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

  • Investment tech platform Fisdom saw its consolidated net loss decline by 19% to INR 57.4 Cr in FY24 from INR 70.5 Cr in the previous fiscal year.
  • The startup's operating revenue surged 28% to INR 82.9 Cr in FY24 from INR 64.7 Cr in FY23.
  • Total expenses rose only about 3% to INR 141.7 Cr in FY24 from INR 138 Cr in FY23.
  • Fisdom, which is reportedly in talks for an acquisition by Groww, claims to have 1 Mn active customers but faces competition in expanding its customer base.

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