Indian Startup FY24 Financials Tracker: Tracking The Financial Performance Of Top Startups - Related to fy24, 60%, experts, 300, performance

Indian Startup FY24 Financials Tracker: Tracking The Financial Performance Of Top Startups

In terms of top line, the 98 startups posted a cumulative operating revenue of over INR [website] Lakh Cr during the fiscal year ended March 2024.

Of the 98 startups that have released their financial statements for FY24 so far, 42 ended the year with profitable numbers and a cumulative profit of INR 5,[website] Cr.

The struggle of funding winter brought with it sanity in valuations and forced startups to cut their expenses to chart a profitable growth. This trend continued in FY24 as well.

The world’s third largest startup ecosystem has been in the midst of a raging funding winter for a couple of years now. As investors tightened their purse strings, the Indian startup ecosystem has had to go through a lot of pain, which included thousands of employees losing their jobs.

This was especially true for the fiscal year 2023-24 (FY24), when the funding drought peaked. Far from the capital boom of 2021, when fear of missing out (FOMO) among investors drove a valuation bubble, FY23 and FY24 turned out to be a reality check for the startup ecosystem as many shut shop while others took the debt route to extend their runways.

However, not everything was doom and gloom. The struggle of the funding winter brought with it sanity in valuations and forced startups to cut their expenses to chart a profitable growth. This trend was evident in the financial statements of Indian startups in FY23 and seems to have continued in FY24 as well.

Of the 98 startups that have released their financial statements for FY24 so far, 42 ended the year with profitable numbers. Their cumulative profit stood at INR 5,[website] Cr.

The likes of Zomato, PB Fintech, Honasa, and Milk Mantra turned profitable during the year under review.

Meanwhile, the remaining 56 startups posted a cumulative loss of INR 23,083 Cr, with just Paytm and Ola Electric accounting for more than INR 3,000 Cr of this loss figure. However, it needs to be highlighted that many of these startups were also able to cut their losses in FY24.

In terms of top line, the 98 startups posted a cumulative operating revenue of INR [website] Lakh Cr (INR 1,98,[website] Cr to be precise) in the year ended March 2024.

So, without further ado, let’s take a look at the financial performance of some of these startups in FY24.

Editor’s Note: This list is not a ranking of any kind, we have placed the companies alphabetically. This is a running list and will be updated periodically.

Inside The FY24 Financials Of Indian Startups.

ACKO managed to trim its consolidated net loss by 9% to INR [website] Cr in FY24 from INR [website] Cr in the previous year, on the back of a strong growth in its top line and improvement in EBITDA margin.

The digital insurance policy provider clocked sales of INR 2,[website] Cr in FY24, a 20% jump from INR 1,[website] Cr in the previous year.

Including other income, the startup’s total revenue rose 20% to INR 2,[website] Cr during the year under review from INR 1,[website] Cr in FY23.

Total expenditure grew to INR 2,[website] Cr in the year ended March 2024 from INR 2,[website] Cr last year.

SaaS unicorn Amagi’s consolidated net loss declined [website] to INR 245 Cr in FY24 from INR [website] Cr in FY23, due to improvement in its EBITDA margin.

The organization saw strong business growth, with its operating revenue rising [website] to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Despite the strong revenue growth, Amagi’s total expenditure increased only [website] to INR 1,[website] Cr in FY24 from INR 1,[website] Cr in FY23.

IPO-bound non-banking financial corporation Avanse Financial Services posted a profit of INR [website] Cr in FY24, a jump of 117% from INR [website] Cr in the previous fiscal year.

Operating revenue also jumped [website] to INR 1,727 Cr in FY24 from INR [website] Cr in the previous year.

Its IPO will comprise a fresh issue of shares worth INR 1,000 Cr and an offer for sale (OFS) component of shares worth up to INR 2,500 Cr. It plans to use the IPO proceeds to increase its capital base to fuel further expansion of its business.

Ather Energy’s Loss Crosses INR 1,000 Cr Mark.

IPO-bound Ather Energy’s operating revenue declined [website] to INR 1,[website] Cr in FY24 from INR 1,[website] Cr in the previous fiscal year. On the other hand, its net loss widened over 22% to INR 1,[website] Cr from INR [website] Cr in FY23.

Total expenses in FY24 stood at INR 2,[website] Cr, rising marginally from INR 2,[website] Cr in the previous year.

Coworking space startup Awfis managed to reduce its loss to INR [website] Cr in FY24, a 62% decline from INR [website] Cr in the previous year. Though the startup was in loss for the entire fiscal year, it turned profitable in Q4 FY24. It posted a profit of INR [website] Cr in Q4 FY24.

In terms of revenue, Awfis’ operating revenue jumped [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous year. In Q4 FY24, the startup’s operating revenue jumped over 45% YoY to INR [website] Cr.

Awfis went public in May this year. Its IPO comprised a fresh issue of shares worth INR 128 Cr and an OFS component of up to [website] Cr shares. Peak XV Partners and Bisque Limited were among the investors who sold shares via the OFS.

BlackBuck’s Loss Falls Below INR 200 Cr Mark.

IPO-bound BlackBuck managed to lower its loss by over 30% in the financial year ended March 31, 2024. The logistics startup incurred a net loss of INR 194 Cr, a decline of 33% from INR [website] Cr in the previous fiscal year.

The Flipkart-backed startup’s operating revenue zoomed 69% to INR [website] Cr in FY24 from INR [website] Cr in FY23. It primarily earns revenue by offering payments services, telematics, load marketplace, and vehicle financing services on its platform.

The logistics unicorn’s IPO will comprise a fresh issue of shares worth INR 550 Cr and an OFS component of up to [website] Cr shares (2,16,09,022 to be precise).

BlueStone’s Loss Narrows By 15% To INR 142 Cr.

Omnichannel jewellery brand BlueStone managed to narrow its loss by almost 15% year-on-year (YoY) to INR [website] Cr in the financial year 2023-24 (FY24) from INR [website] Cr in the previous year.

Its operating revenue surpassed the INR 1,000 Cr mark during the year under review. Revenue from operations surged over 64% to INR 1,[website] Cr in FY24 from INR [website] Cr in the previous year.

Total expenditure rose [website] to INR 1,[website] Cr from INR [website] Cr in FY23.

Aman Gupta-led boAt saw its operating revenue fall 7% to INR 3,[website] Cr in FY24 from INR 3,[website] Cr in the previous fiscal year.

Despite the decline in its revenue, the startup managed to narrow its loss by over 38% to INR [website] Cr during the year under review from INR [website] Cr in FY23.

The audio consumer brand’s expenses fell over 9% to INR 3,[website] Cr from INR 3,[website] Cr in FY23.

Shantanu Despande-led D2C grooming and personal care brand Bombay Shaving business’s net loss declined 23% to INR [website] Cr in FY24 from INR 80 Cr in the previous fiscal year, as its top line rose and margins improved.

Operating revenue breached the INR 200 Cr mark during the year under review. Revenue from operations rose 26% to INR 204 Cr from INR [website] Cr in FY23.

The rise in the startup’s expenditure was lower than the increase in its revenue. Its total expenses grew 13% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

BookMyShow’s Profit Breaches INR 100 Cr Mark.

Online ticketing platform BookMyShow’s net profit zoomed [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year. The Mumbai-based business reported an operating revenue of INR 1,[website] Cr in FY24, up 44% from INR [website] Cr in FY23.

The live events segment saw its revenue nearly double to INR [website] Cr from INR [website] Cr in FY23, on the back of rising trend of live exhibits in the country. The online ticketing segment brought in INR [website] Cr in revenue.

CaratLane’s Revenue Breaches INR 3,000 Cr Mark.

The Tata-owned omnichannel jewellery startup reported a 42% jump in its operating revenue to INR 3,080 Cr in FY24 from INR 2,169 Cr in the previous fiscal year.

However, net profit declined nearly 5% to INR [website] Cr during the under review from INR [website] Cr in FY23 due to rise in advertising and “miscellaneous” expenses.

CaratLane FY24: Profit Declines 5% To INR 79 Cr, Revenue Crosses INR 3,000 Cr Mark.

