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Medikabazaar’s Gross Revenue Surpasses Rs 1,500 Cr in FY22
source link: https://nextbigwhat.com/medikabazaars-gross-revenue-surpasses-rs-1500-cr-in-fy22/
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BYD India delivers over 700 Atto 3 Electric SUVs since January
- BYD India introduced the born-EV SUV in November 2022 at an entry price of Rs 33.99 lakh (ex-showroom).
- Since its market introduction, BYD India has delivered over 700 units of the Atto 3 Electric SUV across multiple Indian cities.
Cisco India President highlights India’s digital public infrastructure
- Cisco India President emphasizes the importance of India’s digital public infrastructure.
- He points to CoWIN (the digital backbone of COVID-19 vaccination programme) and India’s digital health ID mission to illustrate how the country has successfully implemented and expanded digital solutions.
Medikabazaar’s Gross Revenue Surpasses Rs 1,500 Cr in FY22
- B2B medical supply chain platform Medikabazaar raised $65 million with a 3X jump in valuation in April 2022.
- The fundraising was due to the company’s strong financial growth during FY22, with a 2.74X increase in revenue and well-controlled expenses.
- The operating gross revenue for the Mumbai-based company surpassed Rs 1,500 Cr.
Online Gaming Companies Claim TDS Will Reduce Rows and Compliance Burden
- A top executive at a fantasy sports gaming platform said the government had initially set a July deadline for TDS applicability to give companies time to comply.
- However, having two different taxation systems in a single financial year could lead to compliance problems and potential tax disputes.
- The executive claimed that TDS will reduce rows and compliance burden.
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