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The earnings season is here!; Amwoodo pioneering bamboo practices
- India's Razorpay net profit jumped nearly 5X YoY to INR 34 crores in FY24.
- Amazon Pay India's revenue grew to INR 2,287 crores in FY24, up over 9% YoY.
- KreditBee reported a 17% YoY decline in revenue in FY24, but managed profits growth by 26.5%.
- Lendingkart's profit plunged 97% YoY to INR 3.25 crores despite a rise in revenue in FY24.
- Skyroot Aerospace reported revenues of INR 29 crores in FY24, with losses widening by 15% YoY to INR 55.5 crore.
- Hyderabad-based Skyroot Aerospace is still in pre-revenue stage as its heavy investments in technology and infrastructure continue.
- Amwoodo, a Kolkata-based startup founded in 2018, offers eco-friendly products from personal care to construction materials made of bamboo.
- AnitaB.org, a global not-for-profit dedicated to advancing women and non-binary community in tech industry, has over 100K members in India.
- Apple exports nearly $6 billion of India-made iPhones an increase of one-third in value terms in six months.
- Japan's Mount Fuji remains snowless this year – the latest date since records began 130 years ago, raising the alarm about climate crisis.
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