Zomato made ₹12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of ₹12,670 crore, including procurement and delivery costs, Zomato turned profitable with ₹351 crore profit after tax.
🫡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,
--
Income of Cult.fit Crosses Rs 1,000 Crore in FY24
Fitness technology company Cult.fit has achieved a major point in FY24. The company achieved a total income of over Rs 1,000 crore consistently to depict the growth trend. This major accomplishment i
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Chamarti Sreekar
Passionate about Pos... • 2m
SolarSquare’s Losses Surge Despite Revenue Growth in FY24
Rooftop solar provider SolarSquare saw a 63.5% YoY revenue growth in FY24, reaching ₹175 crore. However, its losses jumped 2.3X to ₹69 crore due to rising costs.
Revenue from operations grew
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-
Noida-based edtech company PhysicsWallah’s consolidated revenue nearly tripled to ₹2,015 crore in the fiscal year ended 31 March, but its losses surged on the back of a jump in expenses.
This comes at a time when the company has been chasing aggress
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Mridul Das
Introvert! • 2m
Lenskart is preparing for an IPO at a valuation of $10 billion 💵( ₹86,780 crore).
➡️ The company intends to file its Draft Red Herring Prospectus (DRHP) by May 2025, with the goal of listing on Indian stock exchanges before the end of the year.
Th
Top News of Today: (9th October)
1) ShareChat Launches Social Media App ‘Vibely’ With Private Calling Feature
2) Zinka Logistics, the parent company of BlackBuck, reduced its losses by 33% to Rs 193.9 crore in FY24 compared to the previous year.
3)
Snapdeal is now almost profitable!
So Snapdeal recently released its financials, and they’ve killed it!
Their cost-reduction measures have led to their EBITDA loss dropping to just ₹16 crore in FY24, down from ₹144 crore in FY23.
While their reven
🤯Flipkart's Entry into Astrology
-- Acquisition Plans: Flipkart is looking to acquire InstaAstro, a startup focused on astrology and spiritual services, for an estimated $18 to $25 million.
-- Rebranding: InstaAstro may be rebranded as "Sukh" after
