Reliance Retail-owned Tira Enters the Beauty Accessory Space

Tira, a Reliance Retail-owned entity, announced the launch of 'Tira Tools', an in-house beauty and accessory brand.

The company issued a statement regarding the launch of its first in-house brand.

Tira, through an Instagram post, stated that it is thrilled to announce the launch of Tira Tools. No matter whether users are pro or new, they can sculpt their face, create a killer contour and build an awesome cut crease.
https://www.yourfirststartup.i....n/blog/reliance-reta

SingleInterface Secures $30 Million from Asia Partners and Others
SingleInterface, a martech platform, has secured investments worth $30 million from Asia Partners, a Singapore-based investment firm, and Paypal Ventures, a venture capital firm.
It happens to be the first external funding the Smile Group-incubated startup raised since founded in 2014. SingleInterface will use the investment to expand its presence globally and the product portfolio.
https://www.yourfirststartup.i....n/blog/singleinterfa

Myntra Claims Positive EBITDA in Last Two Quarters of 2023
Myntra, the Flipkart-owned e-commerce platform, has turned profitable in the last two quarters of 2023, according to the company’s claim. Its Gross Merchandise Value (GMV) also surged around 2X during these two quarters.
According to the company, the increasing customer base, partnerships with national and international brands, premiumisation, and innovations in technology integration.
https://www.yourfirststartup.i....n/blog/myntra-claims

Advantage Club's Revenue Surpasses INR 300 Cr in FY23

Advantage Club, an employee engagement platform, has maintained good growth in FY23 and the company’s operating revenue rose by 93.4%. In that period, the company also managed its losses in the accounting year ending March 2023 and it is likely to turn profitable in FY24. As per the financial year filled with the Registrar of Companies, Advantage Club’s revenue from operations rose to INR 323 crore in FY23 from INR 167 crore in FY22.
https://www.yourfirststartup.i....n/blog/advantage-clu

Juspay’s Revenue Soars 88% to INR 213 Cr in FY23
Juspay, a payment technology company, has been consistent in its scale with 85% YoY revenue in the last two accounting years - FY23 and FY22. Simultaneously, the SoftBank-backed firm kept a strong control on its losses which remained almost unchanged in the accounting year ending March 2023. The revenue from Juspay’s operations grew 88.5% to INR 213 crore in FY23 from INR 113 crore in FY22, as shown by its annual financial statement filed with the Registrar of Companies.
https://yourfirststartup.in/bl....og/juspays-revenue-s