ECW

Bengaluru, India Founded: 2017 • Age: 9 yrs Minicorn
Operates a digital marketplace for vehicle loans and financing.

About ECW

ECW is a company based in Bengaluru (India) founded in 2017 by Haris Padiyath and Raashid Sherif. It operates as a B2C. ECW has raised $547.17 thousand across 3 funding rounds from investors including Rehbar Financial Consultants, Raheela Haq and Rasnal Ali. ECW operates in a competitive market with competitors including Clix Capital, InCred, DMI Finance, Niyogin and Credit Fair, among others.

  • Headquarter Bengaluru, India
  • Founders Haris Padiyath, Raashid Sherif
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website ecarworld.in
  • Social LinkedIn X
  • Legal Name Ecw Consultants Pvt. Ltd.
  • Date of Incorporation 10 Jul, 2017
  • Jurisdiction Thammanam, Kerala, India
Key Metrics
  • 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
    $547.17K (USD)

    in 3 rounds

  • Latest Funding Round
    $24.38K (USD), Angel Round

    Sep 2021

  • Investors

Funding Insights of ECW

ECW has successfully raised a total of $547.17K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $24.38 thousand completed in September 2021. 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 $547,168
  • Total Rounds 3
  • Last Round Angel Round β€” $24,382
  • First Round $159,604

    (Mar 2018)

  • Investors Count 44

All 3 funding rounds of ECW with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$24,382Angel Round$1.08MMohammed Abdul Khader
Nov 2020$363,182Seed$1.01MRehbar Financial Consultants
Mar 2018$159,604Seed$β€’β€’β€’β€’β€’Rehbar Financial Consultants
Valuation history
DateValuationStage
Sep 2021$1.08Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2020$1.01Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.08M (Sep 2021). 44 investors in total: 1 institutional and 43 angel.

Investors in ECW

ECW has secured backing from 44 investors, including angel and institutional investors. Prominent investors backing the company include Rehbar Financial Consultants, Raheela Haq and Rasnal Ali.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Sharia-compliant business loan solutions are provided through a dedicated platform.
2013rehbar.co.inBengaluru, India

Raheela Haq

-
–unknown_fe5bf2da753c4e04b-

Rasnal Ali

-
–unknown_a034c51cb4014a868-

Abdul Jabbar Cheeroth Kurungote

-
–unknown_8905d7b1fd7242969-

Mohammed Abdul Khader

-
–unknown_290eff38f9ce4b7ab-

Arshad Haji Ebrahim Mirza

-
–unknown_9cbfb64b0ee74fe5b-

Imran Mehmood Shaikh

-
–unknown_014a57a59ce14a729-

Mohamed Shuaib

-
–unknown_69e26a9cf2c94acab-

Shajid Salih

-
–unknown_343d3374170f4f118-

Ilyas Ahmed Gargaswari Siraju

-
–unknown_1b53fa6f7e2b48abb-
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Investor details for ECW

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Board of directors of Ecw Consultants Private Limited (ECW)

Ecw Consultants Private Limited is the primary company behind ECW. 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.

DirectorDesignationAppointedTenureEntity
Mohamed Haris
DIN 07610580
Managing Director10 Jul 20179 yrs 2 moEcw Consultants Private Limited
Arshad Haji Ebrahim Mirza
DIN 08024536
Director16 Dec 20178 yrs 9 moEcw Consultants Private Limited
Ashrafulla
DIN 08693801
Director17 Feb 20206 yrs 7 moEcw Consultants Private Limited

People of ECW

2 people are tracked at ECW (2 in leadership).

NameRoleGroup
Haris Padiyath
Co-Founder, Managing DirectorLeadership
Co-Founder, CEOLeadership
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Financials of ECW

Figures of Ecw Consultants Private Limited, the primary company behind ECW, 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.

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Detailed financial statements for ECW

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

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  • Downloads

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Timeline of ECW

4 dated milestones of ECW across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded ECW is founded.
  2. Funding First funding round of $160K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $24K.

Competitors of ECW

ECW 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 Clix Capital, InCred, DMI Finance, Niyogin and Credit Fair, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
clix.capital2016Gurugram, India$69.52M1,742
Lending platform for consumers and businesses is provided.
incred.com2016Mumbai, India$317.55M2,161
Financial services are provided, specializing in personal and business loans.
dmifinance.in2008Delhi, India$734M1,054
Personal, MSME, consumption, and EV loans are provided digitally.
niyogin.com1988Mumbai, India–93
Online lending marketplace for business loans
creditfair.in2018Mumbai, India$26.81M291
Solar financing solutions are provided by Credit Fair in India.
ushafinancial.com2006Delhi, India$12.45M41
NBFC offering loans to entrepreneurs, MSMEs, and individuals
knabfinance.com2015Bengaluru, India$8.2M58
Technology-driven lending solutions are provided to small and medium enterprises.
monedo.in2017Mumbai, India$9.2M116
Monedo is engaged in providing diverse financial lending solutions.
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Detailed competitors of ECW

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  • Full competitor set
  • Operating metrics
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Similar companies to ECW

10 companies that operate in the same segment as ECW (Real Estate Financing & Investment Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Early-stage startup ecosystem is supported by Venture Catalysts in India.
2015Mumbai, Maharashtra, India–USD 3.32 M–
An online platform focused on mutual fund investments for users.
2018Mumbai, Maharashtra, India–USD 11.33 M422
Yadnya functions as an online investment management platform.
2016Pune, Maharashtra, India–USD 500.09 K12
A platform for buying and selling unlisted shares securely.
2019Delhi, Delhi, India–USD 14.84 M19
Operates a digital hub for alternative investments in various projects.
–Chennai, Tamil Nadu, India––1,121
Crowdfunded real estate investment community
2021Columbus, Ohio, United StatesUSD 2.74 M––
Operates a digital hub for investing in mutual funds and managing portfolios.
2016Mumbai, Maharashtra, IndiaUSD 17.36 KUSD 5 K–
Operates an online platform for real estate investments targeted at investors.
2019Hyderabad, Telangana, India–USD 72.14 K–
Platform for fractional investment in commercial properties and earning rental yields.
2019Mumbai, Maharashtra, India–USD 60.121
Art collectibles are traded via an online investment platform.
2021Reno, Nevada, United StatesUSD 5.55 M––
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Frequently Asked Questions about ECW

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

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

Raashid Sherif is the current CEO of ECW. They have also founded this company.

ECW is a funded company, having raised a total of $547.17K across 3 funding rounds to date. The company's 1st funding round was a Seed of $159.6K, raised on Mar 2018.

The primary company behind ECW, Ecw Consultants Private Limited, reported revenue of β‚Ή1.98 Cr for FY 2025, up 87% year on year.

ECW operates a digital marketplace for vehicle loans and financing through finance, facilitating loans and financing, vehicle loans, and digital marketplace. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

ECW's top competitors include InCred, Clix Capital and Usha Financial.

ECW has 44 investors. Key investors include Rehbar Financial Consultants, Raheela Haq, Rasnal Ali, Abdul Jabbar Cheeroth Kurungote, and Mohammed Abdul Khader.

The valuation of ECW is $1.08M as of Sep 2021.

ECW operates through Ecw Consultants Private Limited.

The legal entities of ECW currently have 3 directors, including Arshad Haji Ebrahim Mirza, Ashrafulla, Mohamed Haris.

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