India, Aug. 12 -- Coupons and cashback platform CashKaro's operating revenue jumped 15.9% to INR 350 Cr in the financial year 2024-25 (FY25) from INR 302 Cr in the previous fiscal year.
Speaking with Inc42, cofounder Swati Bhargava attributed the jump in revenue to the healthy traction seen by its finance category, a growing network of 1,500 partner brands and over 36 Mn transactions during the fiscal.
The top line, however, fell short of the company's internal target of INR 400 Cr for the year.
Meanwhile, the company claimed to have reported an EBITDA loss of INR 21.6 Cr during the year under review against an "under INR 20 Cr" net loss in FY24. Bhargava attributed the improvement to strong operational efficiency, without elaborating ...
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