Start-up Revenue
Licious reports 16% revenue growth at ₹795 cr in FY25; losses narrow 45%
Licious' growth reflects the early impact of its omnichannel strategy, which integrates its online delivery network with an expanding retail presence
 "Licious reports 16% revenue growth at ₹795 cr in FY25; losses narrow 45%")
PM Relocations to invest Rs 150 cr to expand business: CEO Bhargava
Global relocation company PM Relocations (PMR) will invest up to Rs 150 crore over the next three years to expand its business, its CEO Aakanksha Bhargava has said. The company is also expecting to double its revenues to over Rs 200 crore in the ongoing financial year, Bhargava told PTI in an interaction. The Gurugram-based firm, which is into relocating commercial and housing spaces, had clocked Rs 100 crore in 2021-22. On the company's investment plan, the CEO said: "We will invest up to Rs 150 crore over the next three years to expand our business". The amount will be utilised to upgrade technology, set up the physical infrastructure and towards marketing and branding purposes, she said. "It will be our own funding. We are not going to raise it from the market," the CEO added. According to Bhargava, her firm has helped relocate more than 5,000 households within India and 8,000 families abroad in the last 15 years. The company has recently introduced new business verticals lik
Start-up Wakefit logs Rs 636 cr revenue, marking 50% y-o-y growth
Firm that makes mattresses and pillows aims to expand to smaller cities and is setting up a manufacturing facility in Sonipat.
 "Start-up Wakefit logs Rs 636 cr revenue, marking 50% y-o-y growth")
Accenture forecasts upbeat revenue as firms adopt hybrid work models
For fiscal 2022, Accenture sees 12% to 15% of revenue growth and expects to spend a similar amount on acquisitions as last year.
 "Accenture forecasts upbeat revenue as firms adopt hybrid work models")
Saas startup NeuroPixel.AI raises seed fund of $825,000 led by IPV
NeuroPixel.AI was founded in late 2020 by Arvind Nair (CEO) and Amritendu Mukherjee (CTO)
 "Saas startup NeuroPixel.AI raises seed fund of $825,000 led by IPV")
Corporate revenues drop over 25% during Covid-19 lockdown: Survey
Survey also shows that business will return to normal only by 2021, while 22 per cent business leaders expect it to take more than a year, from when the lockdown ends
 "Corporate revenues drop over 25% during Covid-19 lockdown: Survey")
Want to grow your start-up's revenue? Here's how
A strong revenue stream gives business partners, employees and other stakeholders assurance, reports Tech in Asia
 "Want to grow your start-up's revenue? Here's how")
