🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Seekho spends Rs 134 Cr on advertising for Rs 142 Cr revenue in FY25

EntrackrEntrackr · 1d ago
Seekho spends Rs 134 Cr on advertising for Rs 142 Cr revenue in FY25
Medial

Seekho spends Rs 134 Cr on advertising for Rs 142 Cr revenue in FY25 Short learning video platform Seekho raised $28 million in September 2025 at a $180 million valuation after reporting over 12X revenue growth in FY25. However, heavy marketing spends of over Rs 134 crore pushed its losses up more than 8X to Rs 39 crore. Bengaluru-based Seekho’s revenue from operations jumped 12.3X year-on-year to Rs 141.5 crore in FY25 from just Rs 11.5 crore in FY24, according to its financial statements filed with the Registrar of Companies (RoC). Founded in 2020, Seekho is a short learning video platform offering educational content in English, Hindi and other regional languages on topics such as business skills, technology, government exams, personal growth, and app tutorials. It caters to students, professionals, and general learners. Subscription income was the primary source of revenue for the firm in FY25, while a small portion came from non-operating sources, mainly from interest on bank deposits, which tallied its overall income to Rs 143.5 crore in FY25. On the expense side, marketing expenses were the largest for the firm and accounted for 75% of total expenses at Rs 134.2 crore. This cost increased more than 11.5X from Rs 11.6 crore in FY24. Employee benefits expenses also rose to Rs 23.4 crore in the last fiscal year; notably, this included Stock Appreciation Rights (SARs) worth Rs 14.3 crore, which are non-cash in nature. Content creation expenses also rose over 10 times to Rs 10.4 crore as the company expanded. Other overheads such as IT and software expenses, payment gateway charges, and legal and professional fees also added to overall expenditure, which rose over 9X to Rs 179.2 crore in FY25 from Rs 19.4 crore in FY24. Despite strong revenue growth, the company reported a loss of Rs 38.8 crore in the previous fiscal year, largely pushed by aggressive marketing push to scale the platform. The company’s ROCE and EBITDA margin stood at -63.62% and -26.55% respectively. On a unit level, the Seekho-backed by Elevation Capital spent Rs 1.27 to earn a single rupee of operating revenue. As of March 2025, the company’s cash and bank balance stood at Rs 40.2 crore, while its current assets totaled Rs 93.3 crore. Seekho has raised around $40 million to date from investors including Lightspeed Venture Partners, Elevation Capital, and Bessemer Venture Partners. Following the allotment of its latest $28 million round, Elevation Capital holds the largest 22.73% stake, followed by Lightspeed Venture Partners with 13.26%. New investors Bessemer Venture Partners and Goodwater Capital hold 6.42% and 4.52%, respectively. The company’s promoters Rohit Choudhary, Keertay Agarwal, and Yash Banwani each retain a 10.39% stake in the company.

Related News

Kuku FM reports Rs 240 Cr revenue in FY25; spends Rs 285 Cr on marketing

EntrackrEntrackr · 2m ago
Kuku FM reports Rs 240 Cr revenue in FY25; spends Rs 285 Cr on marketing
Medial

