Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Cashify trims losses by 80% to ₹11 cr in FY25
Update / Judgement Date
06 Oct 2025
Source
Author
Sakshi Bhardwaj — WCP Legal Desk
Reading Time
1 min read
Cashify, a leading recommerce start-up, reported a sharp reduction in losses, cutting them down by 80% to ₹11 crore in FY25. The improvement was driven by operational efficiency, higher device resale volumes, and strategic partnerships. This performance reflects how Indian start-ups are moving toward sustainable growth models beyond the “cash burn” phase. Cashify’s case highlights the growing formalization of MSME-aligned businesses in tech-enabled circular economy sectors. The company’s financial turnaround showcases investor confidence in recommerce and emphasizes the importance of profitability alongside growth. This trajectory also signals a maturing start-up ecosystem where unit economics and disciplined spending are prioritized.