Startup Atlas · D2C
The Souled Store
Vedang Patel · Co-founder & CEO
Aditya Sharma · Co-founder
Rohin Samtaney · Co-founder
Harsh Lal · Co-founder
$29.4 MnTotal funding (tracked)
4Funding rounds
1 Oct 2024Last round
The Souled Store: Financial Breakdown
Figures below are FY2025, standalone basis, compiled from filings and disclosures — every year cited to its source.
Rs 492 crore operating revenueTotal revenue · +36.6% YoY
Rs 487 croreTotal expenses
Rs 11 crore profit (down 37.6% from Rs 17.67 crore in FY24)Net profit · -39.6% YoY
Revenue by fiscal year
Net profit / loss by fiscal year
Bars below the line are a net loss for that year.
| Fiscal year | Revenue | Total expenses | EBITDA | Net profit / loss | Source |
|---|---|---|---|---|---|
| FY2025 | Rs 492 crore operating revenue | Rs 487 crore | — | Rs 11 crore profit (down 37.6% from Rs 17.67 crore in FY24) | source |
| FY2024 | INR 360.2 Cr operating revenue | INR 354.5 Cr | EBITDA profit of INR 18.6 Cr | net profit of INR 18.2 Cr | source |
| FY2023 | Rs 233.5 crore operating revenue | Rs 253 crore | EBITDA loss of INR 8 Cr | Rs 16.5 crore loss | source |
| FY2022 | Rs 145.1 crore | Rs 172.56 crore | — | Rs 26.72 crore loss | source |
| FY2021 | Rs 79.59 crore | — | — | Rs 51 lakh profit | 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.elevationcapital.com www.businesstoday.in · Last verified 24 Aug 2026. · Report a correction