About FinX
FinX is a company based in Mumbai (India) founded in 2018. It operates as a EduTech and Subscription Services. 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 offers products and services including Certified Financial Expert, Bachelors in Capital Markets, and FinX Anchor Program. FinX operates in a competitive market with competitors including upGrad, Coursera, Udemy, MasterClass and Degreed, among others.
- Headquarter Mumbai, India
- Stage Minicorn
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Av Financial Experts Network Pvt Ltd
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$271.38 K (USD)30.48as on Mar 31, 2023
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Net Profit
$47.33 K (USD)-31.44as on Mar 31, 2023
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EBITDA
$62.5 K (USD)-30.15as on Mar 31, 2023
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Total Equity Funding
$6.99 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Seed
Nov 18, 2024
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Investors
Elevar Equity
& 12 more
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Employee Count
Employee Count
- Investments & Acquisitions
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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.
People of FinX
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Leadership Team
2 people
Head Team
2 people
Finance and Accounting
1 people
Corporate Team
1 people
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $6.0M
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First Round
First Round
(01 Sep 2022)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - FinX | Valuation |
investors |
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| Sep, 2022 | Amount | Seed - FinX | Valuation | Nirali Choksi |
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 |
|---|---|---|---|---|
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Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
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Founded Year | Domain | Location | |
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NC
Nirali Choksi |
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Founded Year | Domain | Location |
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HM
Harish Menon |
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Founded Year | Domain | Location |
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 Year | Amount |
|---|---|---|---|---|---|
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Financial education and training programs are provided across various domains.
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1989 |
Financial Statements - FinX
Finx Comparisons
Competitors of FinX
FinX 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 upGrad, Coursera, Udemy, MasterClass and Degreed, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Professional certification training courses are provided via an online platform.
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| domain | founded_year | HQ Location |
An online platform for multi-course education is operated.
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| domain | founded_year | HQ Location |
Online courses in diverse subjects are provided via a marketplace.
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| domain | founded_year | HQ Location |
Online courses in creative fields are delivered by celebrity experts.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
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| domain | founded_year | HQ Location |
Provides online learning programs for IT
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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 01, 2022.
Annual revenue of FinX is $271.38K as on Mar 31, 2023.
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.