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.
#thekredible #Startup #StartupNews #Data #Insights #UniScholars #StudyAbroad #EdTech #Investment #ScholarshipPlatform #HigherEducation #StudentServices #FundingRound #FinancialResults
https://thekredible.com/blogs/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.
#thekredible #Startup #StartupNews #Data #Insights #UniScholars #StudyAbroad #EdTech #Investment #ScholarshipPlatform #HigherEducation #StudentServices #FundingRound #FinancialResults
https://thekredible.com/blogs/unischolars-posted-2x-rise-in-revenue-in-fy23-expenses-follow
Online scholarship platform UniScholars posted its revenue reaching up to Rs 34.6 crore in the fiscal year ending March 2023.
thekredible.com
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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.
#thekredible #Rabbit #Startups #News #Data #Insight #StartupNews #BabyProducts
https://thekredible.com/blogs/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.
#thekredible #Rabbit #Startups #News #Data #Insight #StartupNews #BabyProducts
https://thekredible.com/blogs/r-for-rabbit-records-over-10-revenue-growth-in-fy23-expenses-rise-1-6x
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