About Artfine
Artfine is a Financial Services company based in Mumbai (India) founded in 2018 by Shantanu Bairagi, Arvind Rangarajan, and Saini Rajgopal. Provider of bespoke supply chain finance solutions. It operates in the Financial Services and Technology sectors. Artfine has raised $1.14 million across 3 funding rounds from investors including Shree nm electricals, Unity Small Finance Bank and AngelBay. The company has 1 employees. Artfine was last valued at $6.84 million in March 2024. Its Indian entity Arth Padarth Factors And Finance Private Limited reported revenue of ₹3.56 Cr. Artfine offers products and services including Vendor Finance, Dealer Finance, Receivable Factoring, and MSME Finance. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Procure To Pay. Its competitors include Vayana, Veefin and Receivables Exchange of India; 2 of its 3 listed competitors have raised funding.
Company details
Artfine was founded in 2018 in Mumbai, India, as a provider of tailored supply chain finance solutions. Services such as vendor finance, dealer finance, receivable factoring, and MSME finance are structured to meet specific client needs in the supply chain sector. Technology is leveraged for implementation, enabling efficient funding for businesses where standard options prove inadequate. Operations focus on the Indian market, supporting complex financial requirements within supply chains.
- Headquarters Mumbai, India
- Employees 1
- Founders Shantanu Bairagi, Arvind Rangarajan, Saini Rajgopal
- Stage Minicorn
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website artfine.in
- Social LinkedIn YouTube
- Legal Name Arth Padarth Factors & Finance Pvt Ltd
- Date of Incorporation 15 Oct, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.56 Cr
FY 2025 · +64% YoY
- Net Loss-₹19.6 Lakh
FY 2025 · -6% margin
- EBITDA₹68.7 Lakh
FY 2025 · 19% margin
- Total Equity Funding$1.14M (USD)
in 3 rounds
- Latest Funding Round$755.93K (USD), Seed
Mar 2024
- InvestorsShree nm electricals
& 16 more
- Employee Count1
Associated legal entities of Artfine
Artfine is associated with 3 registered companies on The Company Check; the primary company is Arth Padarth Factors And Finance Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Arth Padarth Factors And Finance Private Limited CIN U65990MH2020PTC348007 | Active | 15 Oct 2020 | Mumbai, Maharashtra | ₹3.6 Cr | 4 | View details | |
| Artfine Consultancy Private Limited CIN U74120MH2022PTC383358 | Active | 25 May 2022 | Mumbai, Maharashtra | 3 | View details | ||
| Artfine Advisory Llp CIN AAN-8306 | Active | 21 Dec 2018 | Mumbai, Maharashtra | ₹0.4 Cr | 3 | View details |
Products & Services of Artfine
Artfine offers a comprehensive portfolio of products and services, including Vendor Finance, Dealer Finance, Receivable Factoring, and MSME Finance.
Financing for vendors to manage working capital effectively.
Financial support for dealers in business transactions.
Service to discount invoices for immediate cash flow.
Loans and financing tailored for small and medium enterprises.
Apps and channels of Artfine
its YouTube channel Artfine has 19 subscribers and 8 videos.
Videos from Artfine
The most watched videos on Artfine's YouTube channel, Artfine (19 subscribers). Click a video to play it here.
More on Artfine.
Funding Insights of Artfine
Artfine has successfully raised a total of $1.14M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $755.93 thousand completed in March 2024. 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 $1.14M
- Total Rounds 3
- Last Round Seed — $755,931
- First Round $262,300
(Mar 2022)
- Investors Count 17
All 3 funding rounds of Artfine 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 |
|---|---|---|---|---|---|
| Mar 2024 | $755,931 | Seed | $6.84M | Unity Small Finance Bank | |
| Mar 2023 | $121,100 | Seed | $1.88M | Inoventures | |
| Mar 2022 | $262,300 | Seed | $••••• | Inoventures |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $6.84M | •••••••• |
| Mar 2023 | $1.88M | •••••••• |
| Mar 2022 | $••••• | •••••••• |
Full valuation and stage history of Artfine
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $6.84M (Mar 2024). 17 investors in total: 8 institutional and 9 angel.
