Posts Tagged ‘ cash burn ’
Thursday, June 23, 2016
Ola, India’s largest on-demand cab hailing service, burnt as much cash as the country’s top three legacy online travel agencies—MakeMyTrip, Yatra and Cleartrip—put together in 2014-15, as it left no stone unturned to stave off competition from US-based rival Uber Inc. ANI Technologies Pv...
The term cash burn has come into more common use since the mushrooming of internet startups and is more prevalent in the ‘venture capitalistic’ environment. These companies need several rounds of funding, technically referred to as Series A, B, C and so on before they turn cash positive. Simply ...
14 August, 2013 |