About Flameback
Flameback is a company based in Bengaluru (India) founded in 2017 by Kishan Murjani Nair. Flameback has raised $204.5 thousand across 5 funding rounds from investors including Rainnext Ventures, Stratazon and Maya Rajeev Nair. Flameback operates in a competitive market with competitors including Modulus Alternatives, Subham Capital, MoneyOnApp, Xponents and InvestMates, among others.
- Total Equity Funding$204.5K (USD)
in 5 rounds
- Latest Funding Round$67.5K (USD), Seed
Apr 2023
- InvestorsRainnext Ventures
& 8 more
Associated legal entities of Flameback
Flameback is associated with 2 registered companies on The Company Check. 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 |
|---|---|---|---|---|---|---|---|
| Bse Administration & Supervision Limited CIN U67120MH2021PLC356402 | Active | 05 Mar 2021 | Mumbai, Maharashtra | ₹2.5 Cr | 10 | 4 | View details |
| Flameback Capital Private Limited CIN U65999KA2016PTC096684 | Active | 23 Sep 2016 | Bangalore, Karnataka | ₹0.2 Cr | – | 3 | View details |
Apps and channels of Flameback
its YouTube channel Flameback Capital has 5 subscribers.
Funding Insights of Flameback
Flameback has successfully raised a total of $204.5K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $67.5 thousand completed in April 2023. 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 $204,500
- Total Rounds 5
- Last Round Seed — $67,500
- First Round $30,100
(Jul 2019)
- Investors Count 9
All 5 funding rounds of Flameback 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 |
|---|---|---|---|---|---|
| Apr 2023 | $67,500 | Seed | $548,864 | Stratazon | |
| May 2022 | $44,000 | Seed | $525,075 | Rainnext Ventures | |
| Sep 2021 | $37,600 | Seed | $••••• | Rainnext Ventures | |
| Oct 2020 | $25,300 | Seed | $••••• | White Coral Holdings | – |
| Jul 2019 | $30,100 | Seed | $••••• | Rainnext Ventures |
Last known valuation $548,864 (Apr 2023). 9 investors in total: 3 institutional and 6 angel.
Investors in Flameback
Flameback has secured backing from 9 investors, including institutional and angel investors. Prominent investors backing the company include Rainnext Ventures, Stratazon and Maya Rajeev Nair.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | rainnextventures.tcc.mode | - | |
Develops AI and ML-based strategies to boost equity and mutual fund portfolio returns. | 2022 | stratazon.in | Bengaluru, India | |
MR Maya Rajeev Nair | - | – | unknown_b6adfa4e7e2444868 | - |
AN Arjun Nair | Angel investor and entrepreneur, focusing on tech startups in India. | – | unknown_3294bfda1aa2435ea | - |
DS Daniel Savino | - | – | unknown_d07c37bce49a42c0a | - |
MG Manjunath Gaddi | - | – | unknown_563dc847cc6b40e08 | - |
AS Anukrishna Sugathan | - | – | unknown_385ad0fbea3a4e949 | - |
KM Kishan Murjani Nair | Angel investor and entrepreneur, focused on early-stage Indian startups. | – | unknown_bdb473121e244563a | - |
- | – | whitecoralholdings.tcc.mode | - |
Investor details for Flameback
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 Flameback
The boards of the 2 registered companies of Flameback currently have 7 directors; the longest-serving is Kishan Murjani Nair, appointed in 2016. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kishan Murjani Nair DIN 05005329 | Director | 23 Sep 2016 | 10 yrs | Flameback Capital Private Limited |
| Maya Rajeev Nair DIN 08323501 | Director | 07 Feb 2019 | 7 yrs 8 mo | Flameback Capital Private Limited |
| Anukrishna Sugathan DIN 08522190 | Director | 22 Aug 2019 | 7 yrs 1 mo | Flameback Capital Private Limited |
| Naveen Joseph Fernandes DIN 10086962 | Director | 29 Mar 2023 | 3 yrs 6 mo | Bse Administration & Supervision Limited |
| Gopalkrishnan Krishnamurthy Iyer DIN 10236588 | Director | 19 Jul 2023 | 3 yrs 2 mo | Bse Administration & Supervision Limited |
| Kaushal Daxesh Mehta DIN 10184051 | Director | 19 Jul 2023 | 3 yrs 2 mo | Bse Administration & Supervision Limited |
| Vivek Kumar Garg DIN 06596973 | Director | 23 Nov 2023 | 2 yrs 10 mo | Bse Administration & Supervision Limited |
People of Flameback
1 people are tracked at Flameback (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Flameback
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 Flameback
Figures of Flameback Capital Private Limited, the primary company behind Flameback, for FY 2024. Revenue was ₹21.1 Lakh (+113% year on year). Net loss was -₹39 Lakh (-185% margin). EBITDA was -₹26.9 Lakh (-127% margin). Revenue has grown at a compounded annual rate of +36% over three years and +48% over five years.
