About Finnup
Finnup is a company based in Mumbai (India) founded in 2022 by Rahul Agarwal and Abhishek Agarwal.. Finnup has raised $56.13 thousand across 1 funding round from investors including Ankit Agrwal, Narendra Kumar Bansal and Anubhav Jhunjhunala. Finnup operates in a competitive market with competitors including IndiaLends, Tala, Epimoney, i2i and IndiaP2P, among others.
- Headquarter Mumbai, India
- Founders Rahul Agarwal, Abhishek Agarwal
- Stage Minicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Finnup Solutions Private Limited
- Date of Incorporation 23 Jun, 2022
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$128.07 K (USD)0as on Mar 31, 2023
-
Net Profit
$28.18 K (USD)0as on Mar 31, 2023
-
EBITDA
$38.11 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$56.13 K (USD)
in 1 rounds
-
Latest Funding Round
$56.13 K (USD), Seed
Jul 29, 2024
-
Investors
Mavi Ventures
& 5 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Finnup
Finnup has successfully raised a total of $56.13K through 1 strategic funding round. The most recent funding activity was a Seed round of $56.13 thousand completed in July 2024. 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 Seed — $56,127
-
First Round
First Round
(29 Jul 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Finnup | Valuation | Ankit Agrwal |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Finnup
Finnup has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include Ankit Agrwal, Narendra Kumar Bansal and Anubhav Jhunjhunala. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
AA
Ankit Agrwal |
-
|
Founded Year | Domain | Location |
|
NK
Narendra Kumar Bansal |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Finnup
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Finnup
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finnup Comparisons
Competitors of Finnup
Finnup 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 IndiaLends, Tala, Epimoney, i2i and IndiaP2P, 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 |
Online platform providing loans and credit cards from various financial institutions
|
|
| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
|
|
| domain | founded_year | HQ Location |
Consumer and business loans are facilitated via an online platform.
|
|
| domain | founded_year | HQ Location |
Borrowers are connected with investors through P2P lending services.
|
|
| domain | founded_year | HQ Location |
Investors and borrowers are connected via a P2P lending platform.
|
|
| domain | founded_year | HQ Location |
Gold loans are facilitated via an online consumer marketplace.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Finnup
Frequently Asked Questions about Finnup
When was Finnup founded?
Finnup was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Finnup located?
Finnup is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Finnup a funded company?
Finnup is a funded company, having raised a total of $56.13K across 1 funding round to date. The company's 1st funding round was a Seed of $56.13K, raised on Jul 29, 2024.
What is the annual revenue of Finnup?
Annual revenue of Finnup is $128.07K as on Mar 31, 2023.
What does Finnup do?
Finnup was founded in 2022 in Mumbai, India, operating as a fintech platform in the financial services sector. Borrowers and lenders are connected to facilitate access to diverse funding options. Products provided encompass unsecured business loans, loans against property, working capital loans, supply chain financing, revenue-based financing, asset financing, trade finance, and project financing. The platform serves the Indian market primarily.
Who are the top competitors of Finnup?
Who are Finnup's investors?
Finnup has 6 investors. Key investors include Ankit Agrwal, Narendra Kumar Bansal, Anubhav Jhunjhunala, Mavi Ventures, and Rakesh Hasmukhbhai Vakal.
What is Finnup's valuation?
The valuation of Finnup is $5.41M as of Jul 2024.