About Finaskus
Finaskus is a company based in Bengaluru (India) founded in 2015 by Amar Choudhary and Mohit Singh. It operates as a B2C. Finaskus operates in a competitive market with competitors including Kristal, Wahed, FundExpert, Elever and Orowealth, among others.
- Headquarter Bengaluru, India
- Founders Amar Choudhary, Mohit Singh
- SectorsFinancial Services
- Website finaskus.com
- Social X
- Legal Name Finaskus Technologies Private Limited
- Date of Incorporation 18 Nov, 2015
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹7,480
FY 2021 · -55% YoY
- Net Loss-₹37.9 Lakh
FY 2021 · -50696% margin
- EBITDA-₹37.9 Lakh
FY 2021 · -50683% margin
Associated legal entities of Finaskus
Finaskus operates through Finaskus Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finaskus Technologies Private Limited CIN U74900WB2015PTC229332 | Strike Off | 18 Nov 2015 | Kolkata, West Bengal | ₹0.0 Cr | – | 2 | View details |
Board of directors of Finaskus Technologies Private Limited (Finaskus)
Finaskus Technologies Private Limited is the primary company behind Finaskus. The board of Finaskus Technologies Private Limited currently have 2 directors; the longest-serving is Piyush Malhotra, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Piyush Malhotra DIN 06667884 | Director | 25 Apr 2019 | 7 yrs 5 mo | Finaskus Technologies Private Limited |
| Bimal Sarawgi DIN 00621541 | Additional Director | 01 Mar 2022 | 4 yrs 7 mo | Finaskus Technologies Private Limited |
People of Finaskus
2 people are tracked at Finaskus (2 in leadership).
| Name | Role | Group |
|---|---|---|
| ex-Co-Founder | Leadership | |
Mohit Singh | Co-Founder | Leadership |
Complete people profiles for Finaskus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Finaskus
Figures of Finaskus Technologies Private Limited, the primary company behind Finaskus, for FY 2021. Revenue was ₹7,480 (-55% year on year). Net loss was -₹37.9 Lakh (-50696% margin). EBITDA was -₹37.9 Lakh (-50683% margin). Revenue has grown at a compounded annual rate of -60% over three years.
- ₹7,480Revenue · FY 2021 · -55% YoY
- -₹37.9 LakhNet loss · -50696% margin
- -₹37.9 LakhEBITDA · -50683% margin
- ₹1.2 LakhPaid-up capital
- -60%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Finaskus Technologies Private Limited are on its company page.
Detailed financial statements for Finaskus
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 Finaskus
Finaskus 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 Kristal, Wahed, FundExpert, Elever and Orowealth, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kristal.ai | 2016 | Singapore | $19.1M | 42 | AI-based asset management is offered for individual investors. | |
| wahed.com | 2017 | New York, United States | $95M | – | Shariah-compliant investments and savings are offered to individuals. | |
| fundexpert.in | 2016 | Bengaluru, India | $88,816 | 4,379 | Automated mutual fund investing platform | |
| elever.app | 2020 | Bengaluru, India | $4.76M | 12 | Goal-based investments are enabled via an app-based platform. | |
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. | |
| goalwise.com | 2015 | Delhi, India | $1M | 4 | Goal-based investing platform | |
| reliancesmartmoney.com | 2005 | Mumbai, India | – | 1 | Provider of online platform for trading stocks, mutual funds, and insurance | |
| finbingo.com | 2017 | Mumbai, India | $3.72M | 58 | AI-based robo advisor & financial advisory platform | |
| wealthapp.com | 2016 | Bengaluru, India | $610,625 | – | Algorithm-driven investment advisory services are offered via mobile app. |
Detailed competitors of Finaskus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Finaskus
10 companies that operate in the same segment as Finaskus (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Finaskus
Finaskus was founded in 2015.
Finaskus is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Finaskus, Finaskus Technologies Private Limited, reported revenue of ₹7,480 for FY 2021, down 55% year on year.
Finaskus a mobile-first robo-advisor providing financial guidance, focusing on finance, fintech, robo-advisory, and mobile financial services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Finaskus's top competitors include Kristal, Wahed and FundExpert.
Finaskus operates through Finaskus Technologies Private Limited.
The legal entities of Finaskus currently have 2 directors, including Bimal Sarawgi, Piyush Malhotra.