Company
“Ola EV Company Shares Plunge 4.6% Following High Level Executive Exits”
On December 30, 2024, Ola EV stock experienced a significant drop during intraday trading, plunging by 4.6% to ₹85.93. The decline comes amidst a wave of high-profile resignations at the executive level, raising concerns about the company’s stability and future direction. Company Down Reason Just two days ago, the company’s Chief Marketing Officer, Anshul Khandelwal, […]
“Paytm’s Roller Coaster Year: Highs, Lows, And The Road Ahead”
The year 2024 has been a mixed bag for Paytm, much like 2023. In 2023, the fintech giant came tantalizingly close to profitability but ended the year on a weak note, leaving investors and analysts disappointed. In contrast, 2024 tells a different story, with the company demonstrating resilience despite a shaky start. Paytm News The […]
“PharmEasy’s Company Valuation Slashed To $456 Million By Investor”
India’s leading online pharmacy company, PharmEasy, has witnessed a significant drop in its valuation, now standing at $456 million. This marks an 18.57% reduction compared to its valuation during the last fundraising round in April, where it was valued at approximately $560 million. PharmEasy Status The update regarding the valuation drop was first reported by […]
“Ola Electric Shares Surge 6% Amid Store Expansion And New E-Scooter Launch”
On December 26, Ola Electric witnessed a significant milestone as its stock surged by over 6% in the initial hours of trading. This remarkable growth highlights the burgeoning success of the electronic vehicle startup, under the leadership of Bhavish Aggarwal. Ola Electric Achievement Motivated by its achievements, Ola Electric has announced the opening of 3,200 […]
“Ola Company Expands To 4,000 Stores, Launches S1 Pro Sona Edition”
Ola Electric, a leading electric vehicle startup, has announced its ambitious plan to expand its presence across India. The company will be opening 3200 new stores, aiming to make its electric scooters accessible to more people, especially in smaller cities and towns. Additionally, Ola plans to increase its existing showroom and service center network to […]
“PhonePe Cofounders Announce 1 Million Dollar Grant To Alma Mater For Innovation”
Sameer Nigam and Rahul Chari, the cofounders of PhonePe, have announced a generous grant of $1 million to their alma mater, Sardar Patel Institute of Technology (SPIT), Mumbai. This announcement was made during the celebration of the 25th anniversary of the institute’s 1999 graduating batch. SPIT Infrastructure The substantial donation aims to enhance SPIT’s infrastructure, […]