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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
In just five years, the startup has managed to create a profitable streaming business in a category that truly captures the India digital video consumption opportunity: Titillation.
For years now, countless startup founders have toiled wearily to exploit the Indian market, making a song and dance about their painful undertaking. Ullu is the opposite.
Consider these numbers. Born in January 2019, Ullu Digital Ltd ended the 2022-23 fiscal with total revenue of Rs 93 crore and profit after tax of Rs 15 crore. A bulk of this revenue is subscription income from its video streaming app, Ullu. As of September 2023, Ullu had nearly 2.1 million paying subscribers (down from 2.7 million as of March 2023 though). Buoyed by this performance, the company has filed a draft …
