Startup Atlas · Digital Banking

Niyo Soonicorn

Finnew Solutions Private Limited ● Bengaluru, Karnataka ● Founded 2015 ● goniyo.com ↗
Vinay Bagri · Co-founder & CEO Virender Bisht · Co-founder & CTO
$179.2 MnTotal funding (tracked)
5Funding rounds
19 Jul 2022Last round

Niyo: Financial Breakdown

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

INR 123.4 Cr operating revenueTotal revenue · +35.8% YoY
INR 214 CrTotal expenses
INR 77.8 Cr net lossNet loss · loss narrowed 44% YoY

Revenue by fiscal year

05101520$MRs 47 crore: $5.6M5.6FY2022Rs 131 crore (revenue from operations); Rs 138 crore total revenue incl. financial services income: $15.6M16FY2023INR 93.84 Cr operating revenue: $11.2M11FY2024INR 123.4 Cr operating revenue: $14.9M15FY2025

Net profit / loss by fiscal year

-25-20-15-10-50$MRs 206 crore net loss: $-24.5M-25FY2022Rs 177 crore net loss: $-21.1M-21FY2023INR 143.47 Cr net loss: $-17.1M-17FY2024INR 77.8 Cr net loss: $-9.4M-9.4FY2025

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2025 INR 123.4 Cr operating revenue INR 214 Cr — INR 77.8 Cr net loss source
FY2024 INR 93.84 Cr operating revenue INR 250.75 Cr — INR 143.47 Cr net loss source
FY2023 Rs 131 crore (revenue from operations); Rs 138 crore total revenue incl. financial services income Rs 315 crore — Rs 177 crore net loss source
FY2022 Rs 47 crore Rs 249 crore — Rs 206 crore net 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: techcrunch.com · Last verified 7 Sep 2026. · Report a correction