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Dailyhunt's Parent Company Has Reported a Loss of Rs 2,500 Cr and a Revenue of Rs 965 Cr for the FY22

Dailyhunt and short video entertainment app Josh, continues to lose money, with its losses more than tripling to Rs 2,500 cr but also reported a Revenue of Rs 965 Cr in FY22.

#Dailyhunt #Josh #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding

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upGrad losses spike 3X to cross Rs 600 Cr in FY22
Ronnie Screwvala’s upGrad, which provides higher education, managed to grow its scale two-fold to Rs 679 crore in FY22, as per the company’s annual financial statements with the Registrar of Companies (RoC).

#upGrad #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding

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Xiaomi India discontinues Mi Credit, Mi Pay apps

Phone maker Xiaomi’s India subsidiary is no longer offering Mi Credit, the personal loan marketplace that it operated. The Mi Credit app is no longer on the Play Store, and the third party service APKMirror lists the last update to the app as taking place in July.

#Xiaomi #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #BusinessStartupNews #Entrackr #IPOnews #startupfundingindia #startupsnews #funding

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CCI Fines MakeMyTrip and OYO for Anti-Competitive Conduct

The Competition Commission of India (CCI) has fined MakeMyTrip and Oyo for anti-competitive conduct in hotel room listings. The CCI has fined both companies 5% of their annual turnover for a period of 3 years.

#OYO #MakeMyTrip #CCI #Revenue #Fintrackr #Fintech #Valuation #Investmentnews #businessnews #Entrackr #startupsnews #funding

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Winzo File a Claim Against Google for Not Authorising Non-Rummy Games on Play Store

Winzo, the producer of Poker and Rummy games files a complaint against Google in Delhi High Court said "Google is discriminating and is not authorising Non-Rummy games on the Play Store. Winzo says that Google is partial and it only permits Rummy and unrealistic sports games.

#Winzo #WinzoGames #Rummy #Entrackr #startup #NEWS

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