Zepto Café cross 75,000 daily orders in 2 months of launching
Just two months after its inception, Zepto Cafe has crossed an impressive milestone with 75,000 daily orders!
The quick-commerce platform’s café service is heart-winning with its fast delivery, a range of snacks, beverages and essentials.
Customers love the experience of receiving their favorite items in minutes. This win demonstrates how much people love speed and choice in their daily routine. Zepto Café: A Revolutionary Play Above the Rest With a No-Miss Combination Porter Your Go-To Solution for Same-Day Deliveries in the City
FirstCry loss down 70% to Rs 14.7 cr and shuts down 38 Stores In Q3 FY25
In Q3FY25, FirstCry’s losses fell sharply, reducing by 70% to Rs 14.7 crore.
During the same time period, the company also shuttered 38 of its locations. The move is part of their strategy to streamline operations and focus on profitability.
And while the road to some sort of recovery is still going to be long and fraught with challenges, a reduction in losses is a sign that their stabilization efforts might be working.
Closing stores is a difficult but essential business decision to better align with the current market landscape and to secure future success.
Dhan to raise $150 million at unicorn valuation
Dhan, an Indian investment platform, plans to raise $150 million in funding. The round brings the company’s valuation over the unicorn line, over a billion dollars.
Dhan said the funds will be used to expand services and acquire more users.
The platform, which seeks to make investing easier for the average person, is drawing intense interest from investors.
The Unocoin Celsius launch signifies growing confidence in India’s fintech ecosystem.
OYO’s profit 6x to ₹166 crore in Q3 FY25
OYO: In the third quarter of the financial year 2025, OYO has reported a tremendous profit.
The company’s profit increased six-fold to ₹166 crore, from the year-ago period. The robust performance indicates that OYO will bounce back after the hiccups it faced in the past.
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The increase results from improved cost management and more demand for its services. OYO’s focus on its operations and customer experience appears to be paying off.
This announcement brings new hope and positivity for the future of the company as it seems to spur its foothold in the market.
Droom post Rs 40 cr loss in FY24
Droom, an e-commerce company selling used vehicles, posted a loss of Rs 40 crore in FY 2023-24.
The new problems were added to slow demand and high costs of operations that kept the company afloat.
Droom had been working to expand its business, but struggled to make profits. The setback underscores the intense competition in the online car world and the challenges involved in holding on to a leading position.
It has also provided an alternative mode of transport and is being consistently enhanced to ensure that it benefits a maximum amount of users and consumers alike.
Ola Electric need to sell 50,000 EV/month to be profitable : CEO
According to Ola Electric’s CEO, Bhavish Aggarwal, the company must sell a minimum of 50,000 electric vehicles (EVs) per month for it to turn profitable.
This early warning reflects the challenges the company is facing in a competitive landscape. While this target is ambitious, Ola Electric is incentivized to grow its sales to achieve it, considering the long-term relevance of profitability.
This monthly sales number is crucial for the business to stay strong and sustainable and the company is betting big on India’s growing demand for EVs.
That message from the chief executive expresses both ambition and the weight of performance in a rapidly shifting business.
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