🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

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. The company's financials are looking great though 👇💰📈 The company significantly reduced its net loss by 84.4%, from ₹63.7 crore in FY23 to ₹10.1 crore in FY24. Revenue from Operations saw a strong 43% year-on-year growth, reaching ₹5,427 crore in FY24 from ₹ 3,788 crore in FY23. Additionally, EBITDA more than doubled, rising 112.5% from ₹403 crore in FY23 to ₹856 crore in FY24. Lenskart achieved a net profit on a standalone basis of ₹144 crore in FY24, reflecting a 5.1% increase from ₹137 crore in FY23, marking a steady financial improvement.

0 replies1 like

Recommendations from Medial

Ashish Singh

Finding my self 😶‍�... • 4m

🤯Founders with Highest salary in India. --⭐Supam Maheshwari (FirstCry) received an annual salary of ₹103.8 crore in FY24. This marks a significant decrease from his ₹200.7 crore salary in FY23. --⭐Nithin Kamath (Zerodha) Co-founder of the broker

0 replies12 likes

Vaibhav Babruwan Shingde

Student • 3m

The Year of Indian Startups' IPOs Series : 1. Groww -> • Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion. • In FY24, Groww reported ₹3,145 crore in revenue from operations, do

23 replies13 likes

Anonymous

Hey I am on Medial • 10m

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

0 replies9 likes

Anonymous

Hey I am on Medial • 10m

🤯 ITC 🔥 ITC paid over Rs 1 crore annual salary to 350 employees in the financial year 2023-24 (FY24), the company said in its annual report. This is 68 more employees than the 282 employees who received over Rs 1 crore salary in the financial ye

0 replies8 likes

ROSTOZON

Stay with Community • 4m

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-

5 replies12 likes

Mahendra Lochhab

Content creator • 6m

Google India's FY24 revenue surges 26% to Rs 5,921 crore; Net profit at Rs 1,425 crore.

3 replies11 likes

Vikas Acharya
•

Medial • 6m

Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop

0 replies3 likes

Anonymous

Hey I am on Medial • 9m

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

3 replies21 likes

Vikas Acharya

Building WelBe| Entr... • 2m

Traya reported a net profit of INR 8.66 Cr in FY24 against a net loss of INR 27.83 Cr in the previous fiscal year Its operating revenue zoomed 284% to INR 236.04 Cr during the quarter under review from INR 61.43 Cr in FY23 Founded in 2019 by Saloni

1 replies7 likes

Ashish Singh

Finding my self 😶‍�... • 4m

🫡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, --