Used car marketplace startup CarTrade saw its profit fall 50% to INR 20 Cr in FY24 from INR 40 Cr in the previous fiscal year. The decline in the loss could be attributed to the startup’s acquisition of Sobek Auto India, comprising OLX Autos C2B business and OLX classifieds business, for INR [website] Cr.

CarTrade reported an operating revenue of INR [website] Cr in FY24 as against INR [website] Cr in the previous year.

Popular QSR chain Chaayos reduced its net loss by [website] to INR 54 Cr in FY24 from INR [website] Cr in FY23, as it cut its expenses and turned EBITDA profitable.

Chaayos’ operating revenue rose a mere [website] to INR [website] Cr during the year under review from INR 237 Cr in FY23. Including other income, total revenue grew 7% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Chaayos managed to reduce its total expenditure by [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Cleartrip’s Loss Crosses INR 800 Cr Mark.

Flipkart-owned online travel aggregator Cleartrip’s net loss jumped [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year, despite a surge in its top line.

Cleartrip’s operating revenue almost doubled to INR [website] Cr in FY24 from INR [website] Cr in FY23. Its revenue would have been INR [website] Cr if not for discounts. The corporation gave INR [website] Cr worth of discounts in FY24 as against INR [website] Cr in the previous fiscal.

Cleartrip’s expenses during the period under review jumped [website] to INR [website] Cr from INR [website] Cr in FY23.

Curefoods Net Loss Reduced To INR 173 Cr.

Bengaluru-based cloud kitchen startup Curefoods reduced its net loss by [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year, as its top line surged and margins improved.

The startup’s operating revenue zoomed [website] to INR [website] Cr in FY24 from INR 382 Cr in the previous fiscal year.

The startup’s expenses grew only [website] to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Delhi NCR-based Delhivery posted a 75% decrease in its loss in FY24. The logistics unicorn reported a loss of INR 249 Cr during the year as against INR 1,007 Cr in FY23.

Operating revenue stood at INR 8,141 Cr in FY24, an increase of [website] from INR 7,225 Cr in the previous fiscal year.

The startup also reduced its advertising expenses to INR 16 Cr from INR 22 Cr in FY24.

The Delhi NCR-headquartered startup’s operating revenue plunged nearly 75% to INR 499 Cr in FY24 from INR 1,[website] Cr in the previous fiscal year.

In line with the fall in revenue, DealShare managed to lower its net loss by 67% to INR [website] Cr from INR 503 Cr in the previous fiscal year.

In a bid to improve its bottom line, DealShare cut its expenditure by 70% to INR [website] Cr in FY24 from INR 2,[website] Cr in the previous fiscal year.

IPO-bound coworking space provider DevX posted a net profit of INR [website] Lakh in FY24 as against a net loss of INR [website] Cr in the previous fiscal.

The startup’s operating revenue zoomed 55% to INR [website] Cr during the year under review from INR [website] Cr in the previous fiscal year.

The coworking space provider’s total expenses rose 37% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Accel-backed wealthtech startup Dezerv’s operating revenue surged 157% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Despite the growth in its top line, Dezerv’s consolidated net loss rose 95% to INR [website] Cr during the year under review from INR [website] Cr in FY23, on account of a sharp increase in its expenses.

Dezerv’s total expenditure shot up 108% year-on-year to INR [website] Cr in the year ended March 31, 2024. It had incurred expenses of INR [website] Cr in the previous year.

Pune-based drone startup DroneAcharya Aerial Innovations reported a consolidated profit after tax (PAT) of INR [website] Cr in FY24, almost double of INR [website] Cr profit it posted in the previous fiscal year.

DroneAcharya’s operating revenue increased nearly 90% to INR [website] Cr in FY24 from INR [website] Cr in FY23. The startup attributed this increase to the business’s steady and consistent growth as a drone solution provider and a drone training organisation.

IPO-bound automobile ecommerce platform Droom reported a 35% decline in its consolidated net loss to INR [website] Cr in the fiscal year 2023-24 (FY24) from INR [website] Cr in the previous fiscal year due to lower expenses.

A change in its business model resulted in the IPO-bound startup’s operating revenue plunging 66% to INR [website] Cr in the year ended March 2024 from INR [website] Cr in the previous fiscal year.

Droom’s total expenses also fell over 64% to INR [website] Cr in the year ended March 2024 from INR 277 Cr in the previous fiscal year.

EaseMyTrip’s Revenue Inches Closer To INR 600 Cr Mark.

Online ticketing platform EaseMyTrip saw its revenue rise 32% to INR 591 Cr from INR [website] Cr in FY23, driven by an increase in sales of air tickets.

Despite the increase in revenue, the startup’s profit took a hit. EaseMyTrip’s profit fell 23% to INR [website] Cr in FY24 from INR 134 Cr in the previous fiscal year. Increase in advertising expenses was among the reasons for the decrease in profit.

IPO-bound logistics startup Ecom Express managed to reduce its net loss by 67% to INR [website] Cr in FY24 from INR [website] Cr in FY23.

The startup’s operating revenue saw a marginal [website] increase to INR 2,609 Cr in FY24 from INR 2,[website] Cr in the previous fiscal year, as per its DRHP. Total expenses rose marginally by [website] to INR 2,[website] Cr in FY24, from INR 2,[website] Cr.

Elasticrun reported a 49% decline in its operating revenue to INR 2,[website] Cr in FY24 from INR 4,[website] Cr in the previous fiscal year.

In line with the decrease in revenue, net loss fell 42% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

ElasticRun generates revenue through the sale of products and services. Revenue from the sale of products stood at INR 2,[website] Cr in FY24, a sharp decline from INR 4,[website] Cr in FY23. However, revenue from the sale of services increased [website] to INR [website] Cr from INR [website] Cr in the previous fiscal year.

The Pune-based startup’s total expenditure fell 47% to INR 2,[website] Cr from INR 5,[website] Cr in FY23.

Agritech startup Fasal’s revenue from operations grew 89% to INR [website] Cr in FY24 from INR 18 Cr in FY23. Including other income, Fasal’s total revenue grew nearly 90% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Meanwhile, total expenses rose 34% to INR [website] Cr during the year under review from INR [website] Cr in FY23.

Loss increased 6% to INR 34 Cr from INR 32 Cr in FY23.

Fino Payments Bank’s Profit Jumps Over 30%.

Mumbai-based Fino Payments Bank’s operating revenue jumped 20% to INR 1,[website] Cr in FY24 from INR 1,[website] Cr in the previous fiscal year.

Its expenses also grew almost in line with revenue. Total expenses stood at INR 1,[website] Cr in FY24, up 19% from INR 1,[website] in the previous fiscal year.

Fino’s net profit zoomed 32% to INR [website] Cr from INR 65 Cr in FY23.

Ahead of its IPO, kids-focussed omnichannel retailer FirstCry managed to reduce its net loss by 34% to INR [website] Cr in FY24 from INR 486 Cr in the previous fiscal year.

Its operating revenue increased 15% to INR 6,[website] Cr during the year under review from INR 5,[website] Cr in FY23. Expenses rose [website] to INR 6,[website] Cr from INR 6,[website] Cr in FY23.

FirstCry made its public market debut in August. Its shares listed at INR 651 on the NSE, a premium of 40% over its issue price of INR 549.

Freo narrowed its net loss by [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous year, on the back of improvement in its EBITDA margin.

Revenue from operations rose 11% to INR [website] Cr in the financial year ended March 2024 from INR [website] Cr in the previous year.

The digital banking startup managed to bring down its expenses by [website] to INR [website] Cr from INR [website] Cr in FY23.

The Bengaluru-based furniture rental startup’s operating revenue declined [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Furlenco also managed to lower its loss by [website] to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Total expenditure declined [website] to INR [website] Cr from INR [website] Cr in the previous fiscal year.

Gramophone’s operating revenue slumped 69% to INR [website] Cr in FY24 from INR [website] Cr in the previous year, as the startup shuttered its marketplace business during the year under review.

