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Myntra is now EBITDA positive. The crackdown on returns worked :)

I think they'll separate away as an entity just like PhonePe did

Fashion ecommerce major Myntra claimed that its marketplace entity has turned EBITDA positive “since the last quarter of calendar year 2023”...

https://inc42.com/buzz/myntras-marketplace-entity-turns-ebitda-positive-in-q4-2023/

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News Discussion on

by LawfulPray11

PayPal

Flipkart ESOP payout worth $700M

Any news on who is getting it, what's like an average payout for eligible employees? As per the news article, approx 19000 employees are getting it. Anyone has insider info?

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Indian Startups on

by DeeplyDone

Swiggy

Big if true, given Meesho’s scale

I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business

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Layoffs on

by noobboi

Myntra

List of companies doing silent layoffs

List of companies doing silent layoffs using PIP and Cultural fit issues. Myntra Flipkart Meesho Cars24 Smallcase

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Indian Startups on

by WittyFeed

Venture Capital

Swiggy hits EBITDA profitability on its food delivery business. For context, Zomato turned EBITDA profitable in their last quarter (food delivery) as well. Thoughts?

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Indian Startups on

by Jghfdsyipouhgxd

Stealth

Dead 11

Do you guys agree with the list? Anymore candidates

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Personal Finance on

by UsernameChecksOut

Stealth

Paytm stocks lying in my holdings, every time I successfully accumulate more to average out my price, something goes south and the stocks crash. I have patience, and can accumulate some more. Any sound advice?

P.S. Not seeking directions, just some sane advice. I was in a murky situation with PNB a few years ago, and I successfully managed to accumulate and now they are doing handsomely!

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Indian Startups on

by CallMeShirley

Citymall

The list that truly matters. India's unicorns sorted by profit in FY22.

Might be a good bet to filter out the ones with good culture, and apply there if you want a somewhat safe but growing career. Does anybody know startups here with good culture?

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