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Crorepati brands and quick commerce to propel ElasticRun’s growth in FY25

  • ElasticRun is scaling up regional brands and its quick commerce business to shore up its revenue, with the focus on operational profitability by October 2024.
  • ElasticRun offers B2B distribution and logistics to kirana stores and runs its own third-party logistics service while partnering with delivery personnel.
  • The firm reported losses reduced by 42% to INR354.62 crore ($47m) on a standalone basis and revenue from operations decreased by nearly 48.6% for FY24.

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