Industry Trends

Kuku FM nearly triples FY25 revenue to Rs 242 crore; loss widens to Rs 153 crore

Kuku FM sharply scaled its business in FY25, nearly tripling its operating revenue, even as losses widened due to aggressive advertising spends, according to media reports. The audio content platform reported a 175% year-on-year jump in operating revenue to Rs 242 crore in FY25 from Rs 88 crore in FY24, following a 114% growth the previous year. The company also recorded Rs 16 crore in other income, taking its total income to Rs 258 crore for the year. The company's total expenses more than doubled to Rs 411 crore in FY25 from Rs 200 crore in FY24. Advertising and marketing emerged as the largest cost head, accounting for close to 70% of total expenditure. Ad spends surged nearly threefold to about Rs 285 crore from Rs 102 crore a year earlier. Employee benefit expenses rose 28% to Rs 60 crore, while information technology expenses increased 28% to Rs 27 crore. Depreciation costs tripled to Rs 9 crore during the year. As a result, Kuku FM’s net loss widened 59% to about Rs 153 crore...

Industry Trends

What HR used to do that nobody needs anymore

If HR skills had a wardrobe, the last decade would have forced a ruthless clean-out. You know the kind—pieces you once loved, wore proudly, and defended passionately, only to realise one day they no longer fit the room you’re walking into. Not because they were bad. Simply because work changed faster than they did. Over [...] The post What HR used to do that nobody needs anymore appeared first on HR Katha .

Industry Trends

Rentomojo profit jumps 92% in FY25; Revenue hits Rs 266 crore

Furniture and appliances rental startup Rentomojo reported a strong financial performance in FY25, with revenue rising 38% year on year and profit increasing 92%. Revenue from operations grew to Rs 266 crore in FY25 from Rs 193 crore in FY24, according to media reports. The growth was supported by higher subscriber additions, improved asset utilisation and tighter cost controls. The company's net rental revenue recorded a compound annual growth rate of 48.24% between FY23 and FY25. Founded in 2014, Rentomojo operates a subscription-led model that allows consumers to rent furniture, appliances and newer categories such as water purifiers. The company currently serves more than 2.2 lakh live subscribers, manages over 7.7 lakh rental assets and operates across 23 cities through 71 experience stores. Earnings before interest, tax, depreciation and amortisation rose to Rs 118.41 crore in FY25 from Rs 78.23 crore in FY24. Return on capital employed stood at 25.1% during the year, driven b...

Industry Trends

Pecuniary loss to company by employee can be recovered from gratuity

Before retiring as the chairman and managing director (CMD) of MSTC, an employee faced a disciplinary case against him. The company accused him of causing financial loss of Rs 10 lakhs due to negligence. As a result, the company withheld his gratuity and later ordered that the pecuniary loss should be recovered from his gratuity [...] The post Pecuniary loss to company by employee can be recovered from gratuity appeared first on HR Katha .

Industry Trends

‘Chai with AI’: Bengaluru tea shop ‘ChatGPTea’ goes viral as AI influence hits the streets

A small tea shop in Bengaluru has gone viral after social media users spotted its name, “ChatGPTea”, a playful nod to the OpenAI-developed AI chatbot ChatGPT , highlighting how AI buzz is seeping into everyday street culture. Photos of the shop’s signboard, written in Kannada and English, were widely shared on Reddit, sparking amused reactions and wordplay among users. The post, shared on the r/Bengaluru subreddit, drew hundreds of upvotes and comments, with users calling it a “peak Bengaluru moment” and jokingly comparing it to rival AI tools. AI growth getting out of hand by u/not_intoreddit in Bengaluru Many people in the comment section noted the shop’s location in south Bengaluru, with several identifying it as being near areas such as Marathahalli, Electronic City and SG Palya. "I always prefer PerplexiTea over Chatgptea," a user joked. "Chai GPT would have been a better name imo," another noted. "NGL that is clever," a third said.

Industry Trends

Insurtech firm Go Digit General Insurance grants 25.05 lakh stock options to employees

Go Digit General Insurance has approved the grant of 25.05 lakh employee stock options under its Employee Stock Option Plan 2018, according to a stock exchange filing. General Insurance has approved the grant of 25.05 lakh employee stock options under its Employee Stock Option Plan 2018, according to a stock exchange filing. The Nomination and Remuneration Committee of Go Digit General Insurance cleared the grant through a resolution passed by circulation on December 23, 2025. The options have been granted to eligible employees of the company and its holding company, excluding key managerial personnel, in line with the ESOP 2018 framework and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Each option is convertible into one fully paid-up equity share with a face value of Rs 10. In total, the grant covers 25,05,074 equity shares. The options have been issued at a price above the face value, as determined under the applicable SEBI regulations and the ESOP...