About Finlec
Finlec is a Technology company based in Pune (India) founded in 2023. Online platform for mutual fund investments via SIPs and expert advice. It operates on a D2C and B2C model in Technology and Financial Services sectors. Finlec offers products and services including Mutual Funds Platform and SIP Investments. Its focus areas include FinTech, Investment Tech, Financial Planning and SIP Services. Its legal entity in India is Finlec India Private Limited (U67100PN2023PTC218116). Its competitors include KFin Technologies, Optimum Financial Solutions and Wealth Elite; 2 of its 3 listed competitors have raised funding.
Company details
Finlec is an Indian platform that simplifies mutual fund investments by offering a user-friendly interface for selecting funds, setting up SIPs, and accessing market insights. It enables digital transactions for equity, hybrid, and debt funds, helping users diversify portfolios and achieve financial goals. Based in Pune, it provides secure, paperless investing with expert guidance, emphasizing risk management and long-term wealth creation.
- Headquarters Pune, India
- Employees 1
- SectorsTechnologyFinancial Services
- Email••••••••
- Phone•••• ••••
- Website finlec.in
- Legal Name Finlec India Private Limited
- Date of Incorporation 20 Jan, 2023
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹13,028
FY 2025 · -98% YoY
- Net Loss-₹2.3 Lakh
FY 2025 · -1733% margin
- EBITDA-₹2.3 Lakh
FY 2025 · -1733% margin
- Employee Count1
Associated legal entities of Finlec
Finlec operates through Finlec India 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 |
|---|---|---|---|---|---|---|---|
| Finlec India Private Limited CIN U67100PN2023PTC218116 | Active | 20 Jan 2023 | Pune, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of Finlec
Finlec offers a comprehensive portfolio of products and services, including Mutual Funds Platform and SIP Investments.
Platform for selecting and investing in mutual funds easily.
Systematic plans for regular mutual fund contributions and growth.
Board of directors of Finlec India Private Limited (Finlec)
Finlec India Private Limited is the primary company behind Finlec. The board of Finlec India Private Limited currently have 2 directors; the longest-serving is Pradeep Hari Gangurde, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pradeep Hari Gangurde DIN 09864456 | Director | 20 Jan 2023 | 3 yrs 9 mo | Finlec India Private Limited |
| Bhagyesh Laxman Mohite DIN 09864457 | Director | 20 Jan 2023 | 3 yrs 9 mo | Finlec India Private Limited |
Financials of Finlec
Figures of Finlec India Private Limited, the primary company behind Finlec, for FY 2025. Revenue was ₹13,028 (-98% year on year). Net loss was -₹2.3 Lakh (-1733% margin). EBITDA was -₹2.3 Lakh (-1733% margin).
- ₹13,028Revenue · FY 2025 · -98% YoY
- -₹2.3 LakhNet loss · -1733% margin
- -₹2.3 LakhEBITDA · -1733% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Finlec India Private Limited are on its company page.
Detailed financial statements for Finlec
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.
Competitors of Finlec
Finlec has 3 listed competitors in our database, 2 of them funded. They include KFin Technologies, Optimum Financial Solutions and Wealth Elite.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kfintech.com | 1978 | Hyderabad, India | $42.05M | 11,972 | Mutual fund investments are enabled via an app-based platform. | |
| optimumfintech.com | 2011 | Mumbai, India | $73,639 | 87 | Innovative digital solutions are delivered to the finance sector. | |
| wealthelite.in | 2018 | Indore, India | Provides AI-driven SaaS for mutual fund software, portfolio reporting, and online transactions services. |
Detailed competitors of Finlec
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 Investment & Financial Technology
2 companies that operate in the same segment as Finlec (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about Finlec
Finlec was founded in 2023.
Finlec is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Finlec has 1 employees.
The primary company behind Finlec, Finlec India Private Limited, reported revenue of ₹13,028 for FY 2025, down 98% year on year.
Finlec is an Indian platform that simplifies mutual fund investments by offering a user-friendly interface for selecting funds, setting up SIPs, and accessing market insights. It enables digital transactions for equity, hybrid, and debt funds, helping users diversify portfolios and achieve financial goals. Based in Pune, it provides secure, paperless investing with expert guidance, emphasizing risk management and long-term wealth creation.
Finlec's top competitors include KFin Technologies, Optimum Financial Solutions and Wealth Elite.
Finlec offers Mutual Funds Platform and SIP Investments.
Finlec operates through Finlec India Private Limited.
The legal entities of Finlec currently have 2 directors, including Pradeep Hari Gangurde, Bhagyesh Laxman Mohite.