MAM
Beyours records exponential business growth; Targets 50 crore for the next fiscal
Mumbai: Beyours, a leading player in the direct-to-consumer fashion segment, has recently recorded a significant milestone in its growth journey. From bootstrap’s inception in May 2019, Beyours has rapidly scaled its operations, reflecting an unwavering commitment to quality and customer satisfaction.
Having witnessed a remarkable growth trajectory, the company reported a revenue leap from 6 crore last year to an impressive 14-15 crore this year and has set an ambitious target of 50 crore for the next fiscal year. This growth trajectory is backed by its robust sales strategy, with 90% of sales generated through the website and the remaining 10% through its partnership with Myntra.
Commenting on the company’s remarkable growth, co-founder Nilesh Karnani said, “This expansion and revenue growth reflects our commitment to excellence and sustainability in the fashion industry. We aim to keep setting higher benchmarks for ourselves, contributing to the development of a more stylish and conscious world.”
In tandem with the monumental financial growth, Beyours has also expanded its office space from 5,000 square feet to a sprawling 13,000 square feet. This expansion accommodates the company’s growing team, which has more than doubled in size, from 13-14 employees to 30 dedicated professionals.
Co-founder Ashish Baheti expressed his enthusiasm about the company’s achievements, stating, “Our journey from a small office space to a significant footprint in the fashion industry is a testament to our team’s hard work and our customers’ trust. We are thrilled to see our vision materialize, as we continue to innovate and elevate the shopping experience for our valued customers.”
A standout moment for the company was the Diwali sale, where Beyours generated revenue of 50 lakh in a single day, highlighting the brand’s strong market presence and consumer trust. The air joggers, Air cargo & classic shirts, have emerged as hit sellers, underscoring Beyours’ ability to understand and cater to the evolving needs of the fashion-forward consumer.
As Beyours continues on its upward trajectory, the company remains dedicated to delivering high-quality, fashion-forward products to its growing customer base. With a solid foundation and a clear vision for the future, Beyours is poised to redefine the fashion landscape.
MAM
Republic Media Network appoints Mohit Dhamne as group CEO
Founding member elevated as network reports 149 million monthly digital users
NEW DELHI: Republic Media Network has appointed Mohit Dhamne as its group chief executive officer, elevating a founding member who has been part of the organisation since its inception in 2016.
Dhamne’s rise within the network has been steady and multi-layered. He began as head of finance, later taking on responsibilities as company secretary and EVP (Finance), before being elevated to chief financial officer in December 2023. In his new role, he will now oversee the group’s overall strategic and operational direction.
The network described him as a key architect of its evolution into one of India’s leading broadcast and digital news platforms. He brings cross-functional expertise spanning finance, law and management, backed by qualifications as a chartered accountant, company secretary, and a postgraduate management degree from the Indian School of Business, Hyderabad.
Congratulating him, Arnab Goswami said Dhamne has been instrumental in shaping the organisation’s growth journey since inception. He added that the founding team’s shared experience and leadership framework will help the network pursue new opportunities and scale further.
The appointment comes at a time of strong momentum for the network. Over recent months, Republic has expanded its core business team by 30 per cent and strengthened its leadership structure with senior executives managing defined revenue portfolios across platforms.
On the digital front, Republic Digital has reported 149 million monthly users, according to Comscore data, reinforcing its position as one of India’s most widely consumed digital news offerings.
The growth has also been supported by expansion in its integrated brand solutions division, Republic Brand Studio, as the network continues to build a more diversified revenue ecosystem.
With this leadership transition, Republic Media Network is positioning itself for its next phase of expansion, combining broadcast strength with accelerating digital scale.
