About FinX
FinX is an Education company based in Mumbai (India) founded in 2018. It operates as a BFSI courses, certifications, and job placements are offered to learners. It operates on a EduTech and Subscription Services model. FinX has raised $6.99 million across 2 funding rounds from investors including Elevar Equity, Nirali Choksi and Harish Menon. FinX has completed 1 acquisition, including BSE Institute. FinX was last valued at $33.78 million in November 2024. Its chief executive is Himanshu Vyapak. Its website finxpert.org draws about 10 thousand monthly visits. Its Indian entity Av Financial Experts Network Private Limited reported revenue of ₹30.68 Cr. FinX offers products and services including Certified Financial Expert, Bachelors in Capital Markets, and FinX Anchor Program. Its focus areas include Vocational Training and Financial Education. Its competitors include upGrad, Coursera, Udemy, MasterClass and Degreed and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Finx, Operated By Av Financial Experts Network , Is Focused On Delivering Education And Training In The Banking, Financial Services, And Insurance (bfsi) Sector. Programs Offered Include University-affiliated Courses, Certifications, And Jobinternship Opportunities. Practical Training For Real-world Scenarios Is Emphasized, Alongside Connections With Leading Bfsi Employers. The Curriculum Is Aligned With Industry Needs To Ensure Relevance. Expansion Into New Age Technology Skilling Is Pursued Through Strategic Acquisitions Like Bse Institute. Services Cater To Students, Colleges, And Corporate Partners Across India.
- Headquarters Mumbai, India
- Stage Minicorn
- SectorsEducation
- Phone•••• ••••
- Website finxpert.org
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Av Financial Experts Network Pvt Ltd
- Date of Incorporation 29 Dec, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹30.68 Cr
FY 2025 · +14% YoY
- Net Profit₹1.43 Cr
FY 2025 · 5% margin
- EBITDA₹2.79 Cr
FY 2025 · 9% margin
- Total Equity Funding$6.99M (USD)
in 2 rounds
- Latest Funding Round$6M (USD), Seed
Nov 2024
- InvestorsElevar Equity
& 12 more
- Investments & Acquisitions
Associated legal entities of FinX
FinX operates through Av Financial Experts Network 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 |
|---|---|---|---|---|---|---|---|
| Av Financial Experts Network Private Limited CIN U67100MH2018PTC318889 | Active | 29 Dec 2018 | Mumbai, Maharashtra | ₹30.7 Cr | – | 5 | View details |
Products & Services of FinX
FinX offers a comprehensive portfolio of products and services, including Certified Financial Expert, Bachelors in Capital Markets, and FinX Anchor Program.
Certification offered for expertise in financial advisory services.
Degree program focused on capital markets and finance.
Program designed to connect students with BFSI employers.
Apps and channels of FinX
its YouTube channel FinX Learning has 134 subscribers and 30 videos.
Videos from FinX
The most watched videos on FinX's YouTube channel, FinX Learning (134 subscribers). Click a video to play it here.
More on FinX Learning.
Funding Insights of FinX
FinX has successfully raised a total of $6.99M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in November 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 $6.99M
- Total Rounds 2
- Last Round Seed — $6M
- First Round $990,976
(Sep 2022)
- Investors Count 13
All 2 funding rounds of FinX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $6M | Seed | $33.78M | – | |
| Sep 2022 | $990,976 | Seed | $15.45M | Nirali Choksi |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2024 | $33.78M | •••••••• |
| Sep 2022 | $15.45M | •••••••• |
Last known valuation $33.78M (Nov 2024). 13 investors in total: 2 institutional and 11 angel.
Investors in FinX
FinX has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Elevar Equity, Nirali Choksi and Harish Menon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in early growth for inclusive businesses in education, healthcare, and e-commerce. | 2006 | elevarequity.com | Bengaluru, India | |
NC Nirali Choksi | - | – | unknown_13ca55281f304e949 | - |
HM Harish Menon | - | – | unknown_a72a20fb90c64f20b | - |
JD Jignesh Desai | - | – | unknown_3e4bfd64926e49f9a | - |
AD Arundhati Desai | - | – | unknown_f7eae19fe0734bdaa | - |
VA Vipul Agarwal | - | – | unknown_decde9ad04d54ef3b | - |
PS Priyanka Srivastava | Angel investor and entrepreneur, focusing on early-stage Indian startups. | – | unknown_5ed5ab0fb4134a0da | - |
SA Sanjay Arora | - | – | unknown_94db46cde6cc486b8 | - |
GG Girija Gadre | - | – | unknown_f5404778cb194088a | - |
SV Smita Vermani | - | – | unknown_88418ec3fc2644cfa | - |
Investor details for FinX
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 Av Financial Experts Network Private Limited (FinX)
Av Financial Experts Network Private Limited is the primary company behind FinX. The board of Av Financial Experts Network Private Limited currently have 5 directors; the longest-serving is Nisha Nilesh Shah, appointed in 2022. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nisha Nilesh Shah DIN 09408465 | Director | 14 Jan 2022 | 4 yrs 9 mo | Av Financial Experts Network Private Limited |
| Rajasekharan Valliyil Narayana Pillai DIN 02415889 | Director | 28 Jun 2024 | 2 yrs 3 mo | Av Financial Experts Network Private Limited |
| Himanshu Vyapak DIN 08451231 | Officer in default | 18 Nov 2024 | 1 yr 11 mo | Av Financial Experts Network Private Limited |
| Sandeep Marian Farias DIN 00036043 | Nominee Director | 25 Nov 2024 | 1 yr 10 mo | Av Financial Experts Network Private Limited |
| Vijayalakshmi Rajaram Iyer DIN 05242960 | Director | 20 Mar 2025 | 1 yr 7 mo | Av Financial Experts Network Private Limited |
People of FinX
6 people are tracked at FinX (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Manish Srivastava | Sr Vice President & Business Head - North Zone | Leadership |
Nikunj Sharma | Partner & Head - CFX (chartered Financial Expert) Program | Leadership |
Dinesh Sharma | Head- Enterprise Business | Leadership |
Harpreet Singh | Head - Programs & Certifications | Leadership |
Dr. R S P Singh | Corporate Trainer | Team |
Complete people profiles for FinX
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 FinX
Figures of Av Financial Experts Network Private Limited, the primary company behind FinX, for FY 2025. Revenue was ₹30.68 Cr (+14% year on year). Net profit was ₹1.43 Cr (5% margin). EBITDA was ₹2.79 Cr (9% margin). Revenue has grown at a compounded annual rate of +161% over three years and +148% over five years.
