About FinAGG
FinAGG is a company based in Noida (India) founded in 2020 by Srinivasan R and Nipun Kohli.. FinAGG has raised $15.26 million across 3 funding rounds from investors including Tata Capital, SIDBI and BlueOrchard. FinAGG operates in a competitive market with competitors including KredX, Cashflo, Shengye Capital, BillMart and Falcon Invoice Discounting, among others.
- Headquarter Noida, India
- Founders Srinivasan R, Nipun Kohli
- 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.26 M (USD)
in 3 rounds
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Latest Funding Round
$11 M (USD), Series A
Jan 16, 2024
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Investors
Tata Capital
& 6 more
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Employee Count
Employee Count
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Funding Insights of FinAGG
FinAGG has successfully raised a total of $15.26M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in January 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 — $11.0M
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First Round
First Round
(02 Dec 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - FinAGG | Valuation | BlueOrchard , Tata Capital | |
| Aug, 2022 | Amount | Seed - FinAGG | Valuation | BLinC Invest | |
| Dec, 2020 | Amount | Seed - FinAGG | Valuation |
investors |
| 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 FinAGG
FinAGG has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Tata Capital, SIDBI and BlueOrchard. 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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Debt and equity investments are managed by this private fund.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Investments in EdTech and FinTech sectors with a focus on technology-driven growth.
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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 FinAGG
| 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 - FinAGG
| 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 |
Finagg Comparisons
Competitors of FinAGG
FinAGG 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, Cashflo, Shengye Capital, BillMart and Falcon Invoice Discounting, 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 |
Supply chain finance solutions and automation tools are provided.
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| domain | founded_year | HQ Location |
Provider of accounts payable automation, payment, compliance, and vendor management software
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| domain | founded_year | HQ Location |
Supply chain financing is facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Provider of digital bill discounting and trade finance solutions for MSMEs and corporates
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| domain | founded_year | HQ Location |
Online P2P invoice discounting and financing platform for businesses
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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 Finagg
Frequently Asked Questions about FinAGG
When was FinAGG founded?
FinAGG was founded in 2020.
Where is FinAGG located?
FinAGG is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is FinAGG a funded company?
FinAGG is a funded company, having raised a total of $15.26M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.26M, raised on Dec 02, 2020.
What does FinAGG do?
FinAGG was founded in 2020 in Noida, India, within the financial services sector. Invoice-based financing is offered to micro, small, and medium enterprises to support working capital needs. Services include invoice financing, stock now pay later options, and supply chain finance. A platform is utilized for client onboarding, revolving credit disbursement, and repayment processes. Digital pathways are employed for loan disbursement, complemented by phygital methods for origination and collection.
Who are the top competitors of FinAGG?
FinAGG's top competitors include KredX, BillMart and Falcon Invoice Discounting.
Who are FinAGG's investors?
FinAGG has 7 investors. Key investors include Tata Capital, SIDBI, BlueOrchard, InsuResilience Investment Fund, and BLinC Invest.
What is FinAGG's valuation?
The valuation of FinAGG is $39.12M as of Jan 2024.
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