This also led to its expenditure falling 64% to INR [website] Cr from INR 374 Cr in FY23. As a result, the startup’s net loss declined 40% to INR [website] Cr from INR [website] Cr in the previous year.

Insurtech startup Go Digit posted strong results with a 400% jump in its profit after tax (PAT) to INR 182 Cr in FY24 from INR 36 Cr in the previous fiscal year.

With the sharp growth in health, travel, and personal accident premiums, Go Digit’s total gross written premium (GWP) increased [website] to INR 9,016 Cr from INR 7,243 Cr in FY23.

Net earned premium rose over 37% to INR 7,096 Cr in FY24 from INR 5,164 Cr in FY23.

Delhi NCR-based HealthKart, which bagged a funding of $153 Mn in November 2024, turned profitable in FY24, posting a net profit of INR [website] Cr in FY24 as against a net loss of INR [website] Cr in the previous fiscal year.

The startup’s sales rose 23% to INR 1,[website] Cr during the year under review from INR [website] Cr in the previous fiscal year. Total expenditure saw a marginal 1% rise to INR 1,031 Cr in FY24 from INR 1,016 Cr in the previous year.

[website]’s Profit Crosses INR 350 Cr Mark.

Mumbai-based [website] reported a profit of INR 378 Cr in FY24, an increase of 144% from INR 155 Cr in the previous fiscal year.

The IPO-bound startup’s operating revenue increased 23% to INR 14,530 Cr from INR 11,[website] Cr in the previous year.

In line with the increase in sales, total expenditure grew 23% to INR 14,272 Cr from INR 11,[website] Cr in FY23.

Wealthtech startup Jar narrowed its net loss by 15% to INR [website] Cr in FY24 from INR 123 Cr in the previous year, as revenue grew and expenses declined.

Revenue from operations skyrocketed 461% to INR [website] Cr in FY24 from INR [website] Cr in the last fiscal (FY23).

Including other income of INR [website] Cr, total revenue surged 277% to INR [website] Cr during the year under review from INR [website] Cr in the previous year.

Jar’s total expenses for the fiscal year ended March 31, 2024 increased [website] to INR [website] Cr from INR [website] Cr in FY23.

Fintech business Juspay’s net loss narrowed [website] to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

It posted a [website] rise in operating revenue to INR [website] Cr from INR [website] Cr in FY23.

Total expenses climbed [website] to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Lenskart’s Revenue Crosses INR 5,000 Cr Mark.

Peyush Bansal-led Lenskart saw its sales jump 43% to INR 5,[website] Cr during the year under review from INR 3,788 Cr in FY23.

Including other income, total revenue rose 43% to INR 5,[website] Cr in FY24 from INR 3,[website] Cr in the previous fiscal year.

Lenskart managed to reduce its net loss by 84% to INR 10 Cr in FY24 from INR 64 Cr in FY23.

Kuku FM’s Revenue Inches Closer To INR 100 Cr Mark.

Kuku FM saw its operating revenue increase over 100% in FY24. Revenue from operations zoomed 114% to INR 88 Cr from INR [website] Cr in FY23.

The IFC-backed startup saw its expenditure increase 21% to INR 200 Cr in FY24 from INR [website] Cr in the last fiscal year.

It also managed to bring down its loss. Net loss stood at INR 96 Cr in FY24, down 18% from INR [website] Cr in FY23.

ideaForge reported its third consecutive profitable fiscal as the drone maker clocked a net profit of INR [website] Cr in the fiscal ended March 2024. This was an increase of almost 50% from INR [website] Cr. Its profit stood at INR 44 Cr in FY22.

Operating revenue also soared more than 70% year-on-year (YoY) to INR 186 Cr during the year under review.

Meanwhile, expenses zoomed 81% to INR [website] Cr in FY24 from INR [website] Cr in the previous year.

The Bengaluru-based read-to-eat food maker turned profitable in FY24, posting a net profit of INR [website] Cr as against a loss of INR [website] Cr in FY23.

iD Fresh Foods clocked a 16% increase in its operating revenue to INR [website] Cr in FY24 from INR [website] Cr in the previous year.

Total expenditure grew [website] to INR [website] Cr during the year under review from INR [website] Cr in FY23.

The fintech startup’s operating revenue crossed the INR 1,000 Cr mark during the year under review. InCred saw its top line grow nearly 47% to INR 1,270 Cr in FY24 from INR [website] Cr in FY23.

Meanwhile, profit soared 162% to INR [website] Cr from INR [website] Cr in FY23. Rising finance costs and employee benefit expenses pushed up InCred’s total expenses by over 37% YoY to INR [website] Cr during the fiscal year under review.

IndiaMART’s Revenue Crosses INR 1,000 Cr Mark.

The B2B ecommerce major posted a 17% rise in its net profit to INR 334 Cr in FY24 from INR 283 Cr in the year-ago period.

Operating revenue jumped 21% to INR 1,196 Cr in the fiscal ended March 2024 from INR 985 Cr in FY23. On similar lines, total expenses also rose 20% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year. This increase in expenditure was largely attributable to a sharp jump in employee benefit costs, which rose 27% YoY to INR 507 Cr during the year under review.

IndiQube’s net loss widened 72% to INR [website] Cr in FY24 from INR [website] Cr in the previous year, primarily due to a sharp increase in loss on fair valuation of financial liabilities.

However, revenue from operations surged 44% to INR [website] Cr during the year under review from INR [website] Cr in FY23.

The IPO-bound managed office space provider saw its total expenses zoom 51% to INR 1,[website] Cr during the year under review from INR [website] Cr in FY23.

Auto marketplace CarDekho’s insurance arm InsuranceDekho turned profitable in FY24 on the back of a multifold jump in revenue. The startup reported a net profit of INR [website] Cr during the fiscal year under review compared to a loss of INR [website] Cr in FY23.

Operating revenue zoomed 670% to INR [website] Cr from INR [website] Cr in FY23. The startup’s total expenditure also rose 360% to INR [website] Cr in FY24 from INR [website] Cr in the precious fiscal year.

Online travel aggregator ixigo had a bumper year as its net profit more than tripled to INR [website] Cr from INR [website] Cr in FY23.

The travel tech major’s operating revenue increased almost 31% to INR [website] Cr in the reported fiscal year from INR [website] Cr in FY23. This came largely on the back of broad-based growth across its business verticals and healthy uptick in annual active customers.

Total expenditure jumped almost 30% YoY to INR [website] Cr in FY24.

Le Travenues Technology, the parent firm of the travel tech startup, made a stellar debut on the stock exchanges in June 2024 and listed at INR [website] per share on the BSE, a [website] premium from the issue price of INR 93.

Delhi NCR-based media and entertainment startup Josh Talks pruned its loss by 25% in FY24 to INR [website] Cr from INR [website] Cr loss it incurred in the previous fiscal year.

Revenue from operations rose 2% to INR [website] Cr from INR [website] Cr in FY23. Including other income of INR [website] Lakh, the startup’s total revenue for the fiscal stood at INR [website] Cr. This number was 3% higher than the INR [website] Cr total revenue for FY23.

The startup also managed to lower its total expenditure by 9% to INR [website] Cr in FY24 from INR 32 Cr.

WestBridge Capital-backed SaaS startup LeadSquared reported a marginal [website] increase in its net loss to INR [website] Cr in FY24 from INR [website] Cr in the previous year.

Operating revenue rose [website] to INR [website] Cr during the year under review from INR [website] Cr in FY23. Including other income of INR [website] Cr, the Bengaluru-based startup’s total revenue jumped [website] year-on-year to INR [website] Cr.

LeadSquared’s overall expenses rose [website] to INR [website] Cr during the year ended March 31, 2024 from INR [website] Cr in the previous year.

Lendingtech startup Lendingkart reported a [website] decline in its consolidated net profit to INR [website] Cr in FY24 from INR [website] Cr in FY24, primarily due to a sharp increase in impairment loss on financial assets, loans and advances.

However, operating revenue zoomed [website] to INR 1,[website] Cr during the year under review from INR [website] Cr in the previous year.

Lendinkart’s total expenses rose [website] to INR 1,[website] Cr during the year ended March 31, 2024 from INR [website] Cr in the previous year.

