Cashfree bets on SMEs and cross-border to chase ₹1,000 Cr FY26 revenue

CEO Akash Sinha is steering Cashfree toward a ₹1,000 Cr FY26 topline, doubling SME merchants and cross-border revenue while serving Zepto, BigBasket and OpenAI. But FY25 losses widened to ~₹150 Cr as Razorpay's ₹3,783 Cr scale and agentic AI investments squeeze margins across India's 55+ PA licence holders.

Cashfree eyes ₹1,000 Cr FY26 revenue by doubling SMEs and cross-border, but FY25 losses widened to ~₹150 Cr as Razorpay scales.

Inc42 · 5/23/2026, 8:03:05 AM · Ask about this →

Cashfree Payments + BharatPe + BigBasket + Billdesk + PhonePe + Pine Labs + Razorpay +