Monday, January 6, 2025

New-age companies end year of reckoning with stronger business, better bottomline

More than two dozen startups in India improved their financial performance in FY24 with a combined revenue of over Rs 500 crore. Startups like Purplle, Porter, Lenskart and PhonePe achieved growth and better margins while others focused on reducing losses. The trend emphasises healthier business practices as funding remained tight.

from Tech-Economic Times https://ift.tt/421DVt5

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