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MobiKwik co-founder and Chief Executive Officer (CEO) Bipin Preet Singh recently revealed that he moved out of an apartment in South Delhi after launching the fintech firm in 2009 because the rent was too high. ....
India Business News: Startups are striving for profitability due to the impact of the funding winter. Meesho, MobiKwik, and Oyo are among the startups that have reported p ....
More startups are expected to turn profitable in the coming months, said investors and analysts. After a record funding of $42 billion that startups attracted in 2021, investments into startups declined to a seven-year low of $8.2 billion in 2023. Late-stage or bigger startups bore the brunt of this decline, with funding having dropped to $4.2 billion during the year from over $15 billion in 2022, estimates shared by market research firm Tracxn showed. ....