1. Introduction The Indian Space Research Organisation (ISRO), under the leadership of Dr. S Somanath, has made significant strides in 2024, marking it as a year of remarkable achievements and futuristic planning. With a return of Rs 2.52 for ...
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On: December 25, 2024
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Razorpay’s ESOP Initiative
1. Introduction: Razorpay, founded in 2014 by IIT Roorkee alumni Harshil Mathur and Shashank Kumar, started as a single-product payment gateway and has evolved into a multi-product fintech platform. With an annualized total payment volume of $180 million and ...
On: December 25, 2024
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Zaggle’s Expansion Strategy and Financial Outlook
Overview Zaggle, a leading player in the fintech and expense management space, has been focused on expanding its market presence while enhancing its financial performance. By leveraging its innovative platforms and strategic growth initiatives, the company aims to solidify its ...
On: December 25, 2024
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ElasticRun – Navigating Revenue Challenges and Loss Reduction in FY24
Overview ElasticRun, a business-to-business (B2B) ecommerce solutions provider, faced a challenging fiscal year ending March 31, 2024 (FY24), with significant declines in operating revenue. Despite this, the company managed to reduce its net losses, reflecting strategic cost management and ...
On: December 25, 2024
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IndiQube’s Financial Performance in FY24
IndiQube, an IPO-bound coworking space startup, reported a mixed financial performance for the fiscal year 2023-24 (FY24): Key Financial Metrics Net Loss:Widened 72% to INR 341.51 Cr, up from INR 198.10 Cr in FY23. The increase was primarily attributed to ...