About Afinoz
Afinoz is a Technology company based in Delhi (India) founded in 2015 by Aparajit Awasthi. Financial product comparison platform for consumers and businesses. It operates in the Technology and Financial Services sectors. Afinoz has raised $704.05 thousand across 3 funding rounds from investors including Rachana Suneja and Ritesh Suneja. The company has 14 employees. Afinoz was last valued at $1.97 million in April 2019. Its Indian entity Ds Finworld Private Limited reported revenue of ₹2.01 Cr. Afinoz offers products and services including Personal Loan Application, Business Loan Application, EMI Calculator, and Home Loan Application. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Investment Services Comparison Platforms. Its competitors include BankBazaar, Paisa Bazaar and Apnapaisa; 2 of its 3 listed competitors have raised funding.
Company details
Afinoz was founded in 2015 in Delhi, India, as a platform in the financial services sector. Various products, including personal loans, business loans, credit cards, investment options, mutual funds, education loans, and car loans, are compared by users. Financial tools such as fixed deposit calculators, SIP calculators, and loan calculators are also provided to support decision-making for both consumers and businesses.
- Headquarters Delhi, India
- Employees 14
- Founders Aparajit Awasthi
- Stage Minicorn
- SectorsTechnologyFinancial Services
- Email••••••••
- Website afinoz.com
- Social LinkedIn X Facebook Instagram
- Legal Name Ds Finworld Private Limited
- Date of Incorporation 07 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹2.01 Cr
FY 2024 · -29% YoY
- Net Loss-₹89 Lakh
FY 2024 · -44% margin
- EBITDA-₹70.5 Lakh
FY 2024 · -35% margin
- Total Equity Funding$704.05K (USD)
in 3 rounds
- Latest Funding Round$527.66K (USD), Seed
Apr 2019
- Employee Count14
Associated legal entities of Afinoz
Afinoz operates through Ds Finworld Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ds Finworld Private Limited CIN U74140DL2015PTC286155 | Active | 07 Oct 2015 | New Delhi, Delhi | ₹2.0 Cr | 14 | 2 | View details |
Products & Services of Afinoz
Afinoz offers a comprehensive portfolio of products and services, including Personal Loan Application, Business Loan Application, EMI Calculator, and Home Loan Application.
Platform for applying to personal loans from multiple banks and NBFCs.
Service for business loans with real-time deal comparisons.
Tool to calculate monthly installments for various loan types.
Platform for applying to home loans from partnered institutions.
Funding Insights of Afinoz
Afinoz has successfully raised a total of $704.05K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $527.66 thousand completed in April 2019. 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 $704,053
- Total Rounds 3
- Last Round Seed — $527,657
- First Round $15,357
(Sep 2017)
- Investors Count 2
All 3 funding rounds of Afinoz 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 |
|---|---|---|---|---|---|
| Apr 2019 | $527,657 | Seed | $1.97M | – | |
| Oct 2017 | $161,038 | Seed | $3.08M | – | – |
| Sep 2017 | $15,357 | Seed | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2019 | $1.97M | •••••••• |
| Oct 2017 | $3.08M | •••••••• |
Last known valuation $1.97M (Apr 2019). 2 investors in total: 0 institutional and 2 angel.
Investors in Afinoz
Afinoz has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Rachana Suneja and Ritesh Suneja.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RS Rachana Suneja | unknown_77b493dc50bc47f9a | |||
RS Ritesh Suneja | unknown_e342d9d31e5b4cf98 |
Investor details for Afinoz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ds Finworld Private Limited (Afinoz)
Ds Finworld Private Limited is the primary company behind Afinoz. The board of Ds Finworld Private Limited currently have 2 directors; the longest-serving is Ritesh Suneja, appointed in 2023. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ritesh Suneja DIN 02445321 | Director | 14 Sep 2023 | 3 yrs 1 mo | Ds Finworld Private Limited |
| Gopesh Kumar DIN 08438418 | Additional Director | 27 Oct 2025 | 1 yr | Ds Finworld Private Limited |
People of Afinoz
1 people are tracked at Afinoz (1 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Afinoz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Afinoz
Figures of Ds Finworld Private Limited, the primary company behind Afinoz, for FY 2024. Revenue was ₹2.01 Cr (-29% year on year). Net loss was -₹89 Lakh (-44% margin). EBITDA was -₹70.5 Lakh (-35% margin). Revenue has grown at a compounded annual rate of +27% over three years and -5% over five years.
- ₹2.01 CrRevenue · FY 2024 · -29% YoY
- -₹89 LakhNet loss · -44% margin
- -₹70.5 LakhEBITDA · -35% margin
- ₹3.9 LakhPaid-up capital
- 14Employees (provident fund records)
- +27%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ds Finworld Private Limited are on its company page.
Detailed financial statements for Afinoz
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Afinoz
4 dated milestones of Afinoz across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Afinoz is founded.
- Funding First funding round of $15K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $528K.
Competitors of Afinoz
Afinoz has 3 listed competitors in our database, 2 of them funded. They include BankBazaar, Paisa Bazaar and Apnapaisa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bankbazaar.com | 2008 | Chennai, India | $132.09M | 795 | Financial products, loans, and credit scores are aggregated and compared. | |
| paisabazaar.com | 2009 | Gurugram, India | 3,550 | Online loan comparison platform | ||
| apnapaisa.com | 2007 | Mumbai, India | $2.2M | Loans and credit cards are compared online in India. |
Detailed competitors of Afinoz
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Afinoz (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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Afinoz
Afinoz was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Afinoz is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Afinoz is a funded company, having raised a total of $704.05K across 3 funding rounds to date. The company's 1st funding round was a Seed of $15.36K, raised on Sep 2017.
Afinoz has 14 employees.
The primary company behind Afinoz, Ds Finworld Private Limited, reported revenue of ₹2.01 Cr for FY 2024, down 29% year on year.
Afinoz was founded in 2015 in Delhi, India, as a platform in the financial services sector. Various products, including personal loans, business loans, credit cards, investment options, mutual funds, education loans, and car loans, are compared by users. Financial tools such as fixed deposit calculators, SIP calculators, and loan calculators are also provided to support decision-making for both consumers and businesses.
Afinoz's top competitors include BankBazaar, Paisa Bazaar and Apnapaisa.
Afinoz offers Personal Loan Application, Business Loan Application, EMI Calculator, and Home Loan Application.
Afinoz has 2 investors. Key investors include Rachana Suneja, and Ritesh Suneja.
The valuation of Afinoz is $1.97M as of Apr 2019.
Afinoz operates through Ds Finworld Private Limited.
The legal entities of Afinoz currently have 2 directors, including Ritesh Suneja, Gopesh Kumar.