Women-Focused Travel Gear Brand NORI Raises $350K in Pre-Seed Round
NORI Secures Pre-Seed Funding Bengaluru-based travel gear startup NORI has raised $350,000 in a pre-seed funding round led by Rebalance. The round also saw participation from: Vijay Shekhar Sharma VSS Investco Other angel investors The startup plans to use the fresh capital to expand its product portfolio and strengthen both online and offline distribution channels. […]
Ola Cabs’ Revenue Falls 42% to ₹1,171 Crore in FY25 as Losses Double
Ola Cabs Faces Sharp Revenue Decline in FY25 Ride-hailing platform Ola Consumer, formerly known as Ola Cabs, reported a major decline in financial performance for FY25 as competition intensified in India’s mobility market. The company’s operating revenue dropped by 42% year-on-year to: ₹1,171 crore in FY25compared to ₹2,012 crore in FY24 At the same time, […]