Kuku FM reports Rs 240 Cr revenue in FY25; spends Rs 285 Cr on marketing Kuku FM has continued its impressive growth trajectory with nearly tripling its scale in FY25. After clocking a 114% year-on-year revenue growth in FY24, the audio content platform reported a sharper 175% jump in its scale in FY25. However, the IPO-bound firm slipped deeper into losses during the period due to high advertising spends. Kuku FM’s operating revenue surged to Rs 242 crore in FY25 from Rs 88 crore in FY24, according to its financial statements sourced from the Registrar of Companies (RoC). Kuku FM offers a diverse range of audio content across genres such as business, self-help, personal finance, history, religion, entertainment, and fitness. Revenue from paywalled subscription sales was the sole source of income for Kuku FM. The company also earned Rs 16 crore from other income which pushed its total income to Rs 258 crore in FY25. The sharp rise in revenue was accompanied by a steep increase in expenses. Kuku FM’s total expenses more than doubled, to Rs 411 crore in the last fiscal year from Rs 200 crore in FY24. Advertising expenses emerged as the biggest cost component which accounted for nearly 70% of the total expenditure. To the tune of scale, this cost rose 2.8x to Rs 285 crore in FY25 from Rs 102 crore in FY24. Employee benefit expenses increased 28% to Rs 60 crore, while information technology expenses rose 28% to Rs 27 crore during the year. Depreciation costs tripled to Rs 9 crore in the same period. The aggressive spending pushed Kuku FM’s loss to increase by 59% to Rs 153 crore in FY25 from Rs 96 crore in FY24. Its ROCE and EBITDA margin stood at -163.73% and -65.29% respectively. On a unit level, it spent Rs 1.70 to earn a rupee of operating revenue in FY25, compared to 2.27 in FY24. The company reported current assets worth Rs 268 crore, including Rs 117 crore in cash and bank balances during the year. According to TheKredible, the company has raised a total of $157 million of funding till date. Having The Fundamentum Partnership, Vertex Ventures, and Krafton as its lead investors which owns 12.79%, 11.12%, and 10.17% of the company respectively. Kuku FM is also gearing up for the public markets. The audiobooks and storytelling platform has reportedly shortlisted four investment banks to help it raise up to Rs 3,000 crore through an initial public offering (IPO). The proposed IPO is expected to comprise a mix of fresh issuance and an offer for sale (OFS).

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X

EntrackrEntrackr · 1y ago
Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X
Medial

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X Info Edge, the parent company of Naukri and 99acres, released its unaudited financial results for Q3 FY25. According to the company’s update sourced from the National Stock Exchange (NSE), revenue from operations grew by 15.2% to Rs 722 crore in Q3 FY25 from Rs 627 crore in Q3 FY24. The company recorded Rs 2,100 crore in revenue during the first nine months of FY25, with profits reaching Rs 632 crore. Info Edge derives the majority of its revenue—73%—from Naukri.com, which contributed Rs 527 crore in Q3 FY25, marking a 12.3% year-on-year growth compared to Q3 FY24. Meanwhile, revenue from 99 acres reached Rs 104 crore, while the Jeevansathi and Shiksha segments collectively generated Rs 91 crore during the same quarter. The company added another Rs 187 crore from interest on deposits and investments, which pushed its overall revenue to Rs 9,094 crore in Q3 FY25, compared to Rs 660 crore in Q3 FY24. Info Edge spent 62.6% of its overall expenditure on employee benefits, which increased by a modest 9.7% year-on-year to Rs 305 crore in Q3 FY25. Its advertising and internet costs stood at Rs 82 crore and 20 crore, respectively. The company’s overall cost grew 7% YoY to Rs 487 crore in Q3 FY25 from Rs 455 crore in Q3 FY24. The steady growth and surge in other income with controlled expenditure led its profits to increase by 142% to Rs 288 crore in Q3 FY25, compared to Rs 119 crore in Q3 FY24. On a unit level, it spent Rs 0.67 to earn a rupee in Q3 FY25. As of 4:40 PM, Info Edge is trading at Rs 7,910, reflecting a Rs 203.1 increase following today's results. Its total market capitalization value improved to Rs 1,02,501 crore ($12.2 billion).

CarTrade posts Rs 173 Cr revenue in Q1 FY26, profit jumps 2X YoY

EntrackrEntrackr · 7m ago
CarTrade posts Rs 173 Cr revenue in Q1 FY26, profit jumps 2X YoY
Medial

CarTrade released its financial results for the first quarter of the ongoing fiscal year (Q1 FY26) on Monday. The company reported a 22% year-on-year revenue growth compared to Q1 FY25, with profit doubling in the same time period. CarTrade’s revenue from operations grew 22% to Rs 173 crore in Q1 FY26 in contrast to Rs 142 crore in Q1 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The company’s total income for Q1 FY26 grew to Rs 199 crore, up from Rs 157 crore in Q1 FY25. The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 38% of the total operating revenue which increased to Rs 66 crore in Q1 FY26 from Rs 51 crore in Q1 FY25. Income from the remarketing and classified segment stood at Rs 59 crore and Rs 48 crore, respectively, in the first quarter of the ongoing fiscal year. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 6% to Rs 75 crore during the period. Including other costs, CarTrade’s overall expenses increased 8% to Rs 142 crore in Q1 FY26 from Rs 23 crore during Q1 FY25. The decent growth and controlled spending enabled CarTrade to double its net profit to Rs 47 crore in Q1 FY26, compared to Rs 23 crore in Q1 FY25. CarTrade’s share price is trading at Rs 1,871 (as of 10:56 AM) with a total market capitalization of Rs 8,886 crore ($1.03 billion).

