Niyo trims losses; revenue drops 28.6% in FY24

Quick Summary:

The company's total loss dropped 18.96% to Rs 143.47 crore, on the back of lower expenses.

However, revenue from operations was down 28.6% to Rs 93.84 crore.

It has raised funding from investors including Accel, Lightrock, and Prime Venture Partners.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Providing Policy Crore Total Startup Fy24 Revenue Privacy Loss Niyo Expenses

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 05:18:54 (3 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 239 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23335239

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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