About Fugo Services
Fugo Services is a Financial Services company based in Irving (United States) founded in 2011 by Rajani Kanth and Vidya Ravikumar, and was acquired by Avanze in June 2022. Provider of title settlement support solution services for banking and financial institution. The company has 10 employees. Its Indian entity Fugo Creative Private Limited reported revenue of ₹6.82 Cr. Its focus areas include Service Providers to Banks and Banking Correspondents.
Company details
Fugo Services, established in 2011, excels in offering financial products and advice, service providers to banks, and banking correspondents. Provider of title settlement support solution services for banking and financial institution. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Irving, United States
- Employees 10
- Founders Rajani Kanth, Vidya Ravikumar
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fugoservices.com
- Social LinkedIn X Facebook
- Acquired by Avanze (Jun 2022)
- Legal Name Fugo Creative Private Limited
- Date of Incorporation 20 Feb, 2007
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Fugo Services
Fugo Services operates through Fugo Creative 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 |
|---|---|---|---|---|---|---|---|
| Fugo Creative Private Limited CIN U22190KA2007PTC041830 | Active | 20 Feb 2007 | Bangalore, Karnataka | ₹6.8 Cr | 10 | 2 | View details |
Investors in Fugo Services
Fugo Services has secured backing from 1 investor. Prominent investors backing the company include Avanze.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers AI-based loan lifecycle management for the mortgage industry. | 2015 | avanzegroup.com | Orlando, United States |
Investor details for Fugo Services
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Board of directors of Fugo Creative Private Limited (Fugo Services)
Fugo Creative Private Limited is the primary company behind Fugo Services. The board of Fugo Creative Private Limited currently have 2 directors; the longest-serving is Srivathsa Srinivasan Prathivadhi, appointed in 2007. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srivathsa Srinivasan Prathivadhi DIN 00982109 | Director | 20 Feb 2007 | 19 yrs 8 mo | Fugo Creative Private Limited |
| Rajanikanth Katragadda DIN 02044487 | Director | 04 Oct 2008 | 18 yrs 1 mo | Fugo Creative Private Limited |
People of Fugo Services
7 people are tracked at Fugo Services (4 in leadership, 3 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Rajani Kanth | Co-Founder | Leadership |
Vidya Ravikumar | Co-Founder | Leadership |
Sarah Bahlman | VP, Client Relations & Sales | Leadership |
Srivathsa P S | Co-Founder & CEO | Leadership |
Jaganmohana Rao S | Project Manager, Senior Technical | Team |
Crystal Arsiaga | Account Manager | Team |
Debbie V. | Business Development Executive | Team |
Complete people profiles for Fugo Services
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- Full employee list
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Financials of Fugo Services
Figures of Fugo Creative Private Limited, the primary company behind Fugo Services, for FY 2025. Revenue was ₹6.82 Cr (-13% year on year). Net loss was -₹83.7 Lakh (-12% margin). EBITDA was -₹41 Lakh (-6% margin). Revenue has grown at a compounded annual rate of -51% over three years and -31% over five years.
- ₹6.82 CrRevenue · FY 2025 · -13% YoY
- -₹83.7 LakhNet loss · -12% margin
- -₹41 LakhEBITDA · -6% margin
- ₹1 LakhPaid-up capital
- 10Employees (provident fund records)
- -51%Revenue CAGR, 3 years
- -31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fugo Creative Private Limited are on its company page.
Detailed financial statements for Fugo Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Fugo Services
2 dated milestones of Fugo Services across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Fugo Services is founded.
- Exit Acquired by Avanze.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Fugo Services (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about Fugo Services
Fugo Services was founded in 2011.
Fugo Services is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Fugo Services has 10 employees.
The primary company behind Fugo Services, Fugo Creative Private Limited, reported revenue of ₹6.82 Cr for FY 2025, down 13% year on year.
Fugo Services, established in 2011, excels in offering financial products and advice, service providers to banks, and banking correspondents. Provider of title settlement support solution services for banking and financial institution. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Fugo Services has 1 investor. Key investors include Avanze.
Fugo Services operates through Fugo Creative Private Limited.
Yes. Fugo Services was acquired by Avanze in June 2022.
The legal entities of Fugo Services currently have 2 directors, including Rajanikanth Katragadda, Srivathsa Srinivasan Prathivadhi.