Latest news with #PrateekMaheshwari
Time of India
3 days ago
- Business
- Time of India
Janitri raises $1.4 million pre-series A led by investor Ashish Kacholia
Bangalore-based Janitri , a maternal healthcare technology company, has raised $1.4 million in a pre-Series A round led by investor Ashish Kacholia , Founder, Lucky Investments Manager, who has doubled down on the company, having also participated in the previous round. Participants in this round included Prateek Maheshwari , Pradip Todi via O2 Angels, and the tal64 syndicate. While the current funding round is primarily based on Janitri's proven B2B success, a portion of the raised funds will be strategically allocated to enter the consumer segment. Kacholia said in a statement, 'Arun has spent time and effort in understanding unmet customer needs in the 1000-days journey of maternal care. Janitri's product is compact, full function, and enables cost-effective monitoring of mother and newborn for both hospital and home segment. It is a large market in India and overseas and hopefully, Janitri will identify more such market gaps to build a large and profitable medtech company out of India.' Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo Agarwal said in a statement, 'Janitri is building products focused on the 1000-day pregnancy journey of a mother and child. The goal is to bring joy to the mother, father, and the whole family as they anticipate and prepare for the arrival of their newborn into the world.' With this new funding, Janitri plans to expand its sales and support network across India; enhance its product suite with new offerings focused on in-home maternal healthcare; develop wearable vital signs patches for remote monitoring in the third trimester; create neonatal monitoring solutions for high-risk newborns and scale operations to reach Rs 3 crore monthly revenue in the next 12 months. Live Events The company's flagship product, Keyar, is an intrapartum monitoring device that tracks vital signs of pregnant women during labor, helping detect complications early and enabling timely interventions. Janitri addresses a critical gap in healthcare delivery — inadequate vital signs monitoring during labor, which contributes significantly to maternal and child mortality rates.
NDTV
27-05-2025
- Business
- NDTV
Physics Wallah Co-Founder On Journey From YouTube Channel To Unicorn
NDTV Education Conclave | Physics Wallah Co-Founder Prateek Maheshwari On Company's Journey From YouTube Channel To Unicorn
Time of India
22-05-2025
- Business
- Time of India
Swiggy losing Rs 18 for every Rs 100 gross sales on Instamart. Can investors make money?
India's quick-commerce clash is turning into a cash bonfire, and Swiggy is the one scorched. In the March quarter, every Rs 100 of gross order value (GOV) on Swiggy Instamart translated into Rs 18 in loss for the company, whose shares have lost half of their value in just five months. Despite Instamart's GOV doubling year-on-year to Rs 4,670 crore (19.5% QoQ growth), this segment's adjusted EBITDA loss surged to Rs 840 crore, compared to Rs 307 crore a year ago and Rs 578 crore in the previous quarter. Swiggy management pinned this on growth investments and heightened competition. But investors are clearly running out of patience. Swiggy shares have been anything but appetising lately—down 49% from its Rs 617 peak touched around last Christmas. Even from the IPO price of Rs 390, the stock has slipped 19%, leaving investors queasy and analysts sharpening their knives. Take HSBC, which slashed its target price from Rs 385 to Rs 350, citing brutal cash burn and intensifying competition. 'Blinkit lost Rs 2 per Rs 100 of GOV, while Swiggy lost Rs 18,' HSBC's Prateek Maheshwari wrote, highlighting that Swiggy's QC business trades at a nearly 60% discount to Eternal's Blinkit. 'Cash burn for Swiggy was even higher than profit losses (operating losses). In terms of competitive intensity, while the next few months are tactically favourable for Blinkit and Swiggy IM, competition may get intense again in the second half of this year and next year (2026)," Maheshwari said. Analysts warn that sustained profitability improvement may get delayed by another 12 months, warranting higher investor patience. "During this period of stressed profitability, GOV market share must be the focus. If Blinkit could maintain its market share, the stock is unlikely to correct much as well. In the next 2-3 quarters, QC companies may focus on improving the through-put of recently added stores, and that would further depend on the retention rate of the recently acquired customers," the analyst said. The gospel according to Jefferies? A clipped target of Rs 380 from Rs 400, with a cautious Hold rating. Meanwhile, BofA went even colder—cutting its target to Rs 295 and maintaining an Underperform. Their verdict: while contribution margins stayed flat, 'losses widened' due to higher discounts, ad blitzes, and a rush of store additions. Swiggy's NOV growth of 72% YoY was blown away by Zomato 's 121%, with a stinging difference in margins: Swiggy at -18% vs Zomato's -1.9%. According to Motilal Oswal, Instamart trails Blinkit on crucial metrics. GOV per dark store is 37% lower, and daily orders per store are 20% behind. No wonder Swiggy is bleeding harder. 'In the context of competition, Swiggy can ill afford to slow down on expansion,' Motilal noted. Still, they aren't giving up yet—watching AOV and dark store productivity closely before reassessing Swiggy's prospects. Swiggy management insists the worst is over. 'Q4 has seen the peak of our growth investments,' the company had told investors, claiming that with improving take-rates, better AOVs, and tapering customer incentives, contribution margins should improve. They've marked the calendar: Contribution break-even is targeted in 3–5 quarters, with EBITDA breakeven tied closely behind. Out of the 21 analysts covering Swiggy, a majority, 13, still have a Buy rating, 3 recommend Hold, and 5 say Sell, according to Trendlyne data. With the quick-commerce pie expected to expand to a massive $30 billion by FY27, some analysts argue it's still early days—too soon to fixate on market share. 'This is not a 'winner takes most' market,' Motilal noted, suggesting retail and grocery have space for more than 5 players to co-exist. While Swiggy is chasing scale and not profits for now, unless that Rs 18 loss per Rs 100 improves soon, investors might start asking whether the Instamart express is heading toward a dead end.
