Finhaat

Mumbai, India Founded: 2021 • Age: 5 yrs Minicorn
A B2B platform is provided for distributing financial products.

About Finhaat

Finhaat is a company based in Mumbai (India) founded in 2021 by Navneet Shrivastava, Vinod Singh, and Sandeep Katiyar. Finhaat has raised $6.65 million across 4 funding rounds from investors including Kettleborough VC, Omnivore and Finwisdom. The company has 7 employees. Finhaat offers products and services including FinSAAS, FinPRO, Finhaat Wealth, and Insurance. Finhaat operates in a competitive market with competitors including Policybazaar, BankBazaar, InsuranceDekho, Turtlemint and PB Fintech, among others.

  • Headquarter Mumbai, India
  • Employees 7
  • Founders Navneet Shrivastava, Vinod Singh, Sandeep Katiyar
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website finhaat.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Finhaat Technologies Pvt Ltd
  • Date of Incorporation 01 Oct, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹34.59 Cr

    FY 2025 · +30% YoY

  • Net Loss
    -₹3.00 Cr

    FY 2025 · -9% margin

  • EBITDA
    -₹1.60 Cr

    FY 2025 · -5% margin

  • Total Equity Funding
    $6.65M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.01M (USD), Series A

    Jan 2025

  • Investors
  • Employee Count
    7

Products & Services of Finhaat

Finhaat offers a comprehensive portfolio of products and services, including FinSAAS, FinPRO, Finhaat Wealth, and Insurance.

FinSAAS
API Suite

Digital platform for institutional partners' financial servicing

FinPRO
Partner Platform

Tool for individual partners to issue policies and manage claims

Finhaat Wealth
Wealth Management

Platform for assisted investment journeys across assets

Insurance
Financial Products

Access to protective insurance products for risk management

Funding Insights of Finhaat

Finhaat has successfully raised a total of $6.65M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.01 million completed in January 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 $6.65M
  • Total Rounds 4
  • Last Round Series A — $3.01M
  • First Round $224,200

    (Apr 2022)

  • Investors Count 10

All 4 funding rounds of Finhaat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2025$3.01MSeries A–Omnivore
Dec 2023$3MSeed$19.85MOmnivore
Jan 2023$421,900Seed$7.32MKettleborough VC, Finwisdom
Apr 2022$224,200Angel Round$•••••Vivek Tiwari
–
Valuation history
DateValuationStage
Dec 2023$19.85M••••••••
Jan 2023$7.32M••••••••
Apr 2022$•••••••••••••
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Full valuation and stage history of Finhaat

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 $19.85M (Dec 2023). 10 investors in total: 3 institutional and 7 angel.

Investors in Finhaat

Finhaat has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kettleborough VC, Omnivore and Finwisdom.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Agritech startups are funded by Omnivore, a venture capital entity.
–omnivore.vcMumbai, India
Venture capital services and investment in startups.
2020kettleborough.vcAhmedabad, India
-
–finwisdom.tcc.mode-

Nitin Rajender Singh

-
–unknown_a51c2ffccad04f86b-

Chattanathan Devaraian

-
–unknown_9ea13c95297c4567b-

Margapuri Prasanna Rao

-
–unknown_ed22afb81eef488b8-

Anand Chandra

Co-founder of Simpl, active angel investor in Indian startups
–unknown_d2a7373000954f408-

Ruchi Ramann

-
–unknown_8218d62c99ce4eb69-

Luca Torre

Co-founder of Refyne, fintech innovator, active angel investor in Indian startups
–unknown_95784e692cda4a79b-

Vivek Tiwari

Angel investor, tech entrepreneur, and advisor in Indian startup ecosystem
–unknown_86fc4d9bc76147d1a-
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Investor details for Finhaat

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Board of directors of Finhaat Technologies Private Limited (Finhaat)

Finhaat Technologies Private Limited is the primary company behind Finhaat. The boards of the 2 registered companies of Finhaat currently have 3 directors; the longest-serving is Sandeep Kumar Katiyar, appointed in 2022. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sandeep Kumar Katiyar
DIN 09724428
Director01 Aug 20224 yrs 2 moFinhaat Insurance Broking Private Limited
Vinod Kumar Singh
DIN 06904486
Director01 Aug 20224 yrs 2 moFinhaat Insurance Broking Private Limited, Finhaat Technologies Private Limited
Navneet
DIN 09726360
Director20 Aug 20224 yrs 1 moFinhaat Technologies Private Limited

People of Finhaat

8 people are tracked at Finhaat (5 in leadership, 3 in team); the tracked headcount is 7.

