Assertion Not publicly verifiable AI assessment confidence: 80% certainty 4/5 debate potential 1/5

Kapoor: Ketto broke even in mid-2019 and has remained profitable since

Kunal Kapoor · Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India · Jan 12, 2021 · at 15:15

Ketto co-founder Kunal Kapoor responds to host Siddharth Ahluwalia's question about the crowdfunding platform's profitability.

0:00 / 0:07exact quote · 7.2s

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“A profitable venture. We broke even about, A year and a half back, and we've been profitable ever since.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Ketto broke even around mid-2019 (approximately a year and a half prior to early 2021) and has remained profitable since then.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Then-co-founder Kunal Kapoor stated on January 12, 2021, that Ketto Online Ventures Private Limited had broken even roughly 18 months prior (mid-2019) and maintained profitability. While statutory records with the Ministry of Corporate Affairs (MCA) confirm that the company filed annual returns (AOC-4/MGT-7) across FY19, FY20, and FY21, detailed line-item breakdowns (EBITDA and net profit/loss) for those private unlisted fiscal periods are not available in public non-paywalled disclosures or public press reports. Because Ketto is an unlisted private company without public quarterly reporting, the claim cannot be definitively settled using publicly accessible records.

MCA/RoC records confirm Ketto Online Ventures Private Limited (CIN: U74900MH2012PTC238738) has active, regular filings for FY19, FY20, and FY21.
Financial aggregators confirm later revenue growth (e.g., ₹74.72 crore in FY25 with operating profit), but exact line-item EBITDA and net profit for FY19–FY21 remain behind paid registry portals and are absent from public financial releases.

Checked against

[1] neon.fund [2] emis.com [3] forbesindia.com [4] zaubacorp.com [5] tofler.in [6] tracxn.com [7] tofler.in [8] zaubacorp.com

"Ketto Online Ventures Private Limited" "Tofler" OR "The Company Check" OR "InstaFinancials" revenue profit "Varun Sheth" "profitable" OR "profit" OR "break even" OR "breakeven" "Ketto" "profitable" OR "breakeven" OR "break even" "2019" OR "2020" OR "2021" "Ketto Online Ventures" "operating revenue" OR "net profit" OR "profit after tax" OR "PAT" OR "EBITDA" "Ketto Online Ventures" "revenue" "profit" OR "loss" FY19 OR FY20 OR FY21 OR FY2019 OR FY2020 OR FY2021 "U74900MH2012PTC238738" "financials" OR "revenue" "Ketto Online Ventures Private Limited" "balance sheet" OR "profit and loss" "2019" OR "2020" OR "2021" "Ketto Online Ventures" "profit after tax" OR "net profit" OR "loss"

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Ketto

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Disclosure

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Assertion Partly supported

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Kapoor: Ketto broke even in mid-2019 and has remained profitable since

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