Traya Health posted 8X growth in scale in FY23, expenses rise

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2024-05-20 05:56:19 -

Traya Health Achieves 8X Scale Growth in FY23, Expenses Surge

Mumbai-based Traya Health's revenue surged 8.8X to Rs 61.7 crore in FY23. Established in 2019, it offers personalized hair care products. Operational revenue rose to Rs 61 crore from Rs 6 crore. Major expenses included advertising (55%) and materials (15%). Losses increased to Rs 27.8 crore. Recently, it secured Rs 75 crore in Series A funding from Xponentia Capital.

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Traya Health Achieves 8X Scale Growth in FY23, Expenses Surge Mumbai-based Traya Health's revenue surged 8.8X to Rs 61.7 crore in FY23. Established in 2019, it offers personalized hair care products. Operational revenue rose to Rs 61 crore from Rs 6 crore. Major expenses included advertising (55%) and materials (15%). Losses increased to Rs 27.8 crore. Recently, it secured Rs 75 crore in Series A funding from Xponentia Capital. #thekredible #TrayaHealth #HairCare #HairLossSolutions #StartupIndia #RevenueGrowth #News #Startup #Data #Insight #XponentiaCapital #SeriesAFunding https://thekredible.com/blogs/traya-health-posted-8x-growth-in-scale-in-fy23-expenses-rise

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Traya Health posted 8X growth in scale in FY23, expenses rise

Mumbai-based Traya Health posted an enormous surge in its revenue in FY23 to Rs 61.7 crore, an 8.8X growth from FY22.

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