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NestAway's Scale Shrinks 36% in FY22, Losses Reach Rs 95 Cr
source link: https://nextbigwhat.com/nestaways-scale-shrinks-36-in-fy22-losses-reach-rs-95-cr/
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NestAway’s Scale Shrinks 36% in FY22, Losses Reach Rs 95 Cr
- Tiger Global-backed home rental startup, NestAway, has seen a decrease in scale in the past two consecutive fiscal years.
- In FY21, the scale dropped by 16% due to the pandemic.
- In FY22, operating revenue decreased by a further 36%.
- Losses totaled Rs 95 Cr.
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