About Finse Technologies
Finse Technologies is a Technology company based in Bengaluru (India) founded in 2022 by Sambasiva Suda. It operates as a software-based solutions for invoice management are offered. The company has 92 employees. Its Indian entity Finsave Technologies Private Limited reported revenue of ₹5.31 Cr. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Similar companies include Razorpay, Bill.com, Zaggle, AvidXchange and Konfío and 5 more; 10 of its 10 listed similar companies have raised funding.
Company details
Finse Technologies was founded in 2022 and is based in Bengaluru, India. Operations focus on the fintech sector, where software tools are developed to handle invoice processing and management. Services include automation of billing workflows, data integration, and compliance features for businesses. The company is led by founder Sambasiva Suda, with activities centered on streamlining financial documentation for small to medium enterprises in the region.
- Headquarters Bengaluru, India
- Employees 92
- Founders Sambasiva Suda
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website finse.in
- Social LinkedIn
- Legal Name Finsave Technologies Private Limited
- Date of Incorporation 07 Aug, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹5.31 Cr
FY 2024 · +318% YoY
- Net Loss-₹6.50 Cr
FY 2024 · -122% margin
- EBITDA-₹4.31 Cr
FY 2024 · -81% margin
- Employee Count92
Associated legal entities of Finse Technologies
Finse Technologies operates through Finsave Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finsave Technologies Private Limited CIN U72900TG2020PTC142599 | Active | 07 Aug 2020 | Hyderabad, Telangana | ₹5.3 Cr | 92 | 2 | View details |
Board of directors of Finsave Technologies Private Limited (Finse Technologies)
Finsave Technologies Private Limited is the primary company behind Finse Technologies. The board of Finsave Technologies Private Limited currently have 2 directors; the longest-serving is Veerapraveen Basireddy Reddy, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Veerapraveen Basireddy Reddy DIN 08266030 | Director | 07 Aug 2020 | 6 yrs 2 mo | Finsave Technologies Private Limited |
| Ravindranath Kamma DIN 09040309 | Director | 23 Jan 2021 | 5 yrs 8 mo | Finsave Technologies Private Limited |
People of Finse Technologies
1 people are tracked at Finse Technologies (1 in leadership); the tracked headcount is 92.
| Name | Role | Group |
|---|---|---|
Sambasiva Suda | Founder | Leadership |
Complete people profiles for Finse Technologies
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 Finse Technologies
Figures of Finsave Technologies Private Limited, the primary company behind Finse Technologies, for FY 2024. Revenue was ₹5.31 Cr (+318% year on year). Net loss was -₹6.50 Cr (-122% margin). EBITDA was -₹4.31 Cr (-81% margin). Revenue has grown at a compounded annual rate of +79% over three years.
- ₹5.31 CrRevenue · FY 2024 · +318% YoY
- -₹6.50 CrNet loss · -122% margin
- -₹4.31 CrEBITDA · -81% margin
- ₹3.09 CrPaid-up capital
- 92Employees (provident fund records)
- +79%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Finsave Technologies Private Limited are on its company page.
Detailed financial statements for Finse Technologies
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.
Similar companies to Finse Technologies
Finse Technologies has 10 listed similar companies in our database, 10 of them funded. They include Razorpay, Bill.com, Zaggle, AvidXchange and Konfío, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| bill.com | 2006 | Palo Alto, United States | $325.6M | 1,384 | Cloud-based accounts payable and receivable software for businesses | |
| zaggle.in | 2011 | Hyderabad, India | $13.75M | 440 | Business spends, payments, and rewards are streamlined by automated workflows. | |
| avidxchange.com | 2000 | Charlotte, United States | $1.18B | 1,714 | Accounts payable and payment automation solutions are offered for businesses. | |
| konfio.mx | 2014 | Miguel Hidalgo, Mexico | $378M | – | Financial solutions platform provider | |
| ziphq.com | 2020 | San Francisco, United States | $358.15M | 218 | Cloud-based purchase approval management software is provided for businesses. | |
| getnelly.de | 2021 | Berlin, Germany | $71.64M | 46 | Digital administrative tasks and billing management tools for providers | |
| payground.com | 2010 | Gilbert, United States | $29.33M | – | Cloud-based invoice payment solutions are provided to businesses. | |
| levelset.com | 2005 | New Orleans, United States | $48.44M | 138 | Levelset is focused on construction payment and lien rights management. | |
| nook.io | 2015 | London, United Kingdom | $1.1M | 4 | Nook is integrated into Modulr as an accounts payable solution. |
Detailed similar companies of Finse Technologies
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.
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Finse Technologies (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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
Related news about Finse Technologies
Complete news archive for Finse Technologies
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Finse Technologies
Finse Technologies was founded in 2022.
Finse Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Finse Technologies has 92 employees.
The primary company behind Finse Technologies, Finsave Technologies Private Limited, reported revenue of ₹5.31 Cr for FY 2024, up 318% year on year.
Finse Technologies was founded in 2022 and is based in Bengaluru, India. Operations focus on the fintech sector, where software tools are developed to handle invoice processing and management. Services include automation of billing workflows, data integration, and compliance features for businesses. The company is led by founder Sambasiva Suda, with activities centered on streamlining financial documentation for small to medium enterprises in the region.
Finse Technologies operates through Finsave Technologies Private Limited.
The legal entities of Finse Technologies currently have 2 directors, including Ravindranath Kamma, Veerapraveen Basireddy Reddy.