Homedecor startup Livspace revenue rises 85% in FY23, Ebitda loss narrows

Omnichannel home interiors and renovation platform Livspace said its revenue for FY23 jumped 85% to Rs 1,147 crore, even as its losses narrowed.

The company said it has cut down its Ebitda (earnings before interest, tax, depreciation and amortisation) loss in India to half. The Singapore-headquartered company, which is valued at $1.2 billion, reported Ebitda before Esops of Rs 581 crore.