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India’s Nykaa parent company anticipates a 25% revenue growth, primarily fueled by the beauty sector. This projection highlights the ongoing expansion and potential of the beauty market within the country, positioning Nykaa for significant financial success in the coming years.
FSN E-Commerce Ventures, the parent company of Nykaa, has projected a consolidated net revenue growth of 20% to 25% year-on-year for Q4 FY2025, consistent with its full-year forecast. The beauty segment is anticipated to drive gross merchandise value growth in the low 30% range year-on-year.
Love Bonito has successfully cut losses while boosting sales in 2023, showcasing a strong commitment to efficiency in its operations. The brand's strategic adjustments have positioned it favorably in the competitive market, reflecting a positive trend in its financial performance.
Bahrain-based social e-commerce startup Sellou has successfully raised USD 3 million in a seed funding round. Founded in 2020 by Salman Al Khalifa, the platform focuses on helping individuals and small businesses promote their products through video technology, integrating features like mini stores and live chat for enhanced customer interaction. The funds will be used to develop the platform further and expand its presence across the MENA region.
Nykaa is set to leverage its beauty business to achieve significant revenue growth in the fourth quarter. The company's strategic focus on this sector is expected to drive strong financial performance, reflecting its commitment to expanding its market presence.
Nykaa is anticipating robust revenue growth in Q4, primarily fueled by its beauty segment. The company's strategic focus on this area is expected to drive significant financial performance as it approaches the end of the fiscal year.
Tencent Holdings Ltd. has reported its strongest revenue growth in over a year, largely fueled by successful gaming titles. In addition, the company has announced a significant share buyback plan, signaling confidence in its financial health and future prospects.
Indian D2C fashion brand Snitch reported a revenue of ₹520 crore (US$60.82 million) for FY25, a significant increase from ₹243 crore (US$28.42 million) in FY24. The company's EBITDA surged nearly fivefold to ₹30 crore (US$3.51 million), attributed to reduced promotional expenses and a focus on offline expansion. Snitch, founded in 2019, now operates 51 stores and plans to add 50 more, while also expanding its product range and entering the Middle East market by December 2025.
Paytm has unveiled the Mahakumbh Soundbox, an advanced payment device featuring a digital display for instant visual payment notifications. Launched by CEO Vijay Shekhar Sharma at the Startup Mahakumbh event, it boasts 4G connectivity, a 3-watt speaker, and a battery life of up to 10 days, supporting 11 languages for broader accessibility. In a bid to enhance revenue, Paytm is monetizing these soundboxes through brand audio ads, aiming for profitability by Q1 FY26.
Lumi AI, a UAE-based startup, has raised $3.7 million in seed funding to enhance its conversational analytics platform, aimed at transforming complex ERP and supply chain data into actionable insights without requiring technical expertise. The company’s innovative self-service chat interface allows users to generate detailed reports and visualizations through natural language queries, addressing inefficiencies in traditional business intelligence tools. With a diverse customer base and plans for expansion, Lumi AI is poised to redefine data accessibility in various industries.
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Nykaa parent anticipates 25 percent revenue growth fueled by beauty sector
14:02 07.04.2025
Nykaa parent forecasts 25 percent revenue growth driven by beauty segment
13:20 07.04.2025
Love Bonito enhances efficiency to increase sales and reduce losses in 2023
11:20 07.04.2025
Bahrain startup Sellou secures 3 million dollars in seed funding
10:38 07.04.2025
nykaa anticipates significant revenue growth in beauty sector for fourth quarter
10:28 07.04.2025
Nykaa anticipates robust revenue growth in fourth quarter fueled by beauty segment
17:56 06.04.2025
Tencent reports record revenue growth and unveils significant share buyback plan
14:51 06.04.2025
Indian fashion brand Snitch achieves 60.8 million dollars in revenue for FY25
01:45 06.04.2025
Paytm unveils upgraded soundbox with digital display for instant payment notifications
01:30 06.04.2025
lumi ai secures 3.7 million funding to transform supply chain analytics
15:06 05.04.2025
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