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Wipro Consumer Care Ventures has made a significant investment of $1 million in the pet food startup Goofy Tails. This move highlights the growing interest in the pet care market and the potential for innovative products in this sector.
iKargos.com has achieved remarkable growth, doubling its revenue to Rs100 Crore despite the challenging funding environment. The company has demonstrated its ability to thrive profitably, showcasing resilience and strategic management in a competitive market.
Longevity startup Biopeak has successfully raised $3 million in funding. The investment comes from notable backers including Ranjan Pai's Claypond Capital and Accel’s Prashanth Prakash, among others. This funding will support Biopeak's initiatives in the longevity sector.
Aman Publicity Services, in collaboration with Nixxar Mediawale, has introduced an innovative asset-backed Digital Out-of-Home (DOOH) investment model. This initiative aims to enhance advertising strategies in the Vasai-Virar region, marking a significant development in the media landscape.
Kaynes Technology has set an ambitious revenue target of $1 billion for the fiscal year 2028. This goal reflects the company's commitment to growth and expansion in the competitive technology sector. The strategic focus aims to enhance its market position and drive innovation.
Focus Lighting & Fixtures has reported a total income of Rs 186 crore for the fiscal year 2025. This financial performance highlights the company's growth and market presence in the lighting and fixtures industry. The results reflect a strong operational year for the firm.
OYO is set to expand its portfolio of company-serviced hotels as part of a strategy to enhance revenue streams. This move aims to strengthen its market presence and cater to the growing demand for quality accommodations. The expansion reflects OYO's commitment to innovation in the hospitality sector.
Oyo is targeting a significant increase in revenue from its company-serviced hotels, aiming to double this figure by the fiscal year 2026. This ambitious growth plan comes as the company prepares for its upcoming IPO, signaling confidence in its business model and market potential.
Chinese electric vehicle firms, including Chery Automobile and Seres Group, are preparing for initial public offerings in Hong Kong to attract global investors and expand their international presence. This shift reflects changing investment patterns amid US-China tensions, with Hong Kong emerging as a key IPO hub. China's dominance in the EV market, highlighted by significant growth and market share, continues to draw international interest despite broader market challenges.
Amazon has laid off fewer than 100 employees from its Books division to enhance operational efficiency, offering affected workers full pay and benefits for 60 to 90 days along with severance. This move aligns with a broader trend in the publishing industry, which has seen a 40% decline in jobs over three decades despite revenue growth, as companies adapt to technological changes and shifting consumer preferences. Similar workforce adjustments are occurring across major tech firms, reflecting ongoing challenges in establishing sustainable business models for digital content.
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Wipro Consumer Care Ventures invests in pet food startup Goofy Tails
15:51 06.06.2025
ikargos.com achieves 100 crore revenue growth amid challenging funding environment
15:17 06.06.2025
biopeak secures 3 million funding from claypond capital and accel investors
14:54 06.06.2025
Aman Publicity Services launches innovative asset-backed DOOH investment model
14:18 06.06.2025
Kaynes Technology sets ambitious one billion dollar revenue goal for fiscal year 2028
13:46 06.06.2025
focus lighting and fixtures announces total income of 186 crore in fy25
11:27 06.06.2025
OYO plans expansion of company-serviced hotels to boost revenue
11:19 06.06.2025
Oyo aims to double revenue from serviced hotels by fiscal year 2026
11:03 06.06.2025
Chinese electric vehicle firms pursue Hong Kong IPOs for global expansion
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10:20 06.06.2025
Amazon lays off employees in books division amid industry workforce trends
10:10 06.06.2025
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