About ftcash
ftcash is a company based in Mumbai (India) founded in 2015 by Vaibhav Lodha, Sanjeev Chandak, and Deepak Kothari. ftcash has raised $16.08 million across 7 funding rounds from investors including Citi, Accion and IvyCap Ventures. The company has 400 employees as of June 30, 2025. ftcash operates in a competitive market with competitors including FlexiLoans, DMI Finance, Bizongo, Clix Capital and InCred, among others.
- Headquarter Mumbai, India
- Employees 400 as on 30 Jun, 2025
- Founders Vaibhav Lodha, Sanjeev Chandak, Deepak Kothari
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
$4.46 M (USD)33as on Mar 31, 2024
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Net Profit
-$751.23 K (USD)42as on Mar 31, 2024
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EBITDA
-$404.6 K (USD)66as on Mar 31, 2024
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Total Equity Funding
$16.08 M (USD)
in 7 rounds
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Latest Funding Round
$1.14 M (USD), Series A
Jul 31, 2024
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Investors
Citi
& 15 more
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Employee Count
400
as on Jun 30, 2025
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Funding Insights of ftcash
ftcash has successfully raised a total of $16.08M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.14 million completed in July 2024. 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.
Investors in ftcash
ftcash has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Citi, Accion and IvyCap Ventures.
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Venture capital and acceleration are provided to tech startups.
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Investor details for ftcash
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Investments & Acquisitions by ftcash
Investment portfolio details for ftcash
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Financial Statements - ftcash
Detailed financials for ftcash
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Ftcash Comparisons
Peer comparison for ftcash
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Competitors of ftcash
ftcash 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 FlexiLoans, DMI Finance, Bizongo, Clix Capital and InCred, among others.
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Business loans and financial products for MSMEs are provided.
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Personal, MSME, consumption, and EV loans are provided digitally.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Lending platform for consumers and businesses is provided.
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Financial services are provided, specializing in personal and business loans.
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Software solutions are provided for e-commerce and D2C brands.
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Detailed competitors of ftcash
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Latest news on Ftcash
Complete news archive for ftcash
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Frequently Asked Questions about ftcash
ftcash was founded in 2015 and raised its 1st funding round 1 year after it was founded.
ftcash is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sanjeev Chandak is the current CEO of ftcash. They have also founded this company.
ftcash is a funded company, having raised a total of $16.08M across 7 funding rounds to date.
As of Jun 30, 2025, the latest employee count at ftcash is 400.
Annual revenue of ftcash is $4.46M as on Mar 31, 2024.
Founded in 2015 and based in Mumbai, India, ftcash functions as a financial technology platform. Short-term unsecured loans are extended to micro-merchants, small businesses, and retail chains. Automated daily and weekly repayment schedules are facilitated, alongside rapid disbursal processes and reduced paperwork requirements. Access to credit is enabled for underserved segments through digital payment integrations and lending solutions.
ftcash's top competitors include InCred, FlexiLoans and Yubi.
ftcash has 16 investors. Key investors include Citi, Accion, IvyCap Ventures, FMO, and Tracxn Labs.
The valuation of ftcash is $21.25M as of Jul 2024.