About FNL
FNL is a Financial Services company based in Bengaluru (India) by Kuldeep E S. It offers home, business, LAP, and personal loans across India. It operates on a D2C model. The company has 2 employees. Its Indian entity Firstfin Nidhi Limited reported revenue of ₹3.2 Lakh. FNL offers products and services including Home Loans, Business Loans, Loan Against Property (LAP), and Personal Loans. Its focus areas include FinTech, Lending Tech, Business Loans and Commercial Financing. Its competitors include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
Company details
First Fin is a loan provider in India, specializing in home, business, loans against property, and personal loans. They operate through agencies that assist in submitting proposals to banks for faster approvals and minimal hassle. The company focuses on making financial solutions accessible nationwide with expert guidance and quick processes, including an app for instant personal loans. They serve individuals and businesses seeking reliable funding options.
- Headquarters Bengaluru, India
- Employees 2
- Founders Kuldeep E S
- SectorsFinancial Services
- Email••••••••
- Website firstfin.in
- Legal Name Firstfin Nidhi Limited
- Date of Incorporation 19 May, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.2 Lakh
FY 2021
- Net Profit₹20,230
FY 2021 · 6% margin
- EBITDA₹1.3 Lakh
FY 2021 · 42% margin
- Employee Count2
Associated legal entities of FNL
FNL operates through Firstfin Nidhi Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Firstfin Nidhi Limited CIN U65999KA2020PLN134183 | Active | 19 May 2020 | Bangalore, Karnataka | ₹0.0 Cr | 2 | 4 | View details |
Products & Services of FNL
FNL offers a comprehensive portfolio of products and services, including Home Loans, Business Loans, Loan Against Property (LAP), and Personal Loans.
Loans for purchasing or refinancing homes with quick bank approvals.
Funding for business growth and operations through agency support.
Secured loans using property as collateral for financial needs.
Instant loans up to Rs 50,000 via app for various personal expenses.
Board of directors of Firstfin Nidhi Limited (FNL)
Firstfin Nidhi Limited is the primary company behind FNL. The board of Firstfin Nidhi Limited currently have 4 directors; the longest-serving is Kuldeep Eregodu Satyanarayana, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kuldeep Eregodu Satyanarayana DIN 07724609 | Director | 19 May 2020 | 6 yrs 5 mo | Firstfin Nidhi Limited |
| Jayashree Satyanarayana DIN 08743435 | Director | 19 May 2020 | 6 yrs 5 mo | Firstfin Nidhi Limited |
| Cholungunte Ramachand Rachary Pushpamala Jagadeesh DIN 08079655 | Director | 19 May 2020 | 6 yrs 5 mo | Firstfin Nidhi Limited |
| Mehul Mangla DIN 09383603 | Director | 08 Nov 2021 | 4 yrs 11 mo | Firstfin Nidhi Limited |
People of FNL
1 people are tracked at FNL (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Kuldeep E S | Founder, Managing Director | Leadership |
Complete people profiles for FNL
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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Verified entity values are shown only after access is granted.
Financials of FNL
Figures of Firstfin Nidhi Limited, the primary company behind FNL, for FY 2021. Revenue was ₹3.2 Lakh. Net profit was ₹20,230 (6% margin). EBITDA was ₹1.3 Lakh (42% margin).
- ₹3.2 LakhRevenue · FY 2021
- ₹20,230Net profit · 6% margin
- ₹1.3 LakhEBITDA · 42% margin
- ₹5 LakhPaid-up capital
- 2Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Firstfin Nidhi Limited are on its company page.
Detailed financial statements for FNL
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.
Competitors of FNL
FNL has 3 listed competitors in our database. They include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| margadarsi.com | 1962 | Hyderabad, India | 737 | Functions as a cooperative lending company providing financial services. | ||
| kannattu.com | 1986 | Chengannur, India | 112 | Offers gold loans, insurance, travel services, and money transfer in India. | ||
| sayanidhi.com | 2018 | Jaipur, India | Financial company providing deposits, loans, saving accounts, and schemes for members in India. |
Detailed competitors of FNL
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Alternative Lending
3 companies that operate in the same segment as FNL (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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Frequently Asked Questions about FNL
FNL is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind FNL, Firstfin Nidhi Limited, reported revenue of ₹3.2 Lakh for FY 2021.
First Fin is a loan provider in India, specializing in home, business, loans against property, and personal loans. They operate through agencies that assist in submitting proposals to banks for faster approvals and minimal hassle. The company focuses on making financial solutions accessible nationwide with expert guidance and quick processes, including an app for instant personal loans. They serve individuals and businesses seeking reliable funding options.
FNL's top competitors include Margadarsi Chit Fund, Kannattu and Saya Nidhi.
FNL offers Home Loans, Business Loans, Loan Against Property (LAP), and Personal Loans.
FNL operates through Firstfin Nidhi Limited.
The legal entities of FNL currently have 4 directors, including Mehul Mangla, Kuldeep Eregodu Satyanarayana, Jayashree Satyanarayana and others.