Venture Mirror

Beginner tutorial on how to use Claude Computer Agent venturemirror.com/tutorials/how-…

@rajeshsawhney There's more than meets the eye. venturemirror.com/news/zomato-wo…

Gap has widened.

Key takeaways: - Zomato's profit relies on non-operational income - Swiggy's growing fast and improving efficiency - Both still working towards operational profitability - The market remains highly competitive

Swiggy's 36% revenue growth is impressive in a competitive market. They're catching up - now only 7.7% behind Zomato in revenue. The 44% reduction in losses shows Swiggy is improving efficiency. They're moving in the right direction, even if not profitable yet.

Zomato will be reporting a loss without this. Well, in the battle of Swiggy vs Zomato, many say Zomato is winning, but the reality is more nuanced. Here's a thread breaking down the numbers and what they really mean.

End of thread. Note to investors investing in new IPOs. Be aware of financial stability, governance practices, & legal standing of the companies. Many companies do creative accounting to show profits to gain trust of the investors. Follow @venture_mirror for unbiased reporting

10/ 📉 July 2024: Byju's faces allegations of failing to deposit TDS with the government since July 2022. This non-compliance adds to its legal woes and could lead to severe penalties. #TaxCompliance #LegalIssues

2/ 🚀 September 2019: Byju's becomes the official sponsor of the Indian cricket team, marking a significant milestone. #Byjus #CricketSponsorship

Once India's most valued startup, Byju's faces fresh trouble as NCLT admits BCCI's plea seeking insolvency proceedings against it Byju's had once reportedly shown a profit when it announced its IPO plans. Here is a chronological thread about Byju's. Thread (1/10) 🧵