The company saw its net profit tank 91% to INR 9 Cr in FY23 from INR 98.2 Cr in FY22 as the expense are rising and shift of students back to offline classes
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
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1 replies4 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
SamCtrlPlusAltMan
•
OpenAI • 5m
Late-stage funding slowdown: How bad is it? 🛑
Prosus investments paint a stark picture:
FY22: $7B
FY23: $3.5B
FY24: $1.1B
📉 84% drop from FY22 to FY24
🔍 YoY declines: 50% (FY22-FY23), 69% (FY23-FY24)
💡 Reflects broader trends: economic uncertai
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
Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ₹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-
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
Satyam Anand
Stealth • 8m
🔥🔥🚀 FAMPAY IT IS !!!
Meet Sambhav Jain and Kush Taneja , IIT Roorkee grads who co-founded FamPay, the neobank for teens.
Dedicated to reshaping how teens engage with money ,
FamPay offers a secure and intuitive digital banking platform tailore
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
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
Top News Of the Day:
1. Zomato rolls back green uniform for pure-veg fleet amid social media backlash.
2. Hyderabad-based live service and game production startup Liquidnitro Games has secured $5.25 Mn (around INR 43 Cr) in a seed funding round led