Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Qure.ai’s Losses Widen 87% To Rs 90 Cr In FY25
This article details how Qure.ai, an Indian health-tech startup specialising in AI solutions for radiology, saw its annual net loss widen by 87% to ~Rs 90 crore in FY25 despite revenue growth of ~24.5% to ~Rs 175.5 crore. It explains that while software and tool sales rose, most revenue remains from overseas markets (>99%) and costs (employee benefits, legal fees, cloud expenses) jumped ~39%, resulting in unit cost of ₹1.59 to earn ₹1 of revenue. The article frames the result as a cautionary tale for AI start-ups: growth is not enough if cost escalation outpaces monetisation. The piece also highlights investor expectation pressures and the need for scale-economies in deep-tech start-ups focused on global markets.