About FincFriends
FincFriends is a Financial Services company based in Gurugram (India) founded in 2017 by Abhishek Bajaj, Dmitry Kobzar, and Nikolay Zubtsov. Unsecured digital loans are provided to underserved consumers. FincFriends has raised $8.6 million across 8 funding rounds from investors including InCred, Western Capital and IBL Finance. The company has 1 employees. Its website fincfriends.com draws about 12 thousand monthly visits. Its Indian entity Fincfriends Private Limited reported revenue of ₹754 Cr. Its focus areas include Consumer and SME Loans, Consumer Loans, Personal Loans and Internet-First. Its competitors include axio, Finnable and PayMeIndia; 3 of its 3 listed competitors have raised funding.
Company details
FincFriends was founded in 2017 in Gurugram, India, as a non-deposit taking non-banking financial company in the fintech sector. Short-term personal loans are offered through a fully digital process, including online applications, real-time underwriting with alternative data and analytics, and instant disbursements to borrowers bank accounts. No collateral is required, with services targeted at underserved customers.
- Headquarters Gurugram, India
- Employees 1
- Founders Abhishek Bajaj, Dmitry Kobzar, Nikolay Zubtsov
- SectorsFinancial Services
- Email••••••••
- Website fincfriends.com
- Social LinkedIn Facebook
- Legal Name Fincfriends Private Limited
- Date of Incorporation 26 Apr, 2017
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹754 Cr
FY 2025 · +118% YoY
- Net Profit₹60.58 Cr
FY 2025 · 8% margin
- EBITDA₹97.53 Cr
FY 2025 · 13% margin
- Total Equity Funding$8.6M (USD)
in 8 rounds
- Latest Funding Round$34.74M (USD), Debt – Conventional
Nov 2025
- InvestorsInCred
& 8 more
- Employee Count1
Associated legal entities of FincFriends
FincFriends is associated with 2 registered companies on The Company Check; the primary company is Fincfriends Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fincfriends Private Limited CIN U65929HR2017FTC135958 | Active | 26 Apr 2017 | Gurgaon, Haryana | ₹754 Cr | 69 | 4 | View details |
| Fincfriends Private Limited CIN U65929KA2017FTC102604 | 26 Apr 2017 | Bengaluru, Karnataka, India | View details |
Funding Insights of FincFriends
FincFriends has successfully raised a total of $8.6M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $34.74 million completed in November 2025. 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 $8.6M
- Total Rounds 8
- Last Round Debt – Conventional — $34.74M
- First Round $1M
(Jan 2022)
- Investors Count 9
All 8 funding rounds of FincFriends with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $34.74M | Debt – Conventional | – | Grow Money Capital | – |
| Jul 2025 | $11.5M | Debt – Conventional | – | – | |
| Apr 2024 | $2M | Series A | – | – | |
| Apr 2024 | $5.8M | Debt – Conventional | – | – | |
| Apr 2024 | $2M | Series A | – | – | – |
| Jul 2023 | $3.5M | Series A | – | – | |
| Sep 2022 | $1.1M | Seed | – | Digital Finance | – |
| Jan 2022 | $1M | Debt – Conventional | – | – |
9 investors in total: 9 institutional.
