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Pilgrim Announces Key Leadership Hires: Shreya Kejriwal and Abhishek Misra

Pilgrim Announces Key Leadership Hires: Shreya Kejriwal and Abhishek Misra
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Fireside Ventures extends early-stage funding to two startups

Consumer brand Happi Planet, fintech startup PocketATM and ice cream brand Frubon secured early-stage funding, the companies said on Tuesday. Happi Planet   Happi Planet, a home ..

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Startup news and updates: Daily roundup (February 13, 2024)

Startup news and updates: Daily roundup (February 13, 2024)
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Pilgrim's FY23 Revenues Soar with Four-Fold Jump

Pilgrim s operating revenue for 2022-23 jumped over four times to Rs 76.46 crore. Despite a net loss increase, the direct-to-consumer (D2C) personal care brand shows promising growth.

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Pilgrim reports four-fold jump in revenues in FY23 but losses soar

In the fiscal year 2022-23, Pilgrim, a direct-to-consumer personal care brand, reported a significant increase in operating revenue, soaring to Rs 76.46 crore from Rs 16.89 crore in FY22. However, the net loss more than tripled to Rs 23.06 crore due to higher expenses, reaching Rs 99.95 crore in FY23, notably from increased marketing expenses.

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