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Fintech unicorn Yubi (formerly CredAvenue) reported a net loss of ₹416.1 crore in the financial year ending March 2025 (FY25), widening slightly from a ₹395.8 crore loss in
Fintech unicorn Yubi (formerly CredAvenue) reported a net loss of ₹416.1 crore in the financial year ending March 2025 (FY25), widening slightly from a ₹395.8 crore loss in FY24.
Despite the modest increase in losses, the Chennai-based digital lending platform saw robust revenue growth, driven by the increasing adoption of its lending enablement and debt marketplace products.
Yubi’s operating revenue jumped 36% year-on-year (YoY) to ₹660.1 crore in FY25, up from ₹483.7 crore in FY24.
When including other income of ₹53.2 crore, the company’s total income rose 27% YoY to ₹713.4 crore, compared to ₹561.8 crore in FY24.
The growth was primarily powered by:
In FY25, Yubi facilitated loan disbursements worth ₹22,600 crore through its platform — a key indicator of its expanding operational scale.
According to its Partnership Lending Report FY25, the company also executed:
Notably, 79% of all loans processed were directed towards Tier 2 and Tier 3 cities, underscoring Yubi’s focus on expanding financial access beyond metros.
| Metric (INR Crore) | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Operating Revenue | 660.1 | 483.7 | 🔼 36% |
| Other Income | 53.2 | 78.1 | 🔽 32% |
| Total Income | 713.4 | 561.8 | 🔼 27% |
| Net Loss | 416.1 | 395.8 | 🔼 5% |
| Total Expenses | 1,116.3 | 938.8 | 🔼 19% |
Yubi’s total expenses rose 18.9% YoY to ₹1,116.3 crore in FY25, up from ₹938.8 crore a year earlier. The rise in costs was largely attributed to employee hiring, tech infrastructure, and platform expansion.
Yubi operates through three key subsidiaries under its group structure:
Together, these platforms form Yubi’s integrated fintech ecosystem, spanning debt origination, management, and investment.
During FY25, founder and CEO Gaurav Kumar personally invested ₹250 crore (approximately $30 million) into Yubi to fund international expansion and potential strategic acquisitions.
The company has been eyeing new markets in the MENA region (Middle East and North Africa) as part of its global growth strategy.
Yubi had also planned to raise an additional $150–200 million in early 2025, but no updates or filings confirm whether the round materialized.
Since its inception in 2020, Yubi has raised approximately $227 million from marquee global investors including:
Yubi entered the unicorn club in March 2022 after securing $137 million in its Series B round, which valued the company at $1.3 billion.
Yubi positions itself as a B2B fintech enabler that connects lenders, corporates, and investors on a single digital debt marketplace.
Its technology facilitates:
The company claims to have processed tens of thousands of transactions worth billions, helping both large and small financial institutions streamline their credit and investment workflows.
While losses widened marginally, Yubi’s improved revenue-to-loss ratio signals better operational leverage.
The fintech continues to invest heavily in product innovation, AI integration, and global expansion, suggesting profitability may remain secondary to growth in the short term.
However, the company’s lean capital efficiency, early profitability of subsidiaries, and strong transaction-led income growth show signs of a path to sustainable scale.
Yubi’s FY25 performance highlights the dual challenge of scaling a fintech marketplace — balancing top-line expansion with disciplined spending.
Despite a modest rise in losses, the 36% revenue growth and expanding transaction volume underscore Yubi’s market resilience amid a volatile funding environment.
With continued investor backing, founder-led capital infusion, and a growing international footprint, Yubi is positioning itself as a key player in the global digital debt infrastructure space.
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