India, Sept. 22 -- Snapdeal parent AceVector Limited's restated net loss declined nearly 64% to Rs.45.5 Cr in the fiscal year 2025-26 (FY26) from Rs.126.3 Cr in the year ago period.

The company managed to reign in its losses on the back of operating revenue jumping 29.2% to Rs.510.3 Cr in the fiscal under review as against Rs.3,95 Cr in FY25.

Including other income of Rs.27.3 Cr, AceVector's total income stood at Rs.537.7 Cr during the fiscal under review.

According to the company's red herring prospectus (RHP), adjusted EBITDA loss narrowed 59.3% to Rs.15.9 Cr in the fiscal year ended March 2026 compared to Rs.39.2 Cr in FY25.

Founded in 2010 by Kunal Bahl and Rohit Bansal, Snapdeal once competed head-to-head with Flipkart and Amazon...