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Tiger Global-backed unicorn Apna’s revenue falls nearly a third, losses halved in FY24

  • Apna, a Tiger Global-backed unicorn, reported a nearly 30% decline in operating revenue in FY24.
  • The company managed to reduce its losses by over half and cut expenses by just over a third compared to the previous fiscal year.
  • Apna's revenue is primarily generated from software development support services and recruitment solutions.
  • The platform's narrowing losses can be attributed to reduced spending on employee benefits and advertising expenses.

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