Turnip’s revenue crosses Rs 3 Cr in FY23, expenses spike 54% E-sports streaming platform Turnip witnessed an over six-fold rise in its scale to Rs 3.3 crore in FY23 as compared the Rs 54 lakhs revenue it generated in FY22. As for revenue from operations, the fiscal year ending March 2023 witnessed the entirety of the revenue coming from operations. In FY22, the company generated a little over Rs 3 lakhs from operations. Visit - https://thekredible.com/blogs/turnips-revenue-crosses-rs-3-cr-in-fy23-expenses-spike-54 #Turnip #revenue #thekredible #startupnews #businessdata #datainsight

Dukaan.ai records a 91% rise in revenue in FY23, losses drop to Rs 34 Cr SaaS platform Dukaan.ai recorded a revenue rise of 91% to Rs 10 crore in FY23. Over 92% of the total revenue came in from operations the same year. The preceding fiscal year saw the company’s revenue at Rs 5.24 crore with operations contributing over 88% of the total revenue. #dukaan #revenue #startupnews https://thekredible.com/blogs/dukaan-ai-records-a-91-rise-in-revenue-in-fy23-losses-drop-to-rs-34-cr

Edtech Doubtnut posts revenue of Rs 21.7 Cr, expenses drop to Rs 76 Cr Gurgaon-based edtech startup Doubtnut reported FY23 revenue of Rs 21.7 crore, marking growth from the previous year. Despite increased revenue, expenses and losses significantly dropped. Valued at Rs 1162 crore, it raised Rs 19.3 crores from operations. Co-founders own substantial shares, and Tencent controls 12%. The company was recently acquired by edtech veteran Allen, competing with others like Classplus and Leverage Edu. #Doubtnut #thekredible #Edtech #Insight #Data #Startup #News #StartupNews https://thekredible.com/blogs/edtech-doubtnut-posts-revenue-of-rs-21-7-cr-expenses-drop-to-rs-76-cr

DotPe records a spike in revenue to Rs 37 Cr in FY23, expenses total to Rs 108 Cr Gurgaon-based DotPe, an e-commerce platform, reported FY23 revenue of Rs 36.9 crore, marking a notable increase from the previous year's Rs 13.5 crore. However, expenses totaled Rs 108 crore, resulting in a Rs 71 crore loss. In FY22, the company faced a Rs 103.3 crore loss with Rs 17 crore revenue. DotPe, founded in 2019, offers digital solutions to offline retailers and has raised Rs 715.5 crore across three funding rounds, achieving a valuation of Rs 1980 crore. Co-founders Anurag Gupta and Shailaz Nag hold 4% and 17%, respectively, while PayU controls 20%. #thekredible #DotPe #Startup #News #Data #Insight #StartupNews #Startups https://thekredible.com/blogs/dotpe-records-a-spike-in-revenue-to-rs-37-cr-in-fy23-expenses-total-to-rs-108-cr