Two-year-old edtech startup Infinity Learn crosses Rs 100 cr revenue

Infinity Learn, an edtech firm backed by education group Sri Chaitanya, said its revenue from operations reached over Rs 100 crore in FY23 compared to just Rs 2.3 crore in FY22. It has also become a PAT (Profit After Tax) positive company. The firm said it achieved these milestones within two years of operations as the firm was started in 2021.

The firm said this is even more impressive after considering the expense growth of just 2x during this period. The performance across both revenue and expense levels resulted in a PAT level breakeven and reached Rs 20 lakh for the year FY23, compared to a Rs 37 crore loss in the previous year.