Tech

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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