Scripbox reports Rs 84.33 Cr revenue in FY24, employee costs cut by 38%

Scripbox, a digital wealth management platform, reported a revenue of INR 8433 crore in FY24, cutting employee costs by 38%. The company, which offers investment advice and portfolio management services, saw a strong year despite economic challenges. Its strategy of optimizing operational expenses, particularly through cost-cutting in employee compensation, contributed significantly to its profitability. Scripbox’s growth in FY24 is a result of its strong customer base and the increasing demand for digital wealth management services. With a focus on technology and innovation, Scripbox is positioning itself as a leader in India’s digital wealth management space, offering personalized investment solutions to millions of users.