Health and fitness app HealthifyMe eyes USD 400 million revenue run rate by March 2025
Revenue run rate is a term used in online retailing to indicate the total value of merchandise sold through the marketplace over a certain period of time.
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NEW DELHI: Health and fitness app HealthifyMe on Tuesday said it has seen a significant acceleration in business with a strong growth in user base, and is on track to touch USD 400 million-revenue run rate (over Rs 2,900 crore) by the end of FY24-25.
The company crossed USD 25 million annualised revenue run rate last month, 25 per cent higher than the projections the company had made in the last quarter.
Health and fitness app HealthifyMe on Tuesday said it has seen a significant acceleration in business with a strong growth in user base, and is on track to touch USD 400 million-revenue run rate (over Rs 2,900 crore) by the end of FY24-25. The company crossed USD 25 million annualised revenue run rate last month, 25 per cent higher than the projections the company had made in the last quarter. Revenue run rate is a term used in online retailing to indicate the total value of merchandise sold through the marketplace over a certain period of time. We are now all set to cross USD 50 million in ARR (Average Revenue Run Rate) in the next 12 months and are targeting a turnover of USD 400 million by March 2025. HealthifyMe has seen more than 100 per cent growth over the last one year with gross margins as high as 75 per cent, HealthifyMe Co-Founder and CEO Tushar Vashisht told PTI.
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