Mamaearth's parent Honasa Consumer lost its unicorn status on Thursday just a year after hitting pubic markets amid investor punishment for weak Q2 performance.
The EV-maker also reported a revenue from operations of Rs 6.57 crore in FY24 as opposed to no revenue from operations being recognised in FY23.
HealthifyMe Wellness Private Limited, the Indian entity of the group, clocked a standalone operating revenue of Rs 206.3 crore in FY24, a drop of 9% compared with Rs 228.7 crore earned in FY23.
The AI company said the Krutrim Cloud is set for a Q1 FY25 launch, marking the beginning of anticipated revenue streams.
The EV-maker is reportedly undertaking laying off in means to quicken the company’s target to reach profitability.
The most anticipated Test series of 2024-25 will see India and Australia lock horns in a 5-match contest Down Under.
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The Rs 10,000-crore share sale received bids for 60,68,16,774 shares, as against 59,31,67,575 shares on offer, translating into 1.02 times subscription, as per NSE data till 11:27 hours.
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The BSE benchmark Sensex jumped 506.58 points to 77,662.37 in early trade. The NSE Nifty climbed 162.9 points to 23,512.80.
Zinka, which operates the BlackBuck app, a digital platform for truck operators, had priced its IPO between Rs 259-273 per share for its Rs 1,115 crore initial sale.
Anshu Sarin is CEO of 91Springboard India. She has recently concluded a successful turn-around and strategic sale of Berggruen Hotels (Keys Hotels) to the domestic mid-market leader, Lemon Tree Hotels ...