Economic Times
22-05-2025
- Business
- Economic Times
Swiggy losing Rs 18 for every Rs 100 gross sales on Instamart. Can investors make money?
Swiggy's quick-commerce venture, Instamart, is facing significant financial challenges, with substantial losses despite growth in gross order value. Investors are expressing concerns as Swiggy's shares decline, prompting analysts to lower target prices due to intense competition and cash burn. While the company aims for profitability, it needs to improve its financial performance to regain investor confidence. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads India's quick-commerce clash is turning into a cash bonfire, and Swiggy is the one scorched. In the March quarter, every Rs 100 of gross order value (GOV) on Swiggy Instamart translated into Rs 18 in loss for the company, whose shares have lost half of their value in just five Instamart's GOV doubling year-on-year to Rs 4,670 crore (19.5% QoQ growth), this segment's adjusted EBITDA loss surged to Rs 840 crore, compared to Rs 307 crore a year ago and Rs 578 crore in the previous quarter. Swiggy management pinned this on growth investments and heightened competition. But investors are clearly running out of shares have been anything but appetising lately—down 49% from its Rs 617 peak touched around last Christmas. Even from the IPO price of Rs 390, the stock has slipped 19%, leaving investors queasy and analysts sharpening their HSBC, which slashed its target price from Rs 385 to Rs 350, citing brutal cash burn and intensifying competition. 'Blinkit lost Rs 2 per Rs 100 of GOV, while Swiggy lost Rs 18,' HSBC's Prateek Maheshwari wrote, highlighting that Swiggy's QC business trades at a nearly 60% discount to Eternal's Blinkit.'Cash burn for Swiggy was even higher than profit losses (operating losses). In terms of competitive intensity, while the next few months are tactically favourable for Blinkit and Swiggy IM, competition may get intense again in the second half of this year and next year (2026)," Maheshwari warn that sustained profitability improvement may get delayed by another 12 months, warranting higher investor patience."During this period of stressed profitability, GOV market share must be the focus. If Blinkit could maintain its market share, the stock is unlikely to correct much as well. In the next 2-3 quarters, QC companies may focus on improving the through-put of recently added stores, and that would further depend on the retention rate of the recently acquired customers," the analyst read | Confused between Swiggy and Zomato? Retail investors, HNIs say: Why not both The gospel according to Jefferies? A clipped target of Rs 380 from Rs 400, with a cautious Hold rating. Meanwhile, BofA went even colder—cutting its target to Rs 295 and maintaining an Underperform. Their verdict: while contribution margins stayed flat, 'losses widened' due to higher discounts, ad blitzes, and a rush of store additions. Swiggy's NOV growth of 72% YoY was blown away by Zomato 's 121%, with a stinging difference in margins: Swiggy at -18% vs Zomato's -1.9%.According to Motilal Oswal, Instamart trails Blinkit on crucial metrics. GOV per dark store is 37% lower, and daily orders per store are 20% behind. No wonder Swiggy is bleeding harder. 'In the context of competition, Swiggy can ill afford to slow down on expansion,' Motilal noted. Still, they aren't giving up yet—watching AOV and dark store productivity closely before reassessing Swiggy's management insists the worst is over. 'Q4 has seen the peak of our growth investments,' the company had told investors, claiming that with improving take-rates, better AOVs, and tapering customer incentives, contribution margins should improve. They've marked the calendar: Contribution break-even is targeted in 3–5 quarters, with EBITDA breakeven tied closely of the 21 analysts covering Swiggy, a majority, 13, still have a Buy rating, 3 recommend Hold, and 5 say Sell, according to Trendlyne the quick-commerce pie expected to expand to a massive $30 billion by FY27, some analysts argue it's still early days—too soon to fixate on market share. 'This is not a 'winner takes most' market,' Motilal noted, suggesting retail and grocery have space for more than 5 players to Swiggy is chasing scale and not profits for now, unless that Rs 18 loss per Rs 100 improves soon, investors might start asking whether the Instamart express is heading toward a dead end.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
22-05-2025
- Business
- Time of India
Swiggy losing Rs 18 for every Rs 100 gross sales on Instamart. Can investors make money?