- ₹30.68 CrRevenue · FY 2025 · +14% YoY
- ₹1.43 CrNet profit · 5% margin
- ₹2.79 CrEBITDA · 9% margin
- ₹5.07 CrPaid-up capital
- +161%Revenue CAGR, 3 years
- +148%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Av Financial Experts Network Private Limited are on its company page.
Detailed financial statements for FinX
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.
Investments & Acquisitions by FinX
FinX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BSE Institute.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial education and training programs are provided across various domains. | bsebti.com | Mumbai, India | 1989 | May 2025 | $2M |
Complete acquisition details for FinX
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of FinX
5 dated milestones of FinX across 7 years, from founding to its latest funding, stage changes and deals.
- Founded FinX is founded.
- Funding First funding round of $991K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $6.0M.
- Acquisition Acquires BSE Institute.
Competitors of FinX
FinX has 10 listed competitors in our database, 7 of them funded. They include upGrad, Coursera, Udemy, MasterClass and Degreed, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upgrad.com | 2015 | Mumbai, India | $329.18M | 7,972 | Professional certification training courses are provided via an online platform. | |
| coursera.org | 2012 | Mountain View, United States | $443.17M | 443 | An online platform for multi-course education is operated. | |
| udemy.com | 2010 | San Francisco, United States | $273.59M | 883 | Online courses in diverse subjects are provided via a marketplace. | |
| masterclass.com | 2012 | San Francisco, United States | $461.4M | 623 | Online courses in creative fields are delivered by celebrity experts. | |
| degreed.com | 2012 | Pleasanton, United States | $367.07M | 392 | Cloud-based LMS platform tracks skills across industries. | |
| mygreatlearning.com | 2013 | Gurugram, India | – | 1,167 | Provides online learning programs for IT | |
| platzi.com | 2014 | San Francisco, United States | $78.5M | – | Online courses in web and app development | |
| startse.com | 2014 | Sao Paulo, Brazil | $13.53M | – | App-based platform offering multi-disciplinary online courses | |
| edx.org | 2012 | Boston, United States | – | – | MOOCs are hosted by edX, a non-profit education platform. | |
| alison.com | 2007 | Galway, Ireland | – | – | Free MOOCs in IT, languages, and business skills are offered. |
Detailed competitors of FinX
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 FinX
The website of FinX (finxpert.org) receives about 10.3K visits a month.
- Monthly visits10.3K
▼ 47.5% vs previous month
Websites whose visitors overlap most with FinX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ciel.co.in | ciel.co.in | 100% | – | #1,193,868 | – |
Top companies in Corporate & Professional Learning Platforms
10 companies that operate in the same segment as FinX (Corporate & Professional Learning Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 6,673 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 84.24 M | 1,661 | |
An online platform for multi-course education is operated. | 2012 | Mountain View, California, United States | USD 443.17 M | USD 757.5 M | 6,667 | |
Online courses in creative fields are delivered by celebrity experts. | 2012 | San Francisco, California, United States | USD 461.4 M | – | 809 | |
Executive education programs from global universities are offered to professionals. | 2010 | Singapore, Singapore, Singapore | USD 742.17 M | – | 123 | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Related news about Finx
Complete news archive for FinX
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Frequently Asked Questions about FinX
FinX was founded in 2018 and raised its 1st funding round 4 years after it was founded.
FinX is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Himanshu Vyapak is the current CEO of FinX.
FinX is a funded company, having raised a total of $6.99M across 2 funding rounds to date. The company's 1st funding round was a Seed of $990.98K, raised on Sep 2022.
The primary company behind FinX, Av Financial Experts Network Private Limited, reported revenue of ₹30.68 Cr for FY 2025, up 14% year on year.
Finx, Operated By Av Financial Experts Network , Is Focused On Delivering Education And Training In The Banking, Financial Services, And Insurance (bfsi) Sector. Programs Offered Include University-affiliated Courses, Certifications, And Jobinternship Opportunities. Practical Training For Real-world Scenarios Is Emphasized, Alongside Connections With Leading Bfsi Employers. The Curriculum Is Aligned With Industry Needs To Ensure Relevance. Expansion Into New Age Technology Skilling Is Pursued Through Strategic Acquisitions Like Bse Institute. Services Cater To Students, Colleges, And Corporate Partners Across India.
FinX's top competitors include upGrad, Coursera and MasterClass.
FinX offers Certified Financial Expert, Bachelors in Capital Markets, and FinX Anchor Program.
FinX has made 1 acquisition, including BSE Institute.
FinX has 13 investors. Key investors include Elevar Equity, Nirali Choksi, Harish Menon, Jignesh Desai, and Arundhati Desai.
The valuation of FinX is $33.78M as of Nov 2024.
FinX operates through Av Financial Experts Network Private Limited.