Tiger Global-backed BharatPehas narrowed its losses by around 83% to Rs 941 crore in FY22-23 compared to Rs 5,615 crore a year ago.

The startup's revenue from operations surged over 125% to Rs 1,028 crore in FY23, up from Rs 456 crore in FY22.

Meanwhile, employee benefit expenses rose to Rs 304 crore in FY22-23, compared to Rs 184 crore in the previous year.

Notably, the fintech player has managed to decrease its total expenses substantially. In........

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