7 of 11 new-age listed firms remain loss-making in Q2: Report
Seven of 11 technology and internet firms have posted losses for the second quarter of the current financial year, according to Moneycontrol. Delhivery, Swiggy, MobiKwik, Urban Company, ixigo, BlueStone and Ola Electric reported losses. However, the report noted that the core units of these companies are growing, and it's usually the new verticals that are responsible for the losses.