Startup Growth News - Latest Updates & Headlines
Fintech firm MobiKwik reports wider loss of Rs 56 crore in Q4
New Delhi, May 20: Fintech company MobiKwik has reported a wider consolidated loss of Rs 56.03 crore in the fourth quarter of the financial year 2024–25 (Q4 FY25), compared to a small loss of just Rs 67 lakh in the same quarter last fiscal (Q4 FY24).
Govt approves 187 startups for tax exemption to boost growth
New Delhi, May 15: In a significant boost to India's startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for income tax exemption under the revamped Section 80-IAC of the Income Tax Act, according to an official statement issued on Thursday.
Paytm delivers profitability breakthrough in Q4, brokerages raise targets
New Delhi, May 7: Paytm (One97 Communications Limited) has delivered a solid operational turnaround in Q4 FY25, achieving profitability at the EBITDA before ESOP level -- a significant milestone in its path to sustained profits.
OYO reports Rs 166 crore profit in Q3, revenue jumps 31 pc
New Delhi, Feb 9: Travel tech unicorn OYO on Sunday reported a strong financial performance in the third quarter (Q3) of FY25, posting a profit after tax (PAT) of Rs 166 crore.