About Afinoz
Afinoz is a company based in Delhi (India) founded in 2015 by Aparajit Awasthi.. Afinoz has raised $704.05 thousand across 3 funding rounds from investors including Rachana Suneja and Ritesh Suneja. The company has 14 employees as of April 05, 2024. Afinoz offers products and services including Personal Loan Application, Business Loan Application, EMI Calculator, and Home Loan Application. Afinoz operates in a competitive market with competitors including BankBazaar, Paisa Bazaar, SuperMoney, Apnapaisa and Capitaworld, among others.
- Headquarter Delhi, India
- Employees 14 as on 05 Apr, 2024
- Founders Aparajit Awasthi
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ds Finworld Private Limited
- Date of Incorporation 07 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$132.73 K (USD)-1.25as on Mar 31, 2021
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Net Profit
$-61.58 K (USD)70.69as on Mar 31, 2021
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EBITDA
$-26.68 K (USD)86.87as on Mar 31, 2021
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Total Equity Funding
$704.05 K (USD)
in 3 rounds
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Latest Funding Round
$527.66 K (USD), Seed
Apr 30, 2019
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Investors
& 1 more
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Employee Count
14
as on Apr 05, 2024
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 3
- Last Round Seed — $527,657
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First Round
First Round
(25 Sep 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Seed - Afinoz | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - Afinoz | Valuation |
investors |
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| Sep, 2017 | Amount | Seed - Afinoz | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Afinoz
Afinoz has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Rachana Suneja and Ritesh Suneja. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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RS
Rachana Suneja |
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Founded Year | Domain | Location |
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RS
Ritesh Suneja |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Afinoz
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Afinoz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Afinoz Comparisons
Competitors of Afinoz
Afinoz operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BankBazaar, Paisa Bazaar, SuperMoney, Apnapaisa and Capitaworld, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products, loans, and credit scores are aggregated and compared.
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| domain | founded_year | HQ Location |
Online loan comparison platform
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| domain | founded_year | HQ Location |
Financial Products Aggregator and Reviewer
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| domain | founded_year | HQ Location |
Loans and credit cards are compared online in India.
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| domain | founded_year | HQ Location |
Loans are matched between borrowers and lenders using ML algorithms.
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| domain | founded_year | HQ Location |
Borrowers are connected to lenders for personal and business loans.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Afinoz
When was Afinoz founded?
Afinoz was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Afinoz located?
Afinoz is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Afinoz a funded company?
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 25, 2017.
How many employees does Afinoz have?
As of Apr 05, 2024, the latest employee count at Afinoz is 14.
What is the annual revenue of Afinoz?
Annual revenue of Afinoz is $132.73K as on Mar 31, 2021.
What does Afinoz do?
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.
Who are the top competitors of Afinoz?
Afinoz's top competitors include BankBazaar, Rubique and Paisa Bazaar.
What products or services does Afinoz offer?
Afinoz offers Personal Loan Application, Business Loan Application, EMI Calculator, and Home Loan Application.
Who are Afinoz's investors?
Afinoz has 2 investors. Key investors include Rachana Suneja, and Ritesh Suneja.
What is Afinoz's valuation?
The valuation of Afinoz is $1.97M as of Apr 2019.