Monday, July 13, 2026 Home
Startup Atlas · E-commerce

Zepto Unicorn

Zepto Private Limited (formerly Kiranakart Technologies Private Limited) Bengaluru, Karnataka Founded 2021 zepto.com ↗
Aadit Palicha · Co-founder & CEO Kaivalya Vohra · Co-founder & CTO
$1.35 BnTotal funding (tracked)
6Funding rounds
16 Oct 2025Last round
48,011Team size (sourced)

Zepto: Financial Breakdown

Figures below are FY26, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Revenue from operations ₹22,624 Cr (doubled from ₹11,109.9-11,110 Cr in FY25); sale-of-products revenue grew 92% to ₹17,588 Cr (~78% of operating revenue)Total revenue · +134% YoY
₹29,027 Cr total expenditure (incl. procurement ₹18,199 Cr, delivery & handling ₹3,046.3 Cr, employee benefits ₹1,784.7 Cr, warehousing ₹2,150 Cr)Total expenses
Source reports an 'EBITDA margin of 23.18%' alongside 'negative ROCE of -74.8%' for FY26 — this figure looks inconsistent with the large reported net loss (possibly a contribution-margin or…EBITDA
Net loss of ₹5,905.19 Cr in FY26 (26% higher than the restated ₹4,699.71 Cr loss in FY25)Net loss · loss widened 75.4% YoY

Revenue by fiscal year

Revenue from operations ₹140.7 Cr (total revenue incl. other income ₹142.3 Cr) — first year of operations: $16.8MFY22Revenue from operations ₹2,024.3 Cr (14.3x jump from ₹140.7 Cr in FY22), per Entrackr. Inc42 separately reported total revenue of ₹2,078 Cr for the same period.: $241MFY23Revenue from operations ₹4,454 Cr (2.2x growth YoY); total income (incl. ₹44 Cr non-operating income) ₹4,498 Cr: $530.2MFY24Revenue from operations ₹11,109.9 Cr (comparative figure shown alongside FY26 in the UDRHP): $1322.6MFY25Total sales, including other income, of Rs 9,668.8 Cr in FY25 (129% YoY growth), per audited financials: $1151MFY25Revenue from operations ₹22,624 Cr (doubled from ₹11,109.9-11,110 Cr in FY25); sale-of-products revenue grew 92% to ₹17,588 Cr (~78% of operating revenue): $2693.3MFY26

Net profit / loss by fiscal year

Net loss of ₹390.3 Cr in FY22: $-46.5MFY22Net loss of ₹1,272.4 Cr in FY23 (up 226% from ₹390.3 Cr in FY22); PAT margin improved from -277% to -63%: $-151.5MFY23Net loss of ₹1,248.6 Cr in FY24 (down ~2% from ₹1,272 Cr in FY23): $-148.6MFY24Restated net loss of ₹4,699.71 Cr in FY25 (used as the prior-year comparative for FY26's 26% YoY loss increase): $-559.5MFY25Net loss of ₹3,367.3 Cr in FY25 (up 177% from ₹1,214.7-1,248.6 Cr in FY24): $-400.9MFY25Net loss of ₹5,905.19 Cr in FY26 (26% higher than the restated ₹4,699.71 Cr loss in FY25): $-703MFY26

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY26 Revenue from operations ₹22,624 Cr (doubled from ₹11,109.9-11,110 Cr in FY25); sale-of-products revenue grew 92% to ₹17,588 Cr (~78% of operating revenue) ₹29,027 Cr total expenditure (incl. procurement ₹18,199 Cr, delivery & handling ₹3,046.3 Cr, employee benefits ₹1,784.7 Cr, warehousing ₹2,150 Cr) Source reports an 'EBITDA margin of 23.18%' alongside 'negative ROCE of -74.8%' for FY26 — this figure looks inconsistent with the large reported net loss (possibly a contribution-margin or… Net loss of ₹5,905.19 Cr in FY26 (26% higher than the restated ₹4,699.71 Cr loss in FY25) source
FY25 Total sales, including other income, of Rs 9,668.8 Cr in FY25 (129% YoY growth), per audited financials Not disclosed with an absolute figure in these reports Net loss of ₹3,367.3 Cr in FY25 (up 177% from ₹1,214.7-1,248.6 Cr in FY24) source
FY25 Revenue from operations ₹11,109.9 Cr (comparative figure shown alongside FY26 in the UDRHP) Not separately itemized in the source article for the FY25 comparative column Not separately itemized in the source article for the FY25 comparative column Restated net loss of ₹4,699.71 Cr in FY25 (used as the prior-year comparative for FY26's 26% YoY loss increase) source
FY24 Revenue from operations ₹4,454 Cr (2.2x growth YoY); total income (incl. ₹44 Cr non-operating income) ₹4,498 Cr ₹5,747 Cr total expenditure EBITDA margin reported as -23.81% (no absolute EBITDA crore figure disclosed in this report) Net loss of ₹1,248.6 Cr in FY24 (down ~2% from ₹1,272 Cr in FY23) source
FY23 Revenue from operations ₹2,024.3 Cr (14.3x jump from ₹140.7 Cr in FY22), per Entrackr. Inc42 separately reported total revenue of ₹2,078 Cr for the same period. Not explicitly disclosed as a total-expenses line in either report Not disclosed as an absolute figure; company stated it was targeting EBITDA breakeven (ex-ESOP) within ~10 months of the filing Net loss of ₹1,272.4 Cr in FY23 (up 226% from ₹390.3 Cr in FY22); PAT margin improved from -277% to -63% source
FY22 Revenue from operations ₹140.7 Cr (total revenue incl. other income ₹142.3 Cr) — first year of operations ₹532.7 Cr total expenses (incl. ₹175.5 Cr ad/promo spend, ₹213.2 Cr stock-in-trade purchases, ₹74 Cr supply chain, ₹50.3 Cr employee benefits) EBITDA margin reported as -259.39% (no absolute EBITDA crore figure disclosed in this report) Net loss of ₹390.3 Cr in FY22 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: techcrunch.com · Last verified 13 Jul 2026. · Report a correction