Out Of 100 India’s Unicorns, Only 18 Have Yielded Profit
Google-backed neobank Open became the 100th unicorn of India with a $1 billion valuation. There are a total of 100 unicorns in India, including Mamaearth, EaseMyTrip, Ola, and Flipkart to name a few. But how many of these are profitable? According to the statistics from the media portal, only 18 unicorns have achieved profitability. Reports…
EaseMyTrip, India’s Online Travel Platform, Announced Bonus Shares
India’s one of the largest online travel platforms ━ EaseMyTrip ━ has declared the issuance of bonuses intending to allow its shareholders to increase their equity and gain greater exposure to its future growth. In the meeting, held on 12 January 2022, Wednesday, the board of directors have approved and recommended the issuance of fully…