Assetify

Bengaluru, India Founded: 2017 • Age: 9 yrs
Asset-backed loans are facilitated for vehicles and financing needs.

About Assetify

Assetify is a company based in Bengaluru (India) founded in 2017 by Haris Padiyath and Arshad Mirza.. Assetify has raised $588.79 thousand across 4 funding rounds from investors including Rehbar Financial Consultants, Imran Mehmood Shaikh and Faisal Bhura.

  • Headquarter Bengaluru, India
  • Founders Haris Padiyath, Arshad Mirza
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ecw Consultants Private Limited
  • Date of Incorporation 10 Jul, 2017
  • Jurisdiction Thammanam, Kerala, India
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $91.72 K (USD)
    40.84
    as on Mar 31, 2023
  • Net Profit
    $9.32 K (USD)
    -57.23
    as on Mar 31, 2023
  • EBITDA
    $39.2 K (USD)
    15.2
    as on Mar 31, 2023
  • Total Equity Funding
    $588.79 K (USD)

    in 4 rounds

  • Latest Funding Round
    $36.99 K (USD), Angel Round

    Feb 28, 2025

  • Investors
  • Employee Count
    Employee Count
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People of Assetify
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Raashid Sherif
Co-founder

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Funding Insights of Assetify

Assetify has successfully raised a total of $588.79K across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $36.99 thousand completed in February 2025. 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 Rounds 4
  • Last Round Angel Round — $36,991
  • First Round

    (26 Mar 2018)

  • Investors Count 49
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2025 Amount Angel Round - Assetify Valuation Afthab Adam Mansoor , Shaik Fahimunnisa Begum
Sep, 2021 Amount Angel Round - Assetify Valuation

investors

Nov, 2020 Amount Seed - Assetify Valuation Arshad Haji Ebrahim Mirza , Imran Mehmood Shaikh
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Assetify

Assetify has secured backing from 49 investors, including angel and institutional investors. Prominent investors backing the company include Rehbar Financial Consultants, Imran Mehmood Shaikh and Faisal Bhura. 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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Sharia-compliant business loan solutions are provided through a dedicated platform.
Founded Year Domain Location

Imran Mehmood Shaikh

-
Founded Year Domain Location

Faisal Bhura

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Assetify

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Assetify

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Assetify Comparisons

Employees
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Competitors of Assetify

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Assetify

Frequently Asked Questions about Assetify

When was Assetify founded?

Assetify was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Assetify located?

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

Is Assetify a funded company?

Assetify is a funded company, having raised a total of $588.79K across 4 funding rounds to date. The company's 1st funding round was a Seed of $368.13K, raised on Mar 26, 2018.

What is the annual revenue of Assetify?

Annual revenue of Assetify is $91.72K as on Mar 31, 2023.

What does Assetify do?

Founded in 2017 and based in Bengaluru, India, operations are conducted in the financial services sector with a focus on asset-backed loans. Financing is extended for passenger vehicles, two-wheelers, and commercial vehicles through a digital platform that supports streamlined loan applications. Services are available to both salaried and self-employed individuals across relevant asset categories.

Who are Assetify's investors?

Assetify has 49 investors. Key investors include Rehbar Financial Consultants, Imran Mehmood Shaikh, Faisal Bhura, Ilyas Ahmed Gargaswari Siraju, and Syed Ajmal.

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