Startup Atlas · Community Management

MyGate Soonicorn

● Bengaluru, Karnataka ● Founded 2016 ● mygate.com ↗
Vijay Arisetty · Co-founder & Chairman Abhishek Kumar · Co-founder & CEO Shreyans Daga · Co-founder & CPO Rohit Jindal · Co-founder & CBO
$107 MnTotal funding (tracked)
5Funding rounds
10 Jun 2026Last round

MyGate: Financial Breakdown

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

Rs 173.5 crore operating revenue (up 80% YoY from Rs 96.2 crore in FY24)Total revenue · +80.4% YoY
Rs 15.4 crore net loss (narrowed 61% YoY from Rs 39.7 crore in FY24)Net loss · loss narrowed 61.3% YoY

Revenue by fiscal year

0510152025$MRs 71.1 crore from operations: $8.8M8.8FY2023Rs 96.2 crore from operations (Rs 109.1 crore total revenue including other income): $11.6M12FY2024Rs 173.5 crore operating revenue (up 80% YoY from Rs 96.2 crore in FY24): $20.5M21FY2025

Net profit / loss by fiscal year

-30-20-100$MRs 226.4 crore loss: $-28.2M-28FY2023Rs 39.8 crore loss: $-4.8M-4.8FY2024Rs 15.4 crore net loss (narrowed 61% YoY from Rs 39.7 crore in FY24): $-1.8M-1.8FY2025

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 Rs 173.5 crore operating revenue (up 80% YoY from Rs 96.2 crore in FY24) — — Rs 15.4 crore net loss (narrowed 61% YoY from Rs 39.7 crore in FY24) source
FY2024 Rs 96.2 crore from operations (Rs 109.1 crore total revenue including other income) Rs 129.5 crore — Rs 39.8 crore loss source
FY2023 Rs 71.1 crore from operations Rs 148.5 crore — Rs 226.4 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: en.wikipedia.org inc42.com entrackr.com · Last verified 7 Sep 2026. · Report a correction