Finoux

Mumbai, India Founded: 2013 • Age: 13 yrs Acquired By Magellanic Cloud
Provides digital solutions and services for banking, financial institutions, and fintech.
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About Finoux

Finoux is a company based in Mumbai (India) founded in 2013 by Sanjay Sarkar and Pankaj Maste was acquired by Magellanic Cloud in May 2025. It operates as a B2B2C, and B2B. The company has 156 employees as of March 31, 2023. Finoux offers products and services including BankOne, Fenfoo, Goal Post, Tick, and Smart Statements. Finoux operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Mumbai, India
  • Employees 156 as on 31 Mar, 2023
  • Founders Sanjay Sarkar, Pankaj Maste
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Finoux Solutions Private Limited
  • Date of Incorporation 03 Jan, 2013
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Banking & Financial Institutions
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
    $2.46 M (USD)
    19.63
    as on Mar 31, 2023
  • Net Profit
    $106.99 K (USD)
    -39.49
    as on Mar 31, 2023
  • EBITDA
    $135.45 K (USD)
    -45.72
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    156

    as on Mar 31, 2023

  • Acquired by
    Magellanic Cloud

    (May 12, 2025)

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Products & Services of Finoux

Finoux offers a comprehensive portfolio of products and services, including BankOne, Fenfoo, Goal Post, Tick, and Smart Statements. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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

People of Finoux
Headcount 50-200
Employee Profiles 22
Employee Profiles
People
Shweta Saini
Sr. Software Engineer - UI
People
Simran Jain
Software Engineer
People
Sneha Posam
Sr. Software Engineer
People
Vikas Singh
Development Team Lead

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Funding Insights of Finoux

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 Finoux

Finoux has secured backing from 1 investor. Prominent investors backing the company include Magellanic Cloud. 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.

All
Investor Description Founded Year Domain Location
Provider of cloud solutions, IT services, drone technology and digital transformation solutions
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 Finoux

Investments
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 - Finoux

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Finoux Comparisons

Employees
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Competitors of Finoux

Finoux 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
IT outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
IT and management consultancy services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
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 Finoux

Frequently Asked Questions about Finoux

When was Finoux founded?

Finoux was founded in 2013.

Where is Finoux located?

Finoux is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

How many employees does Finoux have?

As of Mar 31, 2023, the latest employee count at Finoux is 156.

What is the annual revenue of Finoux?

Annual revenue of Finoux is $2.46M as on Mar 31, 2023.

What does Finoux do?

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.

Who are the top competitors of Finoux?

Finoux's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

What products or services does Finoux offer?

Finoux offers BankOne, Fenfoo, Goal Post, Tick, and Smart Statements.

Who are Finoux's investors?

Finoux has 1 investor. Key investors include Magellanic Cloud.

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