Tajurba posted a 2X rise in revenue in FY24 climbing to Rs 4.13 crore from Rs 2.02 crore in FY23.
Founded in 2017 by Suresh Mansharamani and Uma Mansharamani, Tajurba is a business learning platform that connects entrepreneurs and businesses, offering networking opportunities and mentorship.
The Gurugram-based platform has raised a total of Rs 82.90 lakh in funding over 1 round, raised in nov 2022 from an angel round led by Sanjeev Das, and Rajesh Kutnikar. The company currently stands at a valuation of over Rs 25 crore.
Competing with Wiserfeed Consulting and Solutionbuggy, Suresh Mansharamani holds the majority of Tajurba shares at over 50%. While Uma Mansharamani also holds significant share in the company.
In line with revenue growth, the expenses also grew to Rs 3.98 crore in FY24 from over Rs 1 crore in FY23. Advertisements accounted for more than 50% of the total expenses. Followed by employee benefits, and legal and professional charges.
Tajurba also recorded a 2X increase in profit in FY24 with Rs 11.97 lakh from over Rs 5 lakh in FY23.
The company’s current EBITDA margin and ROCE climbed to 6.41% and 11.70% respectively.