Kuku’s Fortunes Rise, Rare Rabbit Soars High, Google India Bounces Back

Kuku FM’s revenue soared 114% to touch INR 104 Cr, and Zypp Electric charged ahead with a 2.7X surge, nearing the INR 300 Cr mark. Fashion player Rare Rabbit doubled its profit to INR 75 Cr, reflecting stylish gains. Meanwhile, digital infrastructure shone with UPI posting a 10% month-on-month growth in October. Not to be left behind, tech giant Google India saw revenues of Rs 5,518 Cr in FY24, though profit growth stayed a modest 6%.

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“Mera Hi Jalwa”: UPI achieves 10% month-on-month growth in October

UPI continued its impressive growth streak in October, clocking a 10% month-on-month rise with 16.58 billion transactions.

The transaction value mirrored this uptick, soaring 14% to Rs 23.50 lakh crore from September’s Rs 20.64 lakh crore. These numbers underscore UPI’s deepening role in India’s digital payment landscape, setting new records in convenience and volume.

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“Waah, Kya Scene Hai”: Kuku FM’s FY24 Revenue Jumps 114% To INR 104 Cr

Kuku FM marked a notable leap in its financial journey, closing FY24 with an impressive 114% revenue growth, totaling INR 88 Cr. This surge, compared to the INR 41.1 Cr earned in FY23, underscores the startup’s ability to draw paying listeners for its audio content.

The numbers reveal a significant milestone, yet they also hint at the pressures of sustaining such rapid expansion in a competitive audio content market.

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“Abhi Mujh Mein Hai Kahin”: Zypp Electric’s Revenue Zooms 2.7X, Nears INR 300 Cr Mark

Zypp Electric accelerated past milestones in FY24, with revenue racing up by 168% to INR 292.7 Cr. This 2.7X growth puts the Akash Gupta-led startup on the brink of crossing the INR 300 Cr mark.

The numbers spotlight Zypp’s strong hold in the EV space, navigating challenges while pushing forward in the electric two-wheeler market.

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“Badhai Ho Badhai”: Rare Rabbit’s FY24 Profit Doubles To INR 75 Cr

Rare Rabbit’s journey in FY24 was anything but ordinary, with profits leaping to INR 74.5 Cr—a 131% increase from the previous year’s INR 32.2 Cr.

Under Radhamani Textiles, Manish and Akshika Poddar’s venture now showcases a robust financial trajectory. The House of Rare, with its trio of brands, has solidified its place in fashion, blending profitability with style.

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“To The Toppermost Of Poppermost”: Google India posts Rs 5,518 Cr revenue in FY24, profits stands at Rs 1,424 Cr

Google India reported a solid revenue boost for FY24, reaching Rs 5,518 crore, up from Rs 4,504 crore in the previous year.

Despite this growth, profit after tax rose more modestly by 6%, standing at Rs 1,424 crore. The figures reflect steady expansion, though they hint at balancing high operational costs amid competitive market dynamics.

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