Most startups don't show you this
before you join.
Your offer letter won't tell you this. The audited filing will. Runway, payroll trends, profitability trajectory, stability, for 86 Indian startups, from MCA-audited financial statements.
86
Startups indexed
22
Already profitable
30
3+ years runway
8
Under 12 months
The headline takeaways
74%
Loss-making
Of 86 startups in this index, 64 are still losing money on the latest audited filing.
22
Self-funded
Profitable companies generate cash from operations. They don't need the next round to keep the lights on.
8
Under 12 months runway
At the current burn rate, the cash buffer would not last another financial year without a fresh round or a turn to profit.
High-risk startups
8 companies with runway under 12 months
At the FY2025 burn rate, the cash buffer would be exhausted before the next financial year ends, unless a fresh funding round, a turnaround, or a wind-up changes the picture. Look here before signing an offer.
Four numbers that matter most when joining a startup
Runway (months)
Net worth divided by annual net loss. How long the company can operate before capital runs out. Profitable companies generate cash, no runway concern.
3+ years: comfortable
12–36 months: monitor
Under 12 months: high risk
Profitability trajectory
Is the company moving toward or away from profit? Derived from loss ratio trend across two years of audited filings.
Profitable: already there
Improving: losses narrowing
Worsening: losses deepening
Payroll growth (YoY %)
Year-on-year change in employee benefit expenses. Rising = hiring or pay increases. Falling = headcount cuts or pay freezes.
+20%+: active hiring
0–20%: stable
Negative: contracting
Career upside
A composite read of growth + finances + ESOP potential. High = you have meaningful financial upside if it works. Limited = upside doesn't outweigh the risk.
High: growth + stable financials + ESOP potential
Moderate: growth visible, trade-offs present
Limited: weak growth + weak financials
Runway is an approximation, not a guarantee. A new funding round resets it. A product pivot changes the burn rate. Use it as a signal, not a deadline. Full employer check →
High Risk
These companies could run out of capital within a year at current burn rates.
Ola
CautionMobility / Ride-Hailing / Holding · 12 May 2026
Runway
6mo
high risk of layoffs / shutdown
Profitability
Worsening
trajectory
Payroll
-32.0%
cost YoY
growth visible, trade-offs present
Vedantu
CautionEdTech / K-12 / Competitive Exam Prep · 10 May 2026
Runway
6mo
high risk of layoffs / shutdown
Profitability
Worsening
trajectory
Payroll
+25.0%
cost YoY
Fresh2Home
CautionD2C / Meat & Seafood / Cold Chain · 07 May 2026
Runway
6mo
high risk of layoffs / shutdown
Profitability
Worsening
trajectory
Payroll
+10.0%
cost YoY
SuperTails
WatchD2C / Pet Care / E-commerce · 04 May 2026
Runway
8mo
high risk of layoffs / shutdown
Profitability
Worsening
trajectory
Payroll
+1013.0%
cost YoY
growth visible, trade-offs present
KukuFM
CautionAudio Streaming / Subscription · 02 May 2026
Runway
8mo
high risk of layoffs / shutdown
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
CheQ
WatchFintech / Credit Card Repayment · 01 May 2026
Runway
7mo
high risk of layoffs / shutdown
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Chai Point
CautionConsumer / QSR / Food & Beverage · 29 April 2026
Runway
6mo
high risk of layoffs / shutdown
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
Sugar Cosmetics
CautionConsumer / D2C Beauty · 27 April 2026
Runway
5mo
high risk of layoffs / shutdown
Profitability
Worsening
trajectory
Payroll
N/A
cost YoY
risk outweighs reward
Monitor Closely
Viable but dependent on raising fresh capital or reaching profitability in the medium term.
