GIVA Sold Jewellery Worth INR 165 Cr In FY23

Aditya Birla Group-backed GIVA crossed the INR 100 Cr mark in terms of operating revenue in the financial year ended March 31, 2023. The startup’s operating revenue surged 97% to INR 165 Cr in FY23 from INR 84 Cr in the previous fiscal year. EBITDA margin deteriorated to -25.3% in FY23 from -22.2% in FY22.

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