๐คฏLenskart 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 โน10 crore on revenues of โน5,427 crore in FY24, Lens
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Anonymous 4
Stealthย โขย 3h
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 theyโve killed it!
Their cost-reduction measures have led to their EBITDA loss dropping to just โน16 crore in FY24, down from โน144 crore in FY23.
While their reven
Even EdTech companies are finding it difficult to grow while gambling companies are tripling their revenue!
And the best part, it is profitable with โน100 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
๐คฆit seems like people are more concerned about Medial revenue models than the app founders .
5 replies4 likes
Havish Gupta
Stealthย โขย 9m
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
Wow ! That's great news seems like someone is doing great work for Indian economy and development. Let's hope for the more economy growth
1 replies4 likes
Pritam Mondal
Stealthย โขย 4m
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.
7 replies9 likes
Shashank Vishwakarma
Stealthย โขย 4m
Will OLA survive in NSE ? It is already a loss making company.
Zomato listed there company after they become profitable.
And you know the story about Paytm.