Key Points
Unnati Agri, an agriculture supply chain and financial services startup, attained break-even status in October 2023, showcasing an impressive 2x growth compared to the previous fiscal year..
The company's financial performance in October 2023 is highlighted by its pivotal shift to becoming EBITDA positive, registering 1.1% EBITDA margins..
This product line expansion, now extended across multiple states, has witnessed an impressive 8-9x year-on-year growth, signifying its utility among farmers and trust in Unnati brand...
Furthermore, the total transactional value conducted on Unnati's platform is on a trajectory to surpass Rs 700 crores this year, marking a 70% growth from the previous fiscal year..
Amit Sinha, Co-Founder of Unnati Agri said Unnati Agri's achievement of reaching break-even status in October 2023, while maintaining an impressive 2x growth from the previous fiscal year, stands as a testament to our team execution..
