IPO-bound OYO reports EBITDA of Rs 56 crore in Q2

In its quarter two monetary results submitted to SEBI, hospitality chain Oyo reported an adjusted EBITDA of Rs 56 crore and losses of Rs 333 crore, down from Rs 414…

Sheela Foam, Welspun, and 3 PE firms are competing for controlling stake in Kurlon.

According to a person familiar with the planned deal, Sheela Foam is in talks to acquire a controlling stake in rival Kurlon Enterprise, the company that sells Kurl-on branded mattresses.…

Bira 91 raises $70 million in Series D from Japanese beer company Kirin Holdings

Bira 91, a craft beer company, has announced a $70 million Series D funding round led by Kirin Holdings, a leading Japanese beer company. The funds will be used to…

Why Boat cancelled its IPO?

Boat cancelled their 2000 crore IPO and instead raised 500 crore funding. Why? Let's find out Assume I am the CEO of a late-stage startup. In the past, I have…

Reliance Retail Q2-Results Revenue Jumps 11.8% as Footfalls Rebound

The second-quarter profit of Reliance Retail Ventures Ltd. increased as a result of robust demand and higher prices. footfalls Around the beginning of the holiday season According to its parent…

Despite widening losses in FY22, API Holdings hopes to be profitable in five quarters!

API Holdings, which owns PharmEasy and is planning an IPO, intends to become profitable on an Ebitda basis in the next 4-5 quarters, CEO Siddharth Shah said shareholders at the…

Investing in a bond portfolio for retirement planning

Retirement is the reality of life. No one can run away from the cycle of life. The early you plan the better returns you can expect from your savings or…

What are Government Bonds and its advantages?

Bonds are financial products in which an investor lends money to a third party. The entity borrows money at a fixed interest rate for a set period. This entity could…

Ixigo’s Profit Rises to Rs 9 Cr. in Q1 FY23!

Ixigo, a full-service online travel agency (OTA) and the leading rail travel booking OTA, has maintained its growing pace and turned profitable in the first quarter of FY23. According to…

This is how OYO became profitable at operating level in Q1FY23

As OYO prepares for its initial public offering (IPO), financial services firm Jefferies notes that while the company had one of the strongest first quarters in many years, there are…