Healthify slashes net loss by 38% in FY24 as both revenue, employee costs drop

Quick Summary:

HealthifyMe Wellness Private Limited, the Indian entity of the group, clocked a standalone operating revenue of Rs 206.3 crore in FY24, a drop of 9% compared with Rs 228.7 crore earned in FY23.

The company had laid off 27% of its workforce, of around 150 employe earlier this year.

Of the total $45 million raised in this round, the new $20 million in new funding adds to an earlier tranche secured in 2023.

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Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Employee Wellness Privacy Revenue Healthify Fy24 Crore Compared Policy Million Indian

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 09:39:59 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 323 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 23762509

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