Bengaluru-based debt investment platform Wint Wealth reported its financial results for the fiscal year ended March 2025 (FY25), showing a significant improvement in its path to profitability.
While the company posted a net loss of ₹8.2 crore, this represents a 60% reduction in losses compared to the ₹18 crore loss reported in FY24.
FY25 Financial Performance: Scaling Up
The wealthtech startup saw its operational scale grow more than twofold, driven by its expansion into B2B lending and increased retail participation in the bond market.
| Metric | FY25 (Actuals) | FY24 (Previous) | YoY Change |
| Operating Revenue | ₹44.5 Crore | ₹17.2 Crore | +159% (2.6X) |
| Total Income | ₹46.8 Crore | ~₹19.5 Crore | +140% |
| Total Expenditure | ₹54.7 Crore | ₹41.5 Crore | +32% |
| Net Loss | ₹8.2 Crore | ₹18.0 Crore | -60% |
- Revenue Drivers: 69% of the revenue (₹30.8 crore) came from interest income generated by its NBFC arm, Wint Capital, which provides B2B loans. Fee-based income from facilitating bond transactions contributed another ₹9 crore.
- Cost Efficiency: On a unit level, Wint Wealth significantly improved its economics—it spent ₹1.23 to earn one rupee of operating revenue in FY25, compared to roughly ₹2.41 in the previous year.
Major Expense Breakdown
Despite the revenue jump, the firm’s overall spending rose by 32% to support its growing infrastructure:
- Employee Benefits: Remained the largest cost center at ₹27 crore (49% of total costs), which included a non-cash ESOP cost of ₹4.7 crore.
- Interest Paid: Surged 4.4X to ₹18.6 crore (34% of total costs) as the company borrowed more to fuel the lending activities of its NBFC.
- Other Overheads: Marketing, legal, and administrative expenses accounted for the remainder of the ₹54.7 crore total spend.
The “Series B” War Chest
Following these strong results, Wint Wealth recently announced a ₹250 crore ($28 million) Series B funding round in January 2026.
- Investors: The round was led by Vertex Ventures Southeast Asia & India, with participation from existing backers including Eight Roads Ventures, 3one4 Capital, and Zerodha’s Rainmatter.
- Utilization: The capital is being used to capitalize its NBFC (Wint Capital), which now manages an AUM of approximately ₹200 crore, and to expand its curated corporate bond offerings for retail investors.
Market Standing
As of March 2026, Wint Wealth claims to have facilitated over ₹8,000 crore in cumulative investments and serves a community of over 9 lakh platform users. The company is operating under SEBI’s Online Bond Portfolio Platform (OBPP) framework, which has brought much-needed regulatory clarity and trust to the retail debt segment.
