Ayush Patodia, Associate Vice President at Avalon Consulting, shared his views on Burn to Earn: boAt, Licious, Urban Company lead the D2C shift towards profitable growth in an article published in Moneycontrol.
He highlighted that while many firms saw profits dip due to rapid expansion, the market now rewards a balanced approach. As long as core businesses stay profitable and new verticals continue to scale, these companies will remain compelling for investors.
Read here- https://www.moneycontrol.com/news/business/companies
