<ul><li>Lending platform KreditBee reported a 26.5% rise in profit for FY24, reaching Rs 126.4 crore.</li><li>Expenses decreased by 19% to Rs 531.3 crore, mainly due to a decline in employee benefit expenses.</li><li>Total number of employees decreased by 68% YoY as of March 2024.</li><li>KreditBee is in the process of voluntary liquidation of its Singapore-based holding company, aiming to shift its domicile to India.</li></ul>

Online credit platform KreditBee reports 26.5% rise in profit for FY24

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