Tiger Global-Backed OkCredit Narrows FY25 Loss By 34% To INR 23 Cr

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SUMMARY

OkCredit’s net loss narrowed 34% year-on-year to INR 23.2 Cr in FY25 from INR 35.1 Cr in FY24

Operating revenue rose 63.6% YoY to INR 23.3 Cr, while total income grew 60.5% to INR 25.2 Cr

Total expenses fell 4.7% to INR 48.5 Cr in FY25 on the back of lower employee and marketing costs

Bengaluru-based fintech startup OkCredit cut its FY25 by 34% to INR 23.2 Cr from INR 35.1 Cr loss incurred in the previous fiscal year. The startup managed to reduce its net loss on the…



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Tiger Global-Backed OkCredit Narrows FY25 Loss By 34% To INR 23 Cr


SUMMARY

OkCredit’s net loss narrowed 34% year-on-year to INR 23.2 Cr in FY25 from INR 35.1 Cr in FY24

Operating revenue rose 63.6% YoY to INR 23.3 Cr, while total income grew 60.5% to INR 25.2 Cr

Total expenses fell 4.7% to INR 48.5 Cr in FY25 on the back of lower employee and marketing costs

Bengaluru-based fintech startup OkCredit cut its FY25 by 34% to INR 23.2 Cr from INR 35.1 Cr loss incurred in the previous fiscal year. The startup managed to reduce its net loss on the…



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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