CosmicTaco
Jupiter Money Cuts Net Loss by 16% in FY24
- Jupiter Money, a neobank, reported a 16% reduction in net losses in FY24, down to Rs 276 crore.
- Revenue from operations grew by 404% to Rs 35.8 crore, with total income at Rs 80.5 crore.
- The company is in talks to acquire a stake in SBM Group's Indian subsidiary.
Source: The Arc
5mo ago
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Jupiter1mo
News next week be like -
Jupiter Money Cuts Net Loss by 80% in FY25
- Fired all Senior Product Managers
- Fired Marketing Head
- Fired Senior Engineering Directors
- The rest got peanuts as appraisals, so they left on their own
Source: The Jupiter Arc
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