About Goals101
Goals101 is a Financial Services company based in Delhi (India) founded in 2016 by Shivam Maheshwari, Milan Naik, and Visham Sikand, and was acquired by M2P Fintech in December 2023. Business intelligence solutions for banks. It operates in the Financial Services and Technology sectors. Goals101 has raised $27.63 million across 9 funding rounds from investors including M2P Fintech, Nexus Venture Partners and Dentsu. The company has 23 employees. Goals101 was last valued at $49.8 million in October 2021. Its chief executive, as recorded, is Milan Naik. Its website goals101.ai draws about 20 thousand monthly visits. Its Indian entity Goals101 Data Solutions Private Limited reported revenue of ₹4.37 Cr. Its focus areas include FinTech, Banking Tech, Business Intelligence and Enterprise Applications. Its competitors include Finarkein Analytics, Data Sutram and Karza; 3 of its 3 listed competitors have raised funding.
Company details
Goals101 was founded in 2016 and is based in Delhi, India. Operations focus on the finance sector, where business intelligence solutions are provided to banks. The platform Alpha is utilized to process unprocessed data into analytical insights, supported by artificial intelligence, deep learning, and machine learning. End-to-end campaigns are also implemented to enhance data-driven decision-making in the industry.
- Headquarters Delhi, India
- Employees 23
- Founders Shivam Maheshwari, Milan Naik, Visham Sikand
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website goals101.ai
- Social LinkedIn X
- Acquired by M2P Fintech (Dec 2023)
- Legal Name Goals101 Data Solutions Private Limited
- Date of Incorporation 29 Apr, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹4.37 Cr
FY 2025 · -7% YoY
- Net Loss-₹13.93 Cr
FY 2025 · -319% margin
- EBITDA-₹12.78 Cr
FY 2025 · -293% margin
- Total Equity Funding$27.63M (USD)
in 9 rounds
- Latest Funding Round$993.69K (USD), Series A
Oct 2021
- InvestorsM2P Fintech
& 8 more
- Employee Count23
- Acquired byM2P Fintech
(Dec 2023)
Associated legal entities of Goals101
Goals101 operates through Goals101 Data Solutions 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 |
|---|---|---|---|---|---|---|---|
| Goals101 Data Solutions Private Limited CIN U74999DL2016PTC298740 | Active | 29 Apr 2016 | New Delhi, Delhi | ₹4.4 Cr | 23 | 3 | View details |
Funding Insights of Goals101
Goals101 has successfully raised a total of $27.63M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $993.69 thousand completed in October 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 $27.63M
- Total Rounds 9
- Last Round Series A — $993,692
- First Round $59,873
(Mar 2017)
- Investors Count 8
All 9 funding rounds of Goals101 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $993,692 | Series A | $49.8M | Dentsu | – |
| Sep 2020 | $10M | Series B | – | – | |
| Jan 2020 | $1.49M | Series A | $30.87M | Nexus Venture Partners | – |
| May 2019 | $10.13M | Series A | – | – | – |
| Mar 2019 | $1.08M | Series A | $••••• | Atul Goel | |
| Feb 2018 | $3.6M | Series A | $••••• | Nexus Venture Partners | – |
| Sep 2017 | $279,560 | Seed | $••••• | Sprout Venture Partners | – |
| Jul 2017 | Seed | – | – | ||
| Mar 2017 | $59,873 | Angel Round | $••••• | Praveen Das, Vivek Gupta | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $49.8M | •••••••• |
| Jan 2020 | $30.87M | •••••••• |
| Mar 2019 | $••••• | •••••••• |
| Feb 2018 | $••••• | •••••••• |
| Sep 2017 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of Goals101
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $49.8M (Oct 2021). 9 investors in total: 6 institutional and 3 angel.
