🤯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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Anonymous 4
Stealth • 1m
Just 10cr loss on a 5427 crore revenue???? Wow. Seems like they will be profitable soon
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
Ola Electric reported consolidated loss of ₹564 crore for the Q3Fy25 as compared to ₹376 crore posted in the year-ago period. The company's revenue from operations stood at ₹1,045 crore, down from ₹1,296 crore reported in the corresponding quarter of
Struggling celebrity brands:
Virat Kohli's WROGN: Revenue dropped from 344.3 crore to ₹243.75 crore in FY24.
Deepika Padukone's 82°E: Reported a loss of ₹25.1 crore with Revenue of ₹22.82 crore in first nine months of FY24.
Salman Khan: Being Huma
Even EdTech companies are finding it difficult to grow while gambling companies are tripling their revenue!
And the best part, it is profitable with ₹100 crore+ profit
Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported.
This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la
🤦it seems like people are more concerned about Medial revenue models than the app founders .
5 replies4 likes
Havish Gupta
Stealth • 10m
OYO is Now Profitable.
In the latest Quarter, OYO reported a profit of 30 Crore Rs. And this is impressive with considering the fact that during Covid, it losses had hit almost 12,000 crore.
But how did they did this?
1) firstly they closed more th