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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

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