Stay updated with breaking news from Ebitda Positive. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In October, BharatPe facilitated loans exceeding Rs 640 crore for its merchants in partnership with its NBFC partners, witnessing a 36 percent YoY growth.
Here are the top headlines from the startup space.
The company is mainly looking to open hospitals in Maharashtra, Delhi and Uttar Pradesh, a shift from its established ground in South India, company Chairman Dr. Amar Agarwal told ET. "Most of our new hospitals will be acquired instead of built," he said, adding that it was a more efficient way to break ground in newer territory. The company, he said, has 10 new acquisitions lined up in these regions, which are expected to be completed by the end of this year.
OYO India business EBITDA positive, firm on path of resurgence: Ritesh Agarwal Ritesh Agarwal, founder of Oravel Stays Pvt. Ltd that runs Oyo Rooms. Photo: Bloomberg 1 min read . Updated: 17 Mar 2021, 06:20 PM IST PTI 'OYO is on a steady path of resurgence in 2021 and we are seeing signs of recovery across India, Europe, and Southeast Asia. OYO's survival through the Covid crisis and our resurgence show that we are a company with strong fundamentals and high value potential,' said Ritesh Agarwal Share Via Read Full Story NEW DELHI : Hospitality firm OYO's India business is now EBITDA positi...
Representative Image ANI | Updated: Jan 11, 2021 21:36 IST New Delhi [India], January 11 (ANI): Under Union Minister Ravi Shankar Prasad, five years ago, BSNL's growth in income and ability to contain expenditure in salary, administrative, employee remuneration and other benefits, helped in growing EBITDA to Rs 3,855 crore in 2015-16 from Rs 672 crore in 2014-15 and now after few "troubled" years and a revival package BSNL is once again back on the track of profitability, according to an official release. "We are going to revive BSNL and make it profitab...