Startup Atlas · Fintech
Pine Labs ListedUnicorn
Lokvir Kapoor · Co-founder & Executive Chairman
Rajul Garg · Co-founder
$1.04 BnTotal funding (tracked)
10Funding rounds
7 Nov 2025Last round
Pine Labs: Financial Breakdown
Figures below are FY2025, consolidated basis, compiled from filings and disclosures — every year cited to its source.
₹2,274 CrTotal revenue · +28.5% YoY
₹-145 Cr (loss, narrowing)Net loss · loss narrowed 57.6% 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 | ₹2,274 Cr | — | — | ₹-145 Cr (loss, narrowing) | source |
| FY2024 | ₹1,770 Cr | — | — | ₹-342 Cr (loss) | source |
| FY2024 | Rs 1,384 crore (total revenue); Rs 1,317 crore (operating revenue) | Rs 1,624 crore | — | Rs 187 crore loss | source |
| FY2023 | ₹1,598 Cr | — | — | ₹-265 Cr (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.pymnts.com en.wikipedia.org · Last verified 15 Jul 2026. · Report a correction