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Bootstrapped startup achieves over INR 1400 crore in revenue during the fiscal year 2023.

Writer's picture: RISHI KORDERISHI KORDE

Updated: Dec 30, 2023





In FY2023, a self-financed startup attains a revenue surpassing INR 1400 Crore through its independent funding.

The Gurugram-based startup, go_noise, which operates on a bootstrap model, experienced a significant increase in operating revenue, rising by 1.8 times to INR 1,426.5 Crore in FY23 from INR 792.8 Crore in FY22. However, its net profit saw a notable decline, plummeting 39.4 times to INR 88 Lakh in FY23 from INR 35.5 Crore in the previous fiscal year. This decrease in net profit coincided with a substantial 1.9 times surge in total expenses, reaching INR 1,431.6 Crore in FY23 from INR 752.6 Crore in FY22.


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