About Hotfoot
Hotfoot is a Financial Services company based in Chennai (India) founded in 2016 by Rajesh Venkatesan and Vivek Naidu. Hotfoot has raised $1.39 million across 3 funding rounds from investors including Multi-Act and WTL Financial Services. The company has 174 employees. Hotfoot was last valued at $1.47 million in September 2019. Its chief executive, as recorded, is Vivek Naidu. Its Indian entity Hotfoot Technology Solutions Private Limited reported revenue of ₹25.15 Cr. Hotfoot offers products and services including Rapid.ai, Naadi.ai, Lensights.ai, and WiseEngine. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Origination.
Company details
Provider of cloud-based platform offering loan origination solutions for banks. It provides users with solutions for business loans, commercial vehicle loans, car loans, personal loan, house loan and more. It uses AI technology for providing analytics which help in risk management, decision automation and financial monitoring.
- Headquarters Chennai, India
- Employees 174
- Founders Rajesh Venkatesan, Vivek Naidu
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website hotfoot.co.in
- Social LinkedIn X YouTube
- Legal Name Hotfoot Technology Solutions Private Limited
- Date of Incorporation 01 Nov, 2016
- Jurisdiction Kanchipuram, Tamil Nadu, India
- Annual Revenue₹25.15 Cr
FY 2025 · +15% YoY
- Net Profit₹5.97 Cr
FY 2025 · 24% margin
- EBITDA₹7.40 Cr
FY 2025 · 29% margin
- Total Equity Funding$1.39M (USD)
in 3 rounds
- Latest Funding Round$1.06M (USD), Seed
Dec 2024
- InvestorsMulti-Act
& 1 more
- Employee Count174
Associated legal entities of Hotfoot
Hotfoot operates through Hotfoot Technology 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 |
|---|---|---|---|---|---|---|---|
| Hotfoot Technology Solutions Private Limited CIN U72900TN2016PTC165978 | Active | 01 Nov 2016 | Kanchipuram, Tamil Nadu | ₹25.2 Cr | 174 | 4 | View details |
Products & Services of Hotfoot
Hotfoot offers a comprehensive portfolio of products and services, including Rapid.ai, Naadi.ai, Lensights.ai, and WiseEngine.
All-in-one platform for streamlining loan processing and servicing.
AI-powered tool for analyzing financial data in lending decisions.
Real-time dashboards for actionable lending performance insights.
Engine for simplifying decision-making and complex integrations.
Apps and channels of Hotfoot
its YouTube channel Hotfoot Technology Solutions has 677 subscribers and 11 videos.
Videos from Hotfoot
The most watched videos on Hotfoot's YouTube channel, Hotfoot Technology Solutions (677 subscribers). Click a video to play it here.
More on Hotfoot Technology Solutions.
Funding Insights of Hotfoot
Hotfoot has successfully raised a total of $1.39M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.06 million completed in December 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.
- Total Funding $1.39M
- Total Rounds 3
- Last Round Seed — $1.06M
- First Round $81,496
(Mar 2018)
- Investors Count 2
All 3 funding rounds of Hotfoot 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 |
|---|---|---|---|---|---|
| Dec 2024 | $1.06M | Seed | – | Multi-Act | – |
| Sep 2019 | $250,000 | Seed | $1.47M | WTL Financial Services | – |
| Mar 2018 | $81,496 | Seed | $920,669 | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2019 | $1.47M | •••••••• |
Last known valuation $1.47M (Sep 2019). 2 investors in total: 2 institutional.
