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Yubi Group Cuts FY24 Net Loss By 22%, Revenue Jumps 47%
- Digital lending unicorn Yubi (formerly CredAvenue) reduced its net loss by 22% to INR 395.8 Cr in FY24.
- The company's revenue from operations increased by 47% to INR 483.7 Cr in FY24.
- Yubi Group's total expenses slightly rose to INR 938.8 Cr in FY24.
- Yubi entered the unicorn club in 2022 with a valuation of $1.3 Bn.
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