About axiTrust
axiTrust is a Financial Services company based in Gurugram (India) founded in 2024 by Mukund Daga, Rajeev Chari, and Aditya Tulsian. Surety bonds are facilitated for MSMEs via a technology platform. axiTrust has raised $2.59 million across 1 funding round from investors including Angel List, Infinyte Club and India Accelerator. axiTrust was last valued at $12.87 million in February 2025. Its chief executive, as recorded, is Aditya Tulsian. Its Indian entity Axitrust Private Limited reported revenue of ₹2.9 Lakh. Its focus areas include FinTech, Internet First Insurance Platforms, Internet First Insurers and P&C.
Company details
axiTrust was established in 2024 in Gurugram, India, within the financial services sector. A digital platform is provided to micro, small, and medium-sized enterprises, allowing surety bonds to be obtained efficiently. Technology integration and consulting services are employed to streamline the application and issuance processes. Operations center on supporting MSMEs with accessible bonding solutions across India.
- Headquarters Gurugram, India
- Founders Mukund Daga, Rajeev Chari, Aditya Tulsian
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website axitrust.com
- Social LinkedIn
- Legal Name Axitrust Private Limited
- Date of Incorporation 01 Aug, 2024
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹2.9 Lakh
FY 2025
- Net Loss-₹1.04 Cr
FY 2025 · -3603% margin
- EBITDA-₹1.36 Cr
FY 2025 · -4702% margin
- Total Equity Funding$2.59M (USD)
in 1 rounds
- Latest Funding Round$2.59M (USD), Seed
Feb 2025
- InvestorsAngel List
& 16 more
Associated legal entities of axiTrust
axiTrust operates through Axitrust 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 |
|---|---|---|---|---|---|---|---|
| Axitrust Private Limited CIN U62013HR2024PTC123846 | Active | 01 Aug 2024 | Gurgaon, Haryana | ₹0.0 Cr | 2 | View details |
Funding Insights of axiTrust
axiTrust has successfully raised a total of $2.59M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.59 million 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 $2.59M
- Total Rounds 1
- Last Round Seed — $2.59M
- First Round $2.59M
(Feb 2025)
- Investors Count 17
All 1 funding rounds of axiTrust 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 | $2.59M | Seed | $12.87M | General Catalyst |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2025 | $12.87M | •••••••• |
Last known valuation $12.87M (Feb 2025). 17 investors in total: 10 institutional and 7 angel.
Investors in axiTrust
axiTrust has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Infinyte Club and India Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Angel network focused on the fintech sector | 2020 | yatraangelnetwork.com | Mumbai, India | |
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
Angel investing and mentorship for early-stage startups in India. | 2022 | realtimeaf.com | Jaipur, India | |
Seed to series A startups receive investments from Good Capital. | goodcapital.vc | Delhi, India | ||
Venture capital firm focused on tech companies and real estate firm | tsmventures.net | Austin, United States | ||
Venture capital investments and guidance for early-stage startups in technology and ecommerce sectors. | 2023 | veltiscapital.com | Mumbai, India | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Private market investment access and ESOP management solutions are provided. | 2021 | infinyte.club | Bengaluru, India | |
| rltpartner.tcc.mode |
Investor details for axiTrust
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Axitrust Private Limited (axiTrust)
Axitrust Private Limited is the primary company behind axiTrust. The board of Axitrust Private Limited currently have 2 directors; the longest-serving is Rajeev Chari, appointed in 2024.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajeev Chari DIN 06619375 | Director | 01 Aug 2024 | 2 yrs 2 mo | Axitrust Private Limited |
| Aditya Tulsian DIN 03178921 | Director | 01 Aug 2024 | 2 yrs 2 mo | Axitrust Private Limited |
People of axiTrust
5 people are tracked at axiTrust (5 in leadership).
| Name | Role | Group |
|---|---|---|
Mukund Daga | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Avishant Kumar | Head - Customer Success | Leadership |
Nitesh A. | Head - Strategic Initiatives & Partnerships | Leadership |
Complete people profiles for axiTrust
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 axiTrust
Figures of Axitrust Private Limited, the primary company behind axiTrust, for FY 2025. Revenue was ₹2.9 Lakh. Net loss was -₹1.04 Cr (-3603% margin). EBITDA was -₹1.36 Cr (-4702% margin).
- ₹2.9 LakhRevenue · FY 2025
- -₹1.04 CrNet loss · -3603% margin
- -₹1.36 CrEBITDA · -4702% margin
- ₹4 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Axitrust Private Limited are on its company page.
Detailed financial statements for axiTrust
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of axiTrust
3 dated milestones of axiTrust across 1 years, from founding to its latest funding, stage changes and deals.
- Founded axiTrust is founded.
- Funding First funding round of $2.6M.
- Milestone Reaches Minicorn status.
Web traffic of axiTrust
The website of axiTrust (axitrust.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 26.3% vs previous month
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as axiTrust (Insurance & Risk Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | USD 15.24 B | 126 |
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Related news about Axitrust
Complete news archive for axiTrust
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Frequently Asked Questions about axiTrust
axiTrust was founded in 2024 and raised its 1st funding round 1 year after it was founded.
axiTrust is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Aditya Tulsian is the CEO of axiTrust, as recorded in our data. They have also founded this company.
axiTrust is a funded company, having raised a total of $2.59M across 1 funding round to date. The company's 1st funding round was a Seed of $2.59M, raised on Feb 2025.
The primary company behind axiTrust, Axitrust Private Limited, reported revenue of ₹2.9 Lakh for FY 2025.
axiTrust was established in 2024 in Gurugram, India, within the financial services sector. A digital platform is provided to micro, small, and medium-sized enterprises, allowing surety bonds to be obtained efficiently. Technology integration and consulting services are employed to streamline the application and issuance processes. Operations center on supporting MSMEs with accessible bonding solutions across India.
axiTrust has 17 investors. Key investors include Angel List, Infinyte Club, India Accelerator, Yatra Angel Network, and Real Time Accelerator Fund.
The valuation of axiTrust is $12.87M as of Feb 2025.
axiTrust operates through Axitrust Private Limited.
The legal entities of axiTrust currently have 2 directors, including Rajeev Chari, Aditya Tulsian.