Ripplr FY26 revenue climbs 32% to ₹1,820 Cr as losses halve; Series D and 2028 IPO in sight
B2B distribution platform Ripplr clocked ₹1,820 Cr in FY26, up 32.4% YoY, with net loss narrowing over 50% to ₹35-40 Cr and operating profit of ₹36 Cr. Electronics (Samsung, Pixel, Hisense) powered growth alongside FMCG clients like Unilever, Nestle and Dabur. Eyes $30-40 Mn Series D and 2028 listing.
What happened
B2B distribution startup Ripplr posted FY26 revenue of ₹1,820 Cr (up 32%) with losses halved. Electronics vertical (Samsung, Pixel) drove growth. Plans $30-40
Key facts
- Revenue ₹1,820 Cr FY26
- 32.4% YoY growth
- Net loss ₹35-40 Cr
- EBITDA loss ₹23 Cr
- Operating profit ₹36 Cr
- 1 Lakh retailers
- 11 cities
- 2 Lakh orders/month
- Series D $30-40 Mn planned
- $100 Mn raised to date
- IPO targeted 2028
Why this matters
Ripplr's dual-engine momentum across electronics and FMCG distribution makes it a strategic anchor for any acquirer or partner looking to consolidate India's fragmented B2B retail supply chain ahead of its 2028 listing.