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FinTech

Fisdom’s FY24 Loss Declines 19% To INR 57 Cr


SUMMARY

The startup’s operating revenue surged 28% to INR 82.9 Cr during the year under review from INR 64.7 Cr in FY23

Fisdom is said to be in initial conversation with larger competitor Groww for an acquisition deal that will value it in the range of $140 Mn – $160 Mn

In June last year, Fisdom cofounder Subramanya SV claimed that the startup turned EBITDA profitable in the March quarter of FY24

Investment tech platform Fisdom, which is reportedly in talks for an acquisition by bigger rival Groww, saw its consolidated…



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