Advertisements Bengaluru-based SaaS unicorn Leadsquared had a total loss of Rs 161.19 crore in the financial year 2022-23 (FY23), compared to a loss of Rs 61.94 crore in the previous year. The company’s total revenue increased from Rs 200.57 crore… Read More ›
Advertisements Bengaluru-based Yulu Bikes reported a widened loss of Rs 95 crore for fiscal year (FY23) compared to the previous year, primarily due to higher operational expenses. The standalone loss for the year ending March 31, 2022, stood at Rs… Read More ›
Advertisements Classplus, an edtech startup based in Delhi NCR, experienced a significant increase in its net loss for the financial year that ended on 31 March, 2023. The company’s net loss rose by over 57 per cent during this period,… Read More ›
Advertisements Electric scooter manufacturer Ather Energy reported a wider loss for the fiscal year 2021-2022 as expenses exceeded revenue growth. The company’s loss for the year was Rs 344.1 crore, compared to Rs 233.3 crore in the previous year. Despite… Read More ›
Advertisements Bhavish Aggarwal-led Ola Electric’s net loss almost quadrupled to Rs 784.1 crore in the financial year 2021-22 (FY22) from Rs 199.2 crore in FY21. The startup’s operating revenue stood at Rs 373.4 crore in FY22. The startup primarily earns… Read More ›
Advertisements India’s largest e-scooter maker Ola Electric recorded an operating loss of USD 136 million on revenue of USD 335 million in the last financial year which concluded in March, three sources told Reuters, missing its publicly disclosed revenue goal…. Read More ›