Country Delight
WatchDirect-to-Consumer / Dairy & Subscription Foods · 06 June 2026
Runway
16mo
funding needed soon
Profitability
Worsening
trajectory
Payroll
+60.0%
cost YoY
growth + survivability align
BlissClub
WatchDirect-to-Consumer / Women's Activewear / Apparel · 31 May 2026
Runway
26mo
watch closely
Profitability
Improving
trajectory
Payroll
-43.0%
cost YoY
growth visible, trade-offs present
LendenClub
WatchP2P Lending / Marketplace / NBFC-P2P · 21 May 2026
Runway
24mo
watch closely
Profitability
Profitable
trajectory
Payroll
+254.0%
cost YoY
INDmoney
WatchFintech / Wealth Management / Investment Platform · 21 May 2026
Runway
18mo
watch closely
Profitability
Worsening
trajectory
Payroll
+14.0%
cost YoY
WintWealth
WatchFintech / Online Bond Platform / Fixed Income · 21 May 2026
Runway
12mo
funding needed soon
Profitability
Improving
trajectory
Payroll
+26.0%
cost YoY
Redcliffe Labs
WatchDiagnostics / Health-tech / At-home Lab Testing · 19 May 2026
Runway
12mo
funding needed soon
Profitability
Improving
trajectory
Payroll
+5.0%
cost YoY
Tata 1mg
WatchE-pharmacy / Healthtech / Diagnostics · 17 May 2026
Runway
24mo
watch closely
Profitability
Improving
trajectory
Payroll
+7.0%
cost YoY
Orange Health
WatchDiagnostics / Health-tech / At-home Lab Testing · 17 May 2026
Runway
16mo
funding needed soon
Profitability
Improving
trajectory
Payroll
-17.0%
cost YoY
HealthifyMe
WatchHealth & Wellness / Nutrition Subscription / Fitness App · 16 May 2026
Runway
12mo
funding needed soon
Profitability
Improving
trajectory
Payroll
-30.0%
cost YoY
growth visible, trade-offs present
PharmEasy
WatchHealthcare / Pharmacy / Diagnostics · 16 May 2026
Runway
12mo
funding needed soon
Profitability
Improving
trajectory
Payroll
+30.0%
cost YoY
growth visible, trade-offs present
Uber India
WatchMobility / Ride-Hailing / Platform · 10 May 2026
Runway
12mo
funding needed soon
Profitability
Worsening
trajectory
Payroll
+23.0%
cost YoY
growth + survivability align
upGrad
WatchEdTech / Online Learning / Upskilling · 10 May 2026
Runway
18mo
watch closely
Profitability
Improving
trajectory
Payroll
-5.0%
cost YoY
growth visible, trade-offs present
Scaler
WatchEdTech / Upskilling / Bootcamps · 09 May 2026
Runway
12mo
funding needed soon
Profitability
Profitable
trajectory
Payroll
-29.0%
cost YoY
growth visible, trade-offs present
Captain Fresh
WatchB2B Seafood / Marketplace / Cold Chain · 07 May 2026
Runway
24mo
watch closely
Profitability
Improving
trajectory
Payroll
+139.0%
cost YoY
growth + survivability align
BRND.ME
CautionRoll-Up / D2C Brand Aggregator · 06 May 2026
Runway
12mo
funding needed soon
Profitability
Worsening
trajectory
Payroll
-15.0%
cost YoY
Pilgrim
WatchD2C / Beauty & Personal Care · 06 May 2026
Runway
27mo
watch closely
Profitability
Worsening
trajectory
Payroll
+102.0%
cost YoY
growth visible, trade-offs present
Renee
WatchD2C / Beauty & Personal Care / Cosmetics · 06 May 2026
Runway
18mo
watch closely
Profitability
Improving
trajectory
Payroll
+19.0%
cost YoY
growth visible, trade-offs present
UpperCase
WatchD2C / Consumer / Luggage · 04 May 2026
Runway
19mo
watch closely
Profitability
Worsening
trajectory
Payroll
+34.0%
cost YoY
growth visible, trade-offs present
ShareChat
WatchSocial Media / Vernacular Content / Adtech · 04 May 2026
Runway
24mo
watch closely
Profitability
Improving
trajectory
Payroll
-14.0%
cost YoY
growth visible, trade-offs present
OneCard
WatchFintech / Credit Cards · 03 May 2026
Runway
27mo
watch closely
Profitability
Improving
trajectory
Payroll
+26.0%
cost YoY
growth visible, trade-offs present
Sahi
WatchFintech / Wealthtech · 02 May 2026
Runway
23mo
watch closely
Profitability
Worsening
trajectory
Payroll
N/A
cost YoY
high ceiling, uncertain floor
Spinny
WatchUsed Car Marketplace / Auto Fintech · 30 April 2026
Runway
27mo
watch closely
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Slice
WatchFintech / Small Finance Bank · 29 April 2026
Runway
21mo
watch closely
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
CRED
WatchFintech / Consumer Credit / Super App · 26 April 2026
Runway
23mo
watch closely
Profitability
Worsening
trajectory
Payroll
N/A
cost YoY
high ceiling, uncertain floor
Kiwi
CautionFintech / Credit Card / UPI Payments · 25 April 2026
Runway
13mo
funding needed soon
Profitability
Worsening
trajectory
Payroll
+83.5%
cost YoY
Stable Money
WatchFintech / Fixed-Income Distribution Platform · 12 April 2026
Runway
15mo
funding needed soon
Profitability
Worsening
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
Safe to Join
Strong financial footing. Runway is not an immediate concern.
