About Finakon
Finakon is a Financial Services company based in Hyderabad (India) founded in 2018. It provides real-time digital audit solutions for banks, NBFCs, and regulators. It operates on a SaaS and B2B model. Its Indian entity Finakon Technologies Private Limited reported revenue of ₹1.50 Cr. Finakon offers products and services including BaaS, SuperWise, BaaS Risk Based Audit, and BaaS Operational Risk Management. Its focus areas include FinTech, Audit and Compliance, Risk Management and Digital Audit. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Finakon Technologies offers comprehensive real-time digital audit platforms that automate the entire audit lifecycle, including planning, execution, rating, and closure. It serves financial institutions such as banks, NBFCs, housing finance companies, and regulators by enhancing efficiency and reducing risks. Based in Hyderabad, India, the company focuses on cloud-based solutions to streamline operations for its clients in the finance sector.
- Headquarters Hyderabad, India
- SectorsFinancial Services
- Email••••••••
- Website finakon.in
- Social LinkedIn
- Legal Name Finakon Technologies Private Limited
- Date of Incorporation 06 Aug, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.50 Cr
FY 2025 · -26% YoY
- Net Profit₹1.5 Lakh
FY 2025 · 1% margin
- EBITDA₹4.8 Lakh
FY 2025 · 3% margin
Associated legal entities of Finakon
Finakon operates through Finakon Technologies 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 |
|---|---|---|---|---|---|---|---|
| Finakon Technologies Private Limited CIN U72900TG2018PTC126040 | Active | 06 Aug 2018 | Hyderabad, Telangana | ₹1.5 Cr | 2 | View details |
Products & Services of Finakon
Finakon offers a comprehensive portfolio of products and services, including BaaS, SuperWise, BaaS Risk Based Audit, and BaaS Operational Risk Management.
Automates audit lifecycle for financial institutions
Manages operational risks for banks and NBFCs
Facilitates risk-based audit processes
Handles operational risk in finance sectors
Board of directors of Finakon Technologies Private Limited (Finakon)
Finakon Technologies Private Limited is the primary company behind Finakon. The board of Finakon Technologies Private Limited currently have 2 directors; the longest-serving is Ravi Kumar Tatavarthy, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Kumar Tatavarthy DIN 08194607 | Director | 06 Aug 2018 | 8 yrs 2 mo | Finakon Technologies Private Limited |
| Bala Vamsi Tatavarthy DIN 07075937 | Director | 06 Aug 2018 | 8 yrs 2 mo | Finakon Technologies Private Limited |
Financials of Finakon
Figures of Finakon Technologies Private Limited, the primary company behind Finakon, for FY 2025. Revenue was ₹1.50 Cr (-26% year on year). Net profit was ₹1.5 Lakh (1% margin). EBITDA was ₹4.8 Lakh (3% margin). Revenue has grown at a compounded annual rate of +51% over three years and +150% over five years.
- ₹1.50 CrRevenue · FY 2025 · -26% YoY
- ₹1.5 LakhNet profit · 1% margin
- ₹4.8 LakhEBITDA · 3% margin
- ₹21 LakhPaid-up capital
- +51%Revenue CAGR, 3 years
- +150%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Finakon Technologies Private Limited are on its company page.
Detailed financial statements for Finakon
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.
Competitors of Finakon
Finakon has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Finakon
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Finakon
The website of Finakon (finakon.in) receives about 3.7K visits a month.
- Monthly visits3.7K
▼ 14.9% vs previous month
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Frequently Asked Questions about Finakon
Finakon was founded in 2018.
Finakon is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Finakon, Finakon Technologies Private Limited, reported revenue of ₹1.50 Cr for FY 2025, down 26% year on year.
Finakon Technologies offers comprehensive real-time digital audit platforms that automate the entire audit lifecycle, including planning, execution, rating, and closure. It serves financial institutions such as banks, NBFCs, housing finance companies, and regulators by enhancing efficiency and reducing risks. Based in Hyderabad, India, the company focuses on cloud-based solutions to streamline operations for its clients in the finance sector.
Finakon's top competitors include Happiest Minds and Datamatics.
Finakon offers BaaS, SuperWise, BaaS Risk Based Audit, and BaaS Operational Risk Management.
Finakon operates through Finakon Technologies Private Limited.
The legal entities of Finakon currently have 2 directors, including Ravi Kumar Tatavarthy, Bala Vamsi Tatavarthy.