WishCare’s top line crossed Rs 19 Cr in FY23, profits rise Kolkata-based beauty and wellness brand WishCare saw its FY23 revenue surge 21X to Rs 19 crore, up from Rs 88 lakhs in FY22. The company, founded by Ankit and Stuti Kothari, offers natural, toxin-free skincare products. Despite this revenue growth, expenses also rose sharply, reaching Rs 14.7 crore, driven by material costs, advertising, and employee benefits. The company secured Rs 20 crore in its first funding round led by Unilever Ventures, with profits increasing to Rs 3.11 crore, a 9X rise. WishCare's EBITDA and ROCE stand at 23.29% and 122.55% respectively. #thekredible #WishCare #KolkataStartup #BeautyAndWellness #NaturalSkincare #StartupSuccess #SkincareBrand #Entrepreneurship #StartupJourney #SkincareIndustry #StartupJourney #Startup #Insights https://thekredible.com/blogs/wishcares-top-line-crossed-rs-19-cr-in-fy23-profits-rise