- ₹21.1 LakhRevenue · FY 2024 · +113% YoY
- -₹39 LakhNet loss · -185% margin
- -₹26.9 LakhEBITDA · -127% margin
- ₹53.2 LakhPaid-up capital
- +36%Revenue CAGR, 3 years
- +48%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Flameback Capital Private Limited are on its company page.
Detailed financial statements for Flameback
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.
Timeline of Flameback
3 dated milestones of Flameback across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Flameback is founded.
- Funding First funding round of $30K.
- Funding Latest funding round, Seed, of $68K.
Competitors of Flameback
Flameback 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 Modulus Alternatives, Subham Capital, MoneyOnApp, Xponents and InvestMates, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modulusalternatives.co.in | 2018 | Mumbai, India | – | 13 | Portfolio management is provided for individuals via fixed income instruments. | |
| subhamcapital.com | 1997 | Bhubaneswar, India | – | – | Offers an online platform for portfolio management solutions tailored to consumers. | |
| moneyonapp.com | 2018 | Rajkot, India | – | – | Mobile app for mutual fund investments, tracking, and benefit maximization services. | |
| xponents.co | 2021 | Gurugram, India | $1.56M | – | Investment management solutions are offered for businesses and startups. | |
| investmates.io | 2022 | Coimbatore, India | $554,856 | 10 | Wealth managemnet platform | |
| sapientfinserv.com | 2009 | Pune, India | – | 22 | Provides mutual fund distribution, portfolio management, and risk management services to investors. | |
| kpaisa.com | 2021 | Mumbai, India | – | – | Provides a portfolio management solution tailored for individual investors. | |
| tulsianpms.com | 2017 | Mumbai, India | – | – | Provides customized portfolio management and investment solutions. |
Detailed competitors of Flameback
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.
Similar companies to Flameback
10 companies that operate in the same segment as Flameback (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Flameback
Flameback was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Flameback is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Flameback is a funded company, having raised a total of $204.5K across 5 funding rounds to date. The company's 1st funding round was a Seed of $30.1K, raised on Jul 2019.
Flameback was established in 2017 in Bengaluru, India, as an investment firm focused on the financial sector. A range of intelligent investing solutions is provided, incorporating diverse investment strategies. Customized portfolios, developed through algorithms, are tailored to address individual investor requirements. Operations center on algorithmic approaches to portfolio management, serving clients in the investment landscape.
Flameback's top competitors include Modulus Alternatives, InvestMates and Xponents.
Flameback has 9 investors. Key investors include Rainnext Ventures, Stratazon, Maya Rajeev Nair, Arjun Nair, and Daniel Savino.
The valuation of Flameback is $548.86K as of Apr 2023.
Flameback is associated with 2 legal entities: Flameback Capital Private Limited, Bse Administration & Supervision Limited.
The legal entities of Flameback currently have 7 directors, including Maya Rajeev Nair, Anukrishna Sugathan, Kishan Murjani Nair and others.