About FinMomenta
FinMomenta was a Financial Services company based in Bengaluru (India) founded in 2016 by Naveen Madgula, Brahma Mahesh Khaderbad, Praveen Krishnam, and Poorna Sama. It offers an online platform for consumer loans. It operates on a B2C model. Its chief executive, as recorded, is Brahma Mahesh Khaderbad. Its Indian entity Finmomenta Private Limited reported revenue of ₹1.1 Lakh. The company is recorded as dissolved. Its focus areas include Banking, Consumer Lending and Online Loans. Its competitors include Auxilo, Eduvanz and GyanDhan; 3 of its 3 listed competitors have raised funding.
Company details
FinMomenta offers an online platform for consumer loans, focusing on offering financial products and advice, banking, consumer lending, and online loans. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Naveen Madgula, Brahma Mahesh Khaderbad, Praveen Krishnam, Poorna Sama
- SectorsFinancial Services
- Website finmomenta.com
- Legal Name Finmomenta Private Limited
- Date of Incorporation 16 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.1 Lakh
FY 2018
- Net Loss-₹84.9 Lakh
FY 2018 · -7656% margin
- EBITDA-₹84.6 Lakh
FY 2018 · -7627% margin
Associated legal entities of FinMomenta
FinMomenta operates through Finmomenta Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finmomenta Private Limited CIN U74999KA2016PTC096514 | Strike Off | 16 Sep 2016 | Bangalore, Karnataka | ₹0.0 Cr | 4 | View details |
Board of directors of Finmomenta Private Limited (FinMomenta)
Finmomenta Private Limited is the primary company behind FinMomenta. The board of Finmomenta Private Limited currently have 4 directors; the longest-serving is Prasanth Krishnam, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prasanth Krishnam DIN 07616771 | Director | 16 Sep 2016 | 10 yrs 1 mo | Finmomenta Private Limited |
| Mahesh Brahma Khaderbad DIN 07616760 | Director | 16 Sep 2016 | 10 yrs 1 mo | Finmomenta Private Limited |
| Praveen Krishnam DIN 07413116 | Director | 16 Sep 2016 | 10 yrs 1 mo | Finmomenta Private Limited |
| Naveen Madgula DIN 08006327 | Additional Director | 26 Feb 2018 | 8 yrs 8 mo | Finmomenta Private Limited |
People of FinMomenta
4 people are tracked at FinMomenta (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, COO | Leadership | |
| Co-Founder, CEO | Leadership | |
| Co-Founder, CSO | Leadership | |
Poorna Sama | Co-Founder | Leadership |
Complete people profiles for FinMomenta
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Financials of FinMomenta
Figures of Finmomenta Private Limited, the primary company behind FinMomenta, for FY 2018. Revenue was ₹1.1 Lakh. Net loss was -₹84.9 Lakh (-7656% margin). EBITDA was -₹84.6 Lakh (-7627% margin).
- ₹1.1 LakhRevenue · FY 2018
- -₹84.9 LakhNet loss · -7656% margin
- -₹84.6 LakhEBITDA · -7627% margin
- ₹1.91 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Finmomenta Private Limited are on its company page.
Detailed financial statements for FinMomenta
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Competitors of FinMomenta
FinMomenta has 3 listed competitors in our database, 3 of them funded. They include Auxilo, Eduvanz and GyanDhan.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| auxilo.com | 2017 | Mumbai, India | $127.05M | 459 | Financial products for education loans and services are provided. | |
| eduvanz.com | 2016 | Mumbai, India | $40.28M | 137 | Financial assistance is provided for education, career, and skills development. | |
| gyandhan.com | 2015 | Delhi, India | $7.78M | 267 | Education loan marketplace and study abroad support are provided. |
Detailed competitors of FinMomenta
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as FinMomenta (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Related news about Finmomenta
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Frequently Asked Questions about FinMomenta
FinMomenta was founded in 2016.
FinMomenta is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Brahma Mahesh Khaderbad is the CEO of FinMomenta, as recorded in our data. They have also founded this company.
The primary company behind FinMomenta, Finmomenta Private Limited, reported revenue of ₹1.1 Lakh for FY 2018.
FinMomenta offers an online platform for consumer loans, focusing on offering financial products and advice, banking, consumer lending, and online loans. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
FinMomenta operates through Finmomenta Private Limited.
The legal entities of FinMomenta currently have 4 directors, including Prasanth Krishnam, Naveen Madgula, Mahesh Brahma Khaderbad and others.