Bengaluru-based digital media startup YourStory recently filed its annual returns for the year ending March 2020. The company reported a topline of Rs 25 crore ($3.4 million). In a unicorn-obsessed startup world, where figures featuring tens and even hundreds of millions of dollars are passé, it might sound like a trivially small number.
But it is significant for two reasons.
Within the universe of digital media firms, $3.4 million is a very big number, especially so in India where new-age media firms have struggled to earn revenue.