About Appnit Technologies
Appnit Technologies is a company based in Noida (India) founded in 2014 by Manohar Lal VIj and Nitin Kapoor was acquired by DMI Finance in March 2022. Appnit Technologies has raised $3.6 million across 4 funding rounds from investors including DMI Finance, Capital Trade Link and GMobi. The company has 34 employees as of September 13, 2025. Appnit Technologies operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Noida, India
- Employees 34 as on 13 Sep, 2025
- Founders Manohar Lal VIj, Nitin Kapoor
- Stage Minicorn
-
Sectors
Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Appnit Technologies Private Limited
- Date of Incorporation 11 Mar, 2014
- Jurisdiction Noida, Uttar Pradesh, India
-
Annual Revenue
$8.88 M (USD)296.39as on Mar 31, 2025
-
Net Profit
-$269.91 K (USD)59.81as on Mar 31, 2025
-
EBITDA
-$520.46 K (USD)45.64as on Mar 31, 2025
-
Total Equity Funding
$3.6 M (USD)
in 4 rounds
-
Latest Funding Round
$3.1 M (USD), Series A
Feb 17, 2021
-
Investors
DMI Finance
& 17 more
-
Employee Count
34
as on Sep 13, 2025
-
Acquired by
DMI Finance
(Mar 28, 2022)
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
Funding Insights of Appnit Technologies
Appnit Technologies has successfully raised a total of $3.6M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.1 million completed in February 2021. 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.
Investors in Appnit Technologies
Appnit Technologies has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include DMI Finance, Capital Trade Link and GMobi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity investments are managed across multiple sectors.
|
Locked | Locked | Locked | |
|
Private equity investments are managed across multiple sectors.
|
Locked | Locked | Locked | |
|
Multiple sectors are invested in by the private equity firm.
|
Locked | Locked | Locked |
Investor details for Appnit Technologies
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Appnit Technologies
Investment portfolio details for Appnit Technologies
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Appnit Technologies
Detailed financials for Appnit Technologies
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Appnit Technologies Comparisons
Peer comparison for Appnit Technologies
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Appnit Technologies
Appnit Technologies 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Payment processing and card issuance solutions are provided for businesses.
|
|
| Locked | Locked | Locked |
Payment and business banking solutions are provided for enterprises.
|
|
| Locked | Locked | Locked |
Provider of payment processing solutions for businesses
|
|
| Locked | Locked | Locked |
Online payment processing and credit solutions are provided for businesses.
|
|
| Locked | Locked | Locked |
Digital payments and engagement solutions are offered for MSMEs.
|
|
| Locked | Locked | Locked |
Digital payments are processed and managed via specialized solutions.
|
Detailed competitors of Appnit Technologies
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Appnit Technologies
Complete news archive for Appnit Technologies
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Appnit Technologies
Appnit Technologies was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Appnit Technologies is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Appnit Technologies is a funded company, having raised a total of $3.6M across 4 funding rounds to date.
As of Sep 13, 2025, the latest employee count at Appnit Technologies is 34.
Annual revenue of Appnit Technologies is $8.88M as on Mar 31, 2025.
Appnit Technologies was founded in 2014 in Noida, India, focusing on the fintech sector. Payment gateway solutions, including Plutus for online transactions and M-Plutus for mobile payments, are offered to support various options for e-commerce. Secure encrypted data transmission is ensured, with the mobile app compatible across iOS, Android, Blackberry, and Microsoft platforms. Data analysis services are also provided to merchants for operational insights.
Appnit Technologies has 18 investors. Key investors include DMI Finance, Capital Trade Link, GMobi, I-focus Multitech Solutions, and Pine View Portfolio Consultants.
The valuation of Appnit Technologies is $9.08M as of Feb 2021.