Founder at Stockware • 1y
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
RRK SOFTWARE TECHNOL... • 1y
Day - 1 Startup case study: Nykaa Founders : Falguni Nayar Total Funding: $124 Million Key Investors: TPG Growth, Lighthouse India, Steadview Capital Nykaa is India's Leading omnichannel beauty & personal care retailer founded by former investmen
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Hey I am on Medial • 9m
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
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Founder And CEO Of F... • 8m
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... • 8m
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 MoreFinding my self 😶�... • 10m
🫡This is business . Drishti IAS Institute achieved revenue of over ₹400 crore in FY24, with profits reaching ₹90 crore🤯. The company's revenue has grown significantly over the past four years: -- ₹40 crore in FY21, -- ₹119 crore in FY22, --
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I'm just a normal gu... • 6m
Gensol is facing additional challenges as its lenders, Power Finance Corporation (PFC) and the Indian Renewable Energy Development Agency (IREDA), are reportedly preparing to initiate legal proceedings to recover outstanding loans from the EPC compan
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The NineHertz • 11m
Hike used to be a P2P messaging application but in January 2021 it shut down the product and switched to a different domain by introducing two new platforms Vibe and Rush. Hike’s revenue from operations skyrocketed 7.8X to Rs 150.5 crore during the
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