Honasa Consumer Ltd, the parent entity of D2C unicorn Mamaearth, returned to the black during the year under review. After posting a net loss of INR [website] Cr in FY23, the startup minted a profit of INR [website] Cr in FY24.

Operating revenue rose [website] to INR 1,[website] Cr from INR 1,[website] Cr in FY23. Total expenditure jumped [website] to INR 1,[website] Cr in FY24 from INR 1,[website] Cr in the previous fiscal year.

Geotech firm MapmyIndia reported a profit of INR [website] Cr in FY24, up 25% from INR [website] Cr in the previous fiscal year.

Operating revenue rose more than 34% to INR 379 in the year ended March 2024 from INR 281 Cr in FY23. Meanwhile, total expenditure increased 36% YoY to INR [website] Cr on the back of a sharp rise in other expenses, which rose 73%.

House of brands Unicorn Mensa Brands’ consolidated net loss declined about 31% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal.

The startup’s operating revenue increased [website] to INR [website] Cr during the year under review from INR [website] Cr in FY23. Including other income of INR [website] Cr, total income stood at INR [website] Cr in FY24.

Mensa Brands managed to cut its total expenses by 7% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Bhubaneswar-based dairy tech startup Milk Mantra turned profitable in FY24, posting a net profit of INR [website] Cr as against a net loss of INR [website] Cr in the previous fiscal year. It is pertinent to note that the startup slipped into the red for the first time in FY23 after eight straight years of profitability.

Operating revenue stood at INR [website] Cr in FY24, a marginal increase of [website] from INR [website] Cr in FY23.

In terms of expenditure, the startup’s total cost fell a little over 7% to INR [website] Cr in FY24 from INR [website] Cr in the previous year.

D2C skincare brand Minimalist’s net profit more than doubled to INR [website] Cr in the financial year 2023-24 (FY24) from INR [website] Cr in FY23, on the back of a strong growth in its top line.

The Rajasthan-based startup’s revenue from operations surged 89% to INR [website] Cr during the year under review from INR [website] Cr in FY23.

Expenditure rose largely in line with the growth in its sales. Total expenses jumped 84% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Supply-chain financing startup Mintifi’s net profit zoomed 273% to INR [website] Cr in FY24 from INR [website] Cr in the previous year on the back of robust growth in its topline and improvement in margins.

Revenue from operations surged nearly 72% to INR [website] Cr during the year under review from INR [website] Cr in FY23. Including other income of INR [website] Cr, total revenue climbed almost 77% year-on-year to INR [website] Cr in the year ended March 31, 2024.

Mintifi’s total expenses also rose sharply to INR [website] Cr in FY24, up nearly 44% from [website] Cr a year ago.

D2C luggage startup Mokobara’s loss nearly halved to INR [website] Cr in FY24. It had posted a loss of INR [website] Cr in the previous fiscal year.

Revenue from operations jumped 120% to INR [website] Cr from INR [website] Cr it reported in FY23. Total expenditure nearly doubled to INR [website] Cr from INR [website] Cr in FY23.

Fashion ecommerce giant Myntra turned profitable in the fiscal year 2023-24 (FY24), posting a consolidated net profit of INR [website] Cr as against a loss of INR [website] Cr in the previous fiscal year.

The profitability came on the back of a bump in Myntra’s topline and slight reduction in its expenses in the fiscal.

The startup’s revenue from operations stood at INR 5,[website] Cr in FY24, up about 15% from the INR 4,465 Cr in the previous fiscal year.

Myntra cut its expenses slightly to turn profitable in the fiscal. In FY24, the startup spent INR 5,123 Cr, down 3% from the INR 5,[website] Cr it spent in the prior fiscal.

Navi Finserv’s Operating Revenue Takes Hit.

Navi Finserv’s consolidated operating revenue fell [website] to INR 1,[website] Cr in FY24 from INR 2,[website] Cr in FY23. The startup’s profit from continued operations also slipped 41% year-on-year (YoY) to INR [website] Cr in FY24.

It is pertinent to mention that Navi Finserv divested its entire holding in microfinance subsidiary Chaitanya India Fin Credit Private Ltd during the year under review. Including profit from discontinued operations, its net profit more than doubled to INR [website] Cr in FY24 from INR [website] Cr.

Total expenses saw a marginal increase to INR 1,[website] Cr in the reported year from INR 1,[website] Cr in FY23, with finance cost alone comprising over 37% of its total spending.

Gaming major Nazara Technologies reported an operating revenue of INR 1,[website] Cr during the year under review. This was an increase of [website] from INR 1,091 Cr in FY23.

Profit jumped [website] to INR [website] Cr from INR [website] Cr in the previous fiscal year.

Nazara’s total expenses stood at INR 1,[website] Cr in FY24, an increase of [website] from INR 1,[website] Cr in the previous fiscal year.

Fashion ecommerce startup Nykaa reported an operating revenue of INR 6,[website] Cr in FY24, [website] higher than INR 5,[website] Cr in the previous fiscal year.

Its profit increased [website] to INR 40 Cr in FY24 from INR [website] Cr in FY23.

The Falguni Nayar-led unicorn’s total expenditure grew [website] to INR 6,[website] Cr in FY24 from INR 5,[website] Cr in the previous fiscal year.

OfBusiness’ Revenue Crosses INR 19,000 Cr Mark.

B2B marketplace OfBusiness’ consolidated operating revenue surged over 25% to INR 19,[website] Cr FY24 from INR 15,[website] Cr in the previous fiscal year. Net profit increased by over 30% to INR 602 Cr from INR 463 Cr in the previous fiscal year.

Total expenses jumped [website] to INR 18,[website] Cr in FY24 from INR 15,[website] Cr in the previous fiscal year.

Ola Electric Breaches INR 5,000 Cr Revenue Mark.

not long ago listed two-wheeler EV startup Ola Electric reported a 90% jump in its revenue to INR 5,010 Cr in FY24 from INR 2,630 Cr in the previous year, on the back of increase in sales of its EV scooters.

The Bhavish Aggarwal-led startup also managed to cap the increase in loss ahead of its IPO. Its net loss rose 7% to INR 1,[website] Cr in FY24 from INR 1,472 Cr in the previous year. Employee benefit expenses increased to INR 439 Cr from INR 427 Cr in FY23.

OneCard’s Revenue Crosses INR 1,400 Cr Mark.

Peak XV Partners-backed fintech unicorn OneCard’s operating revenue zoomed 163% to INR 1,[website] Cr in FY24 from INR [website] Cr in the previous fiscal year. Including other income of INR [website] Cr, total revenue for the fiscal stood at INR 1,[website] Cr.

The startup incurred a net loss of INR [website] Cr in FY24, down [website] from INR [website] Cr in the previous fiscal year.

Expenses also surged during the fiscal year as its top line grew. OneCard spent INR 1,[website] Cr in FY24, up about 87% from INR [website] Cr in the previous fiscal.

Neobanking startup OPEN’s operating revenue declined 17% to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Including other income, the startup’s total revenue declined 13% to INR [website] Cr from INR [website] Cr in FY23.

With the decline in revenue, the Temasek-backed startup’s net loss also reduced 30% to INR 170 Cr during the year under review from INR [website] Cr in the previous fiscal year.

Total expenditure fell 34% to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Oxyzo’s Profit Rises To Almost INR 300 Cr.

Fintech unicorn Oxyzo, led by couple Ruchi Kalra and Asish Mohapatra, reported a 47% rise in profit to INR 290 Cr in FY24 from INR 198 Cr in the previous fiscal year.

Operating revenue zoomed 58% to INR [website] Cr from INR [website] Cr in FY23. Oxyzo primarily earns revenue from the interest it earns by offering loans to small and medium enterprises.

OYO Turns Profitable With INR 229 Cr PAT As Employee Costs Halve.

IPO-bound OYO posted a net profit of INR [website] Cr during the year as against a net loss of INR 1,[website] Cr in the previous financial year.

