About Ignosis
Ignosis is a Financial Services company based in Ahmedabad (India) founded in 2022 by Chintan Sheth and Nirav Prajapati. Provider of AI-enabled financial data intelligence and loan management solution for banks and lenders. Ignosis has raised $5.49 million across 3 funding rounds from investors including Razorpay, Groww and Angel List. The company has 22 employees. Ignosis was last valued at $7.14 million in January 2024. Its chief executive, as recorded, is Nirav Prajapati. Its website ignosis.ai draws about 40 thousand monthly visits. Ignosis offers products and services including Account Aggregator, Lending Infrastructure, Analytics Engine, Intelligent Collections, and Personal Finance Management. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Suite. Its competitors include Perfios, Veefin and FinBox; 3 of its 3 listed competitors have raised funding.
Company details
Ignosis was founded in 2022 in Ahmedabad, India, as a provider of AI-driven financial data intelligence and loan management solutions targeted at the BFSI sector. Account Aggregator technology is utilized to access consented, secure, and real-time financial data, which is analyzed through AI and machine learning for insights into customer cashflows, profiling, and spending patterns. Services support banks and lenders in decision-making processes.
- Headquarters Ahmedabad, India
- Employees 22
- Founders Chintan Sheth, Nirav Prajapati
- Stage Minicorn
- SectorsFinancial Services
- Website category Finance · Investing
- Website ignosis.ai
- Social LinkedIn
- Annual Revenue$502.21 K (USD)41as on Mar 31, 2024
- Net Profit-$5.13 K (USD)-111as on Mar 31, 2024
- EBITDA$20.5 K (USD)-79as on Mar 31, 2024
- Total Equity Funding$5.49M (USD)
in 3 rounds
- Latest Funding Round$4M (USD), Seed
Sep 2025
- InvestorsRazorpay
& 7 more
- Employee Count22
Associated legal entities of Ignosis
Ignosis is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pirimid Fintech Llp CIN AAK-8955 | Active | 17 Oct 2017 | Ahmedabad, Gujarat | ₹0.1 Cr | 17 | 2 | View details |
| Ignosi Systems Private Limited CIN U72200GJ2022PTC128725 | Active | 19 Jan 2022 | Ahmedabad, Gujarat | ₹10.6 Cr | 12 | 2 | View details |
Products & Services of Ignosis
Ignosis offers a comprehensive portfolio of products and services, including Account Aggregator, Lending Infrastructure, Analytics Engine, Intelligent Collections, and Personal Finance Management.
Secure platform for linking financial accounts via AA.
End-to-end stack for OCEN and ONDC credit services.
AI-powered insights on cashflows and customer personas.
Tools for collections and risk assessment in lending.
Platform for personalized financial recommendations.
Funding Insights of Ignosis
Ignosis has successfully raised a total of $5.49M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in September 2025. 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 $5.49M
- Total Rounds 3
- Last Round Seed — $4M
- First Round $141,494
(Jun 2022)
- Investors Count 8
All 3 funding rounds of Ignosis 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 |
|---|---|---|---|---|---|
| Sep 2025 | $4M | Seed | – | Peak XV Partners | |
| Jan 2024 | $1.35M | Seed | $7.14M | – | |
| Jun 2022 | $141,494 | Angel Round | $4.02M | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $7.14M | •••••••• |
| Jun 2022 | $4.02M | •••••••• |
Last known valuation $7.14M (Jan 2024). 8 investors in total: 6 institutional and 2 angel.
