Onecard - A unicorn with a valuation of 1.5 billion Usd Spend 1000 crore to make 500 crore revenue and they spend 60% of their operating revenue in ads.
Despite having a good product onecard is spending huge capital to acquire new customers.
Ethos a B2B "luxury" watch company does 1000 crore in revenue, their revenue comes from jus 500 ultra rich families.
Their stock has gone 2.2x from their listing date :)
The luxury market does exist in India.
1 replies12 likes
Inactive
Stealth • 7m
BREAKING: Porter really delivered! 🦄
▶️ Porter has become a unicorn after completing a fresh friends and family funding round.
▶️ This makes Porter the third unicorn this year, following AI startup Krutrim and B2B SaaS company Perfios.
▶️ In the
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5 replies7 likes
ROSTOZON
Stealth • 5d
follow guys
Real Winner is Indian Tax department
IT dept with hard work earners vs IT dept with scammers
Gukesh reportedly earned nearly Rs 11 crore after winning the World Chess Championship. As per FIDE's rules, players receive USD 200,000 (aro
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5 replies7 likes
financialnews
Stealth • 1m
JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11%
JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI
Mumbai-based edtech unicorn upGrad has reported raised Rs 287.5 crore (approximately $35 million) in debt from EvolutionX, Entrackr reported, citing the company's regulatory filing.
The report said the edtech unicorn will use the raised capital for
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2 replies15 likes
Vikas Acharya
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Medial • 2m
Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue
Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop
Slice CEO Rajan Bajaj received just Rs 12 in salary as losses grew nearly 60% in FY23: Report
• Rajan Bajaj, the founder and CEO of fintech unicorn Slice, received a salary of just Rs 12 in FY23.
• In contrast, FirstCry CEO Supam Maheshwari receive
Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24.
The company's operating revenue also grew by 31% during the same period, fr
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0 replies6 likes
Aarihant Aaryan
Stealth • 7m
Indians hate startups, especially companies that burn money and raise money but the truth is that 99% of Indian businesses don't make money
See in India there are only 13M small businesses,88% of them are sole proprietors
Out of 13M businesses, 5M
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6 replies18 likes
Vikram Kumar
Stealth • 2m
Just came across this update—Licious is expanding into offline stores, with FY24 offline revenue expected to cross ₹500 crore! 🥩📈 However, their overall operating revenues fell by 8% to ₹685 crore compared to the previous year, primarily due to wea
