Cred FY25: revenue up 16% to ₹2,735 cr, operating losses halve to ₹298 cr
Bengaluru-based fintech Cred narrowed operating losses 51% to ₹298 cr in FY25 as revenue grew 16% to ₹2,735 cr. Total losses eased 11.5% to ₹1,457 cr. Monthly active users rose 14.5% and transactions per user jumped 34% to 14.4. Company is planning a $75M down round.
What happened
Fintech Cred's FY25 revenue rose 16% to Rs 2,735 cr, operating losses halved to Rs 298 cr, and total losses narrowed 11.5% to Rs 1,457 cr. MAUs up 14.5%,
Key facts
- revenue Rs 2,735 cr
- +16% YoY
- operating loss Rs 298 cr (-51%)
- total loss Rs 1,457 cr (-11.5%)
- MAU +14.5%
- txns/user 14.4 (+34%)
- $75M down round planned
Why this matters
Cred's narrowing losses and rising engagement make it a more credible fintech consolidation target or partner, especially with a down round potentially compressing valuation expectations for strategic acquirers.