Neobanking Soonicorn Niyo Cuts FY25 Net Loss by 55% To INR 78 Cr

Niyo Global slashed its FY25 net loss by about 55% to INR 77.8 Cr from INR 143.5 Cr loss incurred in the previous fiscal year

The improvement in the bottom line is in line with a hefty uptick in the startup’s operating revenue in the fiscal year under consideration

Its top line zoomed 32% to INR 123.4 Cr in FY25 from INR 93.8 Cr in the previous fiscal

Neobanking startup NiYO Global slashed its FY25 net loss by about 55% to INR 77.8 Cr from INR 143.5 Cr loss incurred…