About Flippy Finance
Flippy Finance is a Financial Services company based in Bengaluru (India) founded in 2021 by Srinidhi Moodalagiri. Cryptocurrency trading and investment are enabled via an online platform. Flippy Finance has raised $1.15 million across 2 funding rounds from investors including RedStart Labs, Entrepreneur First and Justin Caldbeck. The company has 1 employees. Its chief executive, as recorded, is Srinidhi Moodalagiri. Its Indian entity Smoovar Tech Private Limited reported revenue of ₹95.8 Lakh. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms.
Company details
Flippy was established in 2021 in Bengaluru, India, as an online platform focused on the cryptocurrency sector. Investments in digital assets are supported, along with trading functionalities, portfolio monitoring, and fund deposits. Diversified portfolios can be assembled instantly through curated baskets. Operations are centered on providing accessible tools for users in the crypto investment space.
- Headquarters Bengaluru, India
- Employees 1
- Founders Srinidhi Moodalagiri
- SectorsFinancial Services
- Email••••••••
- Website flippyfinance.com
- Social LinkedIn
- Legal Name Smoovar Tech Private Limited
- Date of Incorporation 22 Jun, 2021
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹95.8 Lakh
FY 2024 · -60% YoY
- Net Loss-₹27.7 Lakh
FY 2024 · -29% margin
- EBITDA-₹20.8 Lakh
FY 2024 · -22% margin
- Total Equity Funding$1.15M (USD)
in 2 rounds
- Latest Funding Round$1.15M (USD), Seed
Apr 2022
- InvestorsRedStart Labs
& 4 more
- Employee Count1
Associated legal entities of Flippy Finance
Flippy Finance operates through Smoovar Tech 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 |
|---|---|---|---|---|---|---|---|
| Smoovar Tech Private Limited CIN U74999WB2021PTC245902 | Active | 22 Jun 2021 | Kolkata, West Bengal | ₹1.0 Cr | 2 | View details |
Funding Insights of Flippy Finance
Flippy Finance has successfully raised a total of $1.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.15 million completed in April 2022. 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 $1.15M
- Total Rounds 2
- Last Round Seed — $1.15M
- Investors Count 5
All 2 funding rounds of Flippy Finance 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 2022 | $1.15M | Seed | – | RedStart Labs | |
| Sep 2021 | Seed | – | Entrepreneur First | – |
5 investors in total: 2 institutional and 3 angel.
Investors in Flippy Finance
Flippy Finance has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include RedStart Labs, Entrepreneur First and Justin Caldbeck.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Backing startups in science and technology as a subsidiary of InfoEdge. | 2020 | redstartlabs.in | , India | |
Provider of a program turning individuals into funded technology company founders | joinef.com | London, United Kingdom | ||
JC Justin Caldbeck | Angel investor, co-founder of Binary Capital, focused on early-stage tech startups. | unknown_bd666b22772e4a2aa | ||
AL Alex Lin | Angel investor focusing on Indian startups, tech enthusiast | unknown_57c535157b4d43719 | ||
AR Anirudh Rastogi | unknown_1c31d930f72243338 |
Investor details for Flippy Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Smoovar Tech Private Limited (Flippy Finance)
Smoovar Tech Private Limited is the primary company behind Flippy Finance. The board of Smoovar Tech Private Limited currently have 2 directors; the longest-serving is Srinidhi Moodalagiri Bharatesha, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinidhi Moodalagiri Bharatesha DIN 09210803 | Director | 22 Jun 2021 | 5 yrs 4 mo | Smoovar Tech Private Limited |
| Srivar Harlalka DIN 07343187 | Director | 22 Jun 2021 | 5 yrs 4 mo | Smoovar Tech Private Limited |
People of Flippy Finance
2 people are tracked at Flippy Finance (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
William Vaughn | Chief Executive Officer | Leadership |
Complete people profiles for Flippy Finance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Flippy Finance
Figures of Smoovar Tech Private Limited, the primary company behind Flippy Finance, for FY 2024. Revenue was ₹95.8 Lakh (-60% year on year). Net loss was -₹27.7 Lakh (-29% margin). EBITDA was -₹20.8 Lakh (-22% margin).
- ₹95.8 LakhRevenue · FY 2024 · -60% YoY
- -₹27.7 LakhNet loss · -29% margin
- -₹20.8 LakhEBITDA · -22% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Smoovar Tech Private Limited are on its company page.
Detailed financial statements for Flippy Finance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Flippy Finance
3 dated milestones of Flippy Finance across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Flippy Finance is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.1M.
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Related news about Flippy Finance
Complete news archive for Flippy Finance
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Frequently Asked Questions about Flippy Finance
Flippy Finance was founded in 2021.
Flippy Finance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Srinidhi Moodalagiri is the CEO of Flippy Finance, as recorded in our data. They have also founded this company.
Flippy Finance is a funded company, having raised a total of $1.15M across 2 funding rounds to date.
Flippy Finance has 1 employees.
The primary company behind Flippy Finance, Smoovar Tech Private Limited, reported revenue of ₹95.8 Lakh for FY 2024, down 60% year on year.
Flippy was established in 2021 in Bengaluru, India, as an online platform focused on the cryptocurrency sector. Investments in digital assets are supported, along with trading functionalities, portfolio monitoring, and fund deposits. Diversified portfolios can be assembled instantly through curated baskets. Operations are centered on providing accessible tools for users in the crypto investment space.
Flippy Finance has 5 investors. Key investors include RedStart Labs, Entrepreneur First, Justin Caldbeck, Alex Lin, and Anirudh Rastogi.
Flippy Finance operates through Smoovar Tech Private Limited.
The legal entities of Flippy Finance currently have 2 directors, including Srinidhi Moodalagiri Bharatesha, Srivar Harlalka.