Financials

Wealth management startup Dezerv posts 95% jump in losses in FY24

Wealth management startup Dezerv posts 95% jump in losses in FY24

21 Nov 2024, 12:11 PM

The company reported Rs 1,009 crore in revenue for FY23. However, when it filed its FY24 financials, the FY23 numbers were reflected as Rs 10.22 crore only.

​​InsuranceDekho swings to profit with Rs 86 crore in FY24

​​InsuranceDekho swings to profit with Rs 86 crore in FY24

14 Nov 2024, 17:21 PM

InsuranceDekho's revenue from operations surged to Rs 743.6 crore for the fiscal year, ending March 2024 from Rs 96.5 crore reported in the previous fiscal.

Zaggle posts 64% jump in Q2 FY25 revenue; net profit up by 145%

Zaggle posts 64% jump in Q2 FY25 revenue; net profit up by 145%

13 Nov 2024, 20:43 PM

The net profit reached Rs 18.5 crore during the quarter compared to Rs 7.78 crore reported in Q2 FY24.

Fintech startup Jupiter sees 5x revenue jump in FY24

Fintech startup Jupiter sees 5x revenue jump in FY24

12 Nov 2024, 20:10 PM

The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

12 Nov 2024, 17:40 PM

The company's net profit after tax rose to Rs 47.47 crore, up 16.7% from Rs 40.69 crore earned in Q2 FY24.

Coinswitch

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

11 Nov 2024, 15:03 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.

Perfios FY24 net profit jumps 9x

Perfios FY24 net profit jumps 9x

11 Nov 2024, 12:32 PM

Perfios reported Rs 71.7 crore in profit after tax, up from Rs 7.79 crore in FY23.

Juspay cuts losses to Rs 97.54 crore in FY24

Juspay cuts losses to Rs 97.54 crore in FY24

11 Nov 2024, 11:36 AM

Juspay earned Rs 287 crore in revenues from payment platform integration fees as compared to Rs 196 crore in FY23.

Policybazaar parent PB Fintech sees QoQ decline in net profit

Policybazaar parent PB Fintech sees QoQ decline in net profit

07 Nov 2024, 19:48 PM

The company posted a net profit of Rs 51 crore in the September quarter compared to Rs 60 crore profit recorded in the June quarter.

Airtel Payments Bank Q2 profit soars 45% to Rs 11.2 crore

Airtel Payments Bank Q2 profit soars 45% to Rs 11.2 crore

07 Nov 2024, 16:17 PM

The Gurugram-based company's revenue also saw a significant jump of 58%, rising to Rs 674 crore from Rs 427 crore in Q2 FY24.

Yubi (CredAvenue) sees 48% jump in FY24 revenues; loss narrows

Yubi (CredAvenue) sees 48% jump in FY24 revenues; loss narrows

05 Nov 2024, 09:56 AM

The company's losses for the fiscal were Rs 395.8 crore from Rs 509.83 crore in FY23.

Cashfree reports Rs 135 crore in losses in FY24

Cashfree reports Rs 135 crore in losses in FY24

04 Nov 2024, 22:25 PM

The Bengaluru-based payments firm faced a year long ban on new merchant onboarding.

Razorpay reports 5x growth in net profit in FY24

Razorpay reports 5x growth in net profit in FY24

04 Nov 2024, 22:08 PM

The company posted profit after tax of Rs 34 crore in FY24 as compared to Rs 7 crore in FY23.

Amazon Pay reports flat revenue growth, cuts losses in FY24

Amazon Pay reports flat revenue growth, cuts losses in FY24

04 Nov 2024, 21:58 PM

The e-commerce giant’s fintech arm reported a slight jump in its revenue from operations to Rs 2,287 crore in FY24 from Rs 2,093 crore in FY23.

Go Digit posts 3x jump in Q2 net profit

Go Digit posts 3x jump in Q2 net profit

04 Nov 2024, 21:39 PM

The insurer's profit after tax jumped 221.4% to Rs 89 crore from Rs 28 crore in Q2 FY24.

Fintech Hightlights

  1. Groww’s valuation falls below $2 billion due to domicile shift back to India

  2. SoftBank-funded OfBusiness hires top bankers for IPO in 2025

  3. Innoviti ropes in Nish Kotecha to its advisory board

  4. BusinessNext introduces AI agent platform for BFSI sector

  5. SME-focussed fintech CredFlow raises $3.7 million led by existing investors
  6. Read more highlights...

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