Ola-backed rental platform Vogo Automotive has reported a 12-fold increase in its losses to ₹39.2 crore during the financial year ended March 2019. Its losses stood at ₹3.3 crore in the same period in 2018. The startup's operational revenue stood at ₹5.7 crore in FY19, up from ₹2 crore a year ago. It claims to return profits in FY22.