About Finyty
Finyty is a Retail company based in Dewas (India). It offers an online platform for purchasing gift cards. It operates on a B2C model. The company has 1 employees. Its Indian entity Finyty Technology Private Limited reported revenue of ₹3.62 Cr. Its focus areas include E-commerce, Digital Retail, Gift Card Services and Online Sales. Its competitors include Xoxoday, FutureBazaar, Tremendous, GyFTR and Pine Perks and 3 more; 2 of its 8 listed competitors have raised funding.
Company details
Finyty offers an online platform for purchasing gift cards through operating online marketplaces, digital retail, gift card services, and conducting sales online. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Dewas, India
- Employees 1
- SectorsRetail
- Website finyty.com
- Legal Name Finyty Technology Private Limited
- Date of Incorporation 13 Jul, 2020
- Jurisdiction Dewas, Madhya Pradesh, India
- Annual Revenue₹3.62 Cr
FY 2024 · +75% YoY
- Net Profit₹37.5 Lakh
FY 2024 · 10% margin
- EBITDA₹51.7 Lakh
FY 2024 · 14% margin
- Employee Count1
Associated legal entities of Finyty
Finyty operates through Finyty Technology 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 |
|---|---|---|---|---|---|---|---|
| Finyty Technology Private Limited CIN U74999MP2020PTC051804 | Active | 13 Jul 2020 | Dewas, Madhya Pradesh | ₹3.6 Cr | – | 3 | View details |
Board of directors of Finyty Technology Private Limited (Finyty)
Finyty Technology Private Limited is the primary company behind Finyty. The board of Finyty Technology Private Limited currently have 3 directors; the longest-serving is Snehal Wadikar, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Snehal Wadikar DIN 08791270 | Director | 13 Jul 2020 | 6 yrs 3 mo | Finyty Technology Private Limited |
| Kiran Gopalrao Wadikar DIN 08791271 | Director | 13 Jul 2020 | 6 yrs 3 mo | Finyty Technology Private Limited |
| Neha Dubey DIN 10806391 | Director | 04 Nov 2024 | 1 yr 11 mo | Finyty Technology Private Limited |
Financials of Finyty
Figures of Finyty Technology Private Limited, the primary company behind Finyty, for FY 2024. Revenue was ₹3.62 Cr (+75% year on year). Net profit was ₹37.5 Lakh (10% margin). EBITDA was ₹51.7 Lakh (14% margin). Revenue has grown at a compounded annual rate of +120% over three years.
- ₹3.62 CrRevenue · FY 2024 · +75% YoY
- ₹37.5 LakhNet profit · 10% margin
- ₹51.7 LakhEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- +120%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Finyty Technology Private Limited are on its company page.
Detailed financial statements for Finyty
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- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of Finyty
Finyty has 8 listed competitors in our database, 2 of them funded. They include Xoxoday, FutureBazaar, Tremendous, GyFTR and Pine Perks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xoxoday.com | 2012 | Bengaluru, India | $30.61M | 269 | AI-powered loyalty, rewards, and employee engagement solutions are provided. | |
| futurebazaar.com | 2006 | Mumbai, India | – | 1 | Operates as an ecommerce platform for Future Group, specializing in the sale of gift vouchers. | |
| tremendous.com | 2010 | San Francisco, United States | $120,000 | – | Provider of rewards and financial benefits management platform for enterprises | |
| gyftr.com | 2012 | Delhi, India | – | 238 | Prepaid cards from various brands are offered on the platform. | |
| pineperks.in | 2016 | Noida, India | – | – | Enables users to send digital vouchers as gifts through a user-friendly platform. | |
| dealzy.app | 2024 | Hyderabad, India | – | 366 | Offers discounted digital gift cards for shopping on multiple brands online. | |
| zokudo.com | 2014 | Mumbai, India | – | – | Operates an online platform for purchasing e-gift cards from luxury brands. | |
| giftcardsindia.in | 2010 | Mumbai, India | – | 7 | Online Gift Voucher Aggregator and Gifting Portal |
Detailed competitors of Finyty
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Stationery, Gifting & Handicrafts E-Commerce
10 companies that operate in the same segment as Finyty (Stationery, Gifting & Handicrafts E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | – | 355 | |
Smart notebooks are offered for digital sketching and note-taking. | 2013 | Oslo, Oslo, Norway | USD 15 M | – | 487 | |
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Flowers are delivered via an online subscription platform. | 2013 | London, England, United Kingdom | USD 171.47 M | – | – | |
Multi-category gifts are curated online for special occasions. | 2006 | Richmond, United Kingdom | USD 57.58 M | – | 192 | |
Multi-category gifting products are provided through an online platform. | 2015 | Mumbai, Maharashtra, India | USD 4.35 M | USD 916.16 K | – | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | – | 101 | |
Digital gift cards are provided for enterprise incentive programs. | 2009 | Seattle, Washington, United States | USD 57.01 M | – | 267 | |
No detailed company activity is described on the site. | 2011 | Chicago, Illinois, United States | USD 198.67 M | – | 74 | |
AI-powered loyalty, rewards, and employee engagement solutions are provided. | 2012 | Bengaluru, Karnataka, India | USD 100.61 M | USD 98.95 M | 327 |
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Frequently Asked Questions about Finyty
Finyty is headquartered in Dewas, India. It is registered at Dewas, Madhya Pradesh, India.
Finyty has 1 employees.
The primary company behind Finyty, Finyty Technology Private Limited, reported revenue of ₹3.62 Cr for FY 2024, up 75% year on year.
Finyty offers an online platform for purchasing gift cards through operating online marketplaces, digital retail, gift card services, and conducting sales online. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Finyty's top competitors include Xoxoday, GyFTR and FutureBazaar.
Finyty operates through Finyty Technology Private Limited.
The legal entities of Finyty currently have 3 directors, including Snehal Wadikar, Kiran Gopalrao Wadikar, Neha Dubey.