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Plum Insurance Sees 2.5X Revenue Growth in FY24, Halves Losses Amid Strong Expansion

Plum Insurance Reports Exceptional Financial Growth in FY24 Plum Insurance, a fast-growing player in employee benefits and healthcare solutions, has achieved remarkable financial growth in the fiscal year ending March 2024. Backed by Tiger Global, this startup saw its operating revenue surge 2.5X, alongside a significant 54% reduction in its losses. Let’s dive into the details of this…
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BusinessNews

OYO Achieves First-Ever Net Profit of ₹229 Crore in FY24

OYO, the IPO-bound travel tech unicorn, has reported its first-ever net profit of ₹229 crore for the financial year ending March 2024, according to its latest annual report. Ritesh Agarwal, the founder of OYO, took to X (formerly Twitter) on Wednesday to celebrate the milestone. He acknowledged that the results surpassed his earlier projection of ₹100 crore for the fiscal year 2023-24. “One…
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