Borzo eyes group-level profitability by FY26: CEO

Logistics platform Borzo is eyeing consolidated profit across five key global markets by March 2026, nearly two years after turning bottom-line positive in its largest market, India.

- AJINKYA KAWALE

The Mumbai-based company, which provides on-demand delivery services to small and medium businesses (SMBs), turned profitable in India in 2024.

'The next step is to bring the whole company to a profitable level by March 2026... In our situation, where we aren't deeply pocketed, we have to be creative in our solutions and not subsidise our riders or clients. We will never go into a (price) war with our peers," Alina Kisina, chief executive officer (CEO), Borzo, told Business Standard.

Borzo's target of consolidated profitability during the current financial year comes on the back of turning profitable in its largest market, India.