Startup Atlas · Cryptocurrency
CoinSwitch Unicorn
Ashish Singhal · Co-founder and CEO
Govind Soni · Co-founder and CTO
Vimal Sagar Tiwari · Co-founder and COO
$300 MnTotal funding (tracked)
3Funding rounds
6 Oct 2021Last round
500Team size (sourced)
CoinSwitch: Financial Breakdown
Figures below are FY24, consolidated basis, compiled from filings and disclosures — every year cited to its source.
Rs 38 crore ($4.56 million)Total revenue · -14.2% YoY
Rs 318.6 crore ($38.15 million)Total expenses
EBITDA margin -59.10%EBITDA
Rs 151.4 crore ($18.13 million) lossNet loss · loss narrowed 59.5% YoY
Revenue by fiscal year
Net profit / loss by fiscal year
Bars below the line are a net loss for that year.
| Fiscal year | Revenue | Total expenses | EBITDA | Net profit / loss | Source |
|---|---|---|---|---|---|
| FY24 | Rs 38 crore ($4.56 million) | Rs 318.6 crore ($38.15 million) | EBITDA margin -59.10% | Rs 151.4 crore ($18.13 million) loss | source |
| FY23 | Rs 45.6 crore | Rs 481.9 crore | — | Rs 385.4 crore loss | source |
| FY22 | Rs 248.6 crore | Rs 763.4 crore | — | Rs 513.1 crore loss | source |
Nothing here is blurred or gated — every figure Atlas has is shown in full, free.
Sources & corrections.
Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: coinswitch.co · Last verified 16 Jul 2026. · Report a correction