

Vivifi India Finance: $75M Series B Funding Secured

Three points you will get to know in this article: Hyderabad-based fintech NBFC, Vivifi India Finance, has successfully secured $75 million in its Series B funding round, a blend of debt and equity. Although the specific investors remain undisclosed, regulatory filings indicate that BP IN VPF LLC has contributed to this funding, propelling Vivifi’s valuation to an estimated $150 million.…

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