Phi Commerce Reports ₹81 Crore Revenue in FY24; Losses Triple
Phi Commerce's revenue grew to Rs 81.2 crore in FY24, yet losses surged 3X to Rs 28.9 crore amid expansion.
Phi Commerce's revenue grew to Rs 81.2 crore in FY24, yet losses surged 3X to Rs 28.9 crore amid expansion.
Phi Commerce's revenue grew to Rs 81.2 crore in FY24, but losses surged 3X due to expansion efforts.
Mumbai-based fintech Safexpay faced a tough FY24, with revenue dropping 67% after a gateway hack.
Falca recorded a 65X GMV increase, reaching Rs 368 crore in FY25 from Rs 5.6 crore in FY20.
Leap India secured $63M in funding, driven by 44% revenue growth, with profits surging 4X in FY24.
Perfora's revenue surged 30X to over Rs 42 crore in FY24, driven by electric toothbrush demand.
Progcap scaled over 5X in two years, reducing losses and targeting underserved micro and small businesses.
PaisaWapas' revenue grew 24% year-on-year to Rs 68.7 crore, with profits increasing by 17%.
SolarSquare's revenue reached Rs 175 crore in FY24, but losses surged 2.3X to Rs 69 crore amid rising costs.
Saveo's revenue surged to Rs 196 crore in FY24, marking impressive growth and reducing losses significantly.