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  1. Upwards

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Upwards

Upwards - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Upwards Fintech Services Private Limited
Private
Upwards Fintech Services Private Limited
2017
2017

Founded in 2017, Upwards operates in the fintech sector, specializing in providing instant personal loans to salaried professionals in India. Initially focusing on offering small-ticket loans to young...

Funding stage:

Series A

Last funding:

10/09/2018

Total funding:

$5.00 Mn+

Revenue:

₹5.0 Cr+ (FY24)

Investors

Employee count:

44

Last 90d

44

Last 90d

Web traffic:

27.69K

27.69K

Last 30d

Last 30d

Upwards: Financial Breakdown

Decoding financial health metrics of Upwards

  • total_revenue_logo
    Total Revenue
    ₹5.0 Cr
    -24%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹19.2 Cr
    23%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹-14.3 Cr
    -58%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹27.9 Cr
    27%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    -287.5%
    -104%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of Upwards

No. In FY24, Upwards reported a net loss of ₹14.2 Cr, so it was not profitable.

Upwards's estimated EBITDA for FY24 was ₹-8.5 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY24, Upwards posted revenue of ₹19.2 Cr and a net loss of ₹14.2 Cr. Explore the full financials of Upwards here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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