EaseMyTrip profit falls 98% in Q1 FY26; spends Rs 370 Cr on 3 acquisitions

EntrackrEntrackr · 7m ago
EaseMyTrip profit falls 98% in Q1 FY26; spends Rs 370 Cr on 3 acquisitions
Medial

EaseMyTrip profit falls 98% in Q1 FY26; spends Rs 370 Cr on 3 acquisitions Online travel aggregator (OTA) platform EaseMyTrip has reported dismal performance during the last quarter, with revenue declining over 25% and profit plunging 98% to Rs 44 lakh. EaseMyTrip’s operating revenue decreased by 25.5% to Rs 114 crore in Q1 FY26 from Rs 25.5 crore in Q1 FY25, as per its financial statements filed with the National Stock Exchange (NSE). Air ticketing contributed 50% of the company’s revenue but fell 47% to Rs 57 crore in Q1 FY26, down from Rs 107 crore in Q1 FY25. Hotel packages accounted for 28.5% of total revenue, generating Rs 32.5 crore. Including other undisclosed income, its total income for Q1 FY26 stood at Rs 120 crore, compared to Rs 156 crore in Q1 FY25. On a quarter-on-quarter basis, EaseMyTrip’s operating revenue fell 18% to Rs 114 crore in Q1 FY26 from Rs 139 crore in Q4 FY25. In line with its scale, total expenses rose 8% to Rs 118 crore in Q1 FY26 from Rs 109 crore in Q1 FY25. Service costs accounted for 15% of the total, falling 5% to Rs 18 crore in Q1 FY26. Payment gateway charges, employee benefits, and advertising were other major costs for EaseMyTrip in the last quarter. EaseMyTrip’s profit after tax (PAT) fell 98.7% to Rs 44 lakh in Q1 FY26 as compared to Rs 34 crore in Q1 FY25. On a unit basis, the Delhi-based company spent Rs 1.04 to earn a rupee of operating revenue with EBITDA of Rs 6.2 crore during the last quarter. In its board meeting, the company also approved an investment of Rs 175 crore in Three Falcons Notting Hill Limited for a 50% stake, the acquisition of 100% stake in AB Finance Private Limited for Rs 194.4 crore, and approved an investment in Vashu Bhagnani Industries Limited. EaseMyTrip closed Thursday's trading session at Rs 9.22, with a 4% increase in its share price. The company’s total market capitalization stood at Rs 3,353 crore (approx $383 million).

MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29%

EntrackrEntrackr · 10m ago
MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29%
Medial

MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29% CE Info Systems, the parent company of MapMyIndia, has announced its financial results for the fourth quarter of FY25. The company reported a year-on-year revenue growth of over 34% compared to Q4 FY24. MapMyIndia’s revenue from operations increased to Rs 143 crore in Q4 FY25 from Rs 107 crore in Q4 FY24. Meanwhile, for the full fiscal year, revenue increased by 22% to Rs 463 crore in FY25 from Rs 379 crore in FY24, according to its consolidated quarterly report. Income from digital map data, GPS navigation, location-based services, and IoT was the primary source of revenue for MapMyIndia, accounting for 88% of the total collection. This revenue source increased by 51% to Rs 127 crore in Q4 FY25. However, income from the sale of its devices generated Rs 16.5 crore in revenue. The cost of IoT devices, employee benefits, and outsourced technical services were the major cost elements, pushing the total cost of the firm to Rs 90 crore in Q4 FY25, up from Rs 72 crore in Q4 FY24. On a fiscal basis, the total cost increased to Rs 306 crore in FY25. With the increase in scale, MapMyIndia recorded a 29% increase in its profit to Rs 49 crore during Q4 FY25, compared to Rs 38 crore in the fourth quarter of the previous fiscal year. Meanwhile, annual profit increased by 10% to Rs 148 crore in FY25, up from Rs 134 crore in FY24. At the end of the day on 9th May 2025, MapMyIndia closed at Rs 1,845 per share, with a market capitalization of Rs 10,040 crore ($1.17 billion).

