SoftBank-backed GlobalBees posts loss of Rs 6.15 Cr in FY23
Written by: Planify
Published: 26 October 2023
Updated: 27 March 2024
1 min read
oftBank-backed ecommerce rollup startup GlobalBees has posted a standalone loss of Rs 6.15 crore in financial year 2022-23 compared to a loss of Rs 30 crore in the previous financial year. The company reported a total revenue of Rs 64.68 crore from operations for FY23, compared to Rs 18.84 crore in FY22, on a standalone basis. The Thrasio-style startup's total income was Rs 80.99 crore (Rs 36.26 crore in FY22), while expenses were Rs 141.57 crore (Rs 66.31 crore).
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