About Finovate Capital
Finovate Capital is a Financial Services company based in Mumbai (India) founded in 2018. Business payments are managed via credit cards using BharatNXTs platform for SMEs. The company has 22 employees. Its Indian entity Fcap Technologies Private Limited reported revenue of ₹99.78 Cr. Finovate Capital offers products and services including Credit Card Payments and Rewards and Cashback. Its focus areas include Digital Payments, Credit Card Services, Rewards and Credit Management and Fintech.
Company details
BharatNXT is utilized as a platform where business payments are processed through existing credit cards, offering extended credit periods of up to 50 days and instant rewards without additional charges if repaid on time. It is employed by small and medium enterprises for handling suppliers, rent, utilities, and education payments, with secure transactions verified under industry standards. The service is accessed via a mobile app that supports various settlement modes, aiding in cashflow management. Testimonials indicate that cashflow irregularities are addressed effectively, though the platform does not permit transfers to personal accounts. Overall, it is positioned as a tool for efficient financial operations among Indian businesses.
- Headquarters Mumbai, India
- Employees 22
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website finovatecapital.in
- Social LinkedIn Facebook
- Legal Name Fcap Technologies Private Limited
- Date of Incorporation 12 Nov, 2018
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹99.78 Cr
FY 2025 · +54% YoY
- Net Profit₹1.43 Cr
FY 2025 · 1% margin
- EBITDA₹4.07 Cr
FY 2025 · 4% margin
- Employee Count22
Associated legal entities of Finovate Capital
Finovate Capital is associated with 2 registered companies on The Company Check; the primary company is Fcap Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fcap Technologies Private Limited CIN U72900MH2018PTC456805 | Active | 12 Nov 2018 | Mumbai, Maharashtra | ₹99.8 Cr | 22 | 2 | View details |
| Fcap Technologies Private Limited CIN U72900HR2018PTC076851 | 12 Nov 2018 | Gurgaon, Haryana, India | View details |
Products & Services of Finovate Capital
Finovate Capital offers a comprehensive portfolio of products and services, including Credit Card Payments and Rewards and Cashback.
Business payments are facilitated using credit cards for categories such as rent, vendors, and utilities.
Rewards and cashback are provided on transactions made through the platform.
Board of directors of Fcap Technologies Private Limited (Finovate Capital)
Fcap Technologies Private Limited is the primary company behind Finovate Capital. The board of Fcap Technologies Private Limited currently have 2 directors; the longest-serving is Akshat Birla, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshat Birla DIN 08276732 | Director | 12 Nov 2018 | 7 yrs 11 mo | Fcap Technologies Private Limited |
| Aljo Joseph Johnson DIN 07955302 | Director | 30 Jan 2021 | 5 yrs 9 mo | Fcap Technologies Private Limited |
Financials of Finovate Capital
Figures of Fcap Technologies Private Limited, the primary company behind Finovate Capital, for FY 2025. Revenue was ₹99.78 Cr (+54% year on year). Net profit was ₹1.43 Cr (1% margin). EBITDA was ₹4.07 Cr (4% margin). Revenue has grown at a compounded annual rate of +654% over three years and +424% over five years.
- ₹99.78 CrRevenue · FY 2025 · +54% YoY
- ₹1.43 CrNet profit · 1% margin
- ₹4.07 CrEBITDA · 4% margin
- ₹3.9 LakhPaid-up capital
- 22Employees (provident fund records)
- +654%Revenue CAGR, 3 years
- +424%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fcap Technologies Private Limited are on its company page.
Detailed financial statements for Finovate Capital
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Frequently Asked Questions about Finovate Capital
Finovate Capital was founded in 2018.
Finovate Capital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Finovate Capital has 22 employees.
The primary company behind Finovate Capital, Fcap Technologies Private Limited, reported revenue of ₹99.78 Cr for FY 2025, up 54% year on year.
BharatNXT is utilized as a platform where business payments are processed through existing credit cards, offering extended credit periods of up to 50 days and instant rewards without additional charges if repaid on time. It is employed by small and medium enterprises for handling suppliers, rent, utilities, and education payments, with secure transactions verified under industry standards. The service is accessed via a mobile app that supports various settlement modes, aiding in cashflow management. Testimonials indicate that cashflow irregularities are addressed effectively, though the platform does not permit transfers to personal accounts. Overall, it is positioned as a tool for efficient financial operations among Indian businesses.
Finovate Capital offers Credit Card Payments and Rewards and Cashback.
Finovate Capital operates through Fcap Technologies Private Limited.
The legal entities of Finovate Capital currently have 2 directors, including Aljo Joseph Johnson, Akshat Birla.