Denemek ALTIN - Özgür
Tech firms tap services for reach, products for profit
Mint Kolkata
|November 20, 2025
Urban Co, MyGate, HealthifyMe, Paytm rely on service-linked products to drive repeat use
These new-age technology companies are building large service-driven user bases and monetizing them through higher-margin hardware and product lines.
(REUTERS)
Quick commerce made Swiggy and Zomato indispensable, while electric vehicles gave Ola a clear purpose. Now, the next wave of Indian tech startups—Urban Company, MyGate, HealthifyMe, Paytm, and others—are adopting a similar template: providing services for reach, but selling products to make money.
But, without the depth of legacy players, the platforms are starting small, relying on the still-evolving service-attach model to drive stickiness and bring repeat usage, indirectly strengthening business economics.
Home-services platform Urban Company, which made a stellar stock-market debut on 17 September, is seeing measurable traction for its home-solutions brand Native, which contributed about ₹75 crore, or roughly 11%, to its revenue of ₹380 crore for the September quarter. The products business has expanded fourfold from ₹29 crore in 2023-24 to ₹116 crore in 2024-25.
Bu hikaye Mint Kolkata dergisinin November 20, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint Kolkata'den DAHA FAZLA HİKAYE
Mint Kolkata
America's retreat
President Donald Trump has pulled the US out of more than five dozen global organizations.
1 min
January 09, 2026
Mint Kolkata
Modulus taps UBS for private credit biz
Modulus Alternatives Investment Managers hired a veteran banker from UBS Group AG to lead its private credit business, according to people familiar with the matter, as demand for talent in the sector heats up.
1 min
January 07, 2026
Mint Kolkata
What the Union budget must do to get private capex going again
Long-term tax and regulatory certainty would grant private businesses the confidence to take risks
3 mins
January 07, 2026
Mint Kolkata
Ten top video games to look forward to in 2026
From the long-awaited GTA VI to fresh horror, superhero and sci-fi epics, 2026 is shaping up to be a blockbuster year
3 mins
January 07, 2026
Mint Kolkata
TVs ward off smartphone threat with AI
Uber robotaxis are on their way in, in 2026—and other AI news this week
1 min
January 07, 2026
Mint Kolkata
Average crude import cost falls below $60/barrel to 5-year low
India’s average crude oil import cost fell below $60 a barrel on Monday, the lowest in nearly five years, despite global geopolitical upheavals and sanctions against three major suppliers—Iran, Russia and Venezuela.
1 mins
January 07, 2026
Mint Kolkata
A study in deductions: How the taxman spots anomalies
A guide to how the tax system’s algorithms are flagging mismatches in Form 16, AIS and ITRs
4 mins
January 07, 2026
Mint Kolkata
Natco challenges Novo Nordisk’s Semaglutide patent
Hyderabad-based Natco Pharma Ltd has filed a patent revocation petition before the Delhi high court against Danish drugmaker Novo Nordisk, which sells weight-loss drug semaglutide under Wegovy brand name.
1 mins
January 07, 2026
Mint Kolkata
MAGINOT LINE FALLACY AND THE COSTLY ILLUSION OF TIMING THE MARKET CYCLES
In the years between World War I and World War II, France built what it believed was an impenetrable defensive barrier—the Maginot Line.
2 mins
January 07, 2026
Mint Kolkata
Mid-sized startups ditch unicorn chase to go public earlier
A growing cohort of mid-sized companies is considering a much earlier entry into public markets, unlike the post-pandemic boom of 2021 when Indian startups stayed private as long as possible in pursuit of unicorn valuations.
1 min
January 07, 2026
Listen
Translate
Change font size