Who will win the war among online budget hotel players in India?
Online budget hotel space has emerged as a promising new market in India along with the booming travel sector, aided by digitization. This sector aims to help travelers solve the problem of booking budget hotels without compromising on the quality …
Voonik Technologies’ revenues jump 500% in FY 2016-17
Online shopping portal Voonik Technologies has reported revenues of INR 117 crore in the FY 16-17. This online fashion and lifestyle store was first launched as a personal shopping app for mobile platforms. The company seeks to differentiate itself from …
KKR led profitable IPL teams in FY17 and RCB saw a turnaround
While the IPL 2018 frenzy grips the country and fans don their team shirts, it’s a good time to take stock of the profits the franchises are making. Four out of the eight teams have registered their FY17 revenues with …
Foodpanda India curtail its losses in FY 2016-17
The latest financial statement for Foodpanda, the popular name for Pisces Eservices Pvt Ltd., has reported revenues of INR 62 crore in the last fiscal year. Foodpanda is a food delivery service that operates an app and online …
Vivo Mobile India’s revenues jump 500% in FY 2016-17
Vivo Mobile India has reported revenues of INR 6,146 crore in FY 16-17, which is a huge leap over the previous year’s revenues as interest in Chinese smartphones has skyrocketed in recent years. Vivo Mobile has had brand ambassadors such …
Xiaomi’s revenues jump by 700% in FY 2016-17 with profits
Xiaomi Technology India Pvt. Ltd. reported revenues of INR 8,380 crore in the FY 16-17, surpassing its past performance exponentially. The Chinese mobile phone company made a recent entry into the Indian market and put up stiff competition for higher …
Yatra Online’s financials for FY ending 2017
Online travel portal Yatra.com has reported revenues of INR 685 crore in the FY 16-17. The company offers travel booking services including hotels, flights, holidays, trains and buses. Incorporated in 2005 Revenue FY 16-17 INR 685 Cr Loss FY …
Cleartrip Private Limited financials for FY ending 2017
Online travel company Cleartrip has reported revenues of INR 273.21 lakhs in FY 16-17. Cleartrip is a major player in the online travel industry today. Incorporated in 2005 Revenue FY 16-17 INR 273.21 Cr Loss FY 16-17 INR 63.35 Cr …
Clues Network struggling to survive
Clues Network Pvt Ltd, the operator of online shopping portal ‘ShopClues’ has reported a revenue of INR 188 crore in FY 16-17. 30% of revenues are earned from its advertising and marketing services and 10% from monetization and seller …
Zoomcar India’s revenues jump by 35% in FY 2016-17
Zoomcar India Pvt Ltd has reported total revenues of INR 121 crore in its latest financial statement for the FY 16-17. The passenger transport service provider offers customers self-driving vehicles on rent. The company also runs the Zoomcar Associate Program …
Levi Strauss manages to achieve 12% revenue growth in FY 2016-2017
Levi Strauss India Pvt Ltd, manufacturer of textile products, has reported a revenue of INR 842.5 crore in FY 16-17. The company operates the brands Levi Strauss Signature, Dockers and Levi’s, and is a major player in the Indian …