India, Oct. 22 -- IPO-bound fintech startup Innoviti managed to cut its FY25 losses by 12% to INR 62.1 Cr from INR 70.5 Cr loss incurred in the previous fiscal year. The improvement in the bottom line comes at the behest of a notable uptick in the startup's top line and an improvement in its margins.

In the fiscal, the digital payments solutions provider's operating revenue zoomed 35.1% to INR 142.6 Cr from INR 105.6 Cr in FY24. In this, Innoviti Genie, which is its sales acceleration software, accounted for 58% of the total operating revenue for the fiscal year, becoming the largest product offering of the brand.

Aside from Innoviti Genie, the company also owns two other products - revenue assurance software Innoviti Unipay and payment...