However, its operating revenue remained almost flat during the year under review. Revenue from operations stood at INR 5,[website] Cr in FY24, a decline of [website] from INR 5,[website] Cr in the previous fiscal year.

The startup managed to reduce its total expenditure by 16% to INR 5,[website] Cr in FY24 from INR 6,[website] Cr in the previous fiscal year.

Troubled fintech giant Paytm posted a revenue of INR 9,[website] Cr in FY24, an increase of [website] from INR 7,[website] Cr in the previous year. It also managed to narrow its loss by [website] to INR 1,[website] Cr from INR 1,[website] Cr in FY23.

However, it needs to be mentioned that the Vijay Shekhar Sharma-led enterprise’s revenue is likely to take a hit in FY25 due to the RBI’s crackdown on Paytm Payments Bank.

PB Fintech Operating Revenue Crosses INR 3,000 Cr Mark.

PB Fintech, the parent business of insurance tech platform PolicyBazaar, saw its revenue cross the INR 3,000 Cr mark in FY24. Its operating revenue rose [website] to INR 3,[website] Cr during the year under review from INR 2,[website] Cr in FY23.

The business also turned profitable, posting a profit of INR [website] Cr during the year under review compared to a loss of INR [website] Cr in FY23.

SaaS startup Perfios saw its consolidated net profit jumping [website] at INR [website] Cr in FY24 from INR [website] Cr. Revenue from operations jumped [website] to INR [website] Cr during the year under review from INR [website] Cr in FY23.

In line with the surge in its revenue, Perfios’ total expenses zoomed [website] to INR [website] Cr in the year ended March 31, 2024 from INR [website] Cr in FY23.

Epharmacy PharmEasy saw its consolidated net loss halve to INR 2,[website] Cr in the financial year 2023-24 (FY24) on the back of a decline in its expenses and exceptional items. The enterprise’s net loss declined [website] from INR 5,[website] Cr in FY23.

The firm, which was hit by financial and operational struggles in the recent past, also saw a 14% decline in operating revenue to INR 5,644 Cr from INR 6,[website] Cr in FY23.

Total expenditure declined [website] to INR 7,[website] Cr in FY24 from INR 8,974 Cr in FY23.

PhonePe’s Revenue Breaches INR 5,000 Cr Mark.

Walmart-backed fintech giant PhonePe reported an operating revenue of INR 5,064 Cr in FY24, an increase of 74% from INR 2,914 Cr in the previous fiscal year.

It also managed to reduce its net loss by 28% to bring it under INR 2,000 Cr. The organization’s net loss stood at INR 1,996 Cr during the year under review as against INR 2,795 Cr a year ago. Excluding share based payment expenses of INR 2,193 Cr, PhonePe posted adjusted profit after tax of INR 197 Cr in FY24 as against a loss of INR 738 Cr in FY23.

The Peak XV Partners-backed startup’s loss declined 45% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year. Operating revenue zoomed 56% to INR 2,[website] Cr in FY24 from INR 1,[website] Cr in the previous fiscal year.

The startup’s total expenditure rose 46% to INR 2,[website] Cr during the year under review from INR 1,964 Cr in the previous fiscal year.

Purplle’s FY24 Sales Zoom 43% To INR 680 Cr.

The Abu Dhabi Investment Authority (ADIA)-backed unicorn reported an operating revenue of INR [website] Cr in FY24, an increase of 43% from INR 475 Cr in the previous fiscal year.

Purplle’s total expenditure rose only 15% year-on-year. Its expenses stood at INR [website] Cr in FY24 as against INR [website] Cr in the previous fiscal year.

Purplle managed to reduce its cash burn during the year under review, as a result of which its net loss plummeted 46% to INR [website] Cr from INR 230 Cr in FY23.

Radhamani Textiles, the parent entity of Rare Rabbit, posted a profit of INR [website] Cr in FY24, up 131% from INR [website] Cr in the previous fiscal year.

The apparel brand’s operating revenue zoomed 69% to INR 637 Cr during the year under review from INR 376 Cr in FY23.

The startup’s expenses also increased. However, the rise in revenue was more than the increase in expenses. Total expenditure rose 60% to INR 542 Cr in FY24 from INR 339 Cr in the previous fiscal year.

Traveltech enterprise RateGain’s consolidated profit after tax jumped 114% to INR [website] Cr in FY24 from INR [website] Cr in FY23. Its operating revenue zoomed 69% to INR 957 Cr during the year under review from INR 565 Cr in FY23.

Employee benefit expenses increased to INR 380 Cr from INR [website] Cr in FY23, indicating an increase in employee count.

Peak XV Partners-backed Razorpay posted a profit of INR [website] Cr in FY24, an increase of 365% from INR [website] Cr in the previous year, as margins improved.

Operating revenue rose 9% to INR 2,475 Cr from INR 2,283 Cr in the previous fiscal year.

Total expenditure stood at INR 2,[website] Cr, an increase of 7% from INR 2,[website] Cr in FY23.

Cloud kitchen unicorn Rebel Foods narrowed its net loss by 42% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year. The Faasos-parent trimmed its loss on the back of an increase in its top line and controlled expenses.

Rebel Foods’ operating revenue jumped 19% to INR 1,[website] Cr in FY24 from INR 1,[website] Cr in FY23. Total expenses increased marginally by [website] to INR 1,857 Cr from INR 1827 Cr in the previous fiscal year.

IPO-bound coworking space provider Smartworks’ net loss narrowed 51% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year. The startup, which in recent times filed its DRHP to raise over INR 550 Cr via its IPO, saw its operating revenue jump 46% to INR 1,[website] Cr during the year under review from INR [website] Cr in FY23.

Total expenditure increased 34% to INR 1,[website] Cr from INR [website] Cr in the previous fiscal year.

Swiggy’s FY24 Revenue Crosses INR 10K Mark.

IPO-bound Swiggy managed to narrow its loss by 44% to INR 2,350 Cr in FY24 from INR 4,[website] Cr in the previous fiscal year.

Operating revenue stood at INR 11,[website] Cr, up [website] from INR 8,[website] Cr in FY23.

The IPO-bound corporation managed to control the rise in its expenses during the year. Its total expenditure grew a mere 8% to INR 13,[website] Cr from INR 12,[website] Cr in FY23.

IPO-bound Shadowfax slashed its net loss by nearly 92% to INR [website] Cr in FY24 from INR [website] Cr in the previous year, on the back of an increase in its top line and improvement in margins.

Operating revenue jumped [website] to INR 1,[website] Cr during the year under review from INR 1,[website] Cr in the previous year.

The logistics major’s total expenses rose [website] to INR 1,[website] Cr in FY24 from INR 1,[website] Cr in the previous fiscal year.

SaaS cybersecurity startup TAC Infosec reported a net profit of INR [website] Cr in the financial year 2023-24 (FY24), a 23% jump from INR [website] Cr in FY23.

Operating revenue rose 17% to INR [website] Cr during the year under review from INR [website] Cr in FY23.

Total expenditure for the fiscal stood at INR [website] Cr, an increase of 10% from the INR [website] Cr in the previous fiscal year.

The Bengaluru-based startup’s net loss narrowed 75% to INR 313 Cr in FY24 from INR 1,[website] Cr in the previous fiscal year.

The startup, which primarily earns revenue from sales of medicines, and offering lab and diagnostics test services, saw its operating revenue rise 21% to INR 1,[website] Cr during the year under review from INR 1,627 Cr in FY23.

It managed to cut its total expenditure by 20% to INR 2,[website] Cr in FY24 from INR 2,[website] Cr in the previous fiscal year.

B2B travel portal TBO Tek, which made a strong market debut in 2024, reported a 35% increase in its net profit to INR 200 Cr in FY24 from INR [website] Cr in the previous fiscal year. Operating revenue jumped 31% to INR 1,[website] Cr from INR 1,064 Cr in FY23.

Employee benefit expense rose to INR [website] Cr during the year under review from INR [website] Cr in FY23.

TBO Tek made its public market debut in May. The stock listed at INR 1,426 on the NSE, a premium of 55% to its issue price of INR 920. Similarly, the stock listed at INR 1,380 on the BSE, a premium of 50% to its issue price.

