About Falcon
Falcon is a company based in Gurugram (India) founded in 2012 by Chinmaya Desai, Prabhtej Singh Bhatia, and Priyanka Kanwar. It operates as a FinTech. Falcon has raised $9.2 million across 3 funding rounds from investors including Angel List, LetsVenture and Stonks. The company has 47 employees as of April 08, 2024. Falcon offers products and services including Banking Infrastructure. Falcon operates in a competitive market with competitors including Zeta, M2P Fintech, Prime Trust, NeoKred and AuthBridge, among others.
- Headquarter Gurugram, India
- Employees 47 as on 08 Apr, 2024
- Founders Chinmaya Desai, Prabhtej Singh Bhatia, Priyanka Kanwar
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name India Innovation Incorporation Private Limited
- Date of Incorporation 04 Dec, 2012
- Jurisdiction Raipur, Chattisgarh, India
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Annual Revenue
$5.11 M (USD)2002.99as on Mar 31, 2023
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Net Profit
$-1.33 M (USD)-54.46as on Mar 31, 2023
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EBITDA
$-924.23 K (USD)-399.04as on Mar 31, 2023
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Total Equity Funding
$9.2 M (USD)
in 3 rounds
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Latest Funding Round
$4.27 M (USD), Series A
Sep 06, 2024
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Investors
Angel List
& 61 more
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Employee Count
47
as on Apr 08, 2024
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Products & Services of Falcon
Falcon offers a comprehensive portfolio of products and services, including Banking Infrastructure. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Banking infrastructure solutions are provided for simplified operations.
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Funding Insights of Falcon
Falcon has successfully raised a total of $9.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.27 million completed in September 2024. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $4.3M
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First Round
First Round
(08 Nov 2021)
- Investors Count 62
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Falcon | Valuation | Singularity Capital | |
| Dec, 2022 | Amount | Seed - Falcon | Valuation | Twisha Nilesh Patel , Rishabh Harshad Kumar Patel | |
| Nov, 2021 | Amount | Seed - Falcon | Valuation | FZM Opportunities |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Falcon
Falcon has secured backing from 62 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, LetsVenture and Stonks. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investing in early-stage innovations and providing venture capital access through a diversified approach.
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Founded Year | Domain | Location | |
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Early-stage tech ventures in the US and Asia are funded.
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Founded Year | Domain | Location | |
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Seed-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Falcon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Falcon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Falcon Comparisons
Competitors of Falcon
Falcon 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 Zeta, M2P Fintech, Prime Trust, NeoKred and AuthBridge, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment and banking solutions are provided to users and banks.
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| domain | founded_year | HQ Location |
Banking, lending, and payment solutions are provided via custom APIs.
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Provider of open banking and payment infrastructure for digital finance solutions
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Falcon
Frequently Asked Questions about Falcon
When was Falcon founded?
Falcon was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Where is Falcon located?
Falcon is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Falcon?
Priyanka Kanwar is the current CEO of Falcon. They have also founded this company.
Is Falcon a funded company?
Falcon is a funded company, having raised a total of $9.2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.44M, raised on Nov 08, 2021.
How many employees does Falcon have?
As of Apr 08, 2024, the latest employee count at Falcon is 47.
What is the annual revenue of Falcon?
Annual revenue of Falcon is $5.11M as on Mar 31, 2023.
What does Falcon do?
Banking infrastructure solutions are provided by Falcon to simplify operations within the financial sector. Services are focused on streamlining banking processes and enhancing technological integration for financial institutions. Support is extended to various banking operations through innovative solutions.
Who are the top competitors of Falcon?
Falcon's top competitors include Zeta, M2P Fintech and NeoKred.
What products or services does Falcon offer?
Falcon offers Banking Infrastructure.
Who are Falcon's investors?
Falcon has 62 investors. Key investors include Angel List, LetsVenture, Stonks, KIFS Trade Capital, and Mauryan Capital.
What is Falcon's valuation?
The valuation of Falcon is $41.73M as of Sep 2024.
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