Posted in Healthcare
HealthTech Platform CitiusTech Records Rs 3,500 Cr in FY23 Revenue, Profits Drop by 85%
Share on: WhatsApp
Posted in Food
Ferns N Petals Records INR 607 Crore Revenue in FY23; Faces Substantial Losses
Three points you will get to know in this article: The thriving gift-giving hub, Ferns N Petals, experienced rapid expansion over the recent financial periods. However, the company hit a growth plateau in FY23. During the last fiscal year, the Delhi-based enterprise saw a modest 4.8% uptick in its income but faced a substantial setback, recording significant losses amounting to…
Posted in Fintech
Paytm Reports 13.2% Growth in Q3 FY2023-24 Revenue, Implements Cost-Cutting Measures
Three points you will get to know in this article: Paytm, a big financial technology company, recently shared its financial results for the third quarter of the financial year that ends in March 2024. The results show that Paytm’s revenue from its business operations increased by 13.2% to Rs 2,850.5 crore in the three months ending December 2023. This is…
Posted in AutomobileBusiness
Dream11 Records INR 6,384 Crore Revenue and INR 188 Crore PAT in FY23
Three points you will get to know in this article: In the past fiscal year, Dream Sports, the proud parent company of Dream11, showcased an exceptional financial performance, witnessing a remarkable 66.21% growth in revenue, bringing it close to the impressive Rs 6,400 crore mark for FY23. Simultaneously, the company experienced a 32.40% surge in profits during the same period.…
Posted in Ecommerce
Unicommerce Submits DRHP for IPO Focusing on Equity Share Offer
Three points you will get to know in this article: Unicommerce, a part of the AceVector Group alongside Snapdeal and Stellaro Brands, has recently submitted its draft red herring prospectus (DRHP) to the Securities Exchange Board of India (SEBI) for their upcoming initial public offering (IPO). In this exciting move, the company aims to secure funds through an offer for…
Posted in Technology
Gupshup India Achieves INR 1,619 Crore Income and INR 49 Crore Profit in FY23
Three points you will get to know in this article: Gupshup, the conversational messaging platform, stands out among unicorns for its distinctive trait—it has consistently been in the black over the past few fiscal years, in stark contrast to the majority of its counterparts grappling with substantial losses. Impressively, the Indian arm of Gupshup not only weathered the storm but…
Posted in Fintech
Zeta India Turns Profitable In FY23, Posts PAT Of INR 21.94 Cr
Three points you will get to know in this article: Zeta’s Financial Performance in FY23 Zeta, a fintech SaaS unicorn based in Bengaluru, has turned profitable in the financial year ending on March 31, 2023, through its Indian subsidiary Better World Technology Pvt Ltd. The company reported a profit after tax (PAT) of INR 21.94 Cr in FY23, a remarkable…
Posted in Social MediaTechnology
Meta India Doubles Revenue from Click-To-Message Ads in FY23
Three points you will get to know in this article: On October 26, 2023, CEO Mark Zuckerberg enthusiastically shared the remarkable growth trajectory of Meta during an engaging analysts’ call. Within the expansive Meta family, encompassing Facebook, Instagram, and WhatsApp, India shines brightly as a key market. Zuckerberg revealed a fascinating statistic, indicating that more than 60 percent of WhatsApp…
Posted in BusinessTechnology
Justdial Reports 37% YoY Increase in Q2 Profit to INR 71.8 Cr, with Operating Revenue Up by 27%
Three points you will get to know in this article: In the second quarter of the financial year 2023-24, Mumbai-based hyperlocal search engine, Justdial, demonstrated robust financial performance. The company achieved a noteworthy 37.5% surge in net profit, reaching INR 71.8 Cr, compared to the previous fiscal’s corresponding period where it stood at INR 52.2 Cr. Justdial’s operational revenue sustained…