
About Findeed
Findeed is a company based in Bengaluru (India) founded in 2019 by Srividhya Ramarathnam. Findeed has raised $784.25 thousand across 2 funding rounds from investors including Wellfound, Venture Highway VC and Anicut Capital. Findeed operates in a competitive market with competitors including Epimoney, Kredivo Holdings, IndiaLends, Tala and PaySense, among others.
- Headquarter Bengaluru, India
- Founders Srividhya Ramarathnam
- Stage Minicorn
- SectorsFinancial Services
- Website findeed.in
- Social LinkedIn
- Legal Name Findeed Solutions Private Limited
- Date of Incorporation 29 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹53.5 Lakh
FY 2023 · -56% YoY
- Net Loss-₹3.23 Cr
FY 2023 · -604% margin
- EBITDA-₹2.82 Cr
FY 2023 · -528% margin
- Total Equity Funding$784.25K (USD)
in 2 rounds
- Latest Funding Round$646.23K (USD), Seed
Mar 2021
- InvestorsWellfound
& 7 more
Associated legal entities of Findeed
Findeed operates through Findeed Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Findeed Solutions Private Limited CIN U74999KA2019PTC126602 | Active | 29 Jul 2019 | Bangalore, Karnataka | ₹0.5 Cr | – | 2 | View details |
Funding Insights of Findeed
Findeed has successfully raised a total of $784.25K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $646.23 thousand completed in March 2021. 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 $784,252
- Total Rounds 2
- Last Round Seed β $646,233
- First Round $138,019
(Mar 2020)
- Investors Count 8
All 2 funding rounds of Findeed 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 |
|---|---|---|---|---|---|
| Mar 2021 | $646,233 | Seed | $2.74M | Venture Highway | |
| Mar 2020 | $138,019 | Seed | $6.19M | REDBROOK |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $2.74M | β’β’β’β’β’β’β’β’ |
| Mar 2020 | $6.19M | β’β’β’β’β’β’β’β’ |
Last known valuation $2.74M (Mar 2021). 8 investors in total: 5 institutional and 3 angel.
Investors in Findeed
Findeed has secured backing from 8 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Wellfound, Venture Highway VC and Anicut Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in fintech, retail, and healthtech sectors. | 2015 | venturehighway.vc | Delhi, India | |
Early-stage investment and support services for startups in technology and e-commerce sectors. | 2018 | firstcheque.vc | Mumbai, India | |
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
- | – | redbrookpte.tcc.mode | - | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
VA Vijay Anand | Angel investor, startup mentor, and founder of The Startup Centre | – | unknown_fa11bf07914746fba | - |
SR Srividhya Ramarathnam | Angel investor and advisor, focused on early-stage Indian startups | – | unknown_13580f5a294448588 | - |
SS Sriram Shankar | Angel investor and tech entrepreneur, co-founder of Ninjacart, focused on agritech | – | unknown_6da2eadaeb204d26a | - |
Investor details for Findeed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Findeed Solutions Private Limited (Findeed)
Findeed Solutions Private Limited is the primary company behind Findeed. The board of Findeed Solutions Private Limited currently have 2 directors; the longest-serving is Srividhya Ramarathnam, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srividhya Ramarathnam DIN 08522729 | Director | 29 Jul 2019 | 7 yrs 2 mo | Findeed Solutions Private Limited |
| Sriram Shankar DIN 08565294 | Director | 20 Feb 2020 | 6 yrs 7 mo | Findeed Solutions Private Limited |
People of Findeed
1 people are tracked at Findeed (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Findeed
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 Findeed
Figures of Findeed Solutions Private Limited, the primary company behind Findeed, for FY 2023. Revenue was ₹53.5 Lakh (-56% year on year). Net loss was -₹3.23 Cr (-604% margin). EBITDA was -₹2.82 Cr (-528% margin). Revenue has grown at a compounded annual rate of +330% over three years.
- ₹53.5 LakhRevenue · FY 2023 · -56% YoY
- -₹3.23 CrNet loss · -604% margin
- -₹2.82 CrEBITDA · -528% margin
- ₹16.8 LakhPaid-up capital
- +330%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Findeed Solutions Private Limited are on its company page.
Detailed financial statements for Findeed
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.
Timeline of Findeed
4 dated milestones of Findeed across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Findeed is founded.
- Funding First funding round of $138K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $646K.
Competitors of Findeed
Findeed 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 Epimoney, Kredivo Holdings, IndiaLends, Tala and PaySense, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| epimoney.in | 1995 | Chennai, India | $36.84M | 623 | Consumer and business loans are facilitated via an online platform. | |
| kredivocorp.com | 2015 | Jakarta, Indonesia | $660M | – | A consumer lending platform for financial applications is provided. | |
| indialends.com | 2014 | Gurugram, India | $30.11M | 221 | Online platform providing loans and credit cards from various financial institutions | |
| tala.co | 2011 | Santa Monica, United States | $347.7M | 40 | Fintech services for credit, savings, and payments are delivered globally. | |
| gopaysense.com | 2015 | Mumbai, India | $34.1M | 239 | Online platform for consumer loans | |
| i2ifunding.com | 2015 | Noida, India | $934,120 | 33 | Borrowers are connected with investors through P2P lending services. | |
| trillionloan.com | 2018 | Mumbai, India | $529,762 | 104 | Gold loans are facilitated via an online consumer marketplace. | |
| lendbox.in | 2015 | Delhi, India | $3.05M | 33 | Lendbox is operated as a peer-to-peer lending platform in India. |
Detailed competitors of Findeed
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 Findeed
10 companies that operate in the same segment as Findeed (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Findeed
Findeed was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Findeed is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Findeed is a funded company, having raised a total of $784.25K across 2 funding rounds to date. The company's 1st funding round was a Seed of $138.02K, raised on Mar 2020.
The primary company behind Findeed, Findeed Solutions Private Limited, reported revenue of βΉ53.5 Lakh for FY 2023, down 56% year on year.
Findeed was established in 2019 in Bengaluru, India, as an online marketplace in the fintech sector. Personal loans, education loans, and similar products are sourced from multiple lenders, with approvals based on credit assessments. Access is enabled via an Android app, supporting operations across the country.
Findeed's top competitors include Kredivo Holdings, Epimoney and PaySense.
Findeed has 8 investors. Key investors include Wellfound, Venture Highway VC, Anicut Capital, First Cheque, and Vijay Anand.
The valuation of Findeed is $2.74M as of Mar 2021.
Findeed operates through Findeed Solutions Private Limited.
The legal entities of Findeed currently have 2 directors, including Srividhya Ramarathnam, Sriram Shankar.