About Arthmate
Arthmate is a Financial Services company based in Gurugram (India) founded in 2020 by Ranjan Kant. The company has 172 employees. Its chief executive, as recorded, is Vivek Kanwar. Its Indian entity Arthmate Financing India Private Limited reported revenue of ₹132 Cr. Its focus areas include FinTech, Alternative Lending, Enablers and Lending-as-a-service. Its competitors include Perfios, Hyperface and Ascend Capital; 3 of its 3 listed competitors have raised funding.
Company details
Provider of digital lending solutions and embedded finance services for SMEs and financial institutions. It offers a suite of cloud-based financial services, enabling on-demand deployment of credit and lending technology. Services include a credit exchange platform with customizable loan products, microservices-enabled APIs for digital lending, and advanced analytics-based risk management tools. The platform supports various lending models, including P2P lending and co-lending with banks and NBFCs. Solutions are tailored for digital platforms, SME anchors, banks, NBFCs, fintechs, and auto OEMsdealers, facilitating quick loan disbursement and precise risk underwriting.
- Headquarters Gurugram, India
- Employees 172
- Founders Ranjan Kant
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website arthmate.com
- Social LinkedIn
- Legal Name Arthmate Financing India Private Limited
- Date of Incorporation 14 Jul, 1994
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹132 Cr
FY 2023 · +37% YoY
- Net Profit₹5.53 Cr
FY 2023 · 4% margin
- EBITDA₹40.50 Cr
FY 2023 · 31% margin
- Investors
- Employee Count172
Associated legal entities of Arthmate
Arthmate is associated with 3 registered companies on The Company Check; the primary company is Arthmate Financing India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Arthmate Financing India Private Limited CIN U23209WB1994PTC063940 | Active | 14 Jul 1994 | Kolkata, West Bengal | ₹132 Cr | 105 | 5 | View details |
| Bgm And M Llp CIN ACA-4484 | Active | 05 Apr 2023 | Raniganj Mc, West Bengal | 2 | View details | ||
| Arthmatetech Private Limited CIN U74990WB2020PTC242146 | Active | 22 Dec 2020 | Kolkata, West Bengal | ₹221 Cr | 76 | 3 | View details |
Funding Insights of Arthmate
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Arthmate 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 |
|---|---|---|---|---|---|
| Dec 2020 | Seed | – | BharatPe | – |
1 investors in total: 1 institutional.
Investors in Arthmate
Arthmate has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BharatPe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | bharatpe.com | Gurugram, India |
Investor details for Arthmate
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Board of directors of Arthmate Financing India Private Limited (Arthmate)
Arthmate Financing India Private Limited is the primary company behind Arthmate. The boards of the 3 registered companies of Arthmate currently have 5 directors; the longest-serving is Baljeet Kaur, appointed in 2021. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Baljeet Kaur DIN 08430395 | Director | 15 Dec 2021 | 4 yrs 10 mo | Arthmatetech Private Limited, Arthmate Financing India Private Limited |
| Chanakya Chirag Agarwal DIN 05136288 | Designated Partner | 05 Apr 2023 | 3 yrs 6 mo | Bgm And M Llp, Arthmatetech Private Limited, Arthmate Financing India Private Limited |
| Biswajit Ghosh DIN 02925089 | Designated Partner | 05 Apr 2023 | 3 yrs 6 mo | Bgm And M Llp |
| Lakhan Singh DIN 10201487 | Director | 27 Oct 2025 | 1 yr | Arthmate Financing India Private Limited |
| Mohammed Khalid DIN 11383502 | Director | 09 Dec 2025 | 10 mo | Arthmate Financing India Private Limited |
People of Arthmate
3 people are tracked at Arthmate (3 in leadership); the tracked headcount is 172.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Vivek Kanwar | CEO | Leadership |
Kanwar Vivek | CEO | Leadership |
Complete people profiles for Arthmate
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Financials of Arthmate
Figures of Arthmate Financing India Private Limited, the primary company behind Arthmate, for FY 2023. Revenue was ₹132 Cr (+37% year on year). Net profit was ₹5.53 Cr (4% margin). EBITDA was ₹40.50 Cr (31% margin). Revenue has grown at a compounded annual rate of +821% over three years and +381% over five years.
- ₹132 CrRevenue · FY 2023 · +37% YoY
- ₹5.53 CrNet profit · 4% margin
- ₹40.50 CrEBITDA · 31% margin
- ₹65.20 CrPaid-up capital
- 105Employees (provident fund records)
- +821%Revenue CAGR, 3 years
- +381%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Arthmate Financing India Private Limited are on its company page.
Detailed financial statements for Arthmate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Arthmate
2 dated milestones of Arthmate, from founding to its latest funding, stage changes and deals.
- Founded Arthmate is founded.
- Funding First funding round.
Competitors of Arthmate
Arthmate has 3 listed competitors in our database, 3 of them funded. They include Perfios, Hyperface and Ascend Capital.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| hyperface.co | 2021 | Bengaluru, India | $10.3M | 91 | Provider of platform for launching and managing credit card programs | |
| ascendcap.in | 2018 | Jaipur, India | $6.02M | 263 | Provider of financing solutions for electric vehicles |
Detailed competitors of Arthmate
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Web traffic of Arthmate
The website of Arthmate (arthmate.com) receives about 3.8K visits a month.
- Monthly visits3.8K
▲ 81.8% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Arthmate (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 Arthmate
Complete news archive for Arthmate
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Frequently Asked Questions about Arthmate
Arthmate was founded in 2020.
Arthmate is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Vivek Kanwar is the CEO of Arthmate, as recorded in our data.
Arthmate has 172 employees.
The primary company behind Arthmate, Arthmate Financing India Private Limited, reported revenue of ₹132 Cr for FY 2023, up 37% year on year.
Provider of digital lending solutions and embedded finance services for SMEs and financial institutions. It offers a suite of cloud-based financial services, enabling on-demand deployment of credit and lending technology. Services include a credit exchange platform with customizable loan products, microservices-enabled APIs for digital lending, and advanced analytics-based risk management tools. The platform supports various lending models, including P2P lending and co-lending with banks and NBFCs. Solutions are tailored for digital platforms, SME anchors, banks, NBFCs, fintechs, and auto OEMsdealers, facilitating quick loan disbursement and precise risk underwriting.
Arthmate's top competitors include Perfios, Ascend Capital and Hyperface.
Arthmate has 1 investor. Key investors include BharatPe.
Arthmate is associated with 3 legal entities: Arthmate Financing India Private Limited, Bgm And M Llp, Arthmatetech Private Limited.
The legal entities of Arthmate currently have 7 directors, including Chanakya Chirag Agarwal, Biswajit Ghosh, Baljeet Kaur and others.