Startup Atlas · Banking as a Service

M2P Fintech Soonicorn

M2P Solutions Private Limited Chennai, Tamil Nadu Founded 2014 m2pfintech.com ↗
Madhusudanan R · Co-Founder & CEO Muthukumar Ayyakkannu · Co-Founder Prabhu Rangarajan · Co-Founder
$208.84 MnTotal funding (tracked)
6Funding rounds
24 Sep 2024Last round

M2P Fintech: Financial Breakdown

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

Rs 506 croreTotal revenue · +36.8% YoY
Rs 786 croreTotal expenses
Rs -223 croreEBITDA
Loss of Rs 256 croreNet loss · loss widened 97.3% YoY

Revenue by fiscal year

020406080$MRs 194.74 crore: $23.2M23FY2022Rs 440.7 crore: $52.5M53FY2023Rs 382 crore: $45.5M46FY2024Rs 506 crore: $60.9M61FY2025

Net profit / loss by fiscal year

-40-30-20-100$MLoss of Rs 40.08 crore: $-4.8M-4.8FY2022Loss of Rs 134.26 crore: $-16M-16FY2023Loss of Rs 134 crore: $-16M-16FY2024Loss of Rs 256 crore: $-30.8M-31FY2025

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 Rs 506 crore Rs 786 crore Rs -223 crore Loss of Rs 256 crore source
FY2024 Rs 382 crore Rs 528 crore Loss of Rs 134 crore source
FY2023 Rs 440.7 crore Rs 623.3 crore Loss of Rs 134.26 crore source
FY2022 Rs 194.74 crore Rs 244.58 crore Loss of Rs 40.08 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: m2pfintech.com · Last verified 7 Sep 2026. · Report a correction