Fintech Niyo Cuts Losses by 58% as FY26 Revenue Hits Rs 178 Crore

1 Oct 2026, 2:02 pm · 14h ago · 1 min read · Entrackr

Travel fintech platform Niyo reported a 78% year-on-year increase in revenue to Rs 178 crore for FY26, up from Rs 100 crore in FY25. The startup reduced its net loss by 58% to Rs 33 crore, driven by operating efficiencies and AI deployment across customer support, marketing, and operations. Operating expenses rose 20% to Rs 201 crore, largely due to expanding Kanji Forex under its AD-II licence. Niyo is diversifying beyond core travel cards into forex cash, remittances, flights, hotels, and international eSIMs while expanding GIFT City operations through its licensed subsidiary Finnew Global Solutions.