Voonik: Fashion marketplace Voonik turns profitable as expenses continued to narrow YoY; revenue up 109%

The company reported climbing out of red from Rs 17.63 crore in losses during FY19 to Rs 28.90 crore in net profit for FY20 - a 264 per cent jump. Sequoia, Beenext, Beenos Partners, RB Investments, and others had backed Voonik in the past.