The Ayurveda Experience spends Rs 248 Cr on advertising for Rs 440 Cr revenue in FY25

EntrackrEntrackr · 3m ago
The Ayurveda Experience spends Rs 248 Cr on advertising for Rs 440 Cr revenue in FY25
Medial

The Ayurveda Experience spends Rs 248 Cr on advertising for Rs 440 Cr revenue in FY25 The Ayurveda Experience, a D2C brand focused on Ayurvedic beauty and wellness products, continued its growth trajectory in FY25 with a decent rise in revenue, though the company remained in the red due to high advertising and fulfillment costs. The company’s operating revenue grew 23% to Rs 440 crore in FY25 from Rs 358 crore in FY24, according to its financial statements sourced from the Registrar of Companies (RoC). The sale of products across its own platform and international marketplaces is the sole source of revenue for Ayurveda Experience. It also added Rs 8 crore from interest income, tallying the total revenue to Rs 448 crore during the fiscal year, up from Rs 361 crore in FY24. On the cost side, advertising and promotional expenses continued to dominate its cost structure, forming over 52% of total expenses, which rose 24% to Rs 248 crore during FY25. Order fulfilment costs grew 30% to Rs 78 crore, while employee benefit expenses rose 37% to Rs 56 crore. The cost of materials inched up marginally by 3% to Rs 37 crore. Overall, the firm’s total expenditure increased 23% to Rs 476 crore in FY25 from Rs 386 crore in FY24. The company’s expenses outpaced revenue growth, which resulted in the company’s losses increasing by 12% to Rs 28 crore in FY 25 from Rs 25 crore in FY24. Its ROCE and EBITDA margin stood at -22.09% and -7.50% respectively. On a unit basis, The Ayurveda Experience spent Rs 1.08 to earn a rupee of operating revenue in FY25, similar to the previous year. The company’s current assets stood at Rs 164 crore, including cash and bank balances of Rs 57 crore at the end of March 2025. According to startup data intelligence platform TheKredible, The Ayurveda Experience has raised a total of $41 million in funding to date, with Fireside Ventures and Anicut Capital as its lead investors. The company’s founder, Rishabh Chopra, owns 27.45% of the company. The company seems well placed to turn a profit by FY27, even as it has to contend with an increasingly cluttered market linked to the ayurveda and wellness movement taking root in relevant pockets of India and international markets. The high promotional expenses are a red flag, considering the case for significant word of mouth or brand recall in a category like ayurveda, where product usage is a clear statement of lifestyle choices and ‘against’ say other ‘chemical’ options available. Assuming a similar growth trajectory, the Rs 500 crore mark should be crossed in FY 26, a key milestone that will be a magnet for firms interested in acquiring businesses in the sector. Thus, investors in the Ayurveda experience will still have hopes that a profitable exit is not as unlikely, or as long a wait away as it might have seemed a couple of years ago.

Paytm posts Rs 1,911 Cr revenue and Rs 23 Cr loss in Q4 FY25

EntrackrEntrackr · 10m ago
Paytm posts Rs 1,911 Cr revenue and Rs 23 Cr loss in Q4 FY25
Medial

