India, Oct. 24 -- Logistics' minicorn Geniemode managed to curb its net loss for FY25 by 35% to INR 50.7 Cr from INR 77.6 Cr reported in the previous fiscal year.

The net loss has declined on the back of the growing top line of the Tiger Global-backed startup. Operating revenue rose 21% to INR 672.6 Cr for the period under review from INR 556.2 Cr in FY24.

In this, revenue from the sale of products grew 20% YoY to INR 657.4 in FY25. Meanwhile Geniemode's revenue from the sale of its services grew 127% YoY to INR 15.2 Cr in the period under review.

Including an other income of INR 5.7 Cr, the startup's total revenue grew 20% YoY to INR 678.4 Cr.

Founded in 2021 by Amit Sharma and Tanuj Gangwani, Geniemode operates a B2B cross-border lo...