LambdaTest net profit soars 62% to Rs 18 Cr in FY24

Quick Summary:

The Noida and San Francisco-based Cloud-based testing platform's operating revenue rose 53.6% to Rs 175.44 crore.

A year prior to this this, the startup raised nearly $25 million from Sequoia Capital India, Telstra Ventures, Leo Capital Holdings, Blume Ventures, and other investors.

Sandeep Johri, former CEO and current board member at Tricentis, also participated as an angel investor in the round.

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Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Crore Lambdatest Capital Revenue Privacy Cloud-based Rose Fy24 Year Policy Ventures

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 07:56:50 (2 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 278 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 23547732

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