India, Oct. 31 -- Bengaluru-based SaaS startup Whatfix's operating revenue breached the INR 400 Cr mark in the financial year ended March 31, 2024. The SoftBank-backed startup posted a 49% increase in its revenue from operations to INR 425 Cr in FY24 from INR 285 Cr in the previous fiscal year.

Founded in 2013 by Khadim Batti and Vara Kumar, the startup primarily earns revenue by selling subscriptions and professional services to enterprises, including solutions for onboarding new customers, effective training and better support to users through contextual content display at the time of need.

Including other income, the startup reported a total revenue of INR 445.3 Cr, up 1.5X from INR 303.9 Cr in FY23.

With the rise in revenue, Whatfi...