Dating app TrulyMadly turns profitable in FY18: Report

Delhi-based dating app TrulyMadly has reportedly turned a profit of ₹2.3 lakh in the financial year 2018 after posting a ₹13-lakh loss in the previous year. The six-year-old startup posted a nearly 50% fall in revenue at ₹3.61 crore this fiscal as compared to ₹7.21 crore in the last. It reduced expenditure by 51.6% to ₹3.59 crore, the report added.