Indel Money

Mumbai, India Founded: 1986 • Age: 40 yrs
Provider of property gold loan services
Annual revenue $12.7M Latest available
Total funding - 2 rounds
Employees 1645 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Indel Money

Indel Money is a company based in Mumbai (India) founded in 1986. The company has 1,645 employees as of April 04, 2025. Indel Money offers products and services including Gold Loan, MSME Loan, Consumer Durable Loan, and Loan Against Property. Indel Money operates in a competitive market with competitors including Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.

  • Headquarter Mumbai, India
  • Employees 1645 as on 04 Apr, 2025
  • Sectors
    Financial Services
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  • Legal Name Indel Money Limited
  • Date of Incorporation 11 Sep, 1986
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.71 M (USD)
    49.8
    as on Mar 31, 2021
  • Net Profit
    $1.28 M (USD)
    309.78
    as on Mar 31, 2021
  • EBITDA
    $8.03 M (USD)
    75.98
    as on Mar 31, 2021
  • Latest Funding Round
    $11 M (USD), Debt – Conventional

    Jan 22, 2026

  • Investors
  • Employee Count
    1645

    as on Apr 04, 2025

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Products & Services of Indel Money

Indel Money offers a comprehensive portfolio of products and services, including Gold Loan, MSME Loan, Consumer Durable Loan, and Loan Against Property.

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Primary

Provides loans against gold with quick processing and flexible terms.

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Offers loans for small and medium enterprises to support growth.

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Facilitates loans for purchasing durable goods with easy repayments.

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Provides loans secured by property for various financial needs.

People of Indel Money

Headcount 500-1000
Employee Profiles 3
Employee Profiles
People
Jijith Raj Thekkayil
Executive Director & CEO
People
Pradeep Sebastian
Senior Manager - Forex Operations

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Funding Insights of Indel Money

Investors in Indel Money

Indel Money has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kotak Alternate Asset Managers.

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Institutional
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Investor details for Indel Money

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Investments & Acquisitions by Indel Money

Investments
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Investment portfolio details for Indel Money

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Financial Statements - Indel Money

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Detailed financials for Indel Money

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Indel Money Comparisons

Indel Money Primary company
Description
Provider of property & gold loan services
Location
Mumbai, India
Founded Year
1986
Annual Revenue
$12.71 M (USD)
Net Profit
$1.28 M (USD)
EBITDA
$8.03 M (USD)
Employees
1,645
As of 2025
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Peer comparison for Indel Money

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Competitors of Indel Money

Indel 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 Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.

Company Name Domain Founded year HQ Location Description
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Consumer and SME loans are provided by Manappuram Finance.
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Diversified lending services are provided as a non-banking financial institution.
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Online gold, home, personal, and business loans are provided.
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp.
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Financial solutions including loans and insurance are offered.
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Household and business loans are provided with risk management support.
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Detailed competitors of Indel Money

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Latest news on Indel Money

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Complete news archive for Indel Money

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Frequently Asked Questions about Indel Money

Indel Money was founded in 1986 and raised its 1st funding round 38 years after it was founded.

Indel Money is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Umesh Mohanan is the current CEO of Indel Money.

As of Apr 04, 2025, the latest employee count at Indel Money is 1,645.

Annual revenue of Indel Money is $12.71M as on Mar 31, 2021.

Indel Money was founded in 1986 in Mumbai, India, within the financial services sector. Loans against property and gold are offered, complemented by personal loans, MSME financing, and consumer options. Digital lending and repayment processes are facilitated, including doorstep gold loan services. AEPS transactions, money transfers, mobile and DTH recharges, utility bill payments, and cash collection are also enabled across operations.

Indel Money's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.

Indel Money offers Gold Loan, MSME Loan, Consumer Durable Loan, and Loan Against Property.

Indel Money has 1 investor. Key investors include Kotak Alternate Asset Managers.

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