Investors in Ignosis
Ignosis has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Razorpay, Groww and Angel List.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Venture capital and debt firm focused on pre-seed to series A stage companies | 2021 | forceventures.in | Bengaluru, India | |
An online platform for investments and trading services is offered. | 2016 | groww.in | Bengaluru, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Payment and business banking solutions are provided for enterprises. | 2014 | razorpay.com | Bengaluru, India | |
JP Jean Philippe Henri Rene Male | unknown_c7ce4b24241546da8 | |||
KS Kunal Shah | Founder of CRED, serial entrepreneur, and prominent Indian angel investor | unknown_07c67d77796049009 |
Investor details for Ignosis
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ignosis
The boards of the 2 registered companies of Ignosis currently have 3 directors; the longest-serving is Niravkumar Bhupendrakumar Prajapati, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Niravkumar Bhupendrakumar Prajapati DIN 07282952 | Designated Partner | 17 Oct 2017 | 9 yrs | Pirimid Fintech Llp, Ignosi Systems Private Limited |
| Bhupendrakumar Kashnaji Prajapati DIN 05226281 | Designated Partner | 17 Oct 2017 | 9 yrs | Pirimid Fintech Llp |
| Chintan Sheth DIN 09473290 | Director | 19 Jan 2022 | 4 yrs 9 mo | Ignosi Systems Private Limited |
People of Ignosis
12 people are tracked at Ignosis (4 in leadership, 8 in team); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Nirav Prajapati | Co-Founder & CEO | Leadership |
Minesh Koradia | Head Of Sales | Leadership |
Shweta Bagrecha | HR Business Partner | Leadership |
Nisarg Nitin Nampurkar | Software Engineer | Team |
Mantra Sanathra | Software Engineer | Team |
Het Shah | Software Engineer | Team |
Nishit Anadkat | Product & Growth Lead | Team |
Mohit Nebhnani | Strategy And Business | Team |
Dhruvil Shah | Software Engineer | Team |
Vedant Parikh | Software Engineer | Team |
Kiran N. Bhanushali | Software Engineer | Team |
Complete people profiles for Ignosis
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 Ignosis
Figures of Pirimid Fintech Llp, the primary company behind Ignosis, for FY 2023. Revenue was ₹8.2 Lakh (-94% year on year). Net profit was ₹37,622 (5% margin). EBITDA was -₹10,568 (-1% margin). Revenue has grown at a compounded annual rate of -75% over three years and -28% over five years.
- ₹8.2 LakhRevenue · FY 2023 · -94% YoY
- ₹37,622Net profit · 5% margin
- -₹10,568EBITDA · -1% margin
- 17Employees (provident fund records)
- -75%Revenue CAGR, 3 years
- -28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pirimid Fintech Llp are on its company page.
Detailed financial statements for Ignosis
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 Ignosis
4 dated milestones of Ignosis across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ignosis is founded.
- Funding First funding round of $141K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $4.0M.
Competitors of Ignosis
Ignosis has 3 listed competitors in our database, 3 of them funded. They include Perfios, Veefin and FinBox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| veefin.com | 2020 | Mumbai, India | $3M | 25 | SaaS-based supply chain financing solutions are delivered globally. | |
| finbox.in | 2015 | Bengaluru, India | $51.09M | 215 | Developer of digital credit infrastructure and risk intelligence suite |
Detailed competitors of Ignosis
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ignosis
The website of Ignosis (ignosis.ai) receives about 40.2K visits a month and ranks #680,200 among all websites worldwide, #6,642 in Investing.
- Monthly visits40.2K
▲ 22.4% vs previous month
- Unique visitors17.8K
per month
- Global rank#680,200
among all websites
- Category rank#6,642
Finance · Investing
- Bounce rate42%
- Pages per visit4.6
- Average visit2 min 51 sec
- DevicesDesktop 10% · Mobile 90%
Websites whose visitors overlap most with Ignosis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indianstartupnews.com | 100% | 353.8K | #136,006 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Ignosis
Ignosis was founded in 2022.
Ignosis is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Nirav Prajapati is the CEO of Ignosis, as recorded in our data. They have also founded this company.
Ignosis is a funded company, having raised a total of $5.49M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $141.49K, raised on Jun 2022.
Ignosis has 22 employees.
Annual revenue of Ignosis is $502.21K as on Mar 31, 2024.
Ignosis was founded in 2022 in Ahmedabad, India, as a provider of AI-driven financial data intelligence and loan management solutions targeted at the BFSI sector. Account Aggregator technology is utilized to access consented, secure, and real-time financial data, which is analyzed through AI and machine learning for insights into customer cashflows, profiling, and spending patterns. Services support banks and lenders in decision-making processes.
Ignosis offers Account Aggregator, Lending Infrastructure, Analytics Engine, Intelligent Collections, and Personal Finance Management.
Ignosis has 8 investors. Key investors include Razorpay, Groww, Angel List, LetsVenture, and Peak XV Partners.
The valuation of Ignosis is $7.14M as of Jan 2024.
Ignosis is associated with 2 legal entities: Pirimid Fintech Llp, Ignosi Systems Private Limited.