Startup Atlas · Fintech (payments/credit)

Ola Cabs Unicorn Investor

ANI Technologies Limited Bengaluru, Karnataka Founded 2010 olacabs.com ↗
Bhavish Aggarwal · Co-founder & CEO Ankit Bhati · Co-founder (stepped down from operational CTO role in 2020, retains stake)
$2.74 BnTotal funding (tracked)
11Funding rounds
22 Feb 2022Last round
1Tracked investments

Ola Cabs: Financial Breakdown

Figures below are FY25, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Total consolidated revenue Rs 1,170.9 crore (down 42% YoY); revenue from sale of services Rs 1,147.9 croreTotal revenue · -39.9% YoY
Consolidated net loss Rs 662.4 crore (up from Rs 328.7 crore in FY24)Net loss · loss widened 6740% YoY

Revenue by fiscal year

0100200300$MRevenue from operations Rs 983.2 crore (down 63% YoY): $117M117FY21Consolidated operating revenue Rs 1,970.4 crore: $234.6M235FY22Total sales/income Rs 2,799.3 crore; revenue from operations Rs 2,128.5 crore: $253.4M253FY23Revenue from operations Rs 2,011.9 crore; total income Rs 2,204 crore: $239.5M240FY24Rs 1,060 crore (down 44% YoY): $127.6M128FY25Total consolidated revenue Rs 1,170.9 crore (down 42% YoY); revenue from sale of services Rs 1,147.9 crore: $140.9M141FY25

Net profit / loss by fiscal year

-200-150-100-500$MNet loss of Rs 1,116.6 crore: $-132.9M-133FY21Net loss of Rs 1,522.33 crore (widened 36% YoY from Rs 1,116.6 crore): $-181.2M-181FY22Consolidated net loss Rs 772.2 crore (down 49.2% YoY): $-91.9M-92FY23Standalone net loss Rs 504.8 crore: $-60.1M-60FY24Net loss of Rs 10 crore (excluding non-cash impairment charges), per Entrackr: $-1.2M-1.2FY24Standalone net loss Rs 697.6 crore (up 38% from Rs 504.8 crore in FY24): $-84M-84FY25Consolidated net loss Rs 662.4 crore (up from Rs 328.7 crore in FY24): $-79.7M-80FY25

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY25 Total consolidated revenue Rs 1,170.9 crore (down 42% YoY); revenue from sale of services Rs 1,147.9 crore Consolidated net loss Rs 662.4 crore (up from Rs 328.7 crore in FY24) source
FY25 Rs 1,060 crore (down 44% YoY) Standalone net loss Rs 697.6 crore (up 38% from Rs 504.8 crore in FY24) source
FY24 Revenue from operations Rs 2,011.9 crore; total income Rs 2,204 crore Rs 2,106.7 crore Net loss of Rs 10 crore (excluding non-cash impairment charges), per Entrackr source
FY24 Not separately disclosed for FY24 standalone in sources reviewed Standalone net loss Rs 504.8 crore source
FY23 Total sales/income Rs 2,799.3 crore; revenue from operations Rs 2,128.5 crore Rs 2,516.7 crore (per Inc42's FY24-comparison figure) Consolidated net loss Rs 772.2 crore (down 49.2% YoY) source
FY22 Consolidated operating revenue Rs 1,970.4 crore Rs 3,362.1 crore Net loss of Rs 1,522.33 crore (widened 36% YoY from Rs 1,116.6 crore) source
FY21 Revenue from operations Rs 983.2 crore (down 63% YoY) Net loss of Rs 1,116.6 crore 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: tracxn.com · Last verified 9 Sep 2026. · Report a correction