GenieMode reports Rs 51 Cr loss on Rs 673 Cr GMV in FY25

Info Edge-backed business-to-business e-commerce startup GenieMode continued to grow during the fiscal year ending March 2025. The firm crossed the Rs 650 crore gross merchandise value (GMV) milestone, while controlled expenses helped narrow its losses by 35% year-on-year in FY25.

The company’s gross revenue grew 21% to Rs 673 crore in FY25 from Rs 556 crore in FY24, its consolidated financial statement sourced from the Registrar of Companies (RoC) shows.

GenieMode is a business-to-business cross-border e-commerce marketplace for buyers in furniture,…