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vishakha Jangir

ย โ€ขย 

Set2Scoreย โ€ขย 2m

๐—œ๐—ป ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ, ๐—ฎ๐˜€๐˜๐—ฟ๐—ผ๐—น๐—ผ๐—ด๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ด๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ต๐˜‚๐—ด๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜๐˜€, ๐˜„๐—ต๐—ถ๐—น๐—ฒ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ ๐˜๐—ฒ๐—ฐ๐—ต ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ถ๐—ป๐—ฐ๐˜‚๐—ฟ๐—ฟ๐—ถ๐—ป๐—ด ๐—น๐—ผ๐˜€๐˜€๐—ฒ๐˜€, ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ถ๐˜€ ๐˜€๐˜๐—ฎ๐—ฟ๐˜๐˜‚๐—ฝ ๐—ถ๐˜€ ๐—ฎ ๐—ฝ๐—ฟ๐—ถ๐—บ๐—ฒ ๐—ฒ๐˜…๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฎ๐˜. Puneet Gupta, originally a software engineer, founded "Astrotalk" in 2017 after a personal astrology experience. Anmol Jain joined Astrotalk in 2021 as Chief Business Officer and was later made co-founder. In FY23, Astrotalk had โ‚น282 crore revenue and โ‚น27 crore net profit. In FY24, revenue more than doubled to โ‚น651 crore and net profit increased to โ‚น94 crore. Around 60% of revenue comes from marriage-related consultations. Around 20% revenue comes from international markets. About 5% revenue comes from e-commerce offerings like gemstones and spiritual products. Astrotalk connects users with over 10,000 astrologers offering services like horoscope readings, numerology, tarot, and Vedic astrology. Operates on a revenue-sharing model with astrologers. Facilitates around 4.5 million paid and 6 million free sessions every month. Increased marketing spend from โ‚น74 crore in FY23 to โ‚น157 crore in FY24. Expanded services to the US, UK, Canada, Middle East, and Southeast Asia. Launched the Astrotalk Store in October 2024 offering spiritual and astrology-related products. Raised $30 million funding from Left Lane Capital and Elev8 Ventures, reaching a $300 million valuation. Targets an IPO by 2026 with a โ‚น2,000 crore revenue goal. Focuses on scaling efficiently and maintaining profit margins. Follow vishakha Jangir for more such insights.

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๐—•๐—ผ๐—ฎ๐˜ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜† ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€: ๐Ÿ“Financial Performance Overview. : Revenue: โ‚น3,122 crore in FY24, a 5% decline from โ‚น3,285 crore in FY23. Net Loss: Reduced by 47% to โ‚น53.5 crore in FY24 from โ‚น101 crore in FY23. EBIT

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