YourStory reports impressive revenue for 2019-2020 with a positive EBIDTA

YourStory, a part of YourStory Media Private Limited, an Indian digital media company focusing on the startup ecosystem, small and medium business enterprises, and entrepreneurs, has reported a revenue of Rs. 27 crores for the year 2019-2020, with a growth of 41% YOY.
As per a recent tweet by Chandra R. Srikanth, Senior Editor, ET NOW, the company has also significantly cut burn, with a net loss of Rs. 16.5 lakhs, down by 96% YOY. 

With insights from Tofler, it is also reported that the total expenses stand at Rs. 27 crores, and its EBIDTA has increased by 156.50 % over the previous year.

YourStory Media Private Limited has three directors- Shradha Sharma, Angela Caterina De Giacomo, and Vani Kola.

YourStory was founded in the year 2008 by Shradha Sharma who also helms the company as its Chief Executive Officer and Chief Editor. 

The idea behind the organization was to become an exclusive source to discover disruptive startups from India. Since 2008, YourStory has told more than 100,000 stories pertaining to startups, small businesses, and entrepreneurship and has an exclusive and rich database for content on the Indian startup ecosystem.

Available in 12 Indic languages, it also runs other digital platforms such as SMBStory that focuses on India’s ever-growing micro, small and medium business; HerStory which focuses on stories pertaining to working women; and Social Story that focuses on social and sustainability tech; and a user-generated content platform called My Story. It also has diversified into other sectors with YourStory Education, YourStory Club, and YourStory Events.