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.
Anonymous 1
Hey I am on Medial • 6m
Bro, if you're spending ₹1000 crore to make ₹500 crore, you’re literally setting money on fire. Customer acquisition should be strategic, not just a cash-bleeding ad marathon. What happens when the funding dries up?
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