📚 Britannica Education Ventures into Indian EdTech Space
Iconic encyclopedia publisher Britannica Education has made its debut in the Indian EdTech sector, aiming to revolutionize learning with innovative tools and content. This marks a significant step for the company into one of the world’s largest education markets.
Tags: Britannica Education, Indian EdTech, EdTech Expansion
💳 OneCard FY24 Revenue Soars to ₹1,425 Cr
Fintech unicorn OneCard has reported an impressive 2.6x surge in revenue in FY24, reaching ₹1,425 Cr. The company attributes this growth to its expanding customer base and innovative credit solutions.
Tags: OneCard, Fintech Revenue, Indian Startups
📈 Leverage.Biz Targets ₹200 Cr Revenue in FY25
EdTech platform Leverage.Biz (formerly Leverage Edu) is on track to cross the ₹200 Cr revenue mark by FY25, thanks to its strong foothold in overseas education services.
Tags: Leverage Edu, Revenue Growth, EdTech
🎭 BookMyShow Posts 27% Profit Jump in FY24
Popular ticketing platform BookMyShow reported a 27% growth in profits, reaching ₹109 Cr in FY24, driven by an increase in live events and movie ticket sales post-pandemic.
Tags: BookMyShow, Profit Growth, Entertainment Industry
👩💼 DPIIT-Recognised Startups Create Over 16.6 Lakh Jobs
Union Minister Piyush Goyal announced that startups recognized by the DPIIT have directly created 16.6 lakh jobs, highlighting the critical role of startups in India’s economic growth.
Tags: DPIIT Startups, Job Creation, Piyush Goyal
💵 Paytm Singapore Approves PayPay Stake Sale
Paytm’s Singapore subsidiary has approved the sale of its stake in PayPay Corporation, furthering its strategic realignment.
Tags: Paytm, PayPay, Stake Sale
🤖 FinMin Urges Banks to Adopt MuleHunter.AI
To tackle increasing cases of digital fraud, the Finance Ministry has asked banks to adopt MuleHunter.AI, an AI-based fraud detection system.
Tags: Digital Fraud, MuleHunter AI, Banking Technology
🦟 PhonePe Launches Dengue & Malaria Insurance for ₹59
PhonePe has rolled out an affordable insurance plan covering dengue and malaria for just ₹59, targeting India’s underserved health insurance market.
Tags: PhonePe, Health Insurance, Fintech
🚀 MobiKwik Files for ₹572 Cr IPO
MobiKwik has filed its RHP, planning to raise ₹572 Cr via its IPO. The funds are expected to fuel growth in its digital payment ecosystem.
Tags: MobiKwik IPO, Digital Payments, Fintech Startups
💎 BlueStone Board Approves ₹1,000 Cr IPO
Omnichannel jewellery startup BlueStone received board approval for a ₹1,000 Cr IPO, signaling its next growth phase.
Tags: BlueStone IPO, Jewellery Startups, Omnichannel Retail
📦 SEBI Clears IPOs for Ecom Express & Smartworks
Markets regulator SEBI has approved the IPO plans of Ecom Express, a leading logistics startup, and Smartworks, a coworking space provider.
Tags: Ecom Express IPO, Smartworks IPO, SEBI Approvals
📊 Prosus Ventures Eyes IPOs for PayU, Meesho & BlueStone
In its latest investor presentation, Prosus Ventures revealed plans to take PayU, Meesho, and BlueStone public within the next 18 months.
Tags: Prosus Ventures, PayU IPO, Meesho IPO