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Indifi

Indifi Technologies Private Limited Gurugram, Haryana Founded 2015 indifi.com ↗
Alok Mittal · Co-founder & CEO (now Executive Chairman) Siddharth Mahanot · Co-founder & Executive Director (stepped down Oct 2024) Sundeep Sahi · Co-founder & CTO
$112 MnTotal funding (tracked)
5Funding rounds
13 Jun 2023Last round
423Team size (sourced)

Indifi: Financial Breakdown

Figures below are FY2025, standalone basis, compiled from filings and disclosures — every year cited to its source.

Rs 360 crore operating revenue; Rs 378 crore total income (incl. Rs 18 crore non-operating income)Total revenue · +13.6% YoY
Rs 429 croreTotal expenses
Rs 107 croreEBITDA
Net loss of Rs 45 croreNet loss · swung to a loss (was a profit)

Revenue by fiscal year

Rs 96 crore (operating revenue): $11.4MFY2022Rs 198 crore operating revenue; Rs 213 crore total revenue (incl. Rs 15 crore other income): $23.6MFY2023Rs 317 crore operating revenue; Rs 341 crore total revenue (incl. Rs 24 crore interest/other income): $37.7MFY2024Rs 360 crore operating revenue; Rs 378 crore total income (incl. Rs 18 crore non-operating income): $42.9MFY2025

Net profit / loss by fiscal year

Loss of Rs 32.8 crore: $-3.9MFY2022Profit After Tax of Rs 5.16 crore: $0.6MFY2023Profit of Rs 2.7 crore: $0.3MFY2024Net loss of Rs 45 crore: $-5.4MFY2025

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 Rs 360 crore operating revenue; Rs 378 crore total income (incl. Rs 18 crore non-operating income) Rs 429 crore Rs 107 crore Net loss of Rs 45 crore source
FY2024 Rs 317 crore operating revenue; Rs 341 crore total revenue (incl. Rs 24 crore interest/other income) Rs 335 crore Profit of Rs 2.7 crore source
FY2023 Rs 198 crore operating revenue; Rs 213 crore total revenue (incl. Rs 15 crore other income) Rs 203 crore (up 47.1% YoY) Profit After Tax of Rs 5.16 crore source
FY2022 Rs 96 crore (operating revenue) Loss of Rs 32.8 crore 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: inc42.com · Last verified 15 Jul 2026. · Report a correction