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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Neeman’s revenue grew 48% in FY23, losses spike 35%
Hyderabad's sustainable footwear startup Neeman’s grew its revenue by 48% to Rs 69.5 crore in FY23, driven largely by fabric sales (55%) and open/close footwear (44%). Founded by Taran Chhabra, the D2C brand utilizes materials like Merino wool and recycled PET. Expenses rose 43% to Rs 103.45 crore, with materials (40%), ads (30%), and transportation (9%) as major costs. Despite revenue growth, losses widened 35% to Rs 34 crore, with EBITDA margin and ROCE at -46.07% and -113.15% respectively.
#thekredible #Startup #News #Insights #Neemans #SustainableFootwear #OrganicCotton #RecycledMaterials #FootwearIndustry #EcommerceBusiness #StartupFinance #HyderabadStartups
https://thekredible.com/blogs/neemans-revenue-grew-48-in-fy23-losses-spike-35
Neeman’s revenue grew 48% in FY23, losses spike 35% Hyderabad's sustainable footwear startup Neeman’s grew its revenue by 48% to Rs 69.5 crore in FY23, driven largely by fabric sales (55%) and open/close footwear (44%). Founded by Taran Chhabra, the D2C brand utilizes materials like Merino wool and recycled PET. Expenses rose 43% to Rs 103.45 crore, with materials (40%), ads (30%), and transportation (9%) as major costs. Despite revenue growth, losses widened 35% to Rs 34 crore, with EBITDA margin and ROCE at -46.07% and -113.15% respectively. #thekredible #Startup #News #Insights #Neemans #SustainableFootwear #OrganicCotton #RecycledMaterials #FootwearIndustry #EcommerceBusiness #StartupFinance #HyderabadStartups https://thekredible.com/blogs/neemans-revenue-grew-48-in-fy23-losses-spike-350 Comments 0 Shares 1K Views 0 Reviews -
Newton School Records 14% Scale Increase in FY23
Edtech startup Newton School grew 14% in FY23, reaching Rs 24.4 crore in revenue, with 69% from operations. The Bengaluru-based online coding platform's expenses soared to Rs 107 crore, driven by employee benefits, advertising, and legal costs. Losses increased over fourfold to Rs 82.6 crore. The firm raised Rs 190 crore in Series B funding, led by Steadview Capital.
#thekredible #News #Data #Startup #EdTech #NewtonSchool #CodingTraining #BengaluruStartups #TechEducation #EdTechSuccess #JobOrientedCourses #EducationInnovation #SteadviewCapital #NexusVentures #StartupFunding
https://thekredible.com/blogs/newton-school-recorded-14-growth-in-scale-in-fy23
Newton School Records 14% Scale Increase in FY23 Edtech startup Newton School grew 14% in FY23, reaching Rs 24.4 crore in revenue, with 69% from operations. The Bengaluru-based online coding platform's expenses soared to Rs 107 crore, driven by employee benefits, advertising, and legal costs. Losses increased over fourfold to Rs 82.6 crore. The firm raised Rs 190 crore in Series B funding, led by Steadview Capital. #thekredible #News #Data #Startup #EdTech #NewtonSchool #CodingTraining #BengaluruStartups #TechEducation #EdTechSuccess #JobOrientedCourses #EducationInnovation #SteadviewCapital #NexusVentures #StartupFunding https://thekredible.com/blogs/newton-school-recorded-14-growth-in-scale-in-fy230 Comments 0 Shares 1K Views 0 Reviews -
Kandee Factory’s revenue spikes 32% in FY23
Chennai- based confectionary brand Kandee Factory witnessed an over 32% spike in its revenue in FY23 with operations contributing over Rs 2.7 crore of the total revenue. In FY22 the company’s overall revenue stood at around Rs 2.2 crore with the entirety of the amount coming in from operations. Visit - https://thekredible.com/blogs/kandee-factorys-revenue-spikes-32-in-fy23-expenses-follow
#KandeeFactory #revenue #thekredible #StartupnewsKandee Factory’s revenue spikes 32% in FY23 Chennai- based confectionary brand Kandee Factory witnessed an over 32% spike in its revenue in FY23 with operations contributing over Rs 2.7 crore of the total revenue. In FY22 the company’s overall revenue stood at around Rs 2.2 crore with the entirety of the amount coming in from operations. Visit - https://thekredible.com/blogs/kandee-factorys-revenue-spikes-32-in-fy23-expenses-follow #KandeeFactory #revenue #thekredible #Startupnews0 Comments 0 Shares 408 Views 0 Reviews -
Farmley posted 16% drop in scale in FY23, losses shrink 85%
Healthy snacking brand Farmley posted a 16% revenue drop to Rs 170.56 crore in the fiscal year March 2023 as compared to the preceding year’s Rs 204.24 crore. Its revenue from operations, similarly, dwindled 16.7% to Rs 169.8 crore in FY23 from Fy22’s Rs 203.8 crore.