Lightspeed-backed edtech startup Teachmint’s consolidated net loss narrowed 37% to INR [website] Cr in FY24 from INR [website] Cr in the previous year, on the back of a robust growth in its top line and decline in expenses.

Operating revenue increased over 2X to INR [website] Cr during the year ended March 31, 2024 from INR [website] Cr in FY23.

Teachmint managed to bring down its total expenses by [website] to INR 160 Cr during the year under review from INR [website] Cr in FY23.

In what was a sombre fiscal for Tracxn, the market intelligence platform saw its net profit shrink by more than 80% to INR [website] Cr in FY24 from INR 33 Cr in the year-ago period.

Tracxn’s operating revenue rose nearly 6% to INR [website] Cr during the year under review from INR [website] Cr in FY23.

Tracxn FY24 Results: Profits Shrink By 80% For Full Year.

The fintech SaaS organization’s net profit zoomed 210% to INR [website] Cr in FY24 from INR 4 Cr in the previous fiscal year, on the back of a healthy growth in its top line.

The organization, which made its public market debut in April 2024, saw its operating revenue jump [website] YoY to INR 35 Cr during the fiscal year ended March 2024.

Trust Fintech’s Net Profit Jumps 3X To INR [website] Cr In FY24.

EV two-wheeler startup Ultraviolette’s net loss surged 8X to INR [website] Cr in FY24 from INR [website] Cr in the previous year. Operating revenue almost doubled to INR [website] Cr from INR [website] Cr in FY23.

The startup’s total expenses zoomed 312% to INR [website] Cr from INR [website] Cr in FY23, outpacing the increase in revenue.

Men’s grooming D2C brand Ustraa, which is owned by VLCC, saw its net loss jump 25% to INR [website] Cr in the financial year 2023-24 (FY24) from INR [website] Cr in the previous fiscal year.

Revenue from operations declined [website] to INR 94 Cr during the year under review from INR [website] Cr in FY23.

Despite the decline in revenue, Ustraa’s total expenses rose [website] to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Edtech unicorn Vedantu’s net loss declined 58% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year on the back of growth in its top line and improvement in margins.

The startup’s revenue from operations increased 21% to INR [website] Cr from INR [website] Cr in FY23. Including another income of INR [website] Cr, total revenue for the fiscal stood at INR [website] Cr.

The startup managed to reduce its expenses by 34% to INR [website] Cr from INR [website] Cr in FY23.

Whatfix’s Revenue Crosses INR 400 Cr Mark.

SoftBank-backed Whatfix posted a 49% increase in its revenue from operations to INR 425 Cr in FY24 from INR 285 Cr in the previous fiscal year.

Including other income, the startup’s total revenue rose [website] to INR [website] Cr from INR [website] Cr in FY23.

Whatfix also managed to lower its loss. Its net loss declined 20% to INR 263 Cr from INR [website] Cr in FY23. Besides, the startup’s total expenses rose only 12% to INR 706 Cr from INR [website] Cr in FY23.

Virat Kohli and Accel-backed youth fashion brand WROGN’s operating revenue slumped 29% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year. Including other income, total income declined 27% to INR [website] Cr in FY24 from INR [website] Cr in FY23.

Despite the decline in revenue, WROGN’s net loss rose 28% to INR [website] Cr during the year under review from INR [website] Cr in FY23.

Lending tech startup Yubi managed to reduce its net loss by over 22% to INR [website] Cr in FY24 from INR [website] Cr in the previous year.

Operating revenue jumped 47% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

The Peak XV Partners-backed startup’s total expenses increased marginally to INR [website] Cr during the year under review from INR [website] Cr in FY23.

The IPO-bound D2C meat delivery startup reported a 70% jump in its net profit to INR [website] Cr during the fiscal ended March 2024 from INR [website] Cr in FY23.

As per its draft red herring prospectus (DRHP), Zappfresh’s operating revenue zoomed over 60% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Zappfresh DRHP: Revenue Surges 60% To INR 90 Cr In FY24, Profit Jumps 70%.

Quick commerce unicorn Zepto’s consolidated revenue more than doubled to INR 4,[website] Cr in the fiscal year 2023-24 (FY24), on the back of growing popularity of quick commerce. The startup’s operating revenue jumped 120% during the year under review from INR 2,[website] Cr in FY23.

Despite a surge in revenue, it managed a slight reduction in its loss to 2% to INR 1,[website] Cr from INR 1,[website] Cr in FY23. The startup spent INR 5,[website] Cr in FY24, up 72% from INR 3,[website] Cr in the previous fiscal year.

Zypp Electric’s Revenue Jumps Over [website].

The two-wheeler electric bike manufacturer saw its operating revenue surge over [website] in the financial year ended March 31, 2024. The Delhi NCR-based startup reported an operating revenue of INR [website] Cr in FY24, a jump of 168% from INR 109 Cr in FY23.

However, loss also surged over 125% to INR [website] Cr in FY24 from INR 40 Cr in FY23.

Total expenditure grew 160% to INR 394 Cr from INR 152 Cr in FY23.

Note: This story has been edited to correct boAt’s FY24 operating revenue in the table.

Table of Contents Table of Contents Banshee (2013-2016) Crashing (2017-2019) Common Side Effects (2025).

The TV selection on Max isn’t quite as impres...

Mosaic Wellness’ FY24 Revenue Surges 60% To Cross INR 300 Cr Mark

Mosaic Wellness runs digital health platforms Man Matters, Be Bodywise and Little Joys, offering products and services for men, women and children, respectively.

The healthtech startup’s net loss declined 38% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Mosaic Wellness posted revenue from operations of INR [website] Cr in FY24 as against INR INR [website] Cr in FY23.

Health and wellness startup Mosaic Wellness saw its consolidated operating revenue zoom 60% to cross the INR 300 Cr mark in the financial year 2023-24 (FY24). It posted revenue from operations of INR [website] Cr during the year under review as against INR INR [website] Cr in FY23.

Besides, improvement in margins led to its loss declining 38% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Founded by Revant Bhate and Dhyanesh Shah in 2020, Mosaic Wellness runs digital health platforms Man Matters, Be Bodywise and Little Joys, offering products and services for men, women and children, respectively.

The platforms offer telemedicine consultation services, supplements, and other wellness products.

Mosaic Wellness earns most of its revenue through the sale of nutritional supplements, medicines, and other wellness products. In FY24, it generated a revenue of INR [website] Cr from the sale of its products as against INR [website] Cr in the last financial year.

Including other income of INR [website] Cr, total income stood at INR [website] Cr in FY24.

The Mumbai-based startup asserts to help over [website] Mn men with diagnoses and treatments, more than 4 Mn women by giving personalised solutions every year, and over 2 Mn parents through its platform for kids’ health.

The startup has raised a total funding of $[website] Mn to date and counts the likes of Peak XV Partners, Elevation Capital and Matrix Partners India among its investors.

It last raised $24 Mn in its Series A funding round led by Peak XV (then Sequoia Capital India) in 2021.

Where Did Mosaic Wellness Spend in FY24?

The startup’s total expenses rose at a lower pace than the increase in its top line. Expenses zoomed 38% to INR [website] Cr in FY24 from INR [website] Cr in the previous fiscal year.

Purchase Of Stock-In-Trade: The startup’s spending under this rose [website] to INR [website] Cr in FY24 from INR [website] Cr it spent in FY23.

Employee Benefits Expenses: Mosaic spent INR [website] Cr on its employees in the fiscal, up 32% from the INR [website] Cr it spent on its employees in FY23.

Advertising Promotional Expenses: The startup spent INR [website] Cr on advertising and marketing in FY24, up 38% from INR [website] Cr in the previous year.

Table of Contents Table of Contents LG G4 Evo OLED Hisense U7N ULED Series Sony Bravia 9 TCL QM7 Series (2024) LG C4 OLED Evo Sony XR A95L QD-OLED Sam...