Investors in Goals101
Goals101 has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include M2P Fintech, Nexus Venture Partners and Dentsu.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | nexusvp.com | Menlo Park, United States | |
Early-stage venture capital investing in consumption and technology sectors in India. | 2016 | sproutvp.com | Bengaluru, India | |
VC firm investing globally | autotechvc.com | Menlo Park, United States | ||
Venture capital arm of Alphabet Inc. investing in AI | gradient.com | Mountain View, United States | ||
Integrated marketing, technology, and consulting services are provided globally. | 1901 | dentsu.com | Tokyo, Japan | |
Banking, lending, and payment solutions are provided via custom APIs. | 2014 | m2pfintech.com | Chennai, India | |
AG Atul Goel | Founder of Goel Ganga Group, prominent real estate angel investor | unknown_24da4b8dadf14a9cb | ||
PD Praveen Das | Founder of MyStudyRoom, angel investor in edtech and consumer tech startups | unknown_ea80040649f94f8c8 | ||
VG Vivek Gupta | Co-founder of Licious, active angel investor in Indian startups | unknown_88724877880e49408 |
Investor details for Goals101
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Goals101 Data Solutions Private Limited (Goals101)
Goals101 Data Solutions Private Limited is the primary company behind Goals101. The board of Goals101 Data Solutions Private Limited currently have 3 directors; the longest-serving is Rangarajan Madhusudanan, appointed in 2023. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rangarajan Madhusudanan DIN 06992744 | Director | 11 Dec 2023 | 2 yrs 10 mo | Goals101 Data Solutions Private Limited |
| Prabhu Rangarajan DIN 07381819 | Director | 11 Dec 2023 | 2 yrs 10 mo | Goals101 Data Solutions Private Limited |
| Muthukumar Ayyakkannu DIN 07381905 | Director | 11 Dec 2023 | 2 yrs 10 mo | Goals101 Data Solutions Private Limited |
People of Goals101
12 people are tracked at Goals101 (4 in leadership, 5 in board & advisors, 3 in team); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Shivam Maheshwari | Co-Founder & CTO | Leadership |
Milan Naik | Co-Founder & CEO | Leadership |
Visham Sikand | Co-Founder & Managing Director | Leadership |
Kamala Iyer | Managing Director, CEMEA | Leadership |
Sanjay Rishi | Advisory Board Member | Board & advisors |
Umang Bedi | Director | Board & advisors |
Prasad Ram | Advisory Board Member | Board & advisors |
Anupam Bhat | Advisor | Board & advisors |
Sameer Verma | Director | Board & advisors |
Anjali Anto | AVP, HR | Team |
Sumeet Bisht | SDE 2 - Platform Engineering | Team |
Vipul Deora | Senior Product Manager | Team |
Complete people profiles for Goals101
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Goals101
Figures of Goals101 Data Solutions Private Limited, the primary company behind Goals101, for FY 2025. Revenue was ₹4.37 Cr (-7% year on year). Net loss was -₹13.93 Cr (-319% margin). EBITDA was -₹12.78 Cr (-293% margin). Revenue has grown at a compounded annual rate of -7% over three years and +9% over five years.
- ₹4.37 CrRevenue · FY 2025 · -7% YoY
- -₹13.93 CrNet loss · -319% margin
- -₹12.78 CrEBITDA · -293% margin
- ₹1.8 LakhPaid-up capital
- 23Employees (provident fund records)
- -7%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Goals101 Data Solutions Private Limited are on its company page.
Detailed financial statements for Goals101
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.
Timeline of Goals101
5 dated milestones of Goals101 across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Goals101 is founded.
- Funding First funding round of $60K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $994K.
- Exit Acquired by M2P Fintech.
Competitors of Goals101
Goals101 has 3 listed competitors in our database, 3 of them funded. They include Finarkein Analytics, Data Sutram and Karza.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| finarkein.com | 2019 | Pune, India | $5.78M | 58 | AI powered data analytics platform for the BFSI industry | |
| datasutram.com | 2018 | Mumbai, India | $14.74M | 72 | Platform offering external data insights for enterprises across the customer lifecycle | |
| karza.in | 2015 | Mumbai, India | $1.18M | 1,241 | AI-powered financial data analysis and decision support are provided. |
Detailed competitors of Goals101
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Goals101
The website of Goals101 (goals101.ai) receives about 20.2K visits a month.
- Monthly visits20.2K
▲ 25.1% vs previous month
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Related news about Goals101
Complete news archive for Goals101
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Frequently Asked Questions about Goals101
Goals101 was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Goals101 is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Milan Naik is the CEO of Goals101, as recorded in our data. They have also founded this company.
Goals101 is a funded company, having raised a total of $27.63M across 9 funding rounds to date. The company's 1st funding round was a Angel Round of $59.87K, raised on Mar 2017.
Goals101 has 23 employees.
The primary company behind Goals101, Goals101 Data Solutions Private Limited, reported revenue of ₹4.37 Cr for FY 2025, down 7% year on year.
Goals101 was founded in 2016 and is based in Delhi, India. Operations focus on the finance sector, where business intelligence solutions are provided to banks. The platform Alpha is utilized to process unprocessed data into analytical insights, supported by artificial intelligence, deep learning, and machine learning. End-to-end campaigns are also implemented to enhance data-driven decision-making in the industry.
Goals101's top competitors include Finarkein Analytics, Data Sutram and Karza.
Goals101 has 9 investors. Key investors include M2P Fintech, Nexus Venture Partners, Dentsu, Sprout Venture Partners, and Atul Goel.
The valuation of Goals101 is $49.8M as of Oct 2021.
Goals101 operates through Goals101 Data Solutions Private Limited.
Yes. Goals101 was acquired by M2P Fintech in December 2023.