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Paper Boat’s FY23 Loss Rises 71% To INR 90.6 Cr
short by Pratham Nagpal / on Monday, 11 December, 2023
The startup’s bottom line took a hit despite its revenue from operations rising 56% to INR 504 Cr during the year under review from INR 324 Cr in FY22. The GIC-backed startup’s total expenses rose to INR 599.1 Cr in FY23 from INR 378.1 Cr in the previous fiscal year. The startup’s expenses rose to INR 599.1 Cr in FY23.
read more at inc42.com