About Assetify
Assetify is a Financial Services company based in Bengaluru (India) founded in 2017 by Haris Padiyath and Arshad Mirza. It operates as an asset-backed loans are facilitated for vehicles and financing needs. Assetify has raised $588.79 thousand across 4 funding rounds from investors including Rehbar Financial Consultants, Imran Mehmood Shaikh and Faisal Bhura. Its Indian entity Ecw Consultants Private Limited reported revenue of ₹1.98 Cr. Its focus areas include Asset Finance, Vehicles and Diversified.
Company details
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.
- Headquarters Bengaluru, India
- Founders Haris Padiyath, Arshad Mirza
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website assetify.in
- Social LinkedIn X Facebook
- Legal Name Ecw Consultants Private Limited
- Date of Incorporation 10 Jul, 2017
- Jurisdiction Thammanam, Kerala, India
- Annual Revenue₹1.98 Cr
FY 2025 · +87% YoY
- Net Profit₹1.3 Lakh
FY 2025 · 1% margin
- EBITDA₹1.04 Cr
FY 2025 · 53% margin
- Total Equity Funding$588.79K (USD)
in 4 rounds
- Latest Funding Round$36.99K (USD), Angel Round
Feb 2025
- InvestorsRehbar Financial Consultants
& 48 more
Associated legal entities of Assetify
Assetify operates through Ecw Consultants Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ecw Consultants Private Limited CIN U93090KL2017PTC049704 | Active | 10 Jul 2017 | Thammanam, Kerala | ₹2.0 Cr | – | 3 | View details |
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 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 $588,791
- Total Rounds 4
- Last Round Angel Round — $36,991
- First Round $159,284
(Mar 2018)
- Investors Count 49
All 4 funding rounds of Assetify 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 |
|---|---|---|---|---|---|
| Feb 2025 | $36,991 | Angel Round | – | Afthab Adam Mansoor, Shaik Fahimunnisa Begum | |
| Sep 2021 | $24,382 | Angel Round | – | – | |
| Nov 2020 | $368,134 | Seed | – | Arshad Haji Ebrahim Mirza, Imran Mehmood Shaikh | |
| Mar 2018 | $159,284 | Seed | – | Imran Mehmood Shaikh, Faisal Bhura |
49 investors in total: 1 institutional and 48 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sharia-compliant business loan solutions are provided through a dedicated platform. | 2013 | rehbar.co.in | Bengaluru, India | |
IM Imran Mehmood Shaikh | - | – | unknown_b410338d233d43739 | - |
FB Faisal Bhura | - | – | unknown_70b128c6aa9d4d10a | - |
IA Ilyas Ahmed Gargaswari Siraju | - | – | unknown_090f556911194d7fa | - |
SA Syed Ajmal | - | – | unknown_3847e7ea12d5465fb | - |
KK Kolliyil Kunji Mohamed Hyder | - | – | unknown_ab6c1e984b9f40ac9 | - |
ST Shahoo Ta | - | – | unknown_6a708714d3504c5fa | - |
RY Rajna Yasmin Tharayil | - | – | unknown_258d65be684041c6b | - |
AK Abdul Khader Kareem | - | – | unknown_77d156e52eaa4ef39 | - |
MJ Mohammed Jarood Musthafa | - | – | unknown_7c1632a429de46949 | - |
Investor details for Assetify
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ecw Consultants Private Limited (Assetify)
Ecw Consultants Private Limited is the primary company behind Assetify. The board of Ecw Consultants Private Limited currently have 3 directors; the longest-serving is Mohamed Haris, appointed in 2017. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohamed Haris DIN 07610580 | Managing Director | 10 Jul 2017 | 9 yrs 3 mo | Ecw Consultants Private Limited |
| Arshad Haji Ebrahim Mirza DIN 08024536 | Director | 16 Dec 2017 | 8 yrs 10 mo | Ecw Consultants Private Limited |
| Ashrafulla DIN 08693801 | Director | 17 Feb 2020 | 6 yrs 8 mo | Ecw Consultants Private Limited |
People of Assetify
3 people are tracked at Assetify (3 in leadership).
| Name | Role | Group |
|---|---|---|
Haris Padiyath | Co-Founder & Managing Director | Leadership |
| Co-Founder | Leadership | |
Raashid Sherif | Co-founder | Leadership |
Complete people profiles for Assetify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Assetify
Figures of Ecw Consultants Private Limited, the primary company behind Assetify, for FY 2025. Revenue was ₹1.98 Cr (+87% year on year). Net profit was ₹1.3 Lakh (1% margin). EBITDA was ₹1.04 Cr (53% margin). Revenue has grown at a compounded annual rate of +54% over three years and +105% over five years.
- ₹1.98 CrRevenue · FY 2025 · +87% YoY
- ₹1.3 LakhNet profit · 1% margin
- ₹1.04 CrEBITDA · 53% margin
- ₹4.85 CrPaid-up capital
- +54%Revenue CAGR, 3 years
- +105%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ecw Consultants Private Limited are on its company page.
Detailed financial statements for Assetify
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Assetify
3 dated milestones of Assetify across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Assetify is founded.
- Funding First funding round of $159K.
- Funding Latest funding round, Angel Round, of $37K.
Web traffic of Assetify
The website of Assetify (assetify.in) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 4% vs previous month
Top companies in Asset Finance
10 companies that operate in the same segment as Assetify (Asset Finance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle and housing finance products are offered across India. | 2008 | Chennai, Tamil Nadu, India | USD 276.07 M | USD 10.55 M | 14,664 | |
Provider of consumer & SME loans and equipment & vehicle leasing services | 1954 | Chennai, Tamil Nadu, India | – | USD 1.04 B | 6,890 | |
Online B2B rentals of heavy machinery and equipment are facilitated. | 2014 | Mumbai, Maharashtra, India | USD 36.22 M | USD 58.16 M | 36 | |
Aircraft leasing services are provided to airlines worldwide. | 2010 | Los Angeles, California, United States | USD 1.39 B | USD 2.57 B | 165 | |
Railcar leasing services are provided to rail industry clients worldwide. | 1898 | Chicago, Illinois, United States | – | USD 1.74 B | 2,150 | |
Loan transitions are facilitated between lending partners and institutional investors. | 2016 | New York, New York, United States | USD 146.3 M | USD 1.26 B | 553 | |
Insurance brokerage and financial services are provided in Egypt. | 2001 | Cairo, Egypt | USD 56 M | – | – | |
Provider of aircraft leasing services | 2016 | Amsterdam, Netherlands | USD 400 M | – | – | |
Aircraft are leased to airlines worldwide by AerCap. | 1996 | Dublin, Ireland | – | USD 7.42 B | 699 | |
Diversified financial services are provided across multiple sectors. | 1878 | London, England, United Kingdom | – | USD 1.6 B | 4,000 |
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Frequently Asked Questions about Assetify
Assetify was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Assetify is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
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 $159.28K, raised on Mar 2018.
The primary company behind Assetify, Ecw Consultants Private Limited, reported revenue of ₹1.98 Cr for FY 2025, up 87% year on year.
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.
Assetify has 49 investors. Key investors include Rehbar Financial Consultants, Imran Mehmood Shaikh, Faisal Bhura, Ilyas Ahmed Gargaswari Siraju, and Syed Ajmal.
Assetify operates through Ecw Consultants Private Limited.
The legal entities of Assetify currently have 3 directors, including Arshad Haji Ebrahim Mirza, Ashrafulla, Mohamed Haris.