About Affordplan
Affordplan is a Technology company based in Gurugram (India) founded in 2016 by Anand Nevatia, Pruthvinath Kancherla, and Aditya Sharma. Platform that enables healthcare financial planning access to families. It operates in the Technology and Financial Services sectors. Affordplan has raised $14.7 million across 4 funding rounds from investors including Omidyar Network, Lok Capital and Kstart. The company has 241 employees. Affordplan was last valued at $24.37 million in March 2018. Its chief executive, as recorded, is Aditya Sharma. Its Indian entity Usekiwi Infolabs Private Limited reported revenue of ₹10.76 Cr. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Savings Platforms. Its competitors include Dvara Health Finance, Aarogyapay and Aarogya Card.
Company details
Affordplan was founded in 2016 in Gurugram, India, within the healthcare fintech sector. A platform is operated to support financial planning for family healthcare needs, including savings options, online payments, enrollment processes, and pick-up services. Insights into demographics are offered, alongside benefit redemption and consultation services, to enhance access for users.
- Headquarters Gurugram, India
- Employees 241
- Founders Anand Nevatia, Pruthvinath Kancherla, Aditya Sharma
- Stage Minicorn
- SectorsTechnologyFinancial Services
- Email••••••••
- Phone•••• ••••
- Website affordplan.com
- Social LinkedIn X Facebook
- Legal Name Usekiwi Infolabs Private Limited
- Date of Incorporation 28 Dec, 2015
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹10.76 Cr
FY 2023 · +77% YoY
- Net Loss-₹18.37 Cr
FY 2023 · -171% margin
- EBITDA-₹18.18 Cr
FY 2023 · -169% margin
- Total Equity Funding$14.7M (USD)
in 4 rounds
- Latest Funding Round$1.13M (USD), Series B
Nov 2025
- InvestorsOmidyar Network
& 6 more
- Employee Count241
Associated legal entities of Affordplan
Affordplan operates through Usekiwi Infolabs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Usekiwi Infolabs Private Limited CIN U74999HR2015PTC094797 | Active | 28 Dec 2015 | Gurgaon, Haryana | ₹10.8 Cr | 241 | 4 | View details |
Funding Insights of Affordplan
Affordplan has successfully raised a total of $14.7M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $1.13 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $14.7M
- Total Rounds 4
- Last Round Series B — $1.13M
- First Round $502,115
(Feb 2016)
- Investors Count 7
All 4 funding rounds of Affordplan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $1.13M | Series B | – | – | – |
| Mar 2018 | $10.05M | Series B | $24.37M | Lok Capital, Monteverdi Company | |
| Nov 2016 | $3.02M | Series A | $10.03M | Prime Venture Partners | |
| Feb 2016 | $502,115 | Seed | $••••• | Kstart |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2018 | $24.37M | •••••••• |
| Nov 2016 | $10.03M | •••••••• |
| Feb 2016 | $••••• | •••••••• |
Full valuation and stage history of Affordplan
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $24.37M (Mar 2018). 7 investors in total: 6 institutional and 1 angel.
Investors in Affordplan
Affordplan has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Omidyar Network, Lok Capital and Kstart.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focusing on tech-enabled enterprises in social and environmental sectors. | 2002 | lokcapital.com | Gurugram, India | |
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Venture capital fund focused on tech startups | primevp.in | Bengaluru, India | ||
Investing in technology, digital culture, governance, and business initiatives. | 2004 | omidyar.com | Redwood City, United States | |
Website maintenance and user services are operated by Kstart. | 2016 | kstart.in | Bengaluru, India | |
Monteverdi Company is a renowned brand specializing in high-quality wines. | 2011 | monteverdi.com.hk | Hong Kong, China | |
KN Karthik Nageswaran | unknown_53da9266eab24e8c9 |
Investor details for Affordplan
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Board of directors of Usekiwi Infolabs Private Limited (Affordplan)
Usekiwi Infolabs Private Limited is the primary company behind Affordplan. The board of Usekiwi Infolabs Private Limited currently have 4 directors; the longest-serving is Aditya Sharma, appointed in 2019. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Sharma DIN 03084919 | Whole-time director | 26 Nov 2019 | 6 yrs 10 mo | Usekiwi Infolabs Private Limited |
| Kancherla Pruthvinath DIN 02302777 | Director | 20 Feb 2024 | 2 yrs 8 mo | Usekiwi Infolabs Private Limited |
| Sanjiv Gupta DIN 01241561 | Director | 20 Feb 2024 | 2 yrs 8 mo | Usekiwi Infolabs Private Limited |
| Anand Nevatia DIN 05106558 | Director | 25 Jun 2024 | 2 yrs 4 mo | Usekiwi Infolabs Private Limited |
People of Affordplan
