Snapdeal_logo_new
Posted in Ecommerce

Snapdeal Records INR 388 Crore Revenue in FY23; Reduces Losses by 45%

by SA TeamPosted on

Three points you will get to know in this article: In the realm of horizontal e-commerce ventures, Snapdeal, the Gurugram-based e-commerce platform, stands out for its unwavering commitment to profitability. Notably, the company has achieved a commendable feat by reducing consolidated losses by 45%, from Rs 510 Cr in FY22 to Rs 282 Cr in FY23. Impressively, Snapdeal achieved profitability…

PhysicsWallah
Posted in Education

PhysicsWallah Achieves 3.4X Revenue Growth and Profitability Surge in FY23

by SA TeamPosted on

Three points you will get to know in this article: In the fiscal year 2023, the EdTech giant PhysicsWallah demonstrated commendable profitability, witnessing a remarkable 3.4X surge in its total revenue, reaching Rs 798 crore, as disclosed by the financial data provided by the Noida-based company. Throughout the fiscal year concluding in March 2023, the firm experienced a substantial rise…

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