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OkCredit reports 72% YoY rise in annual revenue to Rs 14.3 Cr

  • OkCredit, backed by Tiger Global, reported a 72% YoY rise in annual revenue to Rs 14.3 crore.
  • The company's revenue growth was driven by advertisements, subscription income, and service fees.
  • OkCredit also narrowed its loss for the year to Rs 35.2 crore compared to a loss of Rs 47.7 crore in the previous year.
  • Total expenses declined by 11% to Rs 50.9 crore, while employee benefit expenses saw a marginal increase.

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