About Finoux
Finoux is a Financial Services company based in Mumbai (India) founded in 2013 by Sanjay Sarkar and Pankaj Maste, and was acquired by Magellanic Cloud in May 2025. It provides digital solutions and services for banking, financial institutions, and fintech. It operates on a B2B2C and B2B model. The company has 156 employees. Its Indian entity Finoux Solutions Private Limited reported revenue of ₹28.37 Cr. Finoux offers products and services including BankOne, Fenfoo, Goal Post, Tick, and Smart Statements. Its focus areas include FinTech, Digital Transformation, BFSI Services and Application Development. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Finoux Solutions is a digital transformation enabler specializing in BFSI, offering AI-driven product platforms, application development, and managed services. Based in Mumbai, India, they serve banks, brokers, and wealth managers globally. Their services include consulting, UIUX design, and integration with core systems to accelerate time to market. With a focus on user experience, they deliver end-to-end solutions for financial portals and robo-advisory.
- Headquarters Mumbai, India
- Employees 156
- Founders Sanjay Sarkar, Pankaj Maste
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website finoux.com
- Social LinkedIn Facebook
- Acquired by Magellanic Cloud (May 2025)
- Legal Name Finoux Solutions Private Limited
- Date of Incorporation 03 Jan, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹28.37 Cr
FY 2025 · +8% YoY
- Net Profit₹72.3 Lakh
FY 2025 · 3% margin
- EBITDA₹1.12 Cr
FY 2025 · 4% margin
- Investors
- Employee Count156
- Acquired byMagellanic Cloud
(May 2025)
Associated legal entities of Finoux
Finoux operates through Finoux Solutions 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 |
|---|---|---|---|---|---|---|---|
| Finoux Solutions Private Limited CIN U72900MH2013PTC239235 | Active | 03 Jan 2013 | Mumbai, Maharashtra | ₹28.4 Cr | 156 | 6 | View details |
Products & Services of Finoux
Finoux offers a comprehensive portfolio of products and services, including BankOne, Fenfoo, Goal Post, Tick, and Smart Statements.
AI-based platform for banking services
Smart analytics for financial data processing
Platform for goal-based financial planning
Voice-enabled trading and analytics solution
AI-driven financial statement generation
Investors in Finoux
Finoux has secured backing from 1 investor. Prominent investors backing the company include Magellanic Cloud.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of cloud solutions, IT services, drone technology and digital transformation solutions | 1981 | magellanic-cloud.com | Hyderabad, India |
Investor details for Finoux
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Finoux Solutions Private Limited (Finoux)
Finoux Solutions Private Limited is the primary company behind Finoux. The board of Finoux Solutions Private Limited currently have 6 directors; the longest-serving is Hemesh Jayantilal Shah, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemesh Jayantilal Shah DIN 02316460 | Director | 03 Jan 2013 | 13 yrs 10 mo | Finoux Solutions Private Limited |
| Pankaj Chandrashekhar Maste DIN 05312558 | Director | 03 Jan 2013 | 13 yrs 10 mo | Finoux Solutions Private Limited |
| Praveen Nair DIN 06451466 | Director | 03 Jan 2013 | 13 yrs 10 mo | Finoux Solutions Private Limited |
| Sanjay Santi Sarkar DIN 00794666 | Director | 03 Jan 2013 | 13 yrs 10 mo | Finoux Solutions Private Limited |
| Joseph Sudheer Reddy Thumma DIN 07033919 | Director | 12 May 2025 | 1 yr 6 mo | Finoux Solutions Private Limited |
| Vyakaranam Krishna Prasad DIN 02739483 | Director | 12 May 2025 | 1 yr 6 mo | Finoux Solutions Private Limited |
People of Finoux
24 people are tracked at Finoux (5 in leadership, 19 in team); the tracked headcount is 156.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| founder | Leadership | |
| Co-founder And CTO | Leadership | |
Punita Ghosh | Business Head-staff Augmentation | Leadership |
Shweta Saini | Sr. Software Engineer - UI | Team |
Pooja Rana | Senior Recruiter | Team |
Simran Jain | Software Engineer | Team |
Sneha Posam | Sr. Software Engineer | Team |
Vikas Singh | Development Team Lead | Team |
Kushal Singh | Senior Software Engineer | Team |
Kamiyab Ali Saleh | Senior Software Engineer | Team |
Sachin Pal | Senior Software Developer | Team |
Hemant Sharma | Lead Engineer | Team |
Faisal Shaikh | Sr. Software Engineer & Tech Lead | Team |
Aniruddha Tendolkar | Senior Software Engineer | Team |
Pradeep Kumar | Senior Software Engineer | Team |
Aman Siddiqui | Senior Software Engineer | Team |
Devang Ghedia | Senior Software Engineer | Team |
Ketan Ambekar | Lead Engineer | Team |
4 more people are available in the full profile.
Complete people profiles for Finoux
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Finoux
Figures of Finoux Solutions Private Limited, the primary company behind Finoux, for FY 2025. Revenue was ₹28.37 Cr (+8% year on year). Net profit was ₹72.3 Lakh (3% margin). EBITDA was ₹1.12 Cr (4% margin). Revenue has grown at a compounded annual rate of +18% over three years and +21% over five years.
- ₹28.37 CrRevenue · FY 2025 · +8% YoY
- ₹72.3 LakhNet profit · 3% margin
- ₹1.12 CrEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- 156Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Finoux Solutions Private Limited are on its company page.
Detailed financial statements for Finoux
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.
Timeline of Finoux
2 dated milestones of Finoux across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Finoux is founded.
- Exit Acquired by Magellanic Cloud.
Competitors of Finoux
Finoux has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Finoux
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.
Web traffic of Finoux
The website of Finoux (finoux.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 44.2% vs previous month
Websites whose visitors overlap most with Finoux. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hdfcsec.com | 100% | 2.4M | #18,771 | View details |
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
Frequently Asked Questions about Finoux
Finoux was founded in 2013.
Finoux is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Finoux has 156 employees.
The primary company behind Finoux, Finoux Solutions Private Limited, reported revenue of ₹28.37 Cr for FY 2025, up 8% year on year.
Finoux Solutions is a digital transformation enabler specializing in BFSI, offering AI-driven product platforms, application development, and managed services. Based in Mumbai, India, they serve banks, brokers, and wealth managers globally. Their services include consulting, UIUX design, and integration with core systems to accelerate time to market. With a focus on user experience, they deliver end-to-end solutions for financial portals and robo-advisory.
Finoux's top competitors include Happiest Minds and Datamatics.
Finoux offers BankOne, Fenfoo, Goal Post, Tick, and Smart Statements.
Finoux has 1 investor. Key investors include Magellanic Cloud.
Finoux operates through Finoux Solutions Private Limited.
Yes. Finoux was acquired by Magellanic Cloud in May 2025.
The legal entities of Finoux currently have 6 directors, including Hemesh Jayantilal Shah, Pankaj Chandrashekhar Maste, Praveen Nair and others.