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Logistics unicorn Xpressbees' net loss surges 6X to over Rs 180 cr in FY23

B2B logistics service provider Xpressbees saw its net loss surging to over six times in FY23, owing to higher cash burn.The Supam Maheswari-led startup reported a net loss of Rs 180.4 crore in FY23, an increase of 566 per cent from Rs 27.1 . ....

New Delhi , Busybees Logistics Solutions , Supam Maheswari Led , Busybees Logistics , Venture Growth , Ontario Teachers ,

Snap's Evan Spiegel on growing beyond 200 million users in India; Banks woo fintechs to push gold loans

Snap CEO Evan Spiegel elaborated on his plans for India, his vision for artificial intelligence (AI) and augmented reality (AR) in the days ahead, and much else, in a free-wheeling talk with ET. This and more in todays ETtech Morning Dispatch. ....

United States , Samidha Sharma , Evan Spiegel , Satya Nadella , Rajeev Chandrasekhar , Varun Vohra , Amitava Saha , Garima Luthra , Kanwaljit Singh , Sam Altman , Softbank Wework , Ajit Mohan , Varun Alagh , Rashmika Mandanna , Ghazal Alagh , Pranav Arora , Micron Technology , Axis Bank , Sequoia Capital , Snap Inc , Big Tech , Snapchat Plus , Lens Studio , Reserve Bank , Federal Bank , Honasa Consumer ,

Ontario Teachers' Pension Plan Gets a Buzz on Xpressbees

Xpressbees is an end-to-end logistics companies in India. Xpressbees has established itself as a full-service logistics organization across B2C Express, B2B Express, 3PL, Cross-border operations, Shipping aggregator and SME courier services. Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of the C$249 billion Ontario Teachers’ Pension Plan has made a US$ 80…
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West Bengal , Khazanah Nasional Berhard , Deepak Dara , Alibaba Group , Ontario Teacher Pension Plan Gets , Venture Growth , Ontario Teacher Pension Plan , Ontario Teacher , Blackstone Growth , Elevation Capital , Norwest Venture Partners , Teacher Venture Growth , Senior Managing Director , Ontario Teachers Pension ,

Democrance expands footprint in Saudi Arabia

Democrance, an insurtech firm, helps insurers increase their digital sales and access new customer segments ....

Saudi Arabia , Ar Riya , United States , Hussain Almarhoon , Medea Nocentini , Michele Grosso , Mazen Alasnag , Saudi Aramco , Financial Sector Development Program , Democrance Expands Presence , Saudi Arabia Image , Wa Ed Ventures , Venture Growth , Middle East , Southeast Asia ,

Democrance expands footprint in Saudi Arabia after closing a funding round led by Wa'ed Ventures

Democrance expands footprint in Saudi Arabia after closing a funding round led by Wa'ed Ventures
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Saudi Arabia , Ar Riya , United Arab Emirates , United States , Kingdom Of Saudi Arabia , Nausheen Shamsher , Medea Nocentini , Michele Grosso , South East Asia , Hussain Almarhoon , Mazen Alasnag , Saudi Central Bank , Capital Market Authority , Saudi Aramco , Financial Sector Development Program , Wa Ed Ventures , Global Ventures , Saudi Vision , Founding Managing Partner , Venture Growth , Senior Partner , Middle East , Southeast Asia , Latin America ,