'Instamojo looking at operational profitability by end of CY22'

Beenext and Kalaari Capital-backed Instamojo's transition to becoming an e-commerce enabler from a payments platform is paying off. The startup's top brass believes it will attain operational profitability by end of this calendar year, a top official told VCCircle. Instamojo will turn Ebitda (earnings before interest, taxes, depreciation, and amortisation) profitable ......