28 people are tracked at Affordplan (10 in leadership, 18 in team); the tracked headcount is 241.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Vinay N | Director Of Engineering | Leadership |
Ajay Ojha | Head Of Quality Assurance | Leadership |
Dr. Ali Ahmad | Head- Business Development, Corporate & Institutional Sales | Leadership |
Ali Ahmad | Head, Corporate & Institutional Sales | Leadership |
Manish Singh | Head, West Zone | Leadership |
Nishant Anand | Chief Technology Officer | Leadership |
Avinash Misra | Head Of Technology | Leadership |
Hritvik M. | Software Engineer | Team |
Purushottam . | Senior Software Developer | Team |
Vikram Kathayat | DevOps | Team |
jaskaran bhogal | Business Development Manager | Team |
Shikha Sehrawat | Product Manager | Team |
Anjali Verma | TVs sales department | Team |
Prithvijeet Dev Mondal | Manager: Business Development | Expansion | Team |
Swaroop Kumar | Business Development Manager | Team |
Robin Singh Shekhawat | Senior Business Development Manager | Team |
karnesh waran | Senior Business Development Manager | Team |
8 more people are available in the full profile.
Complete people profiles for Affordplan
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Affordplan
Figures of Usekiwi Infolabs Private Limited, the primary company behind Affordplan, for FY 2023. Revenue was ₹10.76 Cr (+77% year on year). Net loss was -₹18.37 Cr (-171% margin). EBITDA was -₹18.18 Cr (-169% margin). Revenue has grown at a compounded annual rate of +14% over three years and +50% over five years.
- ₹10.76 CrRevenue · FY 2023 · +77% YoY
- -₹18.37 CrNet loss · -171% margin
- -₹18.18 CrEBITDA · -169% margin
- ₹6.16 CrPaid-up capital
- 241Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +50%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Usekiwi Infolabs Private Limited are on its company page.
Detailed financial statements for Affordplan
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Affordplan
4 dated milestones of Affordplan across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Affordplan is founded.
- Funding First funding round of $502K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $1.1M.
Competitors of Affordplan
Affordplan has 3 listed competitors in our database. They include Dvara Health Finance, Aarogyapay and Aarogya Card.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarahealthfinance.com | 2021 | Chennai, India | 13 | Health-related savings and financing are facilitated through an alternative platform. | ||
| aarogyapay.com | 2022 | Navi Mumbai, India | Offers prepaid cards for healthcare services, payments, and diagnostic access. | |||
| aarogyacard.com | 2019 | Hyderabad, India | Provides comprehensive healthcare cards for patients and the healthcare sector. |
Detailed competitors of Affordplan
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Affordplan
The website of Affordplan (affordplan.com) receives about 7.2K visits a month.
- Monthly visits7.2K
▲ 180% vs previous month
Websites whose visitors overlap most with Affordplan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flourishventures.com | 100% | #1,182,860 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Affordplan (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Affordplan
Complete news archive for Affordplan
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Frequently Asked Questions about Affordplan
Affordplan was founded in 2016.
Affordplan is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Aditya Sharma is the CEO of Affordplan, as recorded in our data. They have also founded this company.
Affordplan is a funded company, having raised a total of $14.7M across 4 funding rounds to date. The company's 1st funding round was a Seed of $502.12K, raised on Feb 2016.
Affordplan has 241 employees.
The primary company behind Affordplan, Usekiwi Infolabs Private Limited, reported revenue of ₹10.76 Cr for FY 2023, up 77% year on year.
Affordplan was founded in 2016 in Gurugram, India, within the healthcare fintech sector. A platform is operated to support financial planning for family healthcare needs, including savings options, online payments, enrollment processes, and pick-up services. Insights into demographics are offered, alongside benefit redemption and consultation services, to enhance access for users.
Affordplan's top competitors include Dvara Health Finance, Aarogya Card and Aarogyapay.
Affordplan has 7 investors. Key investors include Omidyar Network, Lok Capital, Kstart, Kalaari Capital, and Prime Venture Partners.
The valuation of Affordplan is $24.37M as of Mar 2018.
Affordplan operates through Usekiwi Infolabs Private Limited.
The legal entities of Affordplan currently have 4 directors, including Aditya Sharma, Anand Nevatia, Kancherla Pruthvinath and others.