IppoPay experiences 94% revenue decline in FY24, swings to losses Chennai-based fintech startup IppoPay experienced a drastic 94% revenue decline, dropping from Rs 329.77 crore in FY23 to Rs 18.12 crore in FY24. Founded in 2022 by Mohan Karuppaiah and Jai Kumar, IppoPay functions as a payment aggregator, offering solutions such as QR codes, sound boxes, and lending options. The company has raised Rs 17.33 crore in funding over three rounds, with its latest seed funding in August 2024. Despite a valuation exceeding Rs 90 crore, IppoPay reported losses of Rs 52.40 crore in FY24, down from profits over Rs 100 crore in FY23. Key expenses included employee benefits, advertising, and professional fees, contributing to negative EBITDA and ROCE margins. #IppoPay #Fintech #PaymentAggregator #StartupNews #FundingRound #ChennaiStartups #StartupFunding #Entrepreneurship #TechNews #FintechStartups #BusinessInsights #StartupChallenges #TheKredible #News https://thekredible.com/blogs/ippopay-experiences-94-revenue-decline-in-fy24-swings-to-losses

The Face Shields Market Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue (in USD million). This report encompasses historical, current, and prospective analyses and appraisals for the Face Shields Market. The global face shields market size was USD 832.3 million in 2020 and is projected to grow from USD 909.7 million in 2021 to USD 1,642.1 million in 2028 at a CAGR of 8.8% during the 2021-2028 period Source- https://www.fortunebusinessinsights.com/face-shields-market-105155

The Anti-Counterfeiting Packaging Market Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue (in USD million). This report encompasses historical, current, and prospective analyses and appraisals for the Anti-Counterfeiting Packaging Market. The global anti-counterfeiting packaging market Size was valued at USD 104.5 billion in 2018 and is projected to reach USD 189.9 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Source- https://www.fortunebusinessinsights.com/anti-counterfeiting-packaging-market-102692

The carbon steel Market Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue (in USD million). This report encompasses historical, current, and prospective analyses and appraisals for the carbon steel Market. The global carbon steel market size is projected to grow from $916.79 billion in 2023 to $1,245.62 billion by 2030, at a CAGR of 4.5% during the forecast period Source- https://www.fortunebusinessinsights.com/carbon steel-market-103011

The Automotive Interior Materials Market Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue. This report encompasses historical, current, and prospective analyses and appraisals for the Automotive Interior Materials Market. The global automotive interior materials market size was valued at USD 51.09 billion in 2018 and is projected to reach USD 66.38 billion by 2026, exhibiting a CAGR of 3.84% during the forecast period. Source- https://www.fortunebusinessinsights.com/automotive-interior-materials-market-102540

The Synthetic Rubber Market Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue (in USD million). This report encompasses historical, current, and prospective analyses and appraisals for the Synthetic Rubber Market. The synthetic rubber market size was pegged at USD 28.89 billion in 2021. The market is anticipated to rise from USD 29.86 billion in 2022 to USD 41.73 billion by 2029 at a 4.9% CAGR during the forecast period Source- https://www.fortunebusinessinsights.com/synthetic-rubber-market-102144