NameRoleGroup
Navneet Shrivastava
Co-FounderLeadership
Co-Founder & CEOLeadership
Co-FounderLeadership
Amitesh Kumar
Chief Technology OfficerLeadership
Rakesh Roshan
State HeadLeadership
Vibha Jain Manchekar
Senior Human Resources ManagerTeam
Amit Sankpal
Full Stack Developer | Angular | Spring Boot | Mysql | JavaTeam
Arghya Pal
Senior Manager - OperationsTeam
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Financials of Finhaat

Figures of Finhaat Technologies Private Limited, the primary company behind Finhaat, for FY 2025. Revenue was ₹34.59 Cr (+30% year on year). Net loss was -₹3.00 Cr (-9% margin). EBITDA was -₹1.60 Cr (-5% margin). Revenue has grown at a compounded annual rate of +1035% over three years.

  • ₹34.59 CrRevenue · FY 2025 · +30% YoY
  • -₹3.00 CrNet loss · -9% margin
  • -₹1.60 CrEBITDA · -5% margin
  • ₹4.93 CrPaid-up capital
  • 7Employees (provident fund records)
  • +1035%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Finhaat Technologies Private Limited are on its company page.

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Detailed financial statements for Finhaat

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Timeline of Finhaat

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

  1. Founded Finhaat is founded.
  2. Funding First funding round of $224K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $3.0M.

Competitors of Finhaat

Finhaat 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 Policybazaar, BankBazaar, InsuranceDekho, Turtlemint and PB Fintech, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
policybazaar.com2008Gurugram, India–24,206
Insurance plans are compared and purchased via an online marketplace.
bankbazaar.com2008Chennai, India$132.09M795
Financial products, loans, and credit scores are aggregated and compared.
insurancedekho.com2016Gurugram, India$394.5M2,077
Online insurance policies are compared and purchased through the platform.
turtlemint.com2015Mumbai, India$220.08M2,400
Provider of platform for comparing and purchasing insurance, loans, and funds
pbfintech.in2008Gurugram, India$443.26M286
Online platform for insurance and lending products is operated.
rubique.com2014Mumbai, India$12.61M114
A digital marketplace hosting a range of financial products.
probusinsurance.com2002Mumbai, India$6.7M256
Digital insurance platform offering policy comparison across multiple insurance categories
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Detailed competitors of Finhaat

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Web traffic of Finhaat

The website of Finhaat (finhaat.com) receives about 15K visits a month.

  • Monthly visits
    15K

    ▲ 393.1% vs previous month

Latest news on Finhaat

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Similar companies to Finhaat

10 companies that operate in the same segment as Finhaat (Banking & FinTech Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 M––
Tide is recognized as a digital banking platform for businesses.
2015London, England, United KingdomUSD 221.42 M––
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.16 BUSD 1.96 B1,440
Banking solutions are provided for retail customers and businesses.
2015London, England, United KingdomUSD 1.99 B––
Internet first bank for individuals and businesses
2015London, England, United KingdomUSD 1.9 B––
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M–237
Digital banking services are offered to consumers and businesses.
2014London, England, United KingdomUSD 1.06 BUSD 813.42 M3,231
Payment and banking solutions are provided to users and banks.
2015San Ramon, California, United StatesUSD 390 MUSD 532.2 K3
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Digital banking services are provided for individuals and businesses.
2014Blyth, United KingdomUSD 852.48 M––
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Frequently Asked Questions about Finhaat

Finhaat was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Finhaat is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vinod Singh is the current CEO of Finhaat. They have also founded this company.

Finhaat is a funded company, having raised a total of $6.65M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $224.2K, raised on Apr 2022.

Finhaat has 7 employees.

The primary company behind Finhaat, Finhaat Technologies Private Limited, reported revenue of ₹34.59 Cr for FY 2025, up 30% year on year.

Finhaat was founded in 2021 in Mumbai, India, within the financial services sector. A B2B platform is operated to facilitate distribution and servicing of insurance, wealth management, and financial SaaS products. APIs are integrated for institutional partners, while tools are supplied to individual financial partners for real-time quotes, digital issuance, and claims management. Customizable modules are offered for CRM system integration, aiding access to services for underserved populations.

Finhaat's top competitors include Policybazaar, BankBazaar and InsuranceDekho.

Finhaat offers FinSAAS, FinPRO, Finhaat Wealth, and Insurance.

Finhaat has 10 investors. Key investors include Kettleborough VC, Omnivore, Finwisdom, Nitin Rajender Singh, and Chattanathan Devaraian.

The valuation of Finhaat is $19.85M as of Dec 2023.

Finhaat is associated with 2 legal entities: Finhaat Technologies Private Limited, Finhaat Insurance Broking Private Limited.

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