Tiger Global-backed Loadshare Networks' FY loss improves despite revenue decline

Quick Summary:

The logistics startup reduced its expenses by 22.9% in the year, easing some pressure off of its bottomline.

The company earns primarily by offering courier and transport services to its customers.

To date, the logistics firm has secured $61.2 million through debt and equity financing.

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Article Details

Author / Journalist: Aparajita Saxena

Category: StartupsEconomyBusiness

Markets: India

Topics: Data Logistics Privacy Loss Services Crore Policy Year Revenue Startup Tiger

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 06:14:23 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 311 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © YourStory

News ID: 23546053

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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