HealthifyMe Records Fiscal Improvement with a 10% Drop in Losses Amidst Revenue Surge HealthifyMe, a prominent health technology startup, has demonstrated fiscal resilience with a notable reduction in total losses for the financial year ending March 31, 2023. The company reported a commendable 10% decrease in losses, marking a decline from Rs 157 crore in …
Tata Digital’s 1mg Surpasses PharmEasy to Clinch Leadership in India’s E-Pharmacy Market In a significant development for India’s e-pharmacy landscape, Tata Digital’s subsidiary, 1mg, has emerged as the leader in terms of gross merchandise value (GMV), overtaking PharmEasy. This shift in market dynamics follows a year marked by consolidation efforts and stringent cost controls implemented …
HealthifyMe Shows Financial Resilience with 10% Reduction in Total Loss and 23.49% YoY Revenue Growth in FY23 HealthifyMe, a prominent healthtech startup, has demonstrated financial resilience in the fiscal year ending March 31, 2023 (FY23), with a notable reduction in its total loss and substantial growth in revenue. The company’s financial report for FY23 reveals …
Fintech Healthcare Platform CoverSelf Secures $8.2 Million in Seed Funding Round In a significant development for the burgeoning intersection of fintech and healthcare, CoverSelf, a platform dedicated to revolutionizing healthcare financing, has successfully raised $8.2 million in a seed funding round. The funding was led by existing investors BEENEXT and 3one4 Capital, and it also …
Company’s Aggressive Expansion 32,000 New Agents Hired BALIC Plans 80 Branch Additions, Faces Challenges in Life Insurance Sector In a robust expansion strategy, the company has successfully onboarded over 32,000 agents between April and October 2023, signaling a significant workforce augmentation effort. Despite this impressive hiring spree, the life insurance industry anticipates a challenging fourth …