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Warburg Pincus-backed Whatfix slashes net loss by 20% to Rs 262.63 Cr in FY24

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Whatfix, a SaaS company known for its Digital Adoption Platform (DAP), has reduced its net loss by 20% in the fiscal year ending March 2024. The company's operating revenue increased by 49%, reaching Rs 424.58 crore, and its total income grew by 46.5% to Rs 445.36 crore. Whatfix recently secured $125 million in a Series E funding round led by Warburg Pincus and also announced a fourth liquidity program valued at $58 million. The company was last valued at $568 million in 2021.