Cashify Cuts Losses, Nears Rs 1,000 Cr Revenue

• Cashify's revenue grew by 14.4% in FY24, reaching Rs 935 crore, while losses reduced by 63% to Rs 53 crore.
• The sale of used electronics formed 91.5% of operating revenue, with partnerships with major OEMs and e-commerce platforms aiding growth.
• Cost control measures and strategic tie-ups are positioning Cashify for potential profitability by FY25.

Source: Entrackr