試す - 無料

Borzo eyes group-level profitability by FY26: CEO

Business Standard

|

September 27, 2025

Logistics platform Borzo is eyeing consolidated profit across five key global markets by March 2026, nearly two years after turning bottom-line positive in its largest market, India.

- AJINKYA KAWALE

The Mumbai-based company, which provides on-demand delivery services to small and medium businesses (SMBs), turned profitable in India in 2024.

'The next step is to bring the whole company to a profitable level by March 2026... In our situation, where we aren't deeply pocketed, we have to be creative in our solutions and not subsidise our riders or clients. We will never go into a (price) war with our peers," Alina Kisina, chief executive officer (CEO), Borzo, told Business Standard.

Borzo's target of consolidated profitability during the current financial year comes on the back of turning profitable in its largest market, India.

Business Standard からのその他のストーリー

Business Standard

Govt in talks with industry to slash compliance time

The government is in talks with industry and other stakeholders to reduce the timeline for compliance with regard to the Digital Personal Data Protection (DPDP) Act and Rules from the current 18 months, Union Electronics and Information Technology Minister Ashwini Vaishnaw (pictured) said on Monday.

time to read

2 mins

November 18, 2025

Business Standard

India signs first LPG term deal with US

To import 2.2 mt cooking gas; development comes at a time when negotiations for India-US BTA gather steam

time to read

2 mins

November 18, 2025

Business Standard

200% spike in gold import drives trade deficit to $41.68 bn

Exports in Oct saw sharpest decline in 14 mths

time to read

3 mins

November 18, 2025

Business Standard

Global forums: Necessities or unnecessary burdens

In the era of constant change, the modern world continues to grapple with a range of crises geopolitical, economic, health, and climate related. Current examples abound:

time to read

3 mins

November 18, 2025

Business Standard

Business Standard

Chennai, a city straining under its own speed

Charging towards tomorrow on yesterday's transport system, Tamil Nadu’s restless capital has blown past the limits of its own network — and a trillion-rupee overhaul now tries to teach the city how to move again

time to read

4 mins

November 18, 2025

Business Standard

IPOs increasingly becoming exit vehicles for early investors: CEA

India’s equity markets may have expanded rapidly, but initial public offerings (IPOs) are increasingly becoming exit vehicles for early investors rather than as engines for raising long-term capital, a shift that undermines the spirit of public markets, Chief Economic Advisor V Anantha Nageswaran warned on Monday at a CII event.

time to read

3 mins

November 18, 2025

Business Standard

Among oldest Sensex stocks, TaMo drifts towards exit again

Tata Motors, one of the Sensex’s original constituents, is at risk of losing its place in the 30-share benchmark next month, following a division in market capitalisation (mcap) after the demerger of its commercial vehicles business in October.

time to read

2 mins

November 18, 2025

Business Standard

Business Standard

Shielding homes in financial distress

A decade-long delay in individual insolvency protections leaves families vulnerable

time to read

4 mins

November 18, 2025

Business Standard

Business Standard

GST reforms expected to ignite animal spirits in financial sector: DEA secy

Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.

time to read

3 mins

November 18, 2025

Business Standard

Business Standard

Jeff Bezos to co-lead AI startup in first operational role since Amazon

Jeff Bezos, the founder of Amazon and one of the world’s wealthiest people, is throwing his money and time into an artificial intelligence startup that he will help manage as its co-chief executive.

time to read

3 mins

November 18, 2025

Listen

Translate

Share

-
+

Change font size