India – June 28, 2023: Last Journey, a Delhi-based startup launched in 2019, has emerged as India’s largest funeral services provider, transforming the funeral care segment with its innovative approach. Today, Last Journey proudly announces its remarkable success story, as well as its ambitious growth plan, which will solidify its position as the leading provider of end-to-end funeral services in the country.
The start-up has been growing at a CAGR of 30% and this growth is fuelled by technology along with a vast robust network of vendors. In the past financial years, i.e. FY 2021-2022 and FY 2022-2023, they have served 6-7 thousand cases in Bangalore; 7-8 thousand in Delhi; 3-4 thousand in Mumbai; and 3-4 thousand in Hyderabad. Other cities such as Chennai, Indore, Dehradun, Pune, Rishikesh, Ahmedabad, and Lucknow have accounted for over 7-8 thousand cases. The current ARR (Annual Revenue Run-rate) stands over INR 20 cr.
The company has major expansion plans moving forward in terms of increasing its geographical footprint. By 2025 the company aims to establish quick-response service centers pan-India while simultaneously expanding their international presence in 120+ countries. As of now the company is completely bootstrapped and profitable.
Sharing insights on the company’s growth plan, Mr. Rishabh Jalan, CEO & Co-Founder of Last Journey said, “It has been an exceptional journey for the company and our team, the positive response from stakeholders and this has inspired us to expand our presence nationwide, leading us to chart our path for the future.”
Furthermore, he added, “As a bootstrapped company, we have thrived for three years, and now we are prepared for collaborative growth. Currently, we are in discussions with multiple venture capitalists for our series-A funding, which will be utilized for establishing new centers, recruitment, and global expansion.”
Last Journey recognizes and addresses the diverse needs of the community through its wide range of services, including international repatriation, embalming, pet burials, funeral prayer meeting arrangements, and counseling services among others. The startup actively promotes eco-friendly funeral services, fostering a sustainable approach that benefits both the environment and the community. Looking ahead, Last Journey is poised for nationwide expansion, and to broaden the scope of their services.
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