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CRED’s FY22 : Loss stands at 1,279.6 cr; Revenue: Rs 393.6 crore

  • Fintech startup CRED saw a large increase in revenue in the fiscal year ending in March 2022
  • Operating revenue rose 4.4X to Rs 393.6 crore in FY22.
  • Marketing expense stands at Rs 975.8 crore.
  • CRED’s losses increased two folds to Rs 1,279.6 crore
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