Swish
WatchQuick Commerce / Cloud Kitchen / Food Delivery · 06 June 2026
Runway
57mo
comfortable
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Snitch
WatchDirect-to-Consumer / Men's Fashion / Apparel · 31 May 2026
Runway
10+ years
very comfortable
Profitability
Worsening
trajectory
Payroll
+270.0%
cost YoY
CashKaro
WatchFintech / Cashback / Affiliate Marketing · 31 May 2026
Runway
36mo
comfortable
Profitability
Worsening
trajectory
Payroll
+17.0%
cost YoY
growth visible, trade-offs present
InCred Holdings
SolidNBFC / Lending / Financial Services · 21 May 2026
Runway
48mo
comfortable
Profitability
Profitable
trajectory
Payroll
+28.0%
cost YoY
Stashfin
WatchNBFC / Consumer Lending / Fintech · 20 May 2026
Runway
36mo
comfortable
Profitability
Profitable
trajectory
Payroll
+29.0%
cost YoY
Faircent
CautionP2P Lending / Marketplace · 20 May 2026
Runway
48mo
comfortable
Profitability
Stable
trajectory
Payroll
-15.0%
cost YoY
risk outweighs reward
Healthians
WatchHealthcare / Diagnostics / At-Home Testing · 16 May 2026
Runway
36mo
comfortable
Profitability
Improving
trajectory
Payroll
-13.0%
cost YoY
growth visible, trade-offs present
Furlenco
WatchFurniture Rental / Subscription / Home Solutions · 13 May 2026
Runway
10+ years
very comfortable
Profitability
Improving
trajectory
Payroll
-36.0%
cost YoY
growth + survivability align
Amazon
WatchE-commerce / Marketplace Platform · 13 May 2026
Runway
10+ years
very comfortable
Profitability
Improving
trajectory
Payroll
-4.0%
cost YoY
growth + survivability align
Google Pay
SolidPayments / UPI / Digital Services · 10 May 2026
Runway
10+ years
very comfortable
Profitability
Profitable
trajectory
Payroll
+6.0%
cost YoY
growth + survivability align
Myntra
SolidE-commerce / Fashion / Marketplace · 09 May 2026
Runway
10+ years
very comfortable
Profitability
Profitable
trajectory
Payroll
-6.0%
cost YoY
growth + survivability align
Plum (Pureplay Skin Sciences)
SolidD2C / Beauty & Personal Care · 07 May 2026
Runway
10+ years
very comfortable
Profitability
Profitable
trajectory
Payroll
+12.0%
cost YoY
growth + survivability align
mCaffeine
WatchD2C / Beauty & Personal Care · 06 May 2026
Runway
60mo
comfortable
Profitability
Improving
trajectory
Payroll
-31.0%
cost YoY
growth visible, trade-offs present
Purplle
SolidD2C / Beauty Marketplace / Cosmetics · 06 May 2026
Runway
49mo
comfortable
Profitability
Improving
trajectory
Payroll
-7.0%
cost YoY
growth + survivability align
Snapmint
ProfitableFintech / BNPL / Consumer Lending · 05 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
-19.0%
cost YoY
growth + survivability align
Unacademy
WatchEdtech / Online Learning · 05 May 2026
Runway
36mo
comfortable
Profitability
Improving
trajectory
Payroll
+2.0%
cost YoY
growth visible, trade-offs present
Zeta
ProfitableFintech / Banking-Tech / Enterprise SaaS · 04 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
-26.0%
cost YoY
growth visible, trade-offs present
RentoMojo
ProfitableRental Marketplace / Subscription Economy / D2C · 04 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
+34.0%
cost YoY
growth visible, trade-offs present
MoneyView
ProfitableFintech / Lending / NBFC · 04 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
+41.0%
cost YoY
growth + survivability align
Dhan
ProfitableFintech / Stock Broker / Trading Platform · 04 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
+66.0%
cost YoY
growth + survivability align
CarDekho
WatchAuto-Tech / Used Cars / Insurance / Lending · 04 May 2026
Runway
60mo
comfortable
Profitability
Worsening
trajectory
Payroll
+15.0%
cost YoY
growth visible, trade-offs present
Licious
WatchD2C / Food & Beverage / Meat · 03 May 2026
Runway
36mo
comfortable
Profitability
Improving
trajectory
Payroll
-18.0%
cost YoY
growth visible, trade-offs present
BookMyShow
ProfitableEntertainment / Ticketing · 03 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
PocketFM
ProfitableAudio Streaming / Subscription · 02 May 2026
Runway
Profitable
cash generating
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
GIVA
WatchSilver Jewelry / D2C Retail · 02 May 2026
Runway
56mo
comfortable
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Plum
WatchInsurtech / Employee Benefits · 02 May 2026
Runway
45mo
comfortable
Profitability
Improving
trajectory
Payroll
+3.9%
cost YoY
growth + survivability align
Zetwerk
WatchManufacturing Marketplace / B2B Procurement · 02 May 2026
Runway
89mo
comfortable
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
Blue Tokai Coffee
WatchF&B / Specialty Coffee · 01 May 2026
Runway
36mo
comfortable
