About Finac
Finac is a Technology company based in Jabalpur (India) founded in 2021. Cloud-based accounting software for inventory and billing management. Its website finac.io draws about 25 thousand monthly visits. Its Indian entity Akssai Projexel Private Limited reported revenue of ₹5.14 Cr. Finac offers products and services including Invoicing, GST Management, Document Management, Job Tracker, and Reporting. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay.
Company details
Finac was founded in 2021 and is based in Jabalpur, India. Cloud-based solutions are provided by the company for accounting needs, including inventory tracking, billing, bookkeeping, invoice handling, financial reporting, expense approvals, payroll management, document storage, and workflow automation. Operations focus on the fintech sector, serving businesses with integrated tools for financial oversight and administrative efficiency.
- Annual Revenue₹5.14 Cr
FY 2025 · +102% YoY
- Net Profit₹9.9 Lakh
FY 2025 · 2% margin
- EBITDA₹41.5 Lakh
FY 2025 · 8% margin
Associated legal entities of Finac
Finac operates through Akssai Projexel 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 |
|---|---|---|---|---|---|---|---|
| Akssai Projexel Private Limited CIN U74999MP2018PTC046660 | Active | 21 Sep 2018 | Jabalpur, Madhya Pradesh | ₹5.1 Cr | 3 | View details |
Products & Services of Finac
Finac offers a comprehensive portfolio of products and services, including Invoicing, GST Management, Document Management, Job Tracker, and Reporting.
Tool for creating, managing, and sending invoices to customers.
Platform for handling GST filings and ensuring regulatory compliance.
System to store, search, and secure business documents efficiently.
Feature to track tasks, deadlines, and progress in real-time.
Tools for generating financial reports and KPI tracking.
Application to track and report business expenses quickly.
Board of directors of Akssai Projexel Private Limited (Finac)
Akssai Projexel Private Limited is the primary company behind Finac. The board of Akssai Projexel Private Limited currently have 3 directors; the longest-serving is Nidhi Sharma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nidhi Sharma DIN 08053070 | Director | 21 Sep 2018 | 8 yrs 1 mo | Akssai Projexel Private Limited |
| Ashok Sharma Kumar DIN 08235392 | Director | 21 Sep 2018 | 8 yrs 1 mo | Akssai Projexel Private Limited |
| Anil Kumar Sharma DIN 07995611 | Director | 11 Aug 2020 | 6 yrs 2 mo | Akssai Projexel Private Limited |
Financials of Finac
Figures of Akssai Projexel Private Limited, the primary company behind Finac, for FY 2025. Revenue was ₹5.14 Cr (+102% year on year). Net profit was ₹9.9 Lakh (2% margin). EBITDA was ₹41.5 Lakh (8% margin). Revenue has grown at a compounded annual rate of +58% over three years and +146% over five years.
- ₹5.14 CrRevenue · FY 2025 · +102% YoY
- ₹9.9 LakhNet profit · 2% margin
- ₹41.5 LakhEBITDA · 8% margin
- ₹10 LakhPaid-up capital
- +58%Revenue CAGR, 3 years
- +146%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Akssai Projexel Private Limited are on its company page.
Detailed financial statements for Finac
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Finac
The website of Finac (finac.io) receives about 24.8K visits a month.
- Monthly visits24.8K
▲ 688.6% vs previous month
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Frequently Asked Questions about Finac
Finac was founded in 2021.
Finac is headquartered in Jabalpur, India. It is registered at Jabalpur, Madhya Pradesh, India.
The primary company behind Finac, Akssai Projexel Private Limited, reported revenue of ₹5.14 Cr for FY 2025, up 102% year on year.
Finac was founded in 2021 and is based in Jabalpur, India. Cloud-based solutions are provided by the company for accounting needs, including inventory tracking, billing, bookkeeping, invoice handling, financial reporting, expense approvals, payroll management, document storage, and workflow automation. Operations focus on the fintech sector, serving businesses with integrated tools for financial oversight and administrative efficiency.
Finac offers Invoicing, GST Management, Document Management, Job Tracker, and 2 more products and services.
Finac operates through Akssai Projexel Private Limited.
The legal entities of Finac currently have 3 directors, including Nidhi Sharma, Ashok Sharma Kumar, Anil Kumar Sharma.