Fintech firm Paytm announced its financial results for the fourth quarter of the current fiscal year (Q4 FY25) on Tuesday. The Noida-based company reported a revenue of Rs 1,911 crore and a net loss of Rs 23 crore for the period. According to Paytm’s consolidated quarterly report filed with the National Stock Exchange, its revenue from operations declined by 16% year-on-year from Rs 2,267 crore in Q4 FY24 to Rs 1,911 crore in Q4 FY25. Meanwhile, for the full fiscal year, the Noida-based firm’s revenue fell 31% to Rs 6,900 crore in the fiscal year ending March 2025 from Rs 9,977 crore in FY24. Paytm has not disclosed its revenue breakup. The company also added Rs 224 crore from other non-operating sources, bringing its overall revenue to Rs 2,135 crore in Q4 FY25. According to the company, its Gross Merchandise Value (GMV) for the quarter stood at Rs 5.1 Lakh crore, while its average monthly transacting users (MTUs) increased to 7.2 crore in the previous quarter. For the fintech firm, its employee benefits remained the largest cost center, accounting for 35% of the overall cost, which decreased by 32% to Rs 748 crore in Q4 FY25. Its payment processing charges reduced by 27% to Rs 52 crore, and marketing expenses increased by 10% to Rs 142 crore in Q4 FY25. Software, communication, legal, cashback, and other overheads took the total expenditure to Rs 2,155 crore in Q4 FY25 from Rs 2,691 crore in Q4 FY24. Paytm reduced its losses by 96% to Rs 23 crore in Q4 FY25, down from Rs 536 crore in Q4 FY24. This figure excludes a one-time cost of Rs 522 crore, which includes Rs 492 crore in ESOP expenses and Rs 17 crore in transaction costs related to the sale of its movie ticketing business. As of May 6, Paytm’s share price fell over 6% to Rs 816 with the total market capitalization standing at Rs 52,082 crore.

Simplilearn revenue slips to Rs 556 Cr in FY25, cuts losses

EntrackrEntrackr · 1m ago
Simplilearn revenue slips to Rs 556 Cr in FY25, cuts losses
Medial

Simplilearn has struggled to scale up in the last fiscal year, with its operating revenue declining 26% following a sharp fall in income from its self-learning segment. However, the company managed to curb its losses with the help of expense rationalisation. Simplilearn’s operating revenue fell to Rs 556 crore in FY25 from Rs 750 crore in FY24, according to its consolidated financial statements sourced from the Registrar of Companies (RoC). Simplilearn is a digital upskilling platform that provides training in cybersecurity, cloud computing, project management, digital marketing, and data science, among others. It offers postgraduate programs, master's programs, and certification courses. Revenue from online self-learning courses declined steeply by 95% to Rs 23 crore in FY25 from Rs 451 crore in FY24, accounting for just 4% of operating revenue. In contrast, income from live learning programs surged 65% to Rs 565 crore in FY25 from Rs 341.5 crore a year earlier. Including other income of Rs 22 crore, the company’s total income stood at Rs 578 crore in FY25. On the spending side, Employee benefit expenses, the largest cost component, fell sharply by 42.5% to Rs 187 crore in FY25 from Rs 325 crore in FY24. Advertising and marketing costs fell 35% to Rs 134 crore, while cost of materials declined 11.5% to Rs 162 crore during the year. Depreciation expenses rose 10% to Rs 63 crore. Subscription fees, however, increased 50% to Rs 24 crore in FY25. Finance costs stood at Rs 6 crore during the year. Overall, Total expenses declined 29% to Rs 621 crore in FY25 from Rs 879 crore in FY24. Simplilearn’s loss decreased by 60% to Rs 43 crore in FY25 from Rs 107 crore in FY24. It is worth noting that the company booked an exceptional expense of Rs 141 crore in FY25, primarily on account of amortisation of its content library. Since this charge is non-cash in nature, we have calculated the adjusted loss excluding the exceptional item. On a unit basis, the company spent Rs 1.12 to earn a rupee during FY25, compared to Rs 1.17 in the previous fiscal year. As of March 2025, Simplilearn reported cash and bank balances of Rs 145 crore, down from Rs 236 crore in FY24. Its current assets stood largely flat at Rs 319 crore. According to startup data intelligence platform TheKredible, Simplilearn has raised over $118 million to date, having Blackstone and GSV Ventures as its lead investors.

