Canopi

Bengaluru, India Founded: 2016 • Age: 10 yrs
Platform offering invoice discounting platform
Annual revenue $90,755 Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Canopi

Canopi is a company based in Bengaluru (India) founded in 2016 by Prabal Krishna. Canopi operates in a competitive market with competitors including KredX, Vayana, Cashflo, CredAble and Falcon Invoice Discounting, among others.

  • Headquarter Bengaluru, India
  • Founders Prabal Krishna
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Canopi India Private Limited
  • Date of Incorporation 14 Sep, 2017
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $90.75 K (USD)
    -47.65
    as on Mar 31, 2023
  • Net Profit
    -$717.39 K (USD)
    -725.62
    as on Mar 31, 2023
  • EBITDA
    -$735.17 K (USD)
    -957.65
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Funding Insights of Canopi

Investors in Canopi

Canopi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Startupbootcamp.

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Venture Fund
Investor Description Founded Year Domain Location
Tech focused global accelerator firm
Locked Locked Locked
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Investor details for Canopi

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Investments & Acquisitions by Canopi

Investments
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Investment portfolio details for Canopi

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Financial Statements - Canopi

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Detailed financials for Canopi

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Canopi Comparisons

Canopi Primary company
Description
Platform offering invoice discounting platform
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$90.75 K (USD)
Net Profit
-$717.39 K (USD)
EBITDA
-$735.17 K (USD)
Employees
Not available
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Peer comparison for Canopi

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Competitors of Canopi

Canopi 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 KredX, Vayana, Cashflo, CredAble and Falcon Invoice Discounting, among others.

Company Name Domain Founded year HQ Location Description
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Supply chain finance solutions and automation tools are provided.
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Platform for trade credit and supply chain finance is provided.
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Provider of accounts payable automation, payment, compliance, and vendor management software
Locked Locked Locked
Provider of working capital and supply chain finance solutions for businesses
Locked Locked Locked
Online P2P invoice discounting and financing platform for businesses
Locked Locked Locked
Provider of digital bill discounting and trade finance solutions for MSMEs and corporates
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Detailed competitors of Canopi

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Latest news on Canopi

India Health Link partners with Canopi
Biospectrumindia4 years ago
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Complete news archive for Canopi

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Frequently Asked Questions about Canopi

Canopi was founded in 2016 and raised its 1st funding round 1 year after it was founded.

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

Annual revenue of Canopi is $90.75K as on Mar 31, 2023.

Canopi was founded in 2016 in Bengaluru, India, as a fintech platform focused on invoice discounting. An online service is operated where small businesses can access unsecured loans for working capital by leveraging their unpaid invoices. The platform facilitates quick funding without collateral requirements, targeting the needs of SMEs in the Indian market for efficient cash flow management.

Canopi's top competitors include CredAble, Vayana and KredX.

Canopi has 1 investor. Key investors include Startupbootcamp.

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