India, Oct. 23 -- Fintech unicorn Yubi (erstwhile known as CredAvenue) net loss for the fiscal year FY25 widened about 5% to INR 416.1 Cr from INR 395.8 Cr loss incurred in the previous fiscal year.

While the digital lending startup saw an increase in its losses in the fiscal year, it saw a hefty uptick in its top line. Yubi's operating revenue zoomed 36% to INR 660.1 Cr from INR 483.7 Cr in FY24. The growth was driven by an increase in adoption of its lending enablement and debt marketplace platforms.

Including other income of INR 53.2 Cr, Yubi's total income rose 27% YoY to INR 713.4 Cr in FY25 from INR 561.8 Cr in the previous year.

Founded in 2020 by Gaurav Kumar, Yubi acts as a digital marketplace for borrowing and lending money b...