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Aryaman Gupta is a Senior Correspondent at Business Standard, covering startups across all sectors, venture capital, e-commerce, and technology. He has a keen interest in presenting nuanced reports based on in-depth sectoral trends.
Aryaman Gupta is a Senior Correspondent at Business Standard, covering startups across all sectors, venture capital, e-commerce, and technology. He has a keen interest in presenting nuanced reports based on in-depth sectoral trends.
In FY23, Zomato trimmed its losses to Rs 971 crore, from Rs 1,225.5 crore in the previous financial year
They said the proposed norms aim to expand valuation methodologies and eliminate price differentials between resident and non-resident investors
Firm announces three top-level appointments
Rare for global food delivery platforms to achieve profitability in less than 9 years, he says
Although ONDC's hyperlocal tilt gives small sellers effective inroads in e-commerce, disruption in food delivery market will be contingent on building scale, meeting quality set up by Swiggy, Zomato
The fintech giant, in its Q4 results for FY23, managed to narrow its losses to Rs 168 crore. This compares to losses of Rs 392 crore a quarter ago and Rs 761 crore in the year-ago period
Currently, Zomato UPI has been rolled out to select users only. Further expansion of the service will hinge on the initial customer response
Shopify has a total seller-base of 7.9 million registered Indian Micro, Small, and Medium Enterprises (MSMEs) on its platform
RISC-V is a set of instructions that defines how a particular software interacts with a chipset
Within the early-stage space, Sequoia remains bullish on AI, deep tech, and semiconductors
Companies' expand initiative after 60-day pilot in Mumbai gets 'overwhelming customer response'
Women, including senior citizens, are participating in the massive spurt in online gaming in the country
"This growth is mainly being driven by upgrades," Ranjit Babu, Director, Wireless and Home Entertainment, Amazon India, told Business Standard
"E-commerce rules and e-commerce policy will be congruent with each other... That exercise is at a fairly advanced stage," Singh told reporters
ONDC has also expanded its geographic footprint from 85 cities at the start of the year to over 230 now.
It was the biggest tax demand notice issued in the history of indirect taxes in India
This year, start-ups have collectively raised around $4.1 billion so far
E-food delivery majors may instead partner the govt network
Moody's said it could downgrade the ratings if OYO's cash burn does not "reduce significantly" over the next 12-18 months
ONDC is offering low prices for the same food compared to Swiggy, Zomato