GoMechanic revenue approaches Rs 100 Cr in FY22, while losses quadruple

The number of Indians using online platforms to get car maintenance and repairs increased, which led to a rise in revenue for the businesses offering these services. For instance, the multi-brand vehicle workshop and spare parts platform GoMechanic had a 2.7x increase in income in FY22 compared to the prior fiscal year, coming close to […]

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Dunzo’s losses increased by 2X to Rs 464 Cr in FY22, yet revenue doubled

Bengaluru-based hyperlocal grocery delivery startup, Dunzo incurred high operational costs in FY22, which resulted in a net loss of Rs 464 crore, up 2X from Rs 229.1 crore in FY21.  Dunzo lost Rs 230 on each Dunzo Daily order from January to June this year. The company reported an EBITDA loss of Rs 176 crore in June […]

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