Tuesday, July 21, 2026 Home
Startup Atlas · Cryptocurrency Exchange

WazirX Acquired

Zanmai Labs Private Limited Mumbai, Maharashtra Founded 2018 wazirx.com ↗
Nischal Shetty · Co-founder & CEO Siddharth Menon · Co-founder & COO Sameer Mhatre · Co-founder
UndisclosedTotal funding (tracked)
0Funding rounds
Last round

WazirX: Financial Breakdown

Figures below are FY2022, standalone basis, compiled from filings and disclosures — every year cited to its source.

$108.4 million (Rs 823 crore)Total revenue · +634.5% YoY
$101.4 million (Rs 770.6 crore)Total expenses
EBITDA margin 6.46%EBITDA
$7 million (Rs 53.2 crore)Net profit · +538.9% YoY

Revenue by fiscal year

$14.8 million (Rs 112.5 crore): $13.4MFY2021$108.4 million (Rs 823 crore): $98MFY2022

Net profit / loss by fiscal year

$1.1 million (Rs 8.36 crore): $1MFY2021$7 million (Rs 53.2 crore): $6.3MFY2022

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2022 $108.4 million (Rs 823 crore) $101.4 million (Rs 770.6 crore) EBITDA margin 6.46% $7 million (Rs 53.2 crore) source
FY2021 $14.8 million (Rs 112.5 crore) $1.1 million (Rs 8.36 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: wazirx.com · Last verified 21 Jul 2026. · Report a correction