Fisdom’s FY24 Loss Declines 19% To INR 57 Cr

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SUMMARY

The startup’s operating revenue surged 28% to INR 82.9 Cr during the year under review from INR 64.7 Cr in FY23

Fisdom is said to be in initial conversation with larger competitor Groww for an acquisition deal that will value it in the range of $140 Mn – $160 Mn

In June last year, Fisdom cofounder Subramanya SV claimed that the startup turned EBITDA profitable in the March quarter of FY24

Investment tech platform Fisdom, which is reportedly in talks for an acquisition by bigger rival Groww, saw its consolidated…



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Fisdom’s FY24 Loss Declines 19% To INR 57 Cr


SUMMARY

The startup’s operating revenue surged 28% to INR 82.9 Cr during the year under review from INR 64.7 Cr in FY23

Fisdom is said to be in initial conversation with larger competitor Groww for an acquisition deal that will value it in the range of $140 Mn – $160 Mn

In June last year, Fisdom cofounder Subramanya SV claimed that the startup turned EBITDA profitable in the March quarter of FY24

Investment tech platform Fisdom, which is reportedly in talks for an acquisition by bigger rival Groww, saw its consolidated…



Source link

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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