Davinta

Bengaluru, India Founded: 2018 • Age: 8 yrs Minicorn
Supply chain finance platform provided to brands, distributors, and retailers.
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About Davinta

Davinta is a Financial Services company based in Bengaluru (India) founded in 2018 by Raj Vattikuti. Supply chain finance platform provided to brands, distributors, and retailers. Davinta has raised $826.13 thousand across 1 funding round. Davinta was last valued at $17.06 million in July 2020. Its chief executive, as recorded, is Chandrashekhar Iyer. Its Indian entity Davinta Financial Services Private Limited reported revenue of ₹3.48 Cr. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include FlexiLoans, Bizongo and Clix Capital; 3 of its 3 listed competitors have raised funding.

Company details

Davinta was founded in 2018 in Bengaluru, India, within the supply chain finance sector. A platform is offered to brands, distributors, and retailers, featuring integrated data analytics for operational oversight. Custom credit programs are enabled for businesses and partners, supporting promotions and payment processes. Operations are managed through a unified interface with analytics on sales and payments. Trade partners access digital onboarding, automated underwriting, and immediate credit release.

Operational Areas
Financial Services → Alternative Lending
Key Metrics
  • Annual Revenue
    ₹3.48 Cr

    FY 2025 · -3% YoY

  • Net Loss
    -₹17.92 Cr

    FY 2025 · -514% margin

  • EBITDA
    -₹16.30 Cr

    FY 2025 · -468% margin

  • Total Equity Funding
    $826.13K (USD)

    in 1 rounds

  • Latest Funding Round
    $826.13K (USD), Seed

    Jul 2020

Apps and channels of Davinta

Davinta publishes 1 mobile app with over 1K+ downloads.

Davinta
Google Play Finance Everyone Free 1K+ downloads
Developer: Davinta Financial Services Private Limited
View on Google Play

Funding Insights of Davinta

Davinta has successfully raised a total of $826.13K through 1 strategic funding round. The most recent funding activity was a Seed round of $826.13 thousand completed in July 2020. 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 $826,131
  • Total Rounds 1
  • Last Round Seed — $826,131
  • First Round $826,131

    (Jul 2020)

All 1 funding rounds of Davinta with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$826,131Seed$17.06M–
–
Valuation history
DateValuationStage
Jul 2020$17.06M••••••••

Last known valuation $17.06M (Jul 2020).

Board of directors of Davinta Financial Services Private Limited (Davinta)

Davinta Financial Services Private Limited is the primary company behind Davinta. The boards of the 2 registered companies of Davinta currently have 4 directors; the longest-serving is Ashwini Mehra, appointed in 2020. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashwini Mehra
DIN 07084178
Director28 Oct 20206 yrsDavinta Finserv Private Limited, Davinta Financial Services Private Limited
Ravindra Babu Garikipati
DIN 00984163
Director28 Oct 20206 yrsDavinta Finserv Private Limited
Joseph Neri
DIN 06417812
Director28 Oct 20206 yrsDavinta Finserv Private Limited, Davinta Financial Services Private Limited
Gopal Desikan Chakravarthy
DIN 01558455
Director13 May 20233 yrs 5 moDavinta Financial Services Private Limited

People of Davinta

19 people are tracked at Davinta (10 in leadership, 9 in team).

NameRoleGroup
Raj Vattikuti
Co-FounderLeadership
Chandrashekhar Iyer
Chief Executive OfficerLeadership
Chandra Prakash Joshi, MBA,CFA(ICFAI),MFA
Zonal HeadLeadership
Hemant Raj Karan
Head of CollectionsLeadership
Palaniappan Kathiresan
Head Of EngineeringLeadership
Sheeba Simon
Head HRLeadership
Bhaskar Saha
Zonal HeadLeadership
Minesh Thaker
Head - Business Operations / OperationsLeadership
satya prasad
Head credit and riskLeadership
Satheesh K
Head of FinanceLeadership
Poojari Venkatesh
Regional Credit ManagerTeam
Aruna Manivannan
Chartered AccountantTeam
Pavankumar Mavatkar
Associate financeTeam
Rituraj Dutta
All things businessTeam
Kumar Ajeet
Senior Software EngineerTeam
Shailesh jain
Senior Software EngineerTeam
ANURAG CHOUDHARY
Sales Manager-MSMETeam
Jeevan Paudel
Credit Risk ManagementTeam
Jitendra P
Principal Product ManagerTeam
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Complete people profiles for Davinta

