Peak XV-Backed Scapia Spent Over INR 4 To Earn Every Rupee In FY25

Share via:


SUMMARY

Travel solutions-focussed fintech startup Scapia managed to trim its FY25 net loss by 6% to INR 83 Cr from INR 87.9 Cr loss incurred in the previous fiscal

The bottom line improvement came on the back of a robust uptick in its revenue for the fiscal. Operating revenue zoomed 71% to INR 28.7 Cr from INR 16.8 Cr in FY24

Scapia’s total expenditure rose 10% to INR 123.4 Cr in the year under review from INR 112.1 Cr in the year ago period

Travel solutions-focussed fintech…



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.

Popular

More Like this

Peak XV-Backed Scapia Spent Over INR 4 To Earn Every Rupee In FY25


SUMMARY

Travel solutions-focussed fintech startup Scapia managed to trim its FY25 net loss by 6% to INR 83 Cr from INR 87.9 Cr loss incurred in the previous fiscal

The bottom line improvement came on the back of a robust uptick in its revenue for the fiscal. Operating revenue zoomed 71% to INR 28.7 Cr from INR 16.8 Cr in FY24

Scapia’s total expenditure rose 10% to INR 123.4 Cr in the year under review from INR 112.1 Cr in the year ago period

Travel solutions-focussed fintech…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Temu-owner PDD Holdings appoints co-CEO Zhao as co-chairman of...

SynopsisPDD Holdings has appointed Jiazhen Zhao as co-chairman...

iPad $274, M5 MacBook, Apple Pencil, Magic Mouse, more...

Alongside the ongoing Amazon all-time low on AirPods...

TanStack Adds Framework-Agnostic AI Toolkit

The TanStack team has added yet another piece...

Popular