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Medikabazaar Soonicorn

● Mumbai, Maharashtra ● Founded 2015 ● medikabazaar.com ↗
Vivek Tiwari · Co-founder & CEO Ketan Malkan · Co-founder
$160.8 MnTotal funding (tracked)
4Funding rounds
12 Apr 2022Last round

Medikabazaar: Financial Breakdown

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

₹1,355.6 Cr operating revenueTotal revenue · +49.2% YoY
₹1,621 CrTotal expenses
Loss of ₹394.5 CrNet loss · loss widened 30% YoY

Revenue by fiscal year

050100150200$M₹908.5 Cr operating revenue: $113M113FY2023₹1,355.6 Cr operating revenue: $163.7M164FY2024

Net profit / loss by fiscal year

-50-40-30-20-100$MLoss of ₹303.4 Cr: $-37.7M-38FY2023Loss of ₹394.5 Cr: $-47.6M-48FY2024

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 ₹1,355.6 Cr operating revenue ₹1,621 Cr — Loss of ₹394.5 Cr source
FY2023 ₹908.5 Cr operating revenue ₹1,126.5 Cr — Loss of ₹303.4 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: inc42.com inc42.com · Last verified 23 Oct 2026. · Report a correction