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Coinswitch

CoinSwitch FY25 revenue up 219% to Rs 129 crore, loss widens

CoinSwitch FY25 revenue up 219% to Rs 129 crore, loss widens

06 Nov 2025, 12:18 PM

Its net loss expanded to Rs 333.1 crore in FY25 from Rs 160.3 crore in the previous fiscal.

CoinSwitch launches Rs 600-crore recovery programme for impacted WazirX users

CoinSwitch launches Rs 600-crore recovery programme for impacted WazirX users

09 Jan 2025, 11:31 PM

The programme offers affected users an opportunity to recoup losses -- where they can estimate recovery, deposit funds and earn rewards.

Coinswitch

Coinswitch's parent sees dip in revenue from operations to Rs 38 crore

11 Nov 2024, 07:33 PM

Coinswitch parent PeepalCo's losses came down by 65% to Rs 151.4 crore ($18.13 million) in FY24 against Rs 434.2 crore in the previous year.

'WazirX moved crypto worth $74mn after data breach': Coinswitch

23 Oct 2024, 06:12 PM

The alleged transfer included $72.13 million to Bybit and $1.5 million to KuCoin, Coinswitch co-founder Ashish Singhal posted on social media.

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Fintech Highlights

  1. Go Digit's Q1FY27 net premium up 7.4% to Rs 2,094 crore, profit falls 37.5%

  2. InCred Finance FY26 revenue from operations up 36% to Rs 2,546 crore

  3. NeuralKart bags seed funding led by Inflection Point Ventures

  4. Zaggle to invest in cross-border payments company Unobanc

  5. Turtlemint FY26 revenue up 57% to Rs 1,098 crore
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AI/Emerging Tech

  1. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  2. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%

  3. FireAI raises fresh funding from existing investor SucSEED

  4. Thinking Machines Lab launches its first AI model Inkling

  5. SwitchOn secures pre-Series B funding led by IvyCap Ventures
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IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
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Money & Machines

  1. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  2. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  3. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  4. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?
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PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

  3. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  4. Micro VCs: Fueling India's startup pipeline or distorting it?
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Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

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  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]