Startup Atlas · Hyperlocal Commerce

Magicpin

Samast Technologies Private Limited ● Gurugram, Haryana ● Founded 2015 ● magicpin.in ↗
Anshoo Sharma · Co-founder & CEO Brij Bhushan · Co-founder & COO
$99.43 MnTotal funding (tracked)
8Funding rounds
9 Apr 2026Last round

Magicpin: Financial Breakdown

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

Rs 870 croreTotal revenue · +192.9% YoY
Rs 961 croreTotal expenses
Rs 78 crore lossNet loss · loss narrowed 31.6% YoY

Revenue by fiscal year

0255075100125$MRs 297 crore: $36.9M37FY2023Rs 870 crore: $105.1M105FY2024

Net profit / loss by fiscal year

-15-10-50$MRs 114 crore loss: $-14.2M-14FY2023Rs 78 crore loss: $-9.4M-9.4FY2024

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 Rs 870 crore Rs 961 crore — Rs 78 crore loss source
FY2023 Rs 297 crore Rs 429 crore — Rs 114 crore 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: lsvp.com · Last verified 17 Oct 2026. · Report a correction