About Finizon
Finizon is a company based in Mumbai (India) founded in 2020 by Sourabh Kumar and Tarun Taneja.. Finizon has raised $161.73 thousand across 1 funding round from investors including Ashish Mehrotra, Alpana Mehrotra and Sourabh Kumar. Finizon operates in a competitive market with competitors including Toffee Insurance, IDBI Federal, Trovity, Kumar Investment Solutions and RAP INFOSYSTEMS, among others.
- Headquarter Mumbai, India
- Founders Sourabh Kumar, Tarun Taneja
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$161.73 K (USD)
in 1 rounds
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Latest Funding Round
$161.73 K (USD), Angel Round
Aug 26, 2021
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Investors
& 2 more
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Employee Count
Employee Count
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Funding Insights of Finizon
Finizon has successfully raised a total of $161.73K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $161.73 thousand completed in August 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $161,734
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First Round
First Round
(26 Aug 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Angel Round - Finizon | Valuation | Ashish Mehrotra , Alpana Mehrotra |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Finizon
Finizon has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Ashish Mehrotra, Alpana Mehrotra and Sourabh Kumar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AM
Ashish Mehrotra |
Angel investor, ex-MD Northern Trust, focused on fintech and tech startups
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Founded Year | Domain | Location |
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AM
Alpana Mehrotra |
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Founded Year | Domain | Location |
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SK
Sourabh Kumar |
Co-founder of PharmEasy, active angel investor in Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Finizon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Finizon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finizon Comparisons
Competitors of Finizon
Finizon 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 Toffee Insurance, IDBI Federal, Trovity, Kumar Investment Solutions and RAP INFOSYSTEMS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of microinsurance products for individuals
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| domain | founded_year | HQ Location |
Life insurance policies and retirement solutions are offered nationwide.
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| domain | founded_year | HQ Location |
Online platform for insurance broking, claims management, and personalized risk analysis.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for life, health, home, auto, travel, and marine insurance.
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| domain | founded_year | HQ Location |
Offers life, health, and motor insurance to individuals with expert advice.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Finizon
When was Finizon founded?
Finizon was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Finizon located?
Finizon is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Finizon?
Tarun Taneja is the current CEO of Finizon. They have also founded this company.
Is Finizon a funded company?
Finizon is a funded company, having raised a total of $161.73K across 1 funding round to date. The company's 1st funding round was a Angel Round of $161.73K, raised on Aug 26, 2021.
What does Finizon do?
Finizon was founded in 2020 and is headquartered in Mumbai, India, within the financial services sector. A range of financial solutions is offered to clients, with operations focused on the Indian market. Leadership is provided by co-founders Sourabh Kumar and Tarun Taneja, who hold designations as Co-Founder and Co-Founder CEO, respectively. Core activities encompass standard financial provisioning, supported by the companys domain at finizon.com.
Who are the top competitors of Finizon?
Finizon's top competitors include IDBI Federal, Toffee Insurance and MoneyWorks.
Who are Finizon's investors?
Finizon has 3 investors. Key investors include Ashish Mehrotra, Alpana Mehrotra, and Sourabh Kumar.
What is Finizon's valuation?
The valuation of Finizon is $202.34K as of Aug 2021.