Drone manufacturer Ideaforge’s revenue from operations fell by 15.7% to Rs 86 crore in Q1 FY25 from Rs 102 crore in Q4 FY24. Despite the decline, the company remained profitable. Lower drone sales impacted profits, though the cost of materials decreased by 2.4% to Rs 57.6 crore.
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ELIVAAS Raises $5 Million in Series A Funding to Boost Vacation Rental Platform
ELIVAAS, a Gurugram-based vacation home rental platform, has successfully raised $5 million in its Series A funding round.
OYO to Acquire G6 Hospitality for $525 Million in All-Cash Deal
OYO, the Indian-based hospitality giant, has announced a significant move to acquire G6 Hospitality, the company behind the
Infibeam Avenues Set to Launch RediffPay, Joining UPI Market
Infibeam Avenues Limited is set to launch a new payment app, RediffPay, which will place the company in