Finequs

Chennai, India Founded: 2019 • Age: 7 yrs Minicorn
Online marketplace offering diversified loans to consumers and businesses

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 β‚Ή60.5 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
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • 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
Key Metrics
  • 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

  • Investors
  • Employee Count
    55

Apps and channels of Finequs

its YouTube channel Finequs has 311 subscribers and 21 videos.

Finequs
YouTube 311 subscribers 21 videos Science & Technology
Open channel

Videos from Finequs

The most watched videos on Finequs's YouTube channel, Finequs (311 subscribers). Click a video to play it here.

Applying for a loan through Finequs | Merchant System Tutorial - Tamil version
626 views
We've rebranded
424 views
Finequs - Revolutionizing Lending Landscape in India
324 views
Customer document upload using the Finequs portal | Merchant system tutorial - Tamil version
292 views

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$1.5MSeed$6.29M–
Aug 2022$49,895Seed$4.08M–
–
Jan 2022$269,422Seed$β€’β€’β€’β€’β€’Aparna Kumar, Mamta Gambhir
Mar 2021$267,689Seed$β€’β€’β€’β€’β€’Mamta Gambhir, Aparna Kumar
Oct 2019$199,616Seed$β€’β€’β€’β€’β€’Aparna Kumar, Mamta Gambhir
Valuation history
DateValuationStage
Nov 2022$6.29Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2022$4.08Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2022$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€’
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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.

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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.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Cross-border payments are processed via AI-enabled omnichannel networks.
1997opustechglobal.comAlpharetta, United States

Aparna Kumar

unknown_5a90afd6cea74cc3a

Mamta Gambhir

unknown_2d4aaa739258414fa

Krishnan Vaidyanathan

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
unknown_7e8beaad2f044dacb
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Investor details for Finequs

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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.

DirectorDesignationAppointedTenureEntity
Vaidyanathan Krishnan
DIN 06946648
Director29 Aug 20197 yrs 2 moFinconvenio Services Private Limited
Padmavathy Krishnan
DIN 06946655
Director29 Aug 20197 yrs 2 moFinconvenio Services Private Limited

People of Finequs

1 people are tracked at Finequs (1 in leadership); the tracked headcount is 55.

NameRoleGroup
Founder & CEOLeadership
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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.

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Detailed financial statements for Finequs

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Finequs

4 dated milestones of Finequs across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Finequs is founded.
  2. Funding First funding round of $200K.
  3. Milestone Reaches Minicorn status.
  4. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
indialends.com2014Gurugram, India$30.11M221
Online platform providing loans and credit cards from various financial institutions
epimoney.in1995Chennai, India623
Consumer and business loans are facilitated via an online platform.
i2ifunding.com2015Noida, India$934,12033
Borrowers are connected with investors through P2P lending services.
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Detailed competitors of Finequs

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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 589.25 MUSD 179.52 M3,670
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Financial services are provided, specializing in personal and business loans.
2016Mumbai, Maharashtra, IndiaUSD 320.39 MUSD 185.7 M2,787
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Related news about Finequs

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Complete news archive for Finequs

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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 β‚Ή60.5 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.

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