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LogisticTech

Geneimode Trims FY25 Loss By 35% To INR 51 Cr


SUMMARY

Online B2B ecommerce platform Geniemode posted a net loss of INR 50.7 Cr in FY25, declining 35% from INR 77.6 Cr in the previous fiscal year

The startup’s top line grew 21% to INR 672.6 Cr in FY25 from INR 556.2 Cr in the previous year

Including an other income of INR 5.7 Cr, the startup’s total revenue grew 20% YoY to INR 678.4 Cr

Logistics’ minicorn Geniemode managed to curb its net loss for FY25 by 35% to INR 50.7 Cr from INR 77.6 Cr reported in the previous fiscal year. 

The net loss has declined on the…



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by INC42

SUMMARY Alongside disclosing its financial performance for Q2 FY26, logistics major Delhivery announced its plans to foray into the fintech segment today Its board has considered and approved the incorporation of a new wholly owned subsidiary (WOS) Delhivery Financial Services with an initial investment of INR 12 Cr The dedicated fintech vertical would enable Delhivery to provide access to credit, payment, FASTag aggregator, fuel cards and insurance solutions for its partners — truckers, fleet owners, riders, and MSMEs

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by INC42

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