RapiPay nears Rs 440 Cr revenue in FY23, losses surge 2.3X

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Fintech startup RapiPay grew at a rapid clip with a 78% growth during FY22  but its growth rate decelerated in the following fiscal year. Nevertheless, the firm clocked nearly Rs 440 crore in revenues during FY23. RapiPay’s revenue from operations increased 18.3% to Rs 439 crore in FY23 from Rs 371 crore in FY22, according …

The post RapiPay nears Rs 440 Cr revenue in FY23, losses surge 2.3X appeared first on Entrackr.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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RapiPay nears Rs 440 Cr revenue in FY23, losses surge 2.3X

Fintech startup RapiPay grew at a rapid clip with a 78% growth during FY22  but its growth rate decelerated in the following fiscal year. Nevertheless, the firm clocked nearly Rs 440 crore in revenues during FY23. RapiPay’s revenue from operations increased 18.3% to Rs 439 crore in FY23 from Rs 371 crore in FY22, according …

The post RapiPay nears Rs 440 Cr revenue in FY23, losses surge 2.3X appeared first on Entrackr.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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