Investors in FincFriends
FincFriends has secured backing from 9 investors, including institutional investors. Prominent investors backing the company include InCred, Western Capital and IBL Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| apvmanagement.tcc.mode | ||||
Financial services are provided, specializing in personal and business loans. | 2016 | incred.com | Mumbai, India | |
Offers loan services for property, education, and business needs. | 2022 | growmoneycapital.com | Delhi, India | |
Online lending services are facilitated through a digital platform. | digitalfinance.com | Moscow, Russia | ||
Diversified lending services are offered as a non-banking financial institution. | eclearleasing.com | Delhi, India | ||
Offers comprehensive financial solutions for stock broking and investment services. | 1995 | pacefin.com | Delhi, India | |
Provides comprehensive solutions for consumer loans. | 2019 | westerncap.in | Mumbai, India | |
Personal loans are facilitated via an Android app platform. | 2017 | iblfinance.in | Surat, India | |
Diversified consumer loans are provided to various customer segments. | 1984 | realtouchfinance.com | Howrah, India |
Investor details for FincFriends
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Fincfriends Private Limited (FincFriends)
Fincfriends Private Limited is the primary company behind FincFriends. The board of Fincfriends Private Limited currently have 4 directors; the longest-serving is Dmitry Kislyakov, appointed in 2019. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dmitry Kislyakov DIN 08377020 | Director | 28 Jun 2019 | 7 yrs 3 mo | Fincfriends Private Limited |
| Sergey Yadchenko DIN 08378444 | Director | 27 Dec 2019 | 6 yrs 9 mo | Fincfriends Private Limited |
| Vijay Dhingra DIN 01617643 | Director | 05 Mar 2025 | 1 yr 7 mo | Fincfriends Private Limited |
| Jagdish Prasad DIN 01653669 | Additional Director | 10 Dec 2025 | 10 mo | Fincfriends Private Limited |
People of FincFriends
4 people are tracked at FincFriends (4 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Artem Andreev | Chief Executive Officer | Leadership |
Complete people profiles for FincFriends
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of FincFriends
Figures of Fincfriends Private Limited, the primary company behind FincFriends, for FY 2025. Revenue was ₹754 Cr (+118% year on year). Net profit was ₹60.58 Cr (8% margin). EBITDA was ₹97.53 Cr (13% margin). Revenue has grown at a compounded annual rate of +134% over three years and +85% over five years.
- ₹754 CrRevenue · FY 2025 · +118% YoY
- ₹60.58 CrNet profit · 8% margin
- ₹97.53 CrEBITDA · 13% margin
- ₹9.90 CrPaid-up capital
- 69Employees (provident fund records)
- +134%Revenue CAGR, 3 years
- +85%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fincfriends Private Limited are on its company page.
Detailed financial statements for FincFriends
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of FincFriends
3 dated milestones of FincFriends across 8 years, from founding to its latest funding, stage changes and deals.
- Founded FincFriends is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Debt – Conventional, of $34.7M.
Competitors of FincFriends
FincFriends has 3 listed competitors in our database, 3 of them funded. They include axio, Finnable and PayMeIndia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axio.co.in | 2013 | Bengaluru, India | $205.92M | 499 | An online lending platform for point-of-sale financing is provided. | |
| finnable.com | 2015 | Bengaluru, India | $33.9M | 1,409 | Online personal loans with minimal documentation are offered digitally. | |
| paymeindia.in | 2016 | Noida, India | $2M | 552 | Developer of an online marketplace for personal loans |
Detailed competitors of FincFriends
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of FincFriends
The website of FincFriends (fincfriends.com) receives about 11.7K visits a month.
- Monthly visits11.7K
▲ 118.6% vs previous month
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as FincFriends (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Related news about Fincfriends
Complete news archive for FincFriends
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Frequently Asked Questions about FincFriends
FincFriends was founded in 2017 and raised its 1st funding round 5 years after it was founded.
FincFriends is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
FincFriends is a funded company, having raised a total of $8.6M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1M, raised on Jan 2022.
FincFriends has 1 employees.
The primary company behind FincFriends, Fincfriends Private Limited, reported revenue of ₹754 Cr for FY 2025, up 118% year on year.
FincFriends was founded in 2017 in Gurugram, India, as a non-deposit taking non-banking financial company in the fintech sector. Short-term personal loans are offered through a fully digital process, including online applications, real-time underwriting with alternative data and analytics, and instant disbursements to borrowers bank accounts. No collateral is required, with services targeted at underserved customers.
FincFriends's top competitors include axio, Finnable and PayMeIndia.
FincFriends has 9 investors. Key investors include InCred, Western Capital, IBL Finance, Pace Stock Broking Services, and Real Touch Finance.
FincFriends operates through Fincfriends Private Limited.
The legal entities of FincFriends currently have 4 directors, including Jagdish Prasad, Sergey Yadchenko, Dmitry Kislyakov and others.