Niyo FY26 Revenue Surges 80% To ₹158 Cr As Losses Narrow 58%

2 Oct 2026, 12:14 am · 6h ago · 1 min read · Inc42

Travel fintech startup Niyo, operated by Finnew Solutions Pvt Ltd, reduced its consolidated net loss by 58.1% to ₹32.6 crore in FY26 from ₹77.9 crore in FY25. Revenue from operations jumped 80.1% year-on-year to ₹158 crore, driving total income to ₹178.5 crore. The company credited AI-driven operational efficiencies across customer service, marketing, and product development for cutting its EBITDA loss by 60% to ₹32 crore. Founded in 2015 by Vinay Bagri and Virender Bisht, Niyo provides zero-forex markup banking cards and overseas travel solutions, having raised nearly $180 million to date.