Investors in Hotfoot
Hotfoot has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Multi-Act and WTL Financial Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment advisory and portfolio management services in the finance sector. | 1998 | multi-act.com | Mumbai, India | |
| wtlfinancial.com |
Investor details for Hotfoot
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Hotfoot Technology Solutions Private Limited (Hotfoot)
Hotfoot Technology Solutions Private Limited is the primary company behind Hotfoot. The board of Hotfoot Technology Solutions Private Limited currently have 4 directors; the longest-serving is Bhojarajulu Vivek Naidu, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhojarajulu Vivek Naidu DIN 05313152 | Whole-time director | 01 Nov 2016 | 9 yrs 11 mo | Hotfoot Technology Solutions Private Limited |
| Rajesh Venkatesan DIN 08076273 | Whole-time director | 01 Mar 2018 | 8 yrs 7 mo | Hotfoot Technology Solutions Private Limited |
| Kapil Komal Jawa DIN 10191116 | Additional Director | 02 Apr 2024 | 2 yrs 6 mo | Hotfoot Technology Solutions Private Limited |
| Harish Appu Prabhu DIN 02006453 | Additional Director | 17 Jun 2025 | 1 yr 4 mo | Hotfoot Technology Solutions Private Limited |
People of Hotfoot
38 people are tracked at Hotfoot (11 in leadership, 27 in team); the tracked headcount is 174.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Sriram S | Vice President Of Sales | Leadership |
Santhya Ln | Vice President Human Resources | Leadership |
Raja Reddy | Delivery Head | Leadership |
Nagesh Adiga | Head, Data Science | Leadership |
Hitesh Bhanu | Senior Vice President | Leadership |
Krishnan Gv | Director Of Engineering | Leadership |
Harshal Vora | Director - Product And Solutions Consulting | Leadership |
Arpit Sharma | Director | Leadership |
Sandeep Vellarikkat | Head - Alliances & Innovation | Leadership |
Hasti Khimani Vora | Business Analyst | Team |
Mathivanan S | Technical Lead | Team |
Dilliprakash Kp | Frontend Developer | Team |
Abhijeet Singh- | Java Developer | Team |
Dhanalakshmi K | Senior Member Of Technical Staff | Team |
Benny Jeyasekar | Senior Business Analyst | Team |
Sandeep S | Technical Lead | Team |
Mariammal Murugesan | Java Developer | Team |
Prabu Santhanam | Technical Lead | Team |
18 more people are available in the full profile.
Complete people profiles for Hotfoot
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Hotfoot
Figures of Hotfoot Technology Solutions Private Limited, the primary company behind Hotfoot, for FY 2025. Revenue was ₹25.15 Cr (+15% year on year). Net profit was ₹5.97 Cr (24% margin). EBITDA was ₹7.40 Cr (29% margin). Revenue has grown at a compounded annual rate of +45% over three years and +51% over five years.
- ₹25.15 CrRevenue · FY 2025 · +15% YoY
- ₹5.97 CrNet profit · 24% margin
- ₹7.40 CrEBITDA · 29% margin
- ₹29.8 LakhPaid-up capital
- 174Employees (provident fund records)
- +45%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hotfoot Technology Solutions Private Limited are on its company page.
Detailed financial statements for Hotfoot
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Hotfoot
4 dated milestones of Hotfoot across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Hotfoot is founded.
- Funding First funding round of $81K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.1M.
Web traffic of Hotfoot
The website of Hotfoot (hotfoot.co.in) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 9% vs previous month
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Related news about Hotfoot
Complete news archive for Hotfoot
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Frequently Asked Questions about Hotfoot
Hotfoot was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Hotfoot is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Vivek Naidu is the CEO of Hotfoot, as recorded in our data. They have also founded this company.
Hotfoot is a funded company, having raised a total of $1.39M across 3 funding rounds to date. The company's 1st funding round was a Seed of $81.5K, raised on Mar 2018.
Hotfoot has 174 employees.
The primary company behind Hotfoot, Hotfoot Technology Solutions Private Limited, reported revenue of ₹25.15 Cr for FY 2025, up 15% year on year.
Provider of cloud-based platform offering loan origination solutions for banks. It provides users with solutions for business loans, commercial vehicle loans, car loans, personal loan, house loan and more. It uses AI technology for providing analytics which help in risk management, decision automation and financial monitoring.
Hotfoot offers Rapid.ai, Naadi.ai, Lensights.ai, and WiseEngine.
Hotfoot has 2 investors. Key investors include Multi-Act, and WTL Financial Services.
The valuation of Hotfoot is $1.47M as of Sep 2019.
Hotfoot operates through Hotfoot Technology Solutions Private Limited.
The legal entities of Hotfoot currently have 4 directors, including Harish Appu Prabhu, Bhojarajulu Vivek Naidu, Rajesh Venkatesan and others.