<ul><li>Shiprocket, an ecommerce enablement startup, reports a 21% YoY growth in operating revenue for FY24, reaching Rs 1,316 crore.</li><li>Cash EBITDA burn reduced by ~50% from Rs 191 crore in FY23 to Rs 100 crore in FY24.</li><li>Shiprocket aims for full profitability by FY 2025 and reports profitability in the first 2 quarters of FY 2024-25.</li><li>The net loss of Rs 595 crore in FY24 is driven by restructuring, ESOP issuances, and investments.</li></ul>

Unicorn startup Shiprocket's revenue rises 21% YoY to Rs 1,316 crore in FY24

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