They have the right to spend and grow right now. They posted 98 Cr last year. Obviosly they can make it 500 cr in profit but that needs investment and they are making it. At least not burning VC money.
ITC Q2 results
Overall Performance
Revenue: ₹20,360 Cr
Profit: ₹6,314 Cr
Margin: 31%
Cigarettes Segment Numbers
Revenue: ₹8,177 Cr
Profit: ₹5,023 Cr
Margin: 61% 🤯
Cigarettes constitute 40% of the revenue and 80% of the profits.
High dopamine bu
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1 replies4 likes
Pritam Mondal
Stealth • 3m
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.
7 replies9 likes
Vinayak Shivanagutti
Stealth • 8m
boAt: Riding the Audio Wave (with a Recent Setback)
Company: boAt (founded 2016)
Industry: Consumer Electronics (Audio)
Challenge: Stand out in a crowded audio market.
Solution: Stylish, budget-friendly audio for young consumers.
Results:
Growt
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2 replies10 likes
LIKHITH
•
Medial • 3m
Welcome to Business Stories #3
Zomato's Case Study
■Introduction
Introduction !? ...Everybody know Zomato ;)
■Initial Phase Struggles
●Scaling: Manganing Expanding operation was a headache
●Revenue:Finding long term income sources
●Tech Issue:
Burning through funds to capture Market share is TRENDING. For that startup sacrifice the control they have on the business.
To what extent should we raise funds and what all things should we consider about the VC from which we are raising funds.
OR
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5 replies10 likes
Adithya Pappala
Stealth • 29d
#9TDAYVC-DAY-2
😳Only 21 Indian VC Firms are there in 2013
So, Today’s VC topics are:
🎯Who Invests in Venture Capital?
🎯Definition & Difference between Private Equity & Venture Capital?
🎯Investors-VC also raises, We also raise but the di
They brother I have lot of crypto experience in market 6-7 year in
Airdrop market 2 year
I have a plan we raise fund and investment in airdrop like farming with 0 risk and we target you have to give easly Year on year 30-50 Parsent of your capital
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1 replies2 likes
kapil jadhav
Stealth • 7m
Zomato Is Beating Swiggy In The Food Delivery Race!
Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr.
With that its outstanding losses reaches to 27,000 Cr.
Swiggy is looking to turn profitable by the second half of th
Last week, news broke that India's former Defence Secretary launched his VC fund, Mount Tech Growth Fund.
The first fund, named Kavachh, is expected to be ~₹500 Cr, supporting Defence Tech startups.
⏭️Demand for Defence Technology seems to be on t
Why is Dunzo Failing?
So Dunzo started with hyperlocal deliveries. And later expanded to multiple services.
By 2021, it was almost a unicorn but there was a issue! It was loosing about *10 every 1 earned.
In 2021, looking at trends, it also entere
