
About Finequs
Finequs is a Financial Services company based in Chennai (India) founded in 2019 by Krishnan Vaidyanathan. Online marketplace offering diversified loans to consumers and businesses. Finequs has raised $2.29 million across 5 funding rounds from investors including Opus Technologies, Aparna Kumar and Mamta Gambhir. The company has 55 employees. Finequs was last valued at $6.29 million in November 2022. Its chief executive, as recorded, is Krishnan Vaidyanathan. Its Indian entity Finconvenio Services Private Limited reported revenue of βΉ60.5 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Diversified. Its competitors include IndiaLends, Epimoney and i2i; 2 of its 3 listed competitors have raised funding.
Company details
Finequs was founded in 2019 in Chennai, India, within the fintech sector. An online platform is operated to connect lenders and borrowers for various loan types, including personal, business, home, car, gold, education, and asset-backed options. Credit cards, insurance, and related financial products are also facilitated. Algorithms and risk decision workflows are utilized to assess applications and enable disbursements.
- Headquarters Chennai, India
- Employees 55
- Founders Krishnan Vaidyanathan
- Stage Minicorn
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website finequs.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Finconvenio Services Private Limited
- Date of Incorporation 29 Aug, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹60.5 Lakh
FY 2025 · -70% YoY
- Net Loss-₹3.38 Cr
FY 2025 · -558% margin
- EBITDA-₹2.55 Cr
FY 2025 · -421% margin
- Total Equity Funding$2.29M (USD)
in 5 rounds
- Latest Funding Round$1.5M (USD), Seed
Nov 2022
- InvestorsOpus Technologies
& 3 more
- Employee Count55
Associated legal entities of Finequs
Finequs operates through Finconvenio Services 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 |
|---|---|---|---|---|---|---|---|
| Finconvenio Services Private Limited CIN U66220TN2019PTC131354 | Active | 29 Aug 2019 | Chennai, Tamil Nadu | ₹0.6 Cr | 55 | 2 | View details |
Apps and channels of Finequs
its YouTube channel Finequs has 311 subscribers and 21 videos.
Videos from Finequs
The most watched videos on Finequs's YouTube channel, Finequs (311 subscribers). Click a video to play it here.
More on Finequs.
Funding Insights of Finequs
Finequs has successfully raised a total of $2.29M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in November 2022. 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 $2.29M
- Total Rounds 5
- Last Round Seed β $1.5M
- First Round $199,616
(Oct 2019)
- Investors Count 4
All 5 funding rounds of Finequs 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 2022 | $1.5M | Seed | $6.29M | β | |
| Aug 2022 | $49,895 | Seed | $4.08M | β | β |
| Jan 2022 | $269,422 | Seed | $β’β’β’β’β’ | Aparna Kumar, Mamta Gambhir | |
| Mar 2021 | $267,689 | Seed | $β’β’β’β’β’ | Mamta Gambhir, Aparna Kumar | |
| Oct 2019 | $199,616 | Seed | $β’β’β’β’β’ | Aparna Kumar, Mamta Gambhir |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2022 | $6.29M | β’β’β’β’β’β’β’β’ |
| Aug 2022 | $4.08M | β’β’β’β’β’β’β’β’ |
| Jan 2022 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| Mar 2021 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of Finequs
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.29M (Nov 2022). 4 investors in total: 1 institutional and 3 angel.
Investors in Finequs
Finequs has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Opus Technologies, Aparna Kumar and Mamta Gambhir.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cross-border payments are processed via AI-enabled omnichannel networks. | 1997 | opustechglobal.com | Alpharetta, United States | |
AK Aparna Kumar | unknown_5a90afd6cea74cc3a | |||
MG Mamta Gambhir | unknown_2d4aaa739258414fa | |||
KV Krishnan Vaidyanathan | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_7e8beaad2f044dacb |
Investor details for Finequs
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 Finconvenio Services Private Limited (Finequs)
Finconvenio Services Private Limited is the primary company behind Finequs. The board of Finconvenio Services Private Limited currently have 2 directors; the longest-serving is Vaidyanathan Krishnan, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaidyanathan Krishnan DIN 06946648 | Director | 29 Aug 2019 | 7 yrs 2 mo | Finconvenio Services Private Limited |
| Padmavathy Krishnan DIN 06946655 | Director | 29 Aug 2019 | 7 yrs 2 mo | Finconvenio Services Private Limited |
People of Finequs
1 people are tracked at Finequs (1 in leadership); the tracked headcount is 55.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Finequs
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 Finequs
Figures of Finconvenio Services Private Limited, the primary company behind Finequs, for FY 2025. Revenue was ₹60.5 Lakh (-70% year on year). Net loss was -₹3.38 Cr (-558% margin). EBITDA was -₹2.55 Cr (-421% margin). Revenue has grown at a compounded annual rate of +39% over three years and +80% over five years.
- ₹60.5 LakhRevenue · FY 2025 · -70% YoY
- -₹3.38 CrNet loss · -558% margin
- -₹2.55 CrEBITDA · -421% margin
- ₹2.7 LakhPaid-up capital
- 55Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Finconvenio Services Private Limited are on its company page.
Detailed financial statements for Finequs
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 Finequs
4 dated milestones of Finequs across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Finequs is founded.
- Funding First funding round of $200K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.5M.
Competitors of Finequs
Finequs has 3 listed competitors in our database, 2 of them funded. They include IndiaLends, Epimoney and i2i.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indialends.com | 2014 | Gurugram, India | $30.11M | 221 | Online platform providing loans and credit cards from various financial institutions | |
| epimoney.in | 1995 | Chennai, India | 623 | Consumer and business loans are facilitated via an online platform. | ||
| i2ifunding.com | 2015 | Noida, India | $934,120 | 33 | Borrowers are connected with investors through P2P lending services. |
Detailed competitors of Finequs
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.
Top companies in Alternative Lending
3 companies that operate in the same segment as Finequs (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 185.7 M | 2,787 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β 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
Related news about Finequs
Complete news archive for Finequs
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Finequs
Finequs was founded in 2019.
Finequs is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Krishnan Vaidyanathan is the CEO of Finequs, as recorded in our data. They have also founded this company.
Finequs is a funded company, having raised a total of $2.29M across 5 funding rounds to date. The company's 1st funding round was a Seed of $199.62K, raised on Oct 2019.
Finequs has 55 employees.
The primary company behind Finequs, Finconvenio Services Private Limited, reported revenue of βΉ60.5 Lakh for FY 2025, down 70% year on year.
Finequs was founded in 2019 in Chennai, India, within the fintech sector. An online platform is operated to connect lenders and borrowers for various loan types, including personal, business, home, car, gold, education, and asset-backed options. Credit cards, insurance, and related financial products are also facilitated. Algorithms and risk decision workflows are utilized to assess applications and enable disbursements.
Finequs's top competitors include Epimoney, i2i and IndiaLends.
Finequs has 4 investors. Key investors include Opus Technologies, Aparna Kumar, Mamta Gambhir, and Krishnan Vaidyanathan.
The valuation of Finequs is $6.29M as of Nov 2022.
Finequs operates through Finconvenio Services Private Limited.
The legal entities of Finequs currently have 2 directors, including Vaidyanathan Krishnan, Padmavathy Krishnan.
