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

Back

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

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: Growth: Became India's leading wearables brand by 2019. Market Share: Captured significant share with trendy designs & pricing. Profitability: Maintained profitability for eight years (FY2016-2022). Revenue (Cr): FY18: ₹70 Cr (estimated) FY19: ₹108 Cr FY20: ₹700 Cr FY21: ₹1,512 Cr FY22: ₹2,873 Cr FY23: ₹4,000 Cr Profit (Cr): FY18 : ₹6cr FY19 : ₹ 9cr FY20: ₹ 48.85 cr FY21: ₹50 Cr FY22: ₹ 68.7Cr FY23: ₹-129 Cr (Loss) Conclusion: boAt's success highlights the power of targeting a niche with the right product & marketing. The recent loss signals a need to adapt. By optimizing costs, diversifying products, and potentially expanding globally boAt can navigate the changing audio market and continue its impressive journey.

2 replies10 likes
Replies (2)

More like this

Recommendations from Medial

Image Description
Image Description

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

Case Study: PhonePe – India's UPI Leader Founded in 2015, PhonePe dominates India's digital payments landscape. Stats: Users: 350M+ registered Market Share: 40%+ of UPI transactions Business Model: Transactions, financial services, advertising. R

See More
16 replies47 likes
10
Image Description
Image Description

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

Case Study: Paytm – India's Payments Pioneer Founded in 2010, Paytm revolutionized India's digital payments landscape. Stats: Users: 330M+ active Merchants: 21M+ partners Business Model: Payments, financial services, e-commerce. Revenue: FY18: $

See More
6 replies9 likes
1
Image Description
Image Description

Nimesh Pinnamaneni

 • 

Helixworks Technologies • 3m

From ₹51 Cr to ₹1,272 Cr in a year—this Indian biotech’s revenue chart is insane. 💰 Molbio is going public targeting ₹22,000–24,000 Cr valuation. IPO expected in November 2025, raising ₹2,200–2,400 Cr. 🔬 Their Truenat platform, is a battery-power

See More
10 replies40 likes
15
Image Description
Image Description

Havish Gupta

Figuring Out • 1y

Unique Startup Stories (13/20) ₹3,000 Cr funding, 13 acquisitions, and mere ₹50 Cr revenue! Meet Quikr, a free online marketplace that allows users to sell, buy, rent, and discover anything. ABOUT IT It was founded in Bengaluru in 2008 by Jiby Tho

See More
20 replies36 likes
5
Image Description
Image Description

Vinayak Shivanagutti

🚀7M+ Post Impressio... • 1y

Swiggy: India's Food Delivery Giant Founded in 2014, Swiggy's tech-driven food delivery platform has transformed the Indian market. Key Stats: 150M+ users 500+ cities 200K+ delivery partners Business Model: Swiggy connects customers, restaurants,

See More
3 replies5 likes
1
Image Description

Akshat kumar Jain

Front end developmen... • 1y

Wow Momo has doubled its revenue every year Founded in 2008, Wow! Momo has become a national phenomenon with over 500 outlets across 25 Indian cities. Let's dive deeper into their impressive FY23 financials Revenue Soars: Total revenue, including

See More
1 replies4 likes
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 1y

Salaries of top Indian startup founders revealed.(Per annum) Zerodha Nikhil Kamath - ₹48 Cr - Revenue- ₹6,832.8 Cr | Profit of ₹2,908.9 Cr Zepto Aadit Palicha - ₹1.5 Cr - Revenue- ₹2,024.3 Cr | Loss of ₹1,272.4 Cr Zaggle Raj Narayanam - ₹1.02 Cr -

See More
91 replies236 likes
164

vishakha Jangir

 • 

Set2Score • 28d

𝗕𝗼𝗮𝘁 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀: 📍Financial Performance Overview. : Revenue: ₹3,122 crore in FY24, a 5% decline from ₹3,285 crore in FY23. Net Loss: Reduced by 47% to ₹53.5 crore in FY24 from ₹101 crore in FY23. EBIT

See More
0 replies12 likes
1
Image Description
Image Description

Swapnil gupta

Founder startupsunio... • 22d

📌 Revenue Model of Groww 1. Subscription Charges: For premium services like advanced analytics. 2. Platform Fees: Charged for mutual fund investments. 3. Lending Services: Interest income from instant loans offered to select customers. A. Br

See More
3 replies13 likes
4

Nandishwar

Founder @StudyFlames... • 5m

Indian Unicorn Start-Ups & Their Advertising Budgets 🚀📢 Here’s how top unicorns are investing in ads (FY24): Swiggy: ₹1,850 CR – 🥇 Highest spender! Zomato: ₹1,432 CR – Hungry for visibility! Paytm: ₹922 CR – Fintech leader! Policybazaar: ₹899

See More
0 replies4 likes
2

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