Perfios profit jumps multifold in FY24

Quick Summary:

The B2B fintech SaaS company saw its FY24 profit surge to Rs 71.67 crore, a multifold increase from the previous year's Rs 7.79 crore, driven by robust revenue growth.

It will also invest in developing its tech stack to power end-to-end customer journeys in banking, insurance, and embedded finance.

The largest portion of revenue, accounting for 84% or Rs 472.18 crore, came from the sale of services.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Fy24 Crore Perfios Growth Profit Company Multifold Previous Revenue Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 06:59:09 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 247 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24314770

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