Scripbox finally turns a profit after 12 years, sets sights on $200 million funding
After more than a decade in the game, Scripbox—a digital wealth management platform—has hit profitability for the first time.
For FY25, they pulled in ₹107.24 crore in revenue (up 27% from last year), achieving this milestone through a combination of steady revenue growth and disciplined cost control, especially a sharp reduction in employee stock expenses.
Where the money came from—and how they saved
Most of Scripbox's operating revenue (82%) came from mutual fund brokerage fees, with the rest split between portfolio management and advisory services.
They also got serious about saving: operating costs dropped 29%, thanks to a big dip in employee benefits as ESOP costs shrank from ₹25.72 crore to just ₹3.48 crore.
What's next? IPO dreams and fresh funding
With a net profit of ₹12.77 crore this year and improved margins, Scripbox is now valued at around ₹1,150 crore.
The company is reportedly chasing $15-20 million in new funding at a $200 million valuation and has its eye on an IPO within the next two years—so things could get interesting soon for this fintech player.