UniScholars posted 2X rise in revenue in FY23, expenses follow

UniScholars, an online scholarship platform, soared to Rs 34.6 crore revenue in FY23, marking a 2.6X increase from the previous fiscal year. With all revenue from operations, it's become a go-to for students seeking overseas education, offering comprehensive services from pre-departure to post-landing. Despite substantial funding and shareholder shifts, expenses surged 3.4X to Rs 73 crore, widening losses to Rs 38.3 crore.

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https://thekredible.com/blogs/unischolars-posted-2x-rise-in-revenue-in-fy23-expenses-follow

25 Best Data Integration Tools You Need In 2024

Explore the best data integration tools, their core features and integrations for seamless synchronization and meet your specific business requirements.

Read more: https://www.narolainfotech.com/blogs/data-integration-tools/

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R for Rabbit records over 10% revenue growth in FY23, expenses rise 1.6X

Baby care brand R for Rabbit reported a FY23 revenue of Rs 129 crore, marking a 10% growth from the previous year. Established in 2014, the Ahmedabad-based company offers a range of baby products and raised Rs 40 crore in funding. Despite revenue growth, losses surged from FY22's Rs 42.8 lakhs to Rs 9.9 crore in FY23. Founder Kunal Popat holds over 60% of shares, with Xponentia Capital as a major investor. Expenses, notably in ads and promotions, rose 1.6X to Rs 30 crore.

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https://thekredible.com/blogs/r-for-rabbit-records-over-10-revenue-growth-in-fy23-expenses-rise-1-6x

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The Kredible is a data platform that crunches critical numbers of Indian startups across domains such as e-commerce, fintech, healthcare, edtech among others. Our goal is to provide company insights and data for anyone to filter noise and evaluate startups solely through numbers.

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