In a strong financial performance for FY 24-25, US-based venture capital firm Foxhog reported a profit of INR 124.69 crores, signaling significant growth and strategic expansion across global markets. As part of its successful fiscal year, Foxhog has also announced a rewarding Employee Stock Option Plan (ESOP) and a generous bonus payout of 3 months’ salary to its employees.

Foxhog, which has rapidly grown its international footprint, expanded into three additional countries in 2024 and launched its lending division in Malta. Notably, Foxhog has entered the Indian market through its microfinance firm, FINKO, an app-based lending platform aimed at revolutionizing access to credit.

CEO’s Salary Increased Amid Strong Growth

In line with the company’s impressive performance, Foxhog’s CEO has seen a salary hike from INR 2.38 crores to INR 3.97 crores annually, reflecting the firm’s expanded portfolio, which includes over 60 companies globally. Foxhog’s growing influence across diverse sectors is a testament to its successful investment strategy and leadership.

Future Strategy and Plans

Looking ahead, Foxhog is planning a strategic exit from some of its prime investments this year. The firm is also focusing on scaling its lending sector, especially through FINKO, which is set to be a key growth driver. As part of its long-term strategy, Foxhog is working to re-submit its Initial Public Offering (IPO) draft to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) this year, marking an important milestone for the company’s future.

Foxhog’s continued investment in high-growth sectors, coupled with its focus on employee welfare, positions the firm for even greater success in the coming years.