Fintech Startup Kiwi Spent INR 19 To Earn Every Rupee In FY25

Kiwi’s net loss for the fiscal year ended March 2025 (FY25) zoomed 158.8% to INR 64.2 Cr from INR 24.8 Cr in the previous fiscal year, as its expenses shot up and revenue remained stagnant

The startup’s operating revenue stood at INR 3.8 Cr during the year under review as against INR 3.6 Cr in FY24

Meanwhile, its expenses surged 145.2% to INR 73.8 Cr in FY25 from INR 30.1 Cr in the previous year 

Fintech startup Kiwi’s net loss for the fiscal year ended March 2025 (FY25) zoomed 158.8% to INR 64.2 Cr from INR…