We anticipate revenues to exceed Rs 250 crore when the audited data for FY24 are revealed, a 65% rise from Rs 149 crore the previous year.
Rustagi continued, “We have also made great progress toward profitability, reducing losses to approximately Rs 80 crore in FY24, a 70% decrease.
By collaborating with the seller-side platform Growt, the Bruhat Bengaluru Hotels Association (BBHA), which declared its intention to join the Open Network for Digital Commerce (ONDC) platform in April of last year, has started testing this new delivery model.
Since there won’t be any specialized delivery executives, about ten hotels are now evaluating the system to find any possible problems. Instead, in order to guarantee seamless operations, GrowthFalcons will collaborate with delivery partners like Porter and Dunzo.
Source-Deccan Heerald