Tech
Amazon Pay India FY25 revenue drops 9% to Rs 2,096 crore; losses down at Rs 865 crore
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Amazon Pay (India), the digital payments arm of ecommerce giant Amazon, has reported almost a 9% drop in its standalone revenue from operations to Rs 2,096 crore in fiscal year 2025. Its losses have narrowed slightly to Rs 865 crore from Rs 911 crore.
Total expenses of the Bengaluru-based firm fell to Rs 3,060 crore in FY25, compared to Rs 3,280 crore in the previous financial year. Its employee benefits declined marginally to Rs 213 crore in FY25 from Rs 216 crore.
ET reported that Amazon has infused Rs 350 crore into the company in April this year,…
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