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.
📍Is Quick-commerce really a sustainable and profitable business for the long run? because every single company in this sector is doing huge loss or it's just for T1 cities?🦆
This is good news but what really matters is how many orders go to our own defense manufacturers and how many are given abroad India’s defense sector has huge potential to grow.