The 8 best TVs for gaming in 2025, as vetted by our experts

Table of Contents Table of Contents LG G4 Evo OLED Hisense U7N ULED Series Sony Bravia 9 TCL QM7 Series (2024) LG C4 OLED Evo Sony XR A95L QD-OLED Samsung S95D QD-OLED Samsung S90D QD-OLED Frequently Asked Questions.

There are lots of excellent TVs out there that are just fine for watching cable or streaming Netflix. But if your screen needs are a bit more video-game-inspired, it’s in your best interest to invest in a TV that’s tailor-made for gaming. While this doesn’t necessarily mean you’ll need to spend an arm and a leg for a TV that plays nicely with your Xbox or PlayStation, there are a few essentials you should be on the lookout for, especially when it comes to HDR performance, input lag, and response times.

While noteworthy TV brands like Samsung, Sony, and LG all produce TVs that are designed to handle all your console and PC gaming needs, brands like Hisense and TCL offer a couple of more budget-friendly offerings, too. Our TV experts spent more than 200 hours testing TVs this year, giving us the expertise we need to put together this roundup of all the best gaming TVs you can buy. Here are some of our recommendations.

LG G4 OLED Review Pros Outstanding brightness.

Five-year warranty Cons Hit-or-miss sound.

Specification: Screen sizes available 55, 65, 77, 83, and 97 inches Display type OLED HDR support Dolby Vision, HDR10, and HLG Operating system webOS 24 Connectivity 4 x HDMI [website], Ethernet, optical, 3 x USB-A.

What is there to say about the magnificent LG G4 Series OLED that hasn’t been noted? For starters, there’s what our editor-at-large and TV expert, Caleb Denison, had to say: “The LG G4 is a triumph of modern television engineering.” Those are big words, but Caleb couldn’t be any more astute. The LG G4 delivers some of the best brightness levels we’ve ever seen from an OLED TV. We clocked 1,500 nits at one point, which is the kind of illumination generally reserved for a QLED set.

That’s thanks in part to LG’s decision to use Micro Lens Array (MLA). When combined with the TV’s class-leading HDR support, it’s hard to beat the vibrant colors and fantastic contrast the LG G4 is capable of. LG’s Alpha 11 AI Processor with AI Picture Pro and 4K upscaling are working hard behind the scenes, too. And with its HDMI [website] connectivity, low input lag, and LG’s Game Optimizer picture mode, your PlayStation 5 and Xbox Series X/S gameplay is going to blow your mind.

There’s a small risk of burn-in with the LG G4, but as long as you keep your TV turned off when it’s not in use (or have an auto-timer set up), you shouldn’t have any issues. The LG G4 Series OLED is available in 55-, 65-, 77-, 83-, and 97-inch sizes, and the three largest models come with LG’s Slim Wall Mount (the 55- and 65-inch versions come with a stand).

LG G4 Evo OLED The best TV for gaming More.

Great for gaming Cons Poor off-angle viewing.

Specification: Screen sizes available 55, 65, 75, and 85 inches Display type mini-LED HDR support Dolby Vision, HDR10+, HDR10, and HLG Operating system Google TV Connectivity 2 x HDMI [website], 4 x HDMI [website], Ethernet, optical, [website] analog audio out, 2 x USB-A.

Sitting one rung below Hisense's U8N ULED and a step above its U6N ULED, the Hisense U7N is a bright and colorful QLED (Hisense just likes to say ULED) that continues to showcase Hisense’s takeover of the budget-friendly TV market. With its full-array mini-LED backlighting and Hisense’s Hi-View Engine PRO chipset, the U7N does a fantastic job at optimizing every frame. We’re very impressed by the contrast levels this mini-LED is capable of, too, but you may experience the occasional bit of light bloom during darker scenes in movies, presents, and games.

Speaking of gaming, the Hisense U7N is tailor-made for console and PC hookups. On top of HDMI [website] connectivity (on inputs 3 and 4), a 144Hz refresh rate, and VRR support, the TV’s Auto Low Latency Mode kicks in when a PlayStation or Xbox is detected and automatically switches over to Game Mode.

The U7N ULED isn’t half bad when it comes to sound quality either. A built-in subwoofer helps to drive extra low end into the soundstage but doesn’t trump dialogue and vocals. You’ll also be able to stream Netflix, control smart home devices, cast content, and more with the U7N’s Google TV OS.

Available in 55-, 65-, 75-, and 85-inch sizes, the Hisense U7N ULED doesn’t have the best off-angle viewing, but this shouldn’t be a problem if you’re working with a smaller to medium-sized viewing space.

Hisense U7N ULED Series Best budget gaming TV More.

Sony Bravia 9 Review Pros Super-clean picture.

Excellent motion handling Cons Backlight fluctuations visible in dark rooms.

Specification: Screen sizes available 65, 75, and 85 inches Display type mini-LED HDR support Dolby Vision, HDR10+, HDR10, and HLG Operating system Google TV Connectivity 2 x HDMI [website], 4 x HDMI [website], Ethernet, optical, 2 x USB-A.

New in 2024, the Sony Bravia 9 Series was not only the firm’s flagship set of the year but it’s also one of the best TVs you can play video games on, bar none. , microcosmic LED controllers allow the Bravia 9 to achieve the kind of contrast accuracy and inky black levels usually associated with the best OLED TVs. We loved what we saw (and heard) in our hands-on review of this mini-LED set, but how exactly does the Bravia 9 fare against input lag and demanding online gameplay? Quite nicely, though there is a slight caveat. We’ll let our editor-at-large Caleb Denison, shine some light on the matter:

“[The Sony Bravia 9 Series] doesn’t do 144Hz refresh rate, so it isn’t perhaps going to unlock that one feature for those using high-end gaming PCs. But it does support VRR (variable refresh rate), ALLM (auto low latency mode), and source-based tone mapping, so it’s a great companion to both of the Xbox and PlayStation 5 consoles.”.

Beyond that 144Hz limitation, though, each of the Bravia 9’s four HDMI ports is HDMI [website] certified, ensuring you’ll get the absolute best motion and lag performance when connecting a modern console. And thanks to the chart-topping illumination this mini-LED monolith can achieve and the set’s excellent reflection handling, you should have zero issues gaming in a brightly lit room.

Oh, and the Bravia 9 is an absolute champ when it comes to support for class-leading codecs like Dolby Vision and Dolby Atmos sound. We’re also glad to study that the sound on this TV isn’t half-bad either, though home theater diehards and gaming enthusiasts may prefer a soundbar, surround system, or gaming headset.

Sony Bravia 9 Best runner-up gaming TV More.

Pros Excellent brightness, colors, and contrast.

Google TV runs smoothly Cons Issues with VRR at 65Hz.

Specification: Screen sizes available 55, 65, 75, 85, and 98 inches Display type mini-LED HDR support Dolby Vision, HDR10+, HDR10, and HLG Operating system Google TV Connectivity 2 x HDMI [website], 4 x HDMI [website], Ethernet, optical, [website] analog audio out, 2 x USB-A.

TCL is another excellent brand that produces exceptional, budget-friendly TVs that look and feel like higher-priced QLEDs and OLEDs. The TCL QM7 Series is a 2024 model that sits between the TCL Q6 Series and the QM8 Series. Equipped with TCL’s AIPQ PRO processor, TCL proposes the QM7 is able to hit 2,400 nits at peak brightness. We’re assuming this is relegated to HDR. Still, the TV’s full-array LED backlighting, quantum dots, and numerous local dimming zones allow the QM7 to remain vibrant and colorful even when viewing SDR content.

As for gaming, the TCL QM7 has very low input lag and ALLM support, which allows you to game with a PlayStation, Xbox, or PC at up to 4K at 144Hz (limited to HDMI 1). And thanks to ALLM, the TV will automatically switch over to Game Mode when compatible gaming hardware is detected. This ensures you’ll get the best response times possible both online and offline.

While most gaming titles max out at 60 fps, do keep in mind that the QM7 Series has some trouble when the frame rate is between 60 fps and 70 fps. You’ll also want to make sure you’re sitting as centered with your TCL QM7 as possible, as the TV doesn’t have the best off-angle viewing.

