EasyRewardz’s revenue spikes 30% in FY23, losses widen 14%

EasyRewardz, a B2B loyalty management platform based in Gurugram, saw a nearly 30% revenue increase, reaching Rs 45.65 crore in FY23. The company's operating revenue rose by 31% to Rs 44 crore, with significant contributions from LPaaS retainer revenue and campaigns. However, expenses also grew by 25% to Rs 65.25 crore, driven mainly by employee benefits and material costs. Despite a 14% increase in losses to Rs 19.6 crore, EBITDA impro...  more
EasyRewardz’s revenue spikes 30% in FY23, losses widen 14%
B2B loyalty management platform EasyRewardz recorded an almost 30% spike in its top scale to touch Rs 45.65 crore in FY23.