How Much Loss Did New Age Tech Companies Make Per Minute In FY24?

How Much Loss Did New Age Tech Companies Make Per Minute In FY24?

In FY24, food delivery giant and recently listed Swiggy reported a net loss of ₹2,350 crore.

PhonePe reported a loss of ₹1,996 crore, which was significantly lower than a loss of ₹2,795 cr in FY23.

Here is how much loss some new-age tech companies made per minute in FY24.

See Also: Amazon, Flipkart Could Be Taken To Top Court Over Alleged Antitrust Violations: Report

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