Founder at Stockware • 8m
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 weaker offline sales, which dropped from ₹76 crore to ₹36 crore. Licious’ growth has noticeably slowed down over the past two years, with revenues rising just 9.6% from FY22 to FY23 before this decline. While their offline expansion shows ambition, the company faces challenges in maintaining growth and profitability. #Licious #RevenueDecline #OfflineExpansion #Startup #BusinessStrategy #Retail #Ecommerce
Passionate about Pos... • 5m
Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R
See MoreFounder And CEO Of F... • 4m
1)Precision Camshafts Q3 Results: Auto component-maker posts ₹6.35 crore net loss, revenue tanks 25% YoY 2)Honasa Consumer Q3 Results: Net profit rises marginally to ₹26 crore, revenues up 6% YoY 3)Bharat Forge Q3 results: Net profit falls 16% to ₹
See MoreUnlocking Business I... • 4m
How Licious Built a ₹12,500Cr Meat Empire & Disrupted India’s Meat Market! 🍖🚀 🛑 The Problem: Before Licious, 90% of India’s ₹2.6L Cr meat market was unorganized – poor hygiene, no cold chains, and unreliable quality. Butchers sold stale meat at i
See MoreHey I am on Medial • 11m
Indian electronics manufacturer Dixon Technologies is reportedly preparing to open a new facility in Chennai for producing laptops for four leading notebook brands in India. According to an ET report, the facility is expected to become operational
See MoreFinding my self 😶�... • 6m
🤯Lenskart is planning to go public by the end of 2025, targeting a valuation of $7-8 billion. The company aims to raise $750 million to $1 billion through its IPO. Despite reporting a minor loss of ₹10 crore on revenues of ₹5,427 crore in FY24, Lens
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