Startup Atlas · Fintech

Mswipe

Mswipe Technologies Private Limited ● Mumbai, Maharashtra ● Founded 2011 ● mswipe.com ↗
Manish Patel · Founder & Managing Director Ketan Patel · Co-Founder & CEO
$116 MnTotal funding (tracked)
7Funding rounds
28 Feb 2024Last round
2,400Team size (sourced)

Mswipe: Financial Breakdown

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

Rs 276.9 croreTotal revenue · +4.1% YoY
Rs 327.3 croreTotal expenses
Rs 46.2 crore lossNet loss · loss narrowed 2.9% YoY

Revenue by fiscal year

010203040$MRs 241 crore: $28.7M29FY2022Rs 274 crore: $32.6M33FY2023Rs 276.9 crore: $33M33FY2024

Net profit / loss by fiscal year

-13-10-8-5-30$MRs 90 crore loss: $-10.7M-11FY2022Rs 49 crore loss: $-5.8M-5.8FY2023Rs 46.2 crore loss: $-5.5M-5.5FY2024

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 Rs 276.9 crore Rs 327.3 crore — Rs 46.2 crore loss source
FY2023 Rs 274 crore Rs 328 crore — Rs 49 crore loss source
FY2022 Rs 241 crore Rs 338 crore — Rs 90 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: www.mswipe.com · Last verified 7 Sep 2026. · Report a correction