Deepetch Ecozen records 2X rise in scale in FY23, expenses follow

Ecozen, a deeptech firm based in Pune, saw its revenue surge to Rs 295.5 crore in FY23, a 2.4X increase from Rs 123 crore in FY22. The firm, known for climate-smart solutions, faced significant expenses, raising overall costs to Rs 289.5 crore. Despite rising losses to Rs 5.7 crore, it secured substantial funding and maintained positive EBITDA and ROCE.

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https://thekredible.com/blogs/deepetch-ecozen-records-2x-rise-in-scale-in-fy23-expenses-follow
Deepetch Ecozen records 2X rise in scale in FY23, expenses follow Ecozen, a deeptech firm based in Pune, saw its revenue surge to Rs 295.5 crore in FY23, a 2.4X increase from Rs 123 crore in FY22. The firm, known for climate-smart solutions, faced significant expenses, raising overall costs to Rs 289.5 crore. Despite rising losses to Rs 5.7 crore, it secured substantial funding and maintained positive EBITDA and ROCE. #thekredible #Startup #StartupNews #Data #Insights #Ecozen #SustainableTech #EnergyStorage #PuneStartups #GreenTechnology #Investment https://thekredible.com/blogs/deepetch-ecozen-records-2x-rise-in-scale-in-fy23-expenses-follow
THEKREDIBLE.COM
Deepetch Ecozen records 2X rise in scale in FY23, expenses follow
Pune headquartered deeptech firm Ecozen’s revenue headed for a steep rise to Rs 295.5 crore in the fiscal year ending March 2023.
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