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The company’s FY22 revenue increased by 63 percent year on year to Rs 7,241 crore. The company reported a net loss of Rs 120 crore, but the company remains well capitalized, with cash and investments totaling Rs. 3,846 crore. Besides its FY22 net loss, the company invested in capacity expansion and efficiency, as well as scale and effectivity. Delhivery […]
Launching a new product line or sailing through a cash crunch is more accessible for an established brand due to its rich capital repository! In most cases, when struggling with multiple debts, startups resort to debt consolidation company as a way out. However, the scenario is different when it comes to startup businesses. Most startups have to rely on loans […]