Enkash FY25 revenue drops 77% to Rs 71 crore, net loss narrows
28 Oct 2025, 06:05 PMEnkash's net loss narrowed to Rs 17 crore in FY25 from Rs 37 crore in the previous fiscal.
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Enkash, a corporate cards and spend management platform, recorded a 77% drop in revenue from operations to Rs 71 crore in the fiscal ended March 31, 2025 from Rs 304 crore in the previous fiscal.
Enkash's net loss narrowed to Rs 17 crore in FY25 from Rs 37 crore in the previous fiscal, the Entrackr reported based on filings with the Registrar of Companies.
Total expenses of the Mayfield-backed startup fell to Rs 94 crore during the fiscal as compared to Rs 345 crore in FY24.
Employee cost declined to Rs 23.5 crore in FY25 from Rs 42 crore in the previous financial year.
The startup, founded by Yadvendra Tyagi, has raised $23.5 million in total funding till date, with Ascent Capital, Axilor Ventures and Mayfield as its major investors.
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