Three-year-old Zype’s revenue jumps 5X to Rs 101 Cr in FY25

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Digital lending startup Zype saw its operating revenue surge nearly fivefold, crossing the Rs 100 crore threshold in the fiscal year ending March 2025. At the same time, its expenses tripled, due to bad debt write-offs (likely NPAs) and increased provisioning for non-performing assets.

Zype’s revenue from operations ballooned nearly 5X to Rs 101.3 crore in FY25 from Rs 20.3 crore in FY24, its financial statements sourced from the Registrar of Companies (RoC) show.

zype finicial

Zype, which has been operating as a NBFC, provides unsecured personal loans to young…



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Three-year-old Zype’s revenue jumps 5X to Rs 101 Cr in FY25


Digital lending startup Zype saw its operating revenue surge nearly fivefold, crossing the Rs 100 crore threshold in the fiscal year ending March 2025. At the same time, its expenses tripled, due to bad debt write-offs (likely NPAs) and increased provisioning for non-performing assets.

Zype’s revenue from operations ballooned nearly 5X to Rs 101.3 crore in FY25 from Rs 20.3 crore in FY24, its financial statements sourced from the Registrar of Companies (RoC) show.

zype finicial

Zype, which has been operating as a NBFC, provides unsecured personal loans to young…



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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