Startup Atlas · B2B E-commerce

ShopKirana Acquired

● Indore, Madhya Pradesh ● Founded 2015 ● shopkirana.com ↗
Tanutejas Saraswat · Co-Founder & CEO Sumit Ghorawat · Co-Founder Deepak Dhanotiya · Co-Founder
$50 MnTotal funding (tracked)
5Funding rounds
26 Jan 2022Last round

ShopKirana: Financial Breakdown

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

Rs 639.16 crore (gross revenue); Rs 643.37 crore total revenue incl. non-operating incomeTotal revenue
Rs 698.63 croreTotal expenses
EBITDA margin -7.85%EBITDA
Rs 55.25 crore lossNet loss

Revenue by fiscal year

020406080100$MRs 452 crore: $60.7M61FY2022Rs 682 crore: $84.8M85FY2023Rs 639.16 crore (gross revenue); Rs 643.37 crore total revenue incl. non-operating income: $77.2M77FY2024

Net profit / loss by fiscal year

-10-8-6-4-20$MRs 59 crore loss: $-7.9M-7.9FY2022Rs 79 crore loss: $-9.8M-9.8FY2023Rs 55.25 crore loss: $-6.7M-6.7FY2024

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

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 Rs 639.16 crore (gross revenue); Rs 643.37 crore total revenue incl. non-operating income Rs 698.63 crore EBITDA margin -7.85% Rs 55.25 crore loss source
FY2023 Rs 682 crore Rs 766 crore EBITDA margin -11% Rs 79 crore loss source
FY2022 Rs 452 crore Rs 513 crore EBITDA margin -12% Rs 59 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: entrackr.com www.shopkirana.com www.founderthesis.com · Last verified 23 Oct 2026. · Report a correction