India's quick-commerce clash is turning into a cash bonfire, and Swiggy is the one scorched. In the March quarter, every Rs 100 of gross order value (GOV) on Swiggy Instamart translated into Rs 18 in loss for the company, whose shares have lost half of their value in just five months. Despite Instamart's GOV doubling year-on-year to Rs 4,670 crore (19.5% QoQ growth), this segment's adjusted EBITDA loss surged to Rs 840 crore, compared to Rs 307 crore a year ago and Rs 578 crore in the previous quarter. Swiggy management pinned this on growth investments and heightened competition. But investors are clearly running out of patience. Swiggy shares have been anything but appetising lately—down 49% from its Rs 617 peak touched around last Christmas. Even from the IPO price of Rs 390, the stock has slipped 19%, leaving investors queasy and analysts sharpening their knives. Take HSBC, which slashed its target price from Rs 385 to Rs 350, citing brutal cash burn and intensifying competition. 'Blinkit lost Rs 2 per Rs 100 of GOV, while Swiggy lost Rs 18,' HSBC's Prateek Maheshwari wrote, highlighting that Swiggy's QC business trades at a nearly 60% discount to Eternal's Blinkit. 'Cash burn for Swiggy was even higher than profit losses (operating losses). In terms of competitive intensity, while the next few months are tactically favourable for Blinkit and Swiggy IM, competition may get intense again in the second half of this year and next year (2026)," Maheshwari said. Analysts warn that sustained profitability improvement may get delayed by another 12 months, warranting higher investor patience. "During this period of stressed profitability, GOV market share must be the focus. If Blinkit could maintain its market share, the stock is unlikely to correct much as well. In the next 2-3 quarters, QC companies may focus on improving the through-put of recently added stores, and that would further depend on the retention rate of the recently acquired customers," the analyst said. Also read | Confused between Swiggy and Zomato? Retail investors, HNIs say: Why not both The gospel according to Jefferies? A clipped target of Rs 380 from Rs 400, with a cautious Hold rating. Meanwhile, BofA went even colder—cutting its target to Rs 295 and maintaining an Underperform. Their verdict: while contribution margins stayed flat, 'losses widened' due to higher discounts, ad blitzes, and a rush of store additions. Swiggy's NOV growth of 72% YoY was blown away by Zomato 's 121%, with a stinging difference in margins: Swiggy at -18% vs Zomato's -1.9%. According to Motilal Oswal, Instamart trails Blinkit on crucial metrics. GOV per dark store is 37% lower, and daily orders per store are 20% behind. No wonder Swiggy is bleeding harder. 'In the context of competition, Swiggy can ill afford to slow down on expansion,' Motilal noted. Still, they aren't giving up yet—watching AOV and dark store productivity closely before reassessing Swiggy's prospects. Swiggy management insists the worst is over. 'Q4 has seen the peak of our growth investments,' the company had told investors, claiming that with improving take-rates, better AOVs, and tapering customer incentives, contribution margins should improve. They've marked the calendar: Contribution break-even is targeted in 3–5 quarters, with EBITDA breakeven tied closely behind. Out of the 21 analysts covering Swiggy, a majority, 13, still have a Buy rating, 3 recommend Hold, and 5 say Sell, according to Trendlyne data. With the quick-commerce pie expected to expand to a massive $30 billion by FY27, some analysts argue it's still early days—too soon to fixate on market share. 'This is not a 'winner takes most' market,' Motilal noted, suggesting retail and grocery have space for more than 5 players to co-exist. While Swiggy is chasing scale and not profits for now, unless that Rs 18 loss per Rs 100 improves soon, investors might start asking whether the Instamart express is heading toward a dead end.
