Artoo

Bengaluru, India Founded: 2010 • Age: 16 yrs
Provider of software for MSME lending
Annual revenue $3,282 Latest available
Total funding $550,000 2 rounds
Employees 4 Tracked headcount
Investors 5 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Artoo

Artoo is a company based in Bengaluru (India) founded in 2010. Artoo has raised $550 thousand across 2 funding rounds from investors including Accion, Villgro and Artha Platform. The company has 4 employees as of March 23, 2024. Artoo offers products and services including Artoo Software Platform. Artoo operates in a competitive market with competitors including Perfios, Hyperface, Ascend Capital, Cloud Lending and Arthmate, among others.

  • Headquarter Bengaluru, India
  • Employees 4 as on 23 Mar, 2024
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Artoo It Solutions Private Limited
  • Date of Incorporation 18 Aug, 2010
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.28 K (USD)
    -97.57
    as on Mar 31, 2022
  • Net Profit
    $45.98 (USD)
    100.04
    as on Mar 31, 2022
  • EBITDA
    -$38.75 (USD)
    99.97
    as on Mar 31, 2022
  • Total Equity Funding
    $550 K (USD)

    in 2 rounds

  • Latest Funding Round
    $500 K (USD), Series A

    Mar 25, 2015

  • Investors
    Accion

    & 4 more

  • Employee Count
    4

    as on Mar 23, 2024

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Products & Services of Artoo

Artoo offers a comprehensive portfolio of products and services, including Artoo Software Platform.

Product name locked
Category locked
Primary

Enables lenders to serve MSME borrowers with limited digital footprints

Funding Insights of Artoo

Artoo has successfully raised a total of $550K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in March 2015. 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 Artoo

Artoo has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accion, Villgro and Artha Platform.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Incubation of social enterprises in climate-smart agriculture, healthcare, and climate action sectors.
Locked Locked Locked
Foundation focused on early-stage investments in fintech sector
Locked Locked Locked
Business consulting services are provided by Artha.
Locked Locked Locked
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Investments & Acquisitions by Artoo

Investments
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Investment portfolio details for Artoo

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Financial Statements - Artoo

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Detailed financials for Artoo

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Artoo Comparisons

Artoo Primary company
Description
Provider of software for MSME lending
Location
Bengaluru, India
Founded Year
2010
Annual Revenue
$3.28 K (USD)
Net Profit
$45.98 (USD)
EBITDA
-$38.75 (USD)
Employees
4
As of 2024
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Peer comparison for Artoo

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Competitors of Artoo

Artoo 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 Perfios, Hyperface, Ascend Capital, Cloud Lending and Arthmate, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provides financial technology solutions for data analysis and verification globally.
Locked Locked Locked
Provider of platform for launching and managing credit card programs
Locked Locked Locked
Provider of financing solutions for electric vehicles
Locked Locked Locked
A cloud-based lending platform is provided for financial institutions.
Locked Locked Locked
Provider of digital lending solutions and embedded finance services for SMEs and financial institutions
Locked Locked Locked
Provider of a platform for lending as a service management
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Detailed competitors of Artoo

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Latest news on Artoo

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Complete news archive for Artoo

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Frequently Asked Questions about Artoo

Artoo was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Artoo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Artoo is a funded company, having raised a total of $550K across 2 funding rounds to date.

As of Mar 23, 2024, the latest employee count at Artoo is 4.

Annual revenue of Artoo is $3.28K as on Mar 31, 2022.

Artoo was founded in 2010 in Bengaluru, India, as a provider of software platforms in the fintech sector focused on microfinance and small business lending. The platform is deployed to field agents for direct loan origination and management, targeting borrowers with limited digital access. Operations are streamlined to address challenges in serving underserved populations through efficient credit processing tools.

Artoo's top competitors include Perfios, Niro and Ascend Capital.

Artoo offers Artoo Software Platform.

Artoo has 5 investors. Key investors include Accion, Villgro, Artha Platform, Naval Bir Kumar, and The Mauritius Leasing Company.

The valuation of Artoo is $1.91M as of Mar 2015.

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