<ul><li>Niyo Global, a fintech startup, reported a 28.6% drop in revenue to Rs 93.84 crore in FY24 compared to the previous fiscal year.</li><li>The company's total loss for FY24 decreased by 18.96% to Rs 143.47 crore, primarily due to lower expenses.</li><li>Total expenses in FY24 fell by 20.3% to Rs 250.75 crore, with reductions in employee expenses, other expenses, and advertising and promotional expenses.</li><li>However, printing and stationery costs increased by 33.33% to Rs 27.68 crore, and spending on servers and IT infrastructure rose by 108.6% to Rs 27.90 crore.</li></ul>

Niyo trims losses; revenue drops 28.6% in FY24

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