Four people have been arrested by the Enforcement Directorate (ED) in a noteworthy move. They are accused of being part of a large-scale online gambling scam that robbed consumers of over INR…
Tag: Crore
Lenskart Raises INR 160 Crore from Co-founders, Eyes Expansion
The top eyewear retailer in India, Lenskart, has raised INR 160 crore from its cofounders and CEO, Peyush Bansal. This investment is a calculated strategic decision meant to strengthen the company’s position…
TCS Q4 revenue increases by 3.5%, net profit soars to INR 12,434 crore
TCS’s overall net profit increased by 9.1% to Rs 12,434 crore for the quarter that concluded on March 31, 2024. The fact that this increase exceeded analyst forecasts shows that TCS is…
Smart Clothes, Smarter Deal: TURMS CEO Wins Over Investors on Shark Tank with Rs. 1.2 Crore Investment
Shark Tank Season 3 India, the well-known reality programme about entrepreneurship, has seen its fair share of creative proposals and exciting transactions. However, TURMS stands out for more reasons than only its…
Byju’s FY22 Financials Unveiled: Net Loss Soars to Rs 8,245 Crore Amidst Valuation Challenges Long-Awaited Financials
Edtech giant Byju’s has finally disclosed its FY22 financial results, almost 22 months after the reporting period ended, revealing a consolidated revenue surge of 118 percent from Rs 2,428 crore in FY21…