profit

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.

The edtech business Adda247 just raised $35 million from WestBridge and saw a 68% increase in scale in FY22. Similar to other growth stage startups, the company was able to boost its topline significantly despite rising costs.

Strong unit economics helped the Delhi-based, bootstrapped SaaS company Wingify maintain its momentum in FY22 as revenue approached the Rs 200 crore threshold.

If we look at the business-to-business (B2B) agritech company Ninjacart's financial success during the last several fiscal years, it has become the market leader in the sector. The Bengaluru-based company expanded by 28% in FY22 while bringing its losses under control.