Veefin solutions sees robust growth, strategic expansion in fiscal year 2024-2025

Veefin Solutions Limited, a leading fintech in supply chain finance and digital lending, announced impressive financial results for the fiscal year 2024-2025. The company’s consolidated revenue from operations surged to ₹8,044.37 Lakhs, a 222% increase year-on-year, with a consolidated profit after tax of ₹1,625.92 Lakhs, up 120%. Standalone revenue also grew by 82% to ₹3,780.55 Lakhs, achieving a PAT of ₹1,115.04 Lakhs.

A pivotal year for expansion, Veefin completed several strategic acquisitions, including 51.31% of Estorifi Solutions, 50.99% of Infini Systems, and 100% of Nityo Tech Private Limited. These moves bolstered its technology capabilities, product portfolio, and geographic presence. The company's annual recurring disbursement on its platform reached ~$35 billion, highlighting the scalability of its solutions.

The company plans to enhance its Employee Stock Option Plan 2023 by adding 1,000,000 equity shares, totaling 3,800,000 options, to attract and retain talent. Management aims to build the world's largest working capital technology ecosystem through AI-powered innovation and global reach.