Startup Atlas · Banking as a Service
M2P Fintech Soonicorn
Madhusudanan R · Co-Founder & CEO
Muthukumar Ayyakkannu · Co-Founder
Prabhu Rangarajan · Co-Founder
$208.84 MnTotal funding (tracked)
6Funding rounds
24 Sep 2024Last round
M2P Fintech: Financial Breakdown
Figures below are FY2025, consolidated basis, compiled from filings and disclosures — every year cited to its source.
Rs 506 croreTotal revenue · +32.5% YoY
Rs 786 croreTotal expenses
Rs -223 croreEBITDA
Loss of Rs 256 croreNet loss · loss widened 91% 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 |
|---|---|---|---|---|---|
| FY2025 | Rs 506 crore | Rs 786 crore | Rs -223 crore | Loss of Rs 256 crore | source |
| FY2024 | Rs 382 crore | Rs 528 crore | — | Loss of Rs 134 crore | source |
| FY2023 | Rs 440.7 crore | Rs 623.3 crore | — | Loss of Rs 134.26 crore | source |
| FY2022 | Rs 194.74 crore | Rs 244.58 crore | — | Loss of Rs 40.08 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: m2pfintech.com · Last verified 15 Jul 2026. · Report a correction