Taxation

Clear (Cleartax) revenue jumps; losses decline in FY24

Clear (Cleartax) revenue jumps; losses decline in FY24

14 Dec 2024, 04:59 AM

The company cut down its total expenses by 9.8% to Rs 310 crore in FY24, against Rs 343.67 crore reported in the previous fiscal.

Fintech Highlights

  1. Clear axes around 25% of its workforce

  2. Razorpay ties up with Cred, Visa for new solution to improve conversion at checkout

  3. Antfin looks to fully exit Paytm via Rs 3,800 crore share sale

  4. IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

  5. IPO-bound SME lender Aye Finance posts Rs 1500 crore in revenue in FY25
  6. Read more news...

AI/Emerging Tech

  1. ChatGPT set to hit 700 million weekly active users

  2. Mistral in talks to raise $1 billion

  3. Apple creates new team to build ChatGPT-like app

  4. Google rolls out Deep Think for Gemini app

  5. SiMa.ai raises $85 million led by Maverick Capital
  6. Read more news...

Editor's Pick

  1. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained