Startup Atlas · Education Finance

Avanse Financial Services

Avanse Financial Services Limited ● Mumbai, Maharashtra ● Founded 2013 ● avanse.com ↗
$373.84 MnTotal funding (tracked)
6Funding rounds
26 Mar 2024Last round
606Team size (sourced)

Avanse Financial Services: Financial Breakdown

Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.

INR 1,728.8 Cr (total revenue)Total revenue · +79.8% YoY
INR 1,269.5 CrTotal expenses
INR 342.4 CrNet profit · +123.6% YoY

Revenue by fiscal year

050100150200250$MINR 990.2 Cr (total revenue): $117.9M118FY2023INR 1,728.8 Cr (total revenue): $205.8M206FY2024

Net profit / loss by fiscal year

01020304050$MINR 157.7 Cr: $18.8M19FY2023INR 342.4 Cr: $40.8M41FY2024

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 INR 1,728.8 Cr (total revenue) INR 1,269.5 Cr — INR 342.4 Cr source
FY2023 INR 990.2 Cr (total revenue) INR 778.9 Cr — INR 157.7 Cr 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: warburgpincus.com zerodha.com · Last verified 23 Oct 2026. · Report a correction