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…
SarvaGram’s FY25 Net Loss Jumps Multifold To INR 61 Cr
Sarvagram, a rural fintech startup, has reported a multi-fold increase in its net loss to ₹61 crore for FY25. The increase in losses is attributed to a significant increase in its operational costs, including employee benefits, finance costs, and other administrative expenses. Despite the widening losses, the company's revenue also grew, indicating that it is in a growth and expansion phase. This highlights the high cost of scaling in the rural fintech space.