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New Delhi: VerSe Innovation, India's one of the leading local-language technology and AI-driven platforms, has reported strong financial and operational performance for FY25. According to the company, it achieved 88% year-on-year consolidated growth in revenue from operations, alongside a 20% reduction in EBITDA burn, while expanding monetisation, geographic reach, and operational efficiency -- paving the way for sustainable, profitable scale. These audited accounts were reportedly approved by ...Read More >
New Delhi: The sales volume of used cars in India is expected to cross 6 million units this fiscal, driven by value-conscious demand, rising digital adoption, and better access to finance, credit rating agency Crisil Ratings said in a report. This growth has pushed the used-to-new car sales ratio to 1.4, up from less than 1 five years ago, with used car volumes growing more than twice as fast as new car sales. After a tepid 5% volume growth between fiscal 2017 and 2024, used vehicle sales grew ...Read More >
New Delhi [India], July 13 (ANI): The sales volume of used cars in India is expected to cross 6 million units this fiscal driven by value-conscious demand, rising digital adoption and better access to finance, the credit rating agency Crisil Rating said in a report. This has lifted the used-to-new ratio in car sales to 1.4 from less than 1 five years ago, with the volume growing more than twice as fast. Also Read | On Which Channel Zimbabwe T20I Tri-Series 2025 Live Telecast in India Will Be A ...Read More >
Kolkata, Jul 11 (PTI) The sales volume of used cars is expected to grow 8 to 10 per cent in the 2025-26 fiscal, according to a report by Crisil Ratings. Driven by rising digital adoption and better access to finance, the sales volume is likely to touch around six million units this fiscal, it said. The ratio of used-to-new cars in sales has increased to 1.4 from less than one in a span of five years, the report said. The market value of used cars is estimated to be around Rs 4 lakh crore. Th ...Read More >
New Delhi, May 26 (PTI) Zepto Co-Founder and CEO Aadit Palicha has accused the chief financial officer of a competing company of orchestrating a smear campaign against his quick commerce platform. In a LinkedIn post on late Sunday, Palicha, not taking names, alleged that the CFO of one of Zepto's competitor firms has been reaching out to Zepto's investors with unsubstantiated claims, distributing false financial data to journalists, and employing bots to spread negative narratives about Zepto o ...Read More >
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