Fortune India: Business News, Strategy, Finance and Corporate …
WEBMacro RIL trumps IOC to top Fortune India 500. With FY19 revenue of ₹5.81 lakh crore, RIL became the first privately-held and the only other company to become India’s largest corporation apart from Indian Oil for the first time in 10 years.
Fortune India: Business News, Strategy, Finance and Corporate …
WEBFortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight. Home of Fortune India 500, The Next 500, Most Powerful Women, and 40 under 40
Fortune 500 India: Fastest Growing Companies - Fortune India 500
WEBDec 9, 2021 · Metals and pharma logged the fastest growth in revenue in FY21. Max Healthcare's revenue rose over 130% while Bharti Airtel led the top tier in Fortune 500 rankings. By Fortune India, Dec 8, 2021 1 min read. Advertisement.
The secret of Nykaa’s success - Fortune India 500
WEBFeb 20, 2021 · In parallel, between March and April last year, Nykaa managed to raise ₹166 crore as primary investment from Steadview Capital, an Asia-focussed hedge fund, at a valuation of ₹9,100 crore ($1.2 billion) that catapulted the eight-year-old venture to unicorn status—a startup worth $1 billion. “We had been following Nykaa’s journey for ...
How MakeMyTrip pivoted from flight platform to travel super app
WEBMMT in FY23 saw a GMV of $6.5 billion, from $1.63 billion in FY21. From a loss of $70 million, the company's profits have increased to $70 million in FY23. Hotels contribute 40% to MMT's overall revenue. The travel industry is back with a vengeance after the COVID-19 pandemic. Like most travel and hospitality companies which languished during ...
How UPI is making India’s digital economy boom - Fortune India 500
WEBApr 24, 2021 · At a time when the country witnesses explosive growth, it can’t depend on just one payment ecosystem. According to a study by the Ministry of Electronics and Information Technology, India’s digital economy was valued at $200 billion in 2018, accounting for 8% of GDP. It is slated to grow to 18%-23% of the national GDP by 2025.
Fortune India Rich List 2022: The 10 Richest
WEBSep 17, 2022 · The top 10 of India’s richest control ₹31.71 lakh crore of the ₹66.36 lakh crore wealth owned by 142 dollar billionaires. India’s dollar billionaires are equivalent to 26.67% of the country’s FY22 GDP. Gautam Adani rules the chart, breaking into top five globally, ahead of Bill Gates. Long reigning No.1 Mukesh Ambani is second richest ...
Social commerce: The Meesho way - Fortune India 500
WEBJun 18, 2021 · This easily makes Meesho the biggest player in India’s nascent social commerce market, whose worth, according to Bain & Co. and Sequoia Capital India, could balloon from $1.5 billion-$2 billion today to nearly $70 billion by 2030. Not bad for a company that pioneered the social commerce trend in …
What's behind Zomato’s Blinkit acquisition? - Fortune India 500
WEBJun 29, 2022 · The reasons are perhaps not unfathomable: for one, the quick commerce model is cash guzzling; lower AOVs (average order value) and high delivery costs make the unit economics unattractive. Also, Blinkit is a loss-making startup — although the firm’s AOV is about ₹509, 28% higher than Zomato’s, Blinkit is still losing ₹84 per order.
How Zerodha Went from Zero to Hero - Fortune India 500
WEBFeb 16, 2023 · But the saga did not make for a happy reading. The company, which raised $5.6 billion from private investors prior to the IPO, is floundering. From its public issue price of $38 a share in July 2021, the stock is down 90% from its high of $85 and 73% from its IPO price to $10.39 (January 27, 2023).