About Flexmoney
Flexmoney is a Financial Services company based in Mumbai (India) founded in 2015 by Yezdi Lashkari. Purchase loans for point-of-sale financing are offered to consumers. Flexmoney has raised $4.8 million across 1 funding round from investors including Pravega Ventures, Z5 Capital and Ben Davey. The company has 52 employees. Its chief executive, as recorded, is Yezdi Lashkari. Its Indian entity Flexmoney Technologies Private Limited reported revenue of ₹8.71 Cr. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Simpl, Credit Fair and ZestMoney; 3 of its 3 listed competitors have raised funding.
Company details
Flexmoney was established in 2015 in Mumbai, India, as a fintech firm focused on alternative lending. Purchase loans are provided at points of sale to enable consumer credit access. Instant credit decisions are facilitated through responses to basic questions, supporting financing options in the retail sector. Operations center on consumer lending within the Indian market.
- Headquarters Mumbai, India
- Employees 52
- Founders Yezdi Lashkari
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website flexmoney.in
- Social LinkedIn
- Legal Name Flexmoney Technologies Private Limited
- Date of Incorporation 08 Dec, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹8.71 Cr
FY 2025 · -32% YoY
- Net Loss-₹10.73 Cr
FY 2025 · -123% margin
- EBITDA-₹10.63 Cr
FY 2025 · -122% margin
- Total Equity Funding$4.8M (USD)
in 1 rounds
- Latest Funding Round$4.8M (USD), Series A
Jun 2021
- InvestorsPravega Ventures
& 5 more
- Employee Count52
Associated legal entities of Flexmoney
Flexmoney operates through Flexmoney Technologies 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 |
|---|---|---|---|---|---|---|---|
| Flexmoney Technologies Private Limited CIN U72200MH2015PTC270835 | Active | 08 Dec 2015 | Mumbai, Maharashtra | ₹8.7 Cr | 52 | 2 | View details |
Funding Insights of Flexmoney
Flexmoney has successfully raised a total of $4.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.8 million completed in June 2021. 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 $4.8M
- Total Rounds 1
- Last Round Series A — $4.8M
- First Round $4.8M
(Jun 2021)
- Investors Count 6
All 1 funding rounds of Flexmoney 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 |
|---|---|---|---|---|---|
| Jun 2021 | $4.8M | Series A | – | Pravega Ventures |
6 investors in total: 2 institutional and 4 angel.
Investors in Flexmoney
Flexmoney has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Pravega Ventures, Z5 Capital and Ben Davey.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services, strategic advisory, and partnerships in investments. | pravegavc.com | Bengaluru, India | ||
US-based startups are accelerated by Z5 Capital's sector-agnostic program. | z5capital.com | Palo Alto, United States | ||
BD Ben Davey | Angel investor and entrepreneur, co-founder of Airblack, focused on Indian startups | unknown_a4d09d3a43664e56b | ||
MS Mike Smith | Indian angel investor with focus on early-stage startups | unknown_6567d3baa35b48d19 | ||
RB Rishad Byramjee | CEO of Caspian Debt, active angel investor in Indian startups | unknown_2455041b2153481ba | ||
AM Ambarish Malpani | unknown_d114c28fecee4ad78 |
Investor details for Flexmoney
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Board of directors of Flexmoney Technologies Private Limited (Flexmoney)
Flexmoney Technologies Private Limited is the primary company behind Flexmoney. The board of Flexmoney Technologies Private Limited currently have 2 directors; the longest-serving is Yezdezard Zerxes Lashkari, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yezdezard Zerxes Lashkari DIN 06955161 | Managing Director | 08 Dec 2015 | 10 yrs 10 mo | Flexmoney Technologies Private Limited |
| Amit Sahai Mathur DIN 02920790 | Director | 26 Jun 2025 | 1 yr 4 mo | Flexmoney Technologies Private Limited |
People of Flexmoney
8 people are tracked at Flexmoney (7 in leadership, 1 in team); the tracked headcount is 52.
| Name | Role | Group |
|---|---|---|
Yezdi Lashkari | Founder & CEO | Leadership |
Ankit Singhal | Director - Program Management & Delivery | Leadership |
Chellakrishnan P | Director - Opeations | Leadership |
Arun Ganapathy | SVP & Head of Operations | Leadership |
K Sujit Nair | Zonal Head - Lender Relations | Leadership |
Sujit Nair | Head - Lender Relations | Leadership |
Pankaj Singh | Director - Operations | Leadership |
Shailesh Jathar | Devops Lead | Team |
Complete people profiles for Flexmoney
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Flexmoney
Figures of Flexmoney Technologies Private Limited, the primary company behind Flexmoney, for FY 2025. Revenue was ₹8.71 Cr (-32% year on year). Net loss was -₹10.73 Cr (-123% margin). EBITDA was -₹10.63 Cr (-122% margin). Revenue has grown at a compounded annual rate of -12% over three years and +2% over five years.
- ₹8.71 CrRevenue · FY 2025 · -32% YoY
- -₹10.73 CrNet loss · -123% margin
- -₹10.63 CrEBITDA · -122% margin
- ₹15.1 LakhPaid-up capital
- 52Employees (provident fund records)
- -12%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Flexmoney Technologies Private Limited are on its company page.
Detailed financial statements for Flexmoney
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Flexmoney
2 dated milestones of Flexmoney across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Flexmoney is founded.
- Funding First funding round of $4.8M.
Competitors of Flexmoney
Flexmoney has 3 listed competitors in our database, 3 of them funded. They include Simpl, Credit Fair and ZestMoney.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getsimpl.com | 2015 | Bengaluru, India | $47.47M | 144 | An online platform for purchase financing is provided by Simpl. | |
| creditfair.in | 2018 | Mumbai, India | $26.81M | 291 | Solar financing solutions are provided by Credit Fair in India. | |
| zestmoney.in | 2015 | Delhi, India | $151.12M | 21 | Online platform offering point-of-sale financing |
Detailed competitors of Flexmoney
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Flexmoney
The website of Flexmoney (flexmoney.in) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 17.7% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Flexmoney (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Flexmoney
Complete news archive for Flexmoney
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Frequently Asked Questions about Flexmoney
Flexmoney was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Flexmoney is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Yezdi Lashkari is the CEO of Flexmoney, as recorded in our data. They have also founded this company.
Flexmoney is a funded company, having raised a total of $4.8M across 1 funding round to date. The company's 1st funding round was a Series A of $4.8M, raised on Jun 2021.
Flexmoney has 52 employees.
The primary company behind Flexmoney, Flexmoney Technologies Private Limited, reported revenue of ₹8.71 Cr for FY 2025, down 32% year on year.
Flexmoney was established in 2015 in Mumbai, India, as a fintech firm focused on alternative lending. Purchase loans are provided at points of sale to enable consumer credit access. Instant credit decisions are facilitated through responses to basic questions, supporting financing options in the retail sector. Operations center on consumer lending within the Indian market.
Flexmoney's top competitors include ZestMoney, Simpl and Credit Fair.
Flexmoney has 6 investors. Key investors include Pravega Ventures, Z5 Capital, Ben Davey, Mike Smith, and Rishad Byramjee.
Flexmoney operates through Flexmoney Technologies Private Limited.
The legal entities of Flexmoney currently have 2 directors, including Yezdezard Zerxes Lashkari, Amit Sahai Mathur.