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Financials of Davinta

Figures of Davinta Financial Services Private Limited, the primary company behind Davinta, for FY 2025. Revenue was ₹3.48 Cr (-3% year on year). Net loss was -₹17.92 Cr (-514% margin). EBITDA was -₹16.30 Cr (-468% margin). Revenue has grown at a compounded annual rate of -20% over three years and -3% over five years.

  • ₹3.48 CrRevenue · FY 2025 · -3% YoY
  • -₹17.92 CrNet loss · -514% margin
  • -₹16.30 CrEBITDA · -468% margin
  • ₹65.86 CrPaid-up capital
  • 52Employees (provident fund records)
  • -20%Revenue CAGR, 3 years
  • -3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Davinta Financial Services Private Limited are on its company page.

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Detailed financial statements for Davinta

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Davinta

3 dated milestones of Davinta across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Davinta is founded.
  2. Funding First funding round of $826K.
  3. Milestone Reaches Minicorn status.

Competitors of Davinta

Davinta has 3 listed competitors in our database, 3 of them funded. They include FlexiLoans, Bizongo and Clix Capital.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
FlexiLoans
flexiloans.com2016Mumbai, India$96.88M624
Business loans and financial products for MSMEs are provided.
Bizongo
bizongo.com2015Mumbai, India$257.08M94
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
Clix Capital
clix.capital2016Gurugram, India$69.52M1,742
Lending platform for consumers and businesses is provided.
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Detailed competitors of Davinta

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Top companies in Alternative Lending

3 companies that operate in the same segment as Davinta (Alternative Lending) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
BharatPe
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 589.25 MUSD 179.52 M3,670
Square Yards
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
InCred
Financial services are provided, specializing in personal and business loans.
2016Mumbai, Maharashtra, IndiaUSD 320.39 MUSD 106.45 M2,161
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Related news about Davinta

Flipkart Wholesale launches enhanced credit facilities for MSMEs
In • 5 years ago
AI-based Digital Financial Services Platform Davinta Named a Winner at the Global 'Inclusive Fintech 50 2020' Event
Newsvoir • 6 years ago
Abhik Santara’s atom network wins branding and creative mandate for Davinta Financial Services
Bestmediainfo • 6 years ago
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Complete news archive for Davinta

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Frequently Asked Questions about Davinta

Davinta was founded in 2018 and raised its 1st funding round 2 years after it was founded.

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

Chandrashekhar Iyer is the CEO of Davinta, as recorded in our data.

Davinta is a funded company, having raised a total of $826.13K across 1 funding round to date. The company's 1st funding round was a Seed of $826.13K, raised on Jul 2020.

The primary company behind Davinta, Davinta Financial Services Private Limited, reported revenue of ₹3.48 Cr for FY 2025, down 3% year on year.

Davinta was founded in 2018 in Bengaluru, India, within the supply chain finance sector. A platform is offered to brands, distributors, and retailers, featuring integrated data analytics for operational oversight. Custom credit programs are enabled for businesses and partners, supporting promotions and payment processes. Operations are managed through a unified interface with analytics on sales and payments. Trade partners access digital onboarding, automated underwriting, and immediate credit release.

Davinta's top competitors include FlexiLoans, Bizongo and Clix Capital.

The valuation of Davinta is $17.06M as of Jul 2020.

Davinta is associated with 2 legal entities: Davinta Financial Services Private Limited, Davinta Finserv Private Limited.

The legal entities of Davinta currently have 6 directors, including Ashwini Mehra, Ravindra Babu Garikipati, Joseph Neri and others.

Yes. Davinta publishes Davinta, with over 1,000 downloads.

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