case study

Startup Revives After Debt Crisis, Posts Profit in 2025

Summary

Tech startup NexGen Solutions announced a successful turnaround after facing a severe debt crisis in 2024. The company reported a net profit of ₹15 crore in 2025, reversing losses

Tech startup NexGen Solutions announced a successful turnaround after facing a severe debt crisis in 2024. The company reported a net profit of ₹15 crore in 2025, reversing losses from the previous year. NexGen restructured its operations, cut costs by 30%, and secured new investments from venture capital firms. According to Bloomberg, this turnaround was driven by a pivot to cloud-based services and improved client retention. NexGen’s CEO highlighted the importance of strategic agility in overcoming financial challenges.
Feb 15
Startup Revives After Debt Crisis, Posts Profit in 2025

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