About Fyp Money
Fyp Money is a company based in Gurugram (India) founded in 2021 by Kapil Banwari.. Fyp Money has raised $2 million across 1 funding round from investors including DreamFolks, Liberatha Kallat and Mukesh Yadav. The company has 1 employees as of April 05, 2024. Fyp Money has completed 1 acquisition, including Uniform Ventures Pvt. Fyp Money operates in a competitive market with competitors including Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.
- Headquarter Gurugram, India
- Employees 1 as on 05 Apr, 2024
- Founders Kapil Banwari
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fyp Money Private Limited
- Date of Incorporation 29 Sep, 2022
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Apr 27, 2021
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Investors
DreamFolks
& 3 more
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Employee Count
1
as on Apr 05, 2024
- Investments & Acquisitions
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Funding Insights of Fyp Money
Fyp Money has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 2021. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(27 Apr 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - Fyp Money | Valuation | Liberatha Kallat , Mukesh Yadav |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fyp Money
Fyp Money has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include DreamFolks, Liberatha Kallat and Mukesh Yadav. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Global aggregation of travel and lifestyle services for banking, fintech, and enterprises.
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Founded Year | Domain | Location | |
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LK
Liberatha Kallat |
Angel investor, ex-MD of Goldman Sachs, focused on Indian startups
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Founded Year | Domain | Location |
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MY
Mukesh Yadav |
Angel investor and entrepreneur, founder of Finvu, focused on fintech innovation
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fyp Money
Fyp Money has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Uniform Ventures Pvt. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online platform offering school discovery solutions
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Fyp Money
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fyp Money Comparisons
Competitors of Fyp Money
Fyp Money 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 Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for wealth management
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| domain | founded_year | HQ Location |
Digital banking services are offered to individual users.
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| domain | founded_year | HQ Location |
Neobank for individuals
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| domain | founded_year | HQ Location |
Agent-based payment solutions for businesses are provided.
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| domain | founded_year | HQ Location |
AI-powered online banking solutions are integrated with HR workflows.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fyp Money
Frequently Asked Questions about Fyp Money
When was Fyp Money founded?
Fyp Money was founded in 2021.
Where is Fyp Money located?
Fyp Money is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Fyp Money?
Kapil Banwari is the current CEO of Fyp Money. They have also founded this company.
Is Fyp Money a funded company?
Fyp Money is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Apr 27, 2021.
How many employees does Fyp Money have?
As of Apr 05, 2024, the latest employee count at Fyp Money is 1.
What does Fyp Money do?
Fyp Money was founded in 2021 in Gurugram, India, as a fintech company focused on digital banking for teenagers. Deposit accounts, debit cards for payments, ATM cash withdrawals, and instant UPI transfers are provided through an app available on iOS and Android. Opportunities to earn money via partner programs, investments, and rewards are included, along with tracking of family expenditure and investment patterns.
Who are the top competitors of Fyp Money?
Fyp Money's top competitors include Freo, Niyo and OneBanc Technologies.
How many acquisitions has Fyp Money made?
Fyp Money has made 1 acquisition, including Uniform Ventures Pvt.
Who are Fyp Money's investors?
Fyp Money has 4 investors. Key investors include DreamFolks, Liberatha Kallat, Mukesh Yadav, and Dinesh Nagpal.
What is Fyp Money's valuation?
The valuation of Fyp Money is $2.55M as of Apr 2021.