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Infra.Market
ProfitableB2B / Construction Materials · 01 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Third Wave Coffee
WatchF&B / Specialty Coffee · 01 May 2026
Runway
68mo
comfortable
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Acko
WatchInsurtech / Insurance Holding Company · 01 May 2026
Runway
10+ years
very comfortable
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Noise
ProfitableConsumer Electronics / Hearables / Wearables · 01 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
UltraHuman
ProfitableHealth Tech / Wearables / Biometric Monitoring · 01 May 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
MyGate
WatchSaaS / Proptech / Society Management · 30 April 2026
Runway
42mo
comfortable
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
FamPay
WatchFintech / Teen Banking · 30 April 2026
Runway
46mo
comfortable
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
BharatPe
WatchFintech / Merchant Payments · 29 April 2026
Runway
10+ years
very comfortable
Profitability
Stable
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
Chaayos
WatchConsumer / QSR / Food & Beverage · 29 April 2026
Runway
102mo
comfortable
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
Kissht
ProfitableFintech / Consumer Lending (NBFC) · 29 April 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
Zerodha
ProfitableFintech / Stock Broking · 28 April 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Razorpay
ProfitableFintech / Payments Infrastructure · 28 April 2026
Runway
Profitable
cash generating
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
PhonePe
WatchFintech / Payments · 28 April 2026
Runway
111mo
comfortable
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Porter
ProfitableLogistics / B2B Intracity · 28 April 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Rapido
ProfitableMobility / Ride Hailing · 28 April 2026
Runway
Profitable
cash generating
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Zepto
ProfitableQuick Commerce / Grocery Delivery · 27 April 2026
Runway
Profitable
cash generating
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
OYO
ProfitableHospitality / Travel Tech · 27 April 2026
Runway
Profitable
cash generating
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Upstox
ProfitableFintech / Discount Brokerage · 27 April 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
-9.5%
cost YoY
growth + survivability align
boAt
ProfitableConsumer Electronics / Hearables / Wearables · 26 April 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
Navi
WatchNBFC / Fintech / Insurance / AMC · 26 April 2026
Runway
10+ years
very comfortable
Profitability
Worsening
trajectory
Payroll
+16.6%
cost YoY
risk outweighs reward
Dezerv
ProfitableWealth Management / Fintech · 22 April 2026
Runway
Profitable
cash generating
Profitability
Worsening
trajectory
Payroll
+76.0%
cost YoY
growth visible, trade-offs present
Jar
ProfitableFintech / Digital Savings & Micro-Investments · 22 April 2026
Runway
Profitable
cash generating
Profitability
Profitable
trajectory
Payroll
N/A
cost YoY
growth + survivability align
Scapia
WatchFintech / Travel Credit Cards · 21 April 2026
Runway
59mo
comfortable
Profitability
Improving
trajectory
Payroll
N/A
cost YoY
growth visible, trade-offs present
Super Money
ProfitableFintech / Insurance & Financial Products Distribution · 17 April 2026
Runway
Profitable
cash generating
Profitability
Worsening
trajectory
Payroll
N/A
cost YoY
high ceiling, uncertain floor
Compare two offers
Side-by-side: which startup is the safer bet?
Compare runway, profitability, payroll growth, and stability across two startups in one view. Useful when you have multiple offers.
Profitability Index
Top 10 ranked: most profit, biggest losses, highest margin.
Five leaderboards across 86 startups, ranked by what the audit actually says. Profitable, deepening, survival.
Want the full employer picture?
Growth momentum, stability, funding dependence, career upside, five dimensions, each scored from the filing.
Important disclaimer
Runway is calculated from the most recent available audited filing, typically 6–18 months behind real time. A company's financial position may have changed materially. A new funding round, a product pivot, or a headcount change are not visible here until the next filing is submitted. Use this as one input, alongside your own due diligence, not as the final word.
New filings reclassify the index every quarter
We read every filing so you know what the numbers say before you sign.