About Fundfina
Fundfina is a company based in Bokaro Steel City (India) founded in 2016 by Nishant Bhaskar. Fundfina has raised $2.01 million across 4 funding rounds from investors including Mumbai Angels, Hem Securities and LetsVenture. Fundfina offers products and services including Custom Lending Program, Merchant Brisk Invoice Financing, TrueScore™, Merchant Bikri, and Rn Platform. Fundfina operates in a competitive market with competitors including FlexiLoans, Bizongo, Clix Capital, InCred and Lendingkart, among others.
- Headquarter Bokaro Steel City, India
- Founders Nishant Bhaskar
- 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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- Legal Name Fundfina Technologies Pvt Ltd
- Jurisdiction Bokaro, Jharkhand, India
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Annual Revenue
$62.38 K (USD)65.95as on Mar 31, 2023
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Net Profit
-$512 K (USD)-244.09as on Mar 31, 2023
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EBITDA
-$430.89 K (USD)-228.27as on Mar 31, 2023
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Total Equity Funding
$2.01 M (USD)
in 4 rounds
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Latest Funding Round
$1.3 M (USD), Seed
Feb 18, 2022
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Investors
Mumbai Angels
& 49 more
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Employee Count
Not available
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Products & Services of Fundfina
Fundfina offers a comprehensive portfolio of products and services, including Custom Lending Program, Merchant Brisk Invoice Financing, TrueScore™, Merchant Bikri, and Rn Platform.
Enables corporates to build tailored lending for merchants.
Provides invoice-based credit for business liquidity needs.
Generates cash flow-based scores for SME creditworthiness.
Offers cash flow credit solutions for merchants.
Delivers custom software for collections and recoveries.
Manages collections and recoveries for lenders.
People of Fundfina
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Funding Insights of Fundfina
Fundfina has successfully raised a total of $2.01M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in February 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.
Investors in Fundfina
Fundfina has secured backing from 50 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mumbai Angels, Hem Securities and LetsVenture.
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Financial services platform offering asset management, wealth management, and private equity in India.
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Private equity firm focused on multiple sectors
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Investor details for Fundfina
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Investments & Acquisitions by Fundfina
Investment portfolio details for Fundfina
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Financial Statements - Fundfina
Detailed financials for Fundfina
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Fundfina Comparisons
Peer comparison for Fundfina
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Competitors of Fundfina
Fundfina 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, Bizongo, Clix Capital, InCred and Lendingkart, among others.
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Business loans and financial products for MSMEs are provided.
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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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Provider of unsecured business loans and working capital financing to MSMEs
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Business loans are facilitated through an online debt marketplace.
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Detailed competitors of Fundfina
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Latest news on Fundfina
Complete news archive for Fundfina
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Frequently Asked Questions about Fundfina
Fundfina was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Fundfina is headquartered in Bokaro Steel City, India. It is registered at Bokaro Steel City, Jharkhand, India.
Nishant Bhaskar is the current CEO of Fundfina. They have also founded this company.
Fundfina is a funded company, having raised a total of $2.01M across 4 funding rounds to date.
Annual revenue of Fundfina is $62.38K as on Mar 31, 2023.
Provider of embedded finance solutions for MSME lending. It offers a platform enabling corporates to create custom lending programs for their merchants, utilizing cash flow-based credit assessments. The platform includes APIs for seamless integration, facilitating faster access to funding and tailored financing options. It also provides credit indices and a marketplace connecting lenders and borrowers. The company partners with various lenders to provide capital.
Fundfina's top competitors include InCred, FlexiLoans and Yubi.
Fundfina offers Custom Lending Program, Merchant Brisk Invoice Financing, TrueScore™, Merchant Bikri, and 2 more products and services.
Fundfina has 50 investors. Key investors include Mumbai Angels, Hem Securities, LetsVenture, Lepton Software, and Emerald Leasing Finance & Investment.
The valuation of Fundfina is $5.57M as of Nov 2021.