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Cred's FY24 revenue surges 66% to ₹2,473 crore
short by / on Monday, 30 September, 2024
Fintech unicorn Cred on Monday reported a 66% jump in revenue to ₹2,473 crore for 2023-24 from ₹1,484 crore in the previous financial year. Its operating losses fell to ₹609 crore from about ₹1,024 crore during this period. The Bengaluru-based company attributed the increase in revenue to deeper engagement with its customers and multiple avenues of revenue generation that it has built.
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