NimbusPost Reports FY23 Revenue of Rs 116 Cr, Targets Rs 500 Cr by FY24

  • NimbusPost, a five-year-old SaaS-focused logistics firm, sees two-fold growth in FY23 with Rs 116 crore in operating income.
  • Aside from SaaS fees, the company profits from cost arbitrage and has over 100,000 users and partnerships with 27 logistics and courier companies.
  • Following a $3 million investment from XpressBess, NimbusPost plans to raise $20 million this year, buoyed by an average monthly revenue run rate of Rs 300 crore.
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