<ul><li>Bengaluru-based fashion brand The House of Rare, which operates apparel brand Rare Rabbit, reported a net profit of INR 74.5 Cr in FY24, doubling from the previous fiscal year.</li><li>The House of Rare's operating revenue increased by 69% to INR 637 Cr in FY24.</li><li>The startup's total expenditure rose by 60% to INR 542 Cr in FY24.</li><li>Earlier this year, The House of Rare raised INR 150 Cr in funding at a pre-money valuation of INR 2,200 Cr.</li></ul>

Rare Rabbit’s FY24 Profit Doubles To INR 75 Cr

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