Here’s why this Indian travel startup has become profitable

Travel sector is growing phenomenally with Indians booking tickets on the fly. As the market is set to grow from 18 million to 30-50 million outbound travelers in the next 5-7 years, there is fleet of travel start-ups in the market currently but one of them claims to have turned profitable this financial year. Established in October 2011, TravelTriangle is India’s first full stack holiday marketplace with a team of 400 people, and a team of 650+ expert agents across the globe. The company wanted to connect travelers with safe,…

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Tesla Says It Expects to Become Profitable in 2016

Tesla Motors forecast deliveries of Model S sedans and Model X SUVs that topped analysts’ estimates and said it expects to turn in a profit in 2016, sending its shares higher in after-hours trading Wednesday despite posting a much worse-than-expected quarterly loss. The electric automaker reported a fourth-quarter adjusted loss of 87 cents per share on $1.75 billion in sales. Revenue rose 59 percent from the previous year, while its loss grew from 13 cents a share. Analysts expected Tesla Motors to post earnings of 10 cents per share on…

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Social Casino Gaming – Free for You, Profitable for Operators

DoubleDown Casino, Big Fish Casino, Slotomania and GSN Casino are, month after month, present in the list of top 10 grossing games in the United States (on iPhone, as for Android there is no such list available). No wonder – mobile casino games are insanely popular today. All the apps mentioned above offer their players free games of chance to play on their mobile devices or desktop computers, without the need for them to make real money deposits. But still, their in-app purchases assure them top 10 revenues, which might…

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