India, Dec. 30 -- Fashion ecommerce marketplace Culture Circle posted a revenue of INR 3.4 Cr in the financial year 2024-25 (FY25), up 10X from INR 31.4 Lakh in FY24.
Including other income of INR 45 Lakh, its total income for the period stood at INR 3.8 Cr.
Notably, this was the first full operational year for the startup, which was incorporated in September 2023 and launched in January 2024.
With the rise in top line, the startup's cash burn also increased. This resulted in its net loss zooming to INR 3.3 Cr during the year under review from INR 11.4 Lakh in FY24.
Total expenses for the period under review jumped to INR 7.1 Cr from INR 50 Lakh in FY24.
Within this, employee benefit expenses surged to INR 1.8 Cr from INR 28.4 Lakh i...
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