Following a flat growth in FY23, Smallcase has reported 2.2X growth during FY24. Fintrackr analyise, that the firm controlled its losses by 74% in the last fiscal.
Binny Bansal, co-founder of Flipkart, has resigned from PhonePe’s Board of Directors. Bansal has been a board member since Flipkart acquired PhonePe in 2016.
According to Fintrackr, Healthians recorded a modest 8% growth during FY24. However, the company reduced its losses by 65% and achieved EBITDA breakeven in same period.