When it comes time to stream some Disney+, the QM7 Series uses Google TV to get you access to apps, free live TV stations, smart home controls, and more. It’s not a perfect TV by any means, but if you’re looking for a 55-, 65-, 75-, 85-, or 98-inch QLED that you’ll love playing video games on, the TCL QM7 Series is well worth your consideration.

TCL QM7 Series (2024) Best budget TCL for gaming More.

LG C4 OLED Review Pros Excellent contrast.

Accurate out-of-the-box settings Cons Weak audio system.

Specification: Screen sizes available 42, 48, 55, 65, 77, and 83 inches Display type OLED HDR support Dolby Vision, HDR10, and HLG Operating system webOS 24 Connectivity 4 x HDMI [website], Ethernet, optical, 3 x USB-A.

What is there to say about the excellent LG C4 OLED Evo that hasn’t already been introduced? Brought to us by the folks who know OLED TVs more effective than any manufacturer, the C4 Series sits just one rung below LG’s flagship G4 model. Like any good LG TV, the C4 is available in numerous sizes and delivers the kind of rich colors and impressive contrast levels that only an OLED can achieve. And thanks to LG’s Evo panel tech and elements like Brightness Booster Max, the C4 is actually able to go toe to toe with a handful of LED-LCDs over illumination numbers.

But why is this TV so good for gaming? Not only will you be able to game at up to 4K/144Hz but each of the C4’s four HDMI ports is [website] certified. Whether you’re connecting a PS5 or desktop PC, HDMI [website] ensures you’ll get the best response time and reduced input lag. This is also thanks to functions like VRR and class-leading HDR support, both of which can be found on the C4 Series.

The C4 even has a built-in Game Optimizer, though this preset is noticeably less bright than other picture settings. Should you decide to go with the C4, you’ll also want to make sure your seating is as close to the screen center as possible. In our tests, we noticed a slight green tinge when viewing the C4 off-center.

LG C4 OLED Evo Best midrange OLED for gaming More.

Sony Bravia A95L Review Pros Outstanding color accuracy and brightness.

Incredibly good upscaling Cons Some deep attributes not available at launch.

Specification: Screen sizes available 55, 65, and 77 inches Display type QD-OLED HDR support Dolby Vision, HDR10+, HDR10, and HLG Operating system Google TV Connectivity 2 x HDMI [website], 4 x HDMI [website], Ethernet, optical, 2 x USB-A.

OK, we know it's a 2023 TV, but the Sony XR A95L is still one of the best TVs we've ever tested, and if you can find one on sale it will make a fantastic gaming TV. Available in 55, 65, and 77-inch sizes, this is another QD-OLED set that employs quantum dots and self-emissive pixels, with a healthy dash of Sony’s Cognitive Processor XR thrown in for some of the best picture processing and upscaling in town.

As you can guess from our writeup on the Samsung S95C, the QD-OLED results are simply amazing. We’re talking incredible peak brightness levels, rich colors, unbelievable contrast, and lightning-fast motion handling for the A95L. But beyond the flagship elements that we most certainly expect from a TV that starts pricing at around $2,800 for the 65-inch, what impeccable gaming tech can we anticipate from this bad boy?

Well for starters, like the midrange Sony XR X93L, the A95L model is optimized for Playstation 5 gameplay. Two of the TV’s four HDMI inputs are [website] certified, with support for 4K at up to 120Hz. To further buttress the motion handling, the A95L also includes support for VRR and ALLM, ensuring you’ll experience as little lag as possible when playing online or offline.

But perhaps our favorite A95L gaming feature is the set’s Auto HDR Tone Mapping. This is a feature you’ll enable during the initial setup of your PS5 with the A95L. Once activated, all of your gameplay visuals will receive full HDR treatment (as long as the actual game is available in HDR), giving you the best brightness, colors, and contrast, regardless of the genre.

The Sony XR A95L also supports Multi-View, which lets you game on one part of the TV screen, while the second half of the screen can be used to stream a movie or show from apps like YouTube, Netflix, and Prime Video. And like many of the models in this roundup, the A95L comes with a gaming dashboard that lets you adjust things like motion clarity and picture presets without having to go into the TV’s main settings menu.

Sony XR A95L QD-OLED One of the best screens in the business More.

Samsung S95D QD-OLED TV Review Pros Exellent brightness.

Awesome for bright rooms Cons Anti-glare treatment is polarizing.

Blacks may appear lifted in bright rooms.

Specification: Screen sizes available 55, 65, and 77 inches Display type QD-OLED HDR support HDR10+, HDR10, and HLG Operating system Tizen OS Connectivity 4 x HDMI [website], Ethernet, optical, 3 x USB-A.

In our review, we called the 2024 Samsung S95D “one hell of a TV, one of the brightest — and definitely one of the best of the year.” We also explained the uproar the TV caused when it was revealed at this year’s CES, which centered on it’s anti-glare feature.

The technology reduces ambient light reflecting off the screen by spreading it across its surface. This helps create a more comfortable viewing experience, especially in bright rooms where traditional OLEDs often struggle. However, some people prefer a more localized effect, as the dispersion affects the entire screen, unlike on most other TVs.

But whether you care about the S95D's anti-glare tech or not, it's included on this list because of its excellent performance in brightly lit rooms, as well as its excellent gaming specs. Gamers will love the S95D's lag-free and smooth gameplay thanks to the QD-OLED's 144Hz refresh rate. It also aspects AMD's FreeSync Premium Pro and Auto Low Latency (ALLM) gaming mode that automatically switches the TV to this setting when a game console is detected. And if you don't have a console, that's OK, too — because it's a Samsung, it aspects Sammy's Gaming Hub that allows you to play a ton of games from Xbox and other online cloud streaming game services.

Of course, when you're done laying waste to your enemies, you're also getting one of the best TVs of the year to watch movies and TV demonstrates on. The flagship S95D benefits from Samsung's latest NQ4 AI Gen2 Processor, and supports HDR10+, as well as Dolby Atmos sound for immersive audio.

Samsung S95D QD-OLED Best gaming TV for bright rooms More.

Great motion handling Cons No Dolby Vision or DTS support.

QD-OLED is only on 55-, 65-, and 75-inch sizes.

Specification: Screen sizes available 42, 48, 55, 65, 77, and 83 inches Display type QD-OLED (55-, 65-, and 77-inch), WOLED (42-, 48-, and 83-inch) HDR support HDR10+, HDR10, and HLG Operating system Tizen OS Connectivity 4 x HDMI [website], Ethernet, optical, [website] analog audio out, 2 x USB-A.

For those unaware, Samsung actually took a stab at OLED TVs well over a decade ago, and the results were… good. Then, the Big S quickly switched to only LED-LCD production for many years. And guess what? Now they’re making OLEDs again, only this time Samsung is back with a quantum dot-inspired vengeance.

The Samsung S90D is one of the brand’s 2024 OLEDs, and Samsung decided to do something rather polarizing with this premium TV: selling it with two different panel types. The 55-, 65-, and 75-inch versions of the S90D come with the superior QD-OLED panel, which was standard for all sizes on last year’s Samsung S90C. The more traditional WOLED display is used for the S90D’s 43-, 48-, and 83-inch sizes.

Equipped with Samsung’s Neo Quantum 4K AI Gen 2 processor, the S90D is able to leverage AI to continuously optimize picture quality from one frame to the next, regardless of the source. You can also expect bright HDR performance, vibrant colors, and inky black levels, courtesy of the TV’s amazing contrast. Gamers will be glad to learn that HDMI [website] connectivity is spread across all four HDMI ports, and the S90D is able to output 4K at up to 144Hz. And thanks to VRR and ALLM support, auto-switching to Game Mode happens as soon as you turn your PS5 or Xbox on.

As for apps, games, and mobile device casting, the S90D is powered by Tizen OS, which does a nice job of loading content quickly. Navigation from one screen to the next is smooth and intuitive, too.

Samsung S90D QD-OLED Best midrange Samsung TV for gaming More.

Dhan parent Raise Financial Services’ portfolio of products consists of stock broking app Dhan, the “Option Trader” app, an API platform for traders c...

The organization is planning to bring a range of financial services, including credit and wealth management products for its people.