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Startup Atlas · Agritech

Ninjacart

63Ideas Infolabs Private Limited Bengaluru, Karnataka Founded 2015 ninjacart.com ↗
Thirukumaran Nagarajan · Co-founder & CEO Kartheeswaran Karandipalayam Kandasamy · Co-founder & COO Sharath Loganathan · Co-founder Ashutosh Vikram · Co-founder Vasudevan Chinnathambi · Co-founder Sachin Jose · Co-founder (departed Sept 2017)
$292.6 MnTotal funding (tracked)
10Funding rounds
2 Jul 2026Last round

Ninjacart: Financial Breakdown

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

₹1,634 crore (declined from ₹2,007 crore in FY24)Total revenue · -15.7% YoY
₹256 crore net lossNet loss · loss widened 1.8% YoY

Revenue by fiscal year

₹1,153.4 crore gross revenue: $137.3MFY2023₹2,002.7 crore gross revenue: $238.4MFY2024₹1,634 crore (declined from ₹2,007 crore in FY24): $194.5MFY2025

Net profit / loss by fiscal year

₹326.3 crore adjusted loss: $-38.8MFY2023₹259.6 crore adjusted loss (excludes tech and infrastructure costs): $-30.9MFY2024₹256 crore net loss: $-30.5MFY2025

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 ₹1,634 crore (declined from ₹2,007 crore in FY24) ₹256 crore net loss source
FY2024 ₹2,002.7 crore gross revenue ₹259.6 crore adjusted loss (excludes tech and infrastructure costs) source
FY2023 ₹1,153.4 crore gross revenue ₹326.3 crore adjusted 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: www.thecompanycheck.com · Last verified 17 Jul 2026. · Report a correction