Tofler Tracks Crown-it’s FY 2014-15 Performance

The numbers are out for Crown-it, a unique app that offers cash back to its users and provides customer loyalty and customer engagement software solution to retail and non-retail business. Delhiites know it better for the cash back it provides on restaurant bills that can be redeemed for recharge, shopping, movie tickets and more!

crown it financial performance 14-15

Launched in 2014, Crown-it currently operates out of Delhi-NCR. It was founded by Sameer Grover (Company name: GoldVIP Technology Solutions Private Limited). Tofler is the first to report its revenue and financial performance for Financial Year 2014-15.

Financial Performance of Crown-it

The total revenue for the company for the FY 2014-15 is INR 2.73 lacs. This was the first year of revenue as the company had minimal operations in FY 2013-14.  Due to the cash-burn and aggressive growth strategy, the company incurred a loss of INR 2.05 crores.

The company has already attracted investments from Accel Partners and Helion Venture Partners and plans to expand to 4 cities by this year end and 25 cities by 2018. We do hope it keeps crowning more and more customers as it continues to grow.

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Author Vishal, a recent addition to Team Tofler, combines his passion of writing with searching for a worthy story in a Company, to make an interesting read.

Editor –  Anchal, founder at Tofler, is a CA, CS and has more than 5 years experience in company analysis. She likes to explore and track companies, their performance and senior management.



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