Download the app
← Latest news

AI infrastructure startup WorkOnGrid raises Rs 22 5 crore and turns profitable after years of losses

Startups
Published on 24 April 2026
AI infrastructure startup WorkOnGrid raises Rs 22 5 crore and turns profitable after years of losses

Revenues surged while the firm swung from losses to profit

AI infrastructure startup WorkOnGrid has raised Rs 22.5 crore led by Transition Venture Capital, with participation from the Indian Angel Network. Tracxn data shows revenue climbing from Rs 69.7 lakh in FY21 to Rs 7.23 crore in FY25. The startup also reported a net profit of Rs 6.6 lakh in FY25 after losses in the prior four fiscal years.

  • WorkOnGrid raises Rs 22.5 crore led by Transition Venture Capital
  • Indian Angel Network also participated in the funding round
  • Revenue jumped from Rs 69.7 lakh in FY21 to Rs 7.23 crore in FY25
  • Company returned to profit in FY25 with Rs 6.6 lakh net profit
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.