Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Magicpin's food delivery biz turns EBITDA positive in Q1
Financial Express Lucknow
|July 07, 2025
THE FOOD DELIVERY business of hyperlocal delivery startup magicpin turned EBITDA (earnings before interest, tax, depreciation and amortisation) positive in the April-June quarter as it increased focus on the value segment.
"We are now EBITDA positive in the food delivery business," Anshoo Sharma, co-founder and CEO of magicpin told FE in an interaction.
He added that in the last five quarters, the food delivery business had grown three times. However, he did not disclose the monthly order value of the business.
Denne historien er fra July 07, 2025-utgaven av Financial Express Lucknow.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Lucknow
Financial Express Lucknow
Fino Payments Bank MD & CEO Rishi Gupta quits
FINO PAYMENTS BANK said on Thursday its board has accepted the resignation of Managing Director and Chief Executive Officer Rishi Gupta.
1 min
May 22, 2026
Financial Express Lucknow
Lava to invest ₹1,100 cr to expand components biz
MOVE TO GENERATE 8,500 JOBS, DEEPEN LOCAL VALUE ADDITION
1 mins
May 22, 2026
Financial Express Lucknow
Pulses imports fall 34% on robust domestic output
INDIA'S PULSES IMPORTS dropped 34% to $3.63 billion in FY26 on year, which trade sources attribute to sluggish demand and robust domestic crop.
1 mins
May 22, 2026
Financial Express Lucknow
Online gaming is on, online betting is not
The Online Gaming Act addresses ambiguity by replacing the older skill-versus-chance inquiry with a money/stakes-plus-enrichment test
3 mins
May 22, 2026
Financial Express Lucknow
Banks and NBFCs warm up to electric trucks financing
BANKS AND NON-BANKING financial companies (NBFCs), once reluctant to finance electric commercial vehicles due to concerns around battery life, residual value and operational viability, are now increasingly opening up capital flows to the segment as improving economics and charging infrastructure strengthen confidence in the ecosystem, according to Rajesh Kaul, vice president and business head — trucks at Tata Motors.
1 mins
May 22, 2026
Financial Express Lucknow
Uber, JSW Group sign pact to co-develop EVs
UBER AND JSW GROUP have signed a memorandum of understanding (MoU) for the joint co-development and deployment of electric vehicles tailored for India's ride-hailing market.
1 min
May 22, 2026
Financial Express Lucknow
Diesel price gap drives fleet rush to PSU petrol pumps
A WIDENING ₹40-42 per litre gap between market-linked bulk diesel prices and lower retail pump rates has triggered an unprecedented shift of commercial fuel buyers to public sector petrol pumps.
1 mins
May 22, 2026
Financial Express Lucknow
India Inc's overseas investments double in Apr
OVERSEAS DIRECT INVESTMENT by Indian companies doubled in April over the previous month to $3.369 billion, the Reserve Bank said on Thursday.
1 min
May 22, 2026
Financial Express Lucknow
Tiago may get BaaS to lower entry price
TATA MOTORS WILL launch the refreshed Tiago petrol and EV on May 28, with both versions set to receive notable cosmetic updates and distinct styling identities for their respective powertrains.
1 min
May 22, 2026
Financial Express Lucknow
Goa govt bets on beachside co-working
SEEKING TO REDEFINE itself beyond a tourism hotspot, the Goa government launched “Shackathon 2026”—an initiative by the tourism and IT departments aimed at transforming the state into India’s “workation” destination.
1 mins
May 22, 2026
Listen
Translate
Change font size