About FinMitra
FinMitra is a Technology company based in Bengaluru (India) founded in 2015. Its Indian entity Finmitra Financial Services Private Limited reported revenue of ₹4.2 Lakh. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Financial Planners and Advisors. Similar companies include Dezerv, Wealthy and ASK Group; 3 of its 3 listed similar companies have raised funding.
Company details
Goal based financial planning platform. The portfolio is designed taking into account parameters like age, time frame, risk profile, return objectives and more.
- Headquarters Bengaluru, India
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website finmitra.com
- Social LinkedIn Facebook
- Legal Name Finmitra Financial Services Private Limited
- Date of Incorporation 13 Mar, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹4.2 Lakh
FY 2024 · +1% YoY
- Net Profit₹74,890
FY 2024 · 18% margin
- EBITDA₹1.1 Lakh
FY 2024 · 26% margin
Associated legal entities of FinMitra
FinMitra operates through Finmitra Financial Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finmitra Financial Services Private Limited CIN U74900KA2015PTC079257 | Active | 13 Mar 2015 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Board of directors of Finmitra Financial Services Private Limited (FinMitra)
Finmitra Financial Services Private Limited is the primary company behind FinMitra. The board of Finmitra Financial Services Private Limited currently have 2 directors; the longest-serving is Narayanaswamy Bhagyalakshmi, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Narayanaswamy Bhagyalakshmi DIN 07101813 | Director | 13 Mar 2015 | 11 yrs 7 mo | Finmitra Financial Services Private Limited |
| Vimal Kumar Ramamurthy DIN 02697663 | Director | 13 Mar 2015 | 11 yrs 7 mo | Finmitra Financial Services Private Limited |
People of FinMitra
1 people are tracked at FinMitra (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Leadership |
Complete people profiles for FinMitra
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Financials of FinMitra
Figures of Finmitra Financial Services Private Limited, the primary company behind FinMitra, for FY 2024. Revenue was ₹4.2 Lakh (+1% year on year). Net profit was ₹74,890 (18% margin). EBITDA was ₹1.1 Lakh (26% margin). Revenue has grown at a compounded annual rate of +1% over three years and +5% over five years.
- ₹4.2 LakhRevenue · FY 2024 · +1% YoY
- ₹74,890Net profit · 18% margin
- ₹1.1 LakhEBITDA · 26% margin
- ₹1 LakhPaid-up capital
- +1%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Finmitra Financial Services Private Limited are on its company page.
Detailed financial statements for FinMitra
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Similar companies to FinMitra
FinMitra has 3 listed similar companies in our database, 3 of them funded. They include Dezerv, Wealthy and ASK Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dezerv.in | 2021 | Mumbai, India | $100M | 513 | Investment solutions and portfolio management are provided for affluent individuals. | |
| wealthy.in | 2015 | Bengaluru, India | $22.29M | 231 | Digital wealth management platform is offered for personalized investments. | |
| askfinancials.com | 1983 | Mumbai, India | $125M | 191 | Asset & wealth management platform |
Detailed similar companies of FinMitra
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as FinMitra (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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Related news about Finmitra
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Frequently Asked Questions about FinMitra
FinMitra was founded in 2015.
FinMitra is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind FinMitra, Finmitra Financial Services Private Limited, reported revenue of ₹4.2 Lakh for FY 2024, up 1% year on year.
Goal based financial planning platform. The portfolio is designed taking into account parameters like age, time frame, risk profile, return objectives and more.
FinMitra operates through Finmitra Financial Services Private Limited.
The legal entities of FinMitra currently have 2 directors, including Narayanaswamy Bhagyalakshmi, Vimal Kumar Ramamurthy.