Investors in Artfine
Artfine has secured backing from 17 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Shree nm electricals, Unity Small Finance Bank and AngelBay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network focused on multiple sectors | 2020 | angelbay.in | Gurugram, India | |
Investment in technology-enabled enterprises is facilitated by Inoventures. | inoventures.in | Mumbai, India | ||
Provides savings accounts, loans, and digital banking for personal and business financial needs. | 2021 | theunitybank.com | Delhi, India | |
Electrical products for power supply chain are distributed. | 1930 | shreenm.com | Mumbai, India | |
Investment banking advisory services in mergers, acquisitions, and private equity. | 2002 | mosaiccap.com | Mumbai, India | |
| mosaiccapital.com | ||||
KC Ketan Chandrakant Gaikwad | unknown_01681c59c3e34748b | |||
VP Vivek Patel | Angel investor and entrepreneur, focusing on Indian startups in tech and consumer sectors. | unknown_548e476b11044d1da | ||
NG Nitin Gupta | Founder & CEO of Uni Cards, ex-PayU, active angel investor | unknown_dc3d7f9d884947a3a |
Investor details for Artfine
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Board of directors of Arth Padarth Factors And Finance Private Limited (Artfine)
Arth Padarth Factors And Finance Private Limited is the primary company behind Artfine. The boards of the 3 registered companies of Artfine currently have 5 directors; the longest-serving is Tca Arvind Rangarajan, appointed in 2018. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tca Arvind Rangarajan DIN 08227506 | Designated Partner | 21 Dec 2018 | 7 yrs 10 mo | Artfine Advisory Llp, Arth Padarth Factors And Finance Private Limited, Artfine Consultancy Private Limited |
| Saini Rajgopal DIN 08311313 | Designated Partner | 21 Dec 2018 | 7 yrs 10 mo | Artfine Advisory Llp, Arth Padarth Factors And Finance Private Limited, Artfine Consultancy Private Limited |
| Shantanu Bairagi DIN 08311314 | Designated Partner | 21 Dec 2018 | 7 yrs 10 mo | Artfine Advisory Llp |
| Mukesh Pande DIN 09437214 | Director | 04 Feb 2022 | 4 yrs 8 mo | Arth Padarth Factors And Finance Private Limited, Artfine Consultancy Private Limited |
| Srikanth Rajan DIN 10385014 | Director | 05 Jul 2024 | 2 yrs 3 mo | Arth Padarth Factors And Finance Private Limited |
People of Artfine
3 people are tracked at Artfine (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Artfine
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Financials of Artfine
Figures of Arth Padarth Factors And Finance Private Limited, the primary company behind Artfine, for FY 2025. Revenue was ₹3.56 Cr (+64% year on year). Net loss was -₹19.6 Lakh (-6% margin). EBITDA was ₹68.7 Lakh (19% margin). Revenue has grown at a compounded annual rate of +178% over three years.
- ₹3.56 CrRevenue · FY 2025 · +64% YoY
- -₹19.6 LakhNet loss · -6% margin
- ₹68.7 LakhEBITDA · 19% margin
- ₹9.01 CrPaid-up capital
- +178%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Arth Padarth Factors And Finance Private Limited are on its company page.
Detailed financial statements for Artfine
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Artfine
4 dated milestones of Artfine across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Artfine is founded.
- Funding First funding round of $262K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $756K.
Competitors of Artfine
Artfine has 3 listed competitors in our database, 2 of them funded. They include Vayana, Veefin and Receivables Exchange of India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vayana.com | 2009 | Pune, India | $91.94M | Platform for trade credit and supply chain finance is provided. | ||
| veefin.com | 2020 | Mumbai, India | $3M | 25 | SaaS-based supply chain financing solutions are delivered globally. | |
| rxil.in | 2016 | Mumbai, India | 183 | MSME trade receivables are financed via TReDS platform through auctions. |
Detailed competitors of Artfine
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Verified entity values are shown only after access is granted.
Web traffic of Artfine
Websites that share an audience with Artfine (artfine.in).
Websites whose visitors overlap most with Artfine. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details |
Top companies in Alternative Lending
3 companies that operate in the same segment as Artfine (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Artfine
Complete news archive for Artfine
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Frequently Asked Questions about Artfine
Artfine was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Artfine is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Artfine is a funded company, having raised a total of $1.14M across 3 funding rounds to date. The company's 1st funding round was a Seed of $262.3K, raised on Mar 2022.
Artfine has 1 employees.
The primary company behind Artfine, Arth Padarth Factors And Finance Private Limited, reported revenue of ₹3.56 Cr for FY 2025, up 64% year on year.
Artfine was founded in 2018 in Mumbai, India, as a provider of tailored supply chain finance solutions. Services such as vendor finance, dealer finance, receivable factoring, and MSME finance are structured to meet specific client needs in the supply chain sector. Technology is leveraged for implementation, enabling efficient funding for businesses where standard options prove inadequate. Operations focus on the Indian market, supporting complex financial requirements within supply chains.
Artfine's top competitors include Vayana, Veefin and Receivables Exchange of India.
Artfine offers Vendor Finance, Dealer Finance, Receivable Factoring, and MSME Finance.
Artfine has 17 investors. Key investors include Shree nm electricals, Unity Small Finance Bank, AngelBay, Mosaic Capital Services, and Ketan Chandrakant Gaikwad.
The valuation of Artfine is $6.84M as of Mar 2024.
Artfine is associated with 3 legal entities: Arth Padarth Factors And Finance Private Limited, Artfine Advisory Llp, Artfine Consultancy Private Limited.
The legal entities of Artfine currently have 5 directors, including Tca Arvind Rangarajan, Saini Rajgopal, Shantanu Bairagi and others.