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FY25 Financial Tracker: Tracking The Financial Performance Of Indian Startups

  • The Indian startup ecosystem has witnessed significant changes due to the funding dynamics, leading to a shift towards profitability and operational efficiency.
  • The number of Indian startups posting profits increased from 36 in FY23 to 45 in FY24, with further improvements expected in FY25.
  • The FY25 Financial Tracker by Inc42 covers 20 new-age tech companies, showcasing an increase in operating revenue to INR 85,830 Cr.
  • Key highlights include Ather Energy reducing its loss, Awfis turning profitable, and CarTrade reporting a significant profit jump.
  • Delhivery achieved its maiden profitable year, while Nykaa and Zupee witnessed substantial profit growth.
  • Ola Electric's loss increased, Paytm's revenue declined, and Swiggy's losses crossed INR 3,000 Cr.
  • Companies like ixigo, Mamaearth, and MapmyIndia also reported financial details, indicating varied performance across startups.
  • Overall, the financial landscape of Indian startups in FY25 reflects a mix of profitability, revenue growth, and operational challenges.

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