Tag: cash burn
Posted in Startups
Unacademy: Unacademy’s FY23 revenue rises 26% to Rs 907 crore, loss shrinks
January 3, 2024 Leave a Comment on Unacademy: Unacademy’s FY23 revenue rises 26% to Rs 907 crore, loss shrinks
Test preparation startup Unacademy said its losses narrowed by 41% to Rs 1,678 crore in FY23, a period riddled with incessant layoffs at the firm….
Posted in Startups
Meesho: Inside Meesho’s reset: to cut cash burn, brace for slower growth
April 3, 2023 Leave a Comment on Meesho: Inside Meesho’s reset: to cut cash burn, brace for slower growth
Until early in 2022, ecommerce startup Meesho was burning around $40 million a month in cash as it took on bigger rivals Amazon India and…