Sublime Life turns profitable in FY24, revenue plunges by 54%

Sublime Life, a D2C beauty brand, saw revenue drop 54% to Rs 3.02 crore in FY24 but turned profitable with Rs 1.17 crore. Expenses fell by half, improving EBITDA margin and ROCE. Major shareholders include Ador Multiproducts.

#sublimelife #beautybrand #personalcare #d2cbeauty #financialreport #beautyindustry #beautyinvestments #indianstartups #financialperformance #gurugramstartups #wellnessproducts #thekredible #news

https://thekredible.com/blogs/....sublime-life-turns-p

Ortho Sport witnesses 4X rise in topline in FY23, profits surge

Ortho Sport experienced a 4X revenue increase in FY23, reaching ₹2.52 crore, while profits doubled to ₹49.80 lakh. The company, founded by Dr. Manu Bora, focuses on orthopedic treatments and partnered with Pristyn Care for sports injury care.

#orthosport #orthopedicclinic #healthcareinnovation #sportsinjury #jointpreservation #injuryprevention #healthcarepartnership #businessgrowth #healthtech #healthcareexcellence #thekredible #news #startup

https://thekredible.com/blogs/....ortho-sport-witnesse

Medulance posted a 7% rise in revenue in FY23, profits drop

Medulance, a Delhi-based health tech company, saw a 6.9% revenue increase in FY23 to ₹26.21 crore, driven by ambulance services. Despite the growth, profits dropped over 60%, and expenses rose by nearly 30%.

#thekredible #medulance #healthtech #delhistartup #emergencyservices #healthcareinnovation #startupindia #healthtechindia #epharmacy #startupnews #news #indianstartup

https://thekredible.com/blogs/....medulance-posted-a-7

WishCare’s top line crossed Rs 19 Cr in FY23, profits rise

WishCare, a Kolkata-based natural skincare brand, saw a 21X revenue rise to Rs 19 crore in FY23, alongside a significant expense increase, leading to Rs 3.11 crore in profit.

#thekredible #wishcare #kolkatastartup #beautyandwellness #naturalskincare #startupsuccess #skincarebrand #entrepreneurship #startupjourney #skincareindustry #startupjourney #startup #insights

https://thekredible.com/blogs/....wishcares-top-line-c

EduGorilla's scale rises 2X in FY23, losses cross Rs 76 lakhs

Lucknow-based edtech startup EduGorilla doubled its revenue to Rs 11.15 crore in FY23. The firm’s total expenditure also rose to Rs 12.3 crore, with significant spending on advertising. Despite revenue growth, losses widened to Rs 76.2 lakhs.

#thekredible #startupnews #startup #news #indianstartup #edugorilla #edtech #edutechstartups #fy23results #competitiveexams #aiinedtech #startupjourney #edtechinnovation #techineducation #edtechtrends #seedfunding

https://thekredible.com/blogs/....edugorillas-scale-ri