Startup Atlas · B2B Ecommerce

ElasticRun Unicorn

NTex Transportation Services Private Limited ● Pune, Maharashtra ● Founded 2016 ● elastic.run ↗
Sandeep Deshmukh · Co-founder & CEO Saurabh Nigam · Co-founder & COO Shitiz Bansal · Co-founder & CTO
$460.5 MnTotal funding (tracked)
5Funding rounds
17 Feb 2022Last round

ElasticRun: Financial Breakdown

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

INR 2,653 CrTotal revenue · +9% YoY
INR 2,910.9 CrTotal expenses
INR 145.1 CrNet loss · loss narrowed 59.6% YoY

Revenue by fiscal year

0200400600$MINR 3,812.65 Cr: $511.8M512FY2022INR 4,754.86 Cr: $591.4M591FY2023INR 2,435 Cr: $294.1M294FY2024INR 2,653 Cr: $313.7M314FY2025

Net profit / loss by fiscal year

-80-60-40-200$MNet loss of INR 358.59 Cr: $-48.1M-48FY2022Net loss of INR 618.82 Cr: $-77M-77FY2023INR 359.6 Cr: $-43.4M-43FY2024INR 145.1 Cr: $-17.2M-17FY2025

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 INR 2,653 Cr INR 2,910.9 Cr — INR 145.1 Cr source
FY2024 INR 2,435 Cr INR 2,904.40 Cr — INR 359.6 Cr source
FY2023 INR 4,754.86 Cr INR 5,469.91 Cr — Net loss of INR 618.82 Cr source
FY2022 INR 3,812.65 Cr INR 4,186.66 Cr — Net loss of INR 358.59 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: elastic.run · Last verified 7 Sep 2026. · Report a correction