Visit- https://thekredible.com/blogs/farmley-posted-16-drop-in-scale-in-fy23-losses-shrink-85
#Farmley #Healthysnacking #TheKredible #revenueFarmley posted 16% drop in scale in FY23, losses shrink 85% Healthy snacking brand Farmley posted a 16% revenue drop to Rs 170.56 crore in the fiscal year March 2023 as compared to the preceding year’s Rs 204.24 crore. Its revenue from operations, similarly, dwindled 16.7% to Rs 169.8 crore in FY23 from Fy22’s Rs 203.8 crore. Visit- https://thekredible.com/blogs/farmley-posted-16-drop-in-scale-in-fy23-losses-shrink-85 #Farmley #Healthysnacking #TheKredible #revenue0 Comments 0 Shares 474 Views 0 Reviews -
Wellness brand Fitspire grows 3.3X in scale in FY23
Delhi-based fitness brand Fitspire achieved significant growth, with FY23 revenue reaching Rs 3.36 crore, a 3.3X increase from the previous year. Despite losses amounting to Rs 2 crore, the company expanded its product range, focusing on sports nutrition and bodybuilding supplements for all age groups. FY23 expenses soared to Rs 5.6 crore, attributed to high advertising and material costs. Despite fundraising efforts and leadership stakes, the company reported negative EBITDA margin (-65.12%) and ROCE (-50.58%).
#TheKredible #News #Startup #Data #Insight #Fitspire #StartupNews
https://thekredible.com/blogs/wellness-brand-fitspire-grows-3-3x-in-scale-in-fy23
Wellness brand Fitspire grows 3.3X in scale in FY23 Delhi-based fitness brand Fitspire achieved significant growth, with FY23 revenue reaching Rs 3.36 crore, a 3.3X increase from the previous year. Despite losses amounting to Rs 2 crore, the company expanded its product range, focusing on sports nutrition and bodybuilding supplements for all age groups. FY23 expenses soared to Rs 5.6 crore, attributed to high advertising and material costs. Despite fundraising efforts and leadership stakes, the company reported negative EBITDA margin (-65.12%) and ROCE (-50.58%). #TheKredible #News #Startup #Data #Insight #Fitspire #StartupNews https://thekredible.com/blogs/wellness-brand-fitspire-grows-3-3x-in-scale-in-fy230 Comments 0 Shares 1K Views 0 Reviews -
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
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-1-6x0 Comments 0 Shares 916 Views 0 Reviews -
GlobalBees witnesses revenue of Rs 36 Cr, losses hit Rs 30 Cr
The company, valued at Rs 8666 crore, earned ₹ 36.26 crore in revenue in FY22, of which 50% came from operations. There was a loss of Rs 30.08 crore and expenses of ₹ 66.31 crore. Employee perks accounted for more than 30% of its annual expenses. Globalbees reported an EBITDA margin of -52.39% and an ROCE of -0.97% for the same financial year.
#thekredible #globalbees #startup #news
https://thekredible.com/blogs/globalbees-witnesses-revenue-of-rs-36-cr-losses-hit-rs-30-cr
GlobalBees witnesses revenue of Rs 36 Cr, losses hit Rs 30 Cr The company, valued at Rs 8666 crore, earned ₹ 36.26 crore in revenue in FY22, of which 50% came from operations. There was a loss of Rs 30.08 crore and expenses of ₹ 66.31 crore. Employee perks accounted for more than 30% of its annual expenses. Globalbees reported an EBITDA margin of -52.39% and an ROCE of -0.97% for the same financial year. #thekredible #globalbees #startup #news https://thekredible.com/blogs/globalbees-witnesses-revenue-of-rs-36-cr-losses-hit-rs-30-cr0 Comments 0 Shares 598 Views 0 Reviews -
Where does “The Kredible” get all the information from?
The Kredible sources its data and documents from the regulator: Registrar of Companies (RoC), company websites and other sources present in public domain. The Kredible has an in-house team for data crunching and analysis to keep the information up to date and accurate. Our experience with regulatory systems across geographies ensures that we get access early, and from markets as far away, but relevant, as Singapore too.
#thekredible #data #insight #startup #news
https://thekredible.com/Where does “The Kredible” get all the information from? The Kredible sources its data and documents from the regulator: Registrar of Companies (RoC), company websites and other sources present in public domain. The Kredible has an in-house team for data crunching and analysis to keep the information up to date and accurate. Our experience with regulatory systems across geographies ensures that we get access early, and from markets as far away, but relevant, as Singapore too. #thekredible #data #insight #startup #news https://thekredible.com/0 Comments 0 Shares 580 Views 0 Reviews -
TheKredible - Discover the market intelligently
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.
#thekredible #Data #Insight #Startup #News
https://thekredible.com/TheKredible - Discover the market intelligently 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. #thekredible #Data #Insight #Startup #News https://thekredible.com/0 Comments 0 Shares 884 Views 0 Reviews
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