Kirana commerce unicorn ElasticRun narrows losses by 60% in FY25

ElasticRun, a kirana-commerce and logistics platform, stabilised its scale in the fiscal year ending March 2025 after a sharp contraction in the previous year when its revenue had declined by nearly 49%. The company significantly narrowed its losses during the same period.

ElasticRun’s gross revenue (GMV) increased 9% to Rs 2,653 crore in FY25, up from Rs 2,435 crore in FY24, according to its consolidated financial statements sourced from the Registrar of Companies (RoC).

ElasticRun generates revenue by providing a distribution network that allows…