Shadowfax Sees 33% YoY Revenue Growth In FY24
The company’s adjusted profits after tax (Pat) moved from a loss of Rs 123.8 crore in the financial year 2022-23 to a profit of Rs two crore in FY24
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Retail Funding Dips 34% In Q1FY24 2024: Report
- by BW Retail World Bureau
- March 27, 2024
The retail sector received a total of USD 494 million in funding in Q1 2024 to date which is a 34 per cent drop compared to USD 751 million raised in the same period Q4 2023, according to a report by Tracxn. However, India Tech Quarterly Funding Report – Q1 2024 stated that it is […]
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Indian D2C Market To Grow At 40% CAGR, Reach $35 Bn By 2027: Redseer
- by BW Retail World Bureau
- October 7, 2023
The domestic direct-to-consumer (D2C) market is forecasted to experience a Compound Annual Growth Rate (CAGR) of 40%, reaching a Gross Merchandise Value (GMV) of USD 35 billion by 2027, according to a report by Redseer Strategy Consultants released on Friday. Third-party logistics providers (3PLs) are identified as significant beneficiaries of this growth. By 2027, the […]