Fusion Finance narrows losses, expects to be profitable in H2

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Warburg Pincus-backed Fusion Finance anticipates profitability in the second half of the current fiscal year, marking a turnaround after six consecutive quarters of net losses. The company plans to call for the second tranche of ₹400 crore from investors and aims to increase monthly loan disbursals to ₹550-600 crore from January onwards.