CoinSwitch’s FY25 Loss More Than Doubles To $37.6 Mn

CoinSwitch’s Singapore-based parent entity Chain Labs Pvt Ltd’s net loss for the fiscal year ending March 2025 (FY25) widened 108% YoY to $37.6 Mn (INR 333.1 Cr) from $18.1 Mn (INR 160.3 Cr) in FY24

The startup’s revenue from operations surged 219% to $14.6 Mn (INR 129.5 Cr) during the year under review from $4.6 Mn (INR 40,8 Cr) in FY24

Total costs and expenses climbed 55% to $59.2 Mn (INR 524.9 Cr) during the year under review from $38.2 Mn (INR 338.3 Cr) in the previous…