Blackbuck records Rs 32 Cr profit on Rs 172 Cr revenue in Q3 FY26

EntrackrEntrackr · 1m ago
Blackbuck records Rs 32 Cr profit on Rs 172 Cr revenue in Q3 FY26
Medial

Blackbuck has released its financial report for the third quarter of the ongoing financial year ending December 2025. The Bengaluru-based company reported a 51% year-on-year growth in scale in Q3 FY26 and posted a profit of Rs 32 crore in the quarter. Blackbuck's revenue from operations grew to Rs 172 crore in Q3 FY26 from Rs 114 crore in Q3 FY25. For the nine-month period, the company’s revenue increased by 53% to Rs 466.5 crore as compared to Rs 305 crore a year earlier. Revenue from its truck operator services was the primary source of revenue, accounting for 98% of total operating revenue. The company also made Rs 16 crore from interest income which took its overall revenue to Rs 188 crore in Q3 FY26, compared to Rs 123 crore in Q3 FY25. Looking at the expenses, the employee benefit cost accounted for 29% of the overall expenditure which increased by 16% year-on-year to Rs 40.5 crore in Q3 FY26 from Rs 35 crore in Q3 FY25. Depreciation and other operating expenses drove total expenditure to Rs 142 crore in Q3 FY26, compared to Rs 93 crore in the same quarter last year. Blackbuck registered a profit of Rs 32 crore in Q3 FY26, as compared to a loss of Rs 48 crore in Q3 FY25. On a quarterly basis, the company’s profit increased 10% from Rs 29 crore in Q2 FY26. BlackBuck's chairman and CEO, Rajesh Kumar Naidu Yabaji, sold 20 lakh shares (9.37% of his holding) in a Rs 135 crore bulk deal in the third quarter. This transaction reduced his stake in the logistics marketplace from 11.81% to 10.7% of the 18.07 crore total equity base. Currently, Blackbuck’s share price is trading at Rs 618, giving the company a market capitalization of Rs 11,196 crore ($1.2 billion).

Myntra profit zooms 18X to Rs 548 Cr in FY25

EntrackrEntrackr · 6m ago
Myntra profit zooms 18X to Rs 548 Cr in FY25
Medial

Myntra, the fashion e-commerce platform owned by Flipkart, crossed the Rs 6,000 crore revenue mark in the fiscal year ending March 2025, while its profit after tax (PAT) surged 18X during the same period. Myntra’s revenue from operations grew by 18% to Rs 6,042.7 crore in FY25 from Rs 5,121.8 crore in FY24, according to its consolidated financial statement sourced from the Registrar of companies (RoC). The company generates revenue from logistics, marketplace, and advertising services. Logistics contributed 48.3% of operating revenue, rising nearly 20% to Rs 2,918.9 crore in FY25. Marketplace services accounted for 34% of revenue, increasing 15.6% to Rs 2,051.8 crore, while advertising income surged 28% to Rs 914.5 crore. Myntra also earned Rs 157.5 crore from other income sources. The firm made Rs 94.3 crore from non-operating revenue, primarily from royalty income, which pushed its total revenue to Rs 6,042.7 crore in FY25. Advertising costs, the company’s largest expense surged 37% to Rs 2,105.3 crore in the last fiscal year, whereas burn on logistics rose 6.45% to Rs 1,999 crore. In contrast, employee benefit expenses fell 6.4% to Rs 748.8 crore. Other overheads, including finance costs, payment gateway fees, and (IT) expenses, added Rs 870.6 crore during the fiscal year. In the end, Myntra’s overall expenses grew by 11.7% to Rs 5,723.7 crore in FY25, as compared to Rs 5,123 crore in previous fiscal. Myntra’s controlled spending and sustained growth across revenue streams boosted its profit nearly 18X to Rs 548.3 crore in FY25. This follows a profit of Rs 31 crore in FY24, marking a sharp turnaround from a loss of Rs 782 crore in FY23. Its ROCE and EBITDA margin improved to 24.71% and 8.78%, respectively. On a unit basis, the company spent Rs 0.95 to earn a rupee during the fiscal year. The Bengaluru-based firm recorded cash and bank balances of Rs 22.8 crore while its current assets were worth Rs 4,762.4 crore in FY25.

Download the medial app to read full posts, comements and news.