Startup Atlas · Fintech

Khatabook

ADJ Utility Apps Pvt Ltd Bengaluru, Karnataka Founded 2018 khatabook.com ↗
Ravish Naresh · Co-founder & CEO Jaideep Poonia · Co-founder Dhanesh Kumar · Co-founder Ashish Sonone · Co-founder
$186.5 MnTotal funding (tracked)
5Funding rounds
24 Aug 2021Last round
700Team size (sourced)

Khatabook: Financial Breakdown

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

Rs 102.70 crore (revenue from operations)Total revenue · +27% YoY
Rs 230.08 croreTotal expenses
Rs 116.24 crore net lossNet loss · loss narrowed 7.3% YoY

Revenue by fiscal year

03581013$MRs 24.4 crore (booked as revenue from parent entity, per Entrackr correction; original report headline stated "zero revenue"): $3.4M3.4FY2020INR 19.1 Cr total revenue (revenue from operations INR 16.9 Cr + other income INR 21 Cr, as separately stated in the same article): $2.6M2.6FY2021Rs 71 crore (revenue from operations): $9.5M9.5FY2022Rs 80.88 crore (revenue from operations): $10.1M10FY2023Rs 102.70 crore (revenue from operations): $12.4M12FY2024

Net profit / loss by fiscal year

-20-15-10-50$MRs 126 crore net loss: $-17.8M-18FY2020INR 32.5 Cr net loss (after a one-off INR 57 Cr IP sale to holding company Kyte Technologies Inc): $-4.4M-4.4FY2021Rs 111 crore net loss: $-14.9M-15FY2022Rs 125.43 crore net loss: $-15.6M-16FY2023Rs 116.24 crore net loss: $-14M-14FY2024

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 Rs 102.70 crore (revenue from operations) Rs 230.08 crore Rs 116.24 crore net loss source
FY2023 Rs 80.88 crore (revenue from operations) Rs 125.43 crore net loss source
FY2022 Rs 71 crore (revenue from operations) Rs 189 crore Rs 111 crore net loss source
FY2021 INR 19.1 Cr total revenue (revenue from operations INR 16.9 Cr + other income INR 21 Cr, as separately stated in the same article) INR 108.6 Cr INR 32.5 Cr net loss (after a one-off INR 57 Cr IP sale to holding company Kyte Technologies Inc) source
FY2020 Rs 24.4 crore (booked as revenue from parent entity, per Entrackr correction; original report headline stated "zero revenue") Rs 127.21 crore Rs 126 crore net 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: khatabook.com · Last verified 7 Sep 2026. · Report a correction