About Indel Money
Indel Money is a Financial Services company based in Mumbai (India) founded in 1986. Provider of property gold loan services. The company has 1,645 employees. Its chief executive, as recorded, is Umesh Mohanan. Its website indelmoney.com draws about 15 thousand monthly visits. Its Indian entity Indel Money Limited reported revenue of ₹291 Cr. Indel Money offers products and services including Gold Loan, MSME Loan, Consumer Durable Loan, and Loan Against Property. Its focus areas include Consumer and SME Loans and Diversified. Its competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 1,645
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website indelmoney.com
- Social LinkedIn X Facebook Instagram
- Legal Name Indel Money Limited
- Date of Incorporation 11 Sep, 1986
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹291 Cr
FY 2024 · +55% YoY
- Net Profit₹39.86 Cr
FY 2024 · 14% margin
- EBITDA₹185 Cr
FY 2024 · 64% margin
- Latest Funding Round$11M (USD), Debt – Conventional
Jan 2026
- Investors
- Employee Count1,645
Associated legal entities of Indel Money
Indel Money operates through Indel Money Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indel Money Limited CIN U65990MH1986PLC040897 | Active | 11 Sep 1986 | Mumbai, Maharashtra | ₹291 Cr | 1,951 | 11 | View details |
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.
Provides loans against gold with quick processing and flexible terms.
Offers loans for small and medium enterprises to support growth.
Facilitates loans for purchasing durable goods with easy repayments.
Provides loans secured by property for various financial needs.
Funding Insights of Indel Money
- Total Rounds 2
- Last Round Debt – Conventional — $11M
- Investors Count 1
All 2 funding rounds of Indel Money 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 |
|---|---|---|---|---|---|
| Jan 2026 | $11M | Debt – Conventional | – | – | |
| Jan 2024 | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| kotakalternateasset.com |
Investor details for Indel Money
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Board of directors of Indel Money Limited (Indel Money)
Indel Money Limited is the primary company behind Indel Money. The board of Indel Money Limited currently have 9 directors; the longest-serving is Anantharaman Trikkur Ramachandran, appointed in 2012. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anantharaman Trikkur Ramachandran DIN 05262157 | Director | 05 Jul 2012 | 14 yrs 4 mo | Indel Money Limited |
| Umesh Mohanan DIN 02455902 | Whole-time director | 05 Jul 2012 | 14 yrs 4 mo | Indel Money Limited |
| Mohanan Gopalakrishnan DIN 02456142 | Managing Director | 05 Jul 2012 | 14 yrs 4 mo | Indel Money Limited |
| Salil Venu DIN 06531662 | Director | 12 Jul 2013 | 13 yrs 3 mo | Indel Money Limited |
| Narasinganallore Venkatesh Srinivasan DIN 01893686 | Director | 02 Mar 2018 | 8 yrs 8 mo | Indel Money Limited |
| Kavitha Menon DIN 08074657 | Director | 28 Mar 2018 | 8 yrs 7 mo | Indel Money Limited |
| Sasi Kumar DIN 05202465 | Director | 27 Feb 2019 | 7 yrs 8 mo | Indel Money Limited |
| Parvathy Vairavasundaram DIN 07005574 | Director | 01 Apr 2025 | 1 yr 7 mo | Indel Money Limited |
| Venugopal Nayar Bhaskaran DIN 02638597 | Director | 01 Jul 2025 | 1 yr 4 mo | Indel Money Limited |
People of Indel Money
5 people are tracked at Indel Money (4 in leadership, 1 in team); the tracked headcount is 1,645.
| Name | Role | Group |
|---|---|---|
| Chairman & Managing Director | Leadership | |
| CEO | Leadership | |
Jijith Raj Thekkayil | Executive Director & CEO | Leadership |
Prasad Chemben | Head – Finance & Accounts | Leadership |
Pradeep Sebastian | Senior Manager - Forex Operations | Team |
Complete people profiles for Indel Money
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Financials of Indel Money
Figures of Indel Money Limited, the primary company behind Indel Money, for FY 2024. Revenue was ₹291 Cr (+55% year on year). Net profit was ₹39.86 Cr (14% margin). EBITDA was ₹185 Cr (64% margin). Revenue has grown at a compounded annual rate of +46% over three years and +46% over five years.
- ₹291 CrRevenue · FY 2024 · +55% YoY
- ₹39.86 CrNet profit · 14% margin
- ₹185 CrEBITDA · 64% margin
- ₹433 CrPaid-up capital
- 1,951Employees (provident fund records)
- +46%Revenue CAGR, 3 years
- +46%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indel Money Limited are on its company page.
Detailed financial statements for Indel Money
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Timeline of Indel Money
3 dated milestones of Indel Money across 40 years, from founding to its latest funding, stage changes and deals.
- Founded Indel Money is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $11.0M.
Competitors of Indel Money
Indel Money has 3 listed competitors in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. |
Detailed competitors of Indel Money
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Web traffic of Indel Money
The website of Indel Money (indelmoney.com) receives about 15.4K visits a month.
- Monthly visits15.4K
▲ 37.1% vs previous month
Websites whose visitors overlap most with Indel Money. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| srei.com | 100% | 15.5K | #1,412,129 | View details | |
| capriloans.in | 76% | 19.7K | #1,543,377 | View details | |
| iifl.com | 76% | 1.2M | #80,758 | View details | |
| sonataindia.com | 67% | 4.3K | #4,351,432 | View details | |
| fivestargroup.in | 64% | 33.4K | #912,897 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Indel Money
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- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Indel Money (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Related news about Indel Money
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 CEO of Indel Money, as recorded in our data.
Indel Money has 1,645 employees.
The primary company behind Indel Money, Indel Money Limited, reported revenue of ₹291 Cr for FY 2024, up 55% year on year.
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 IIFL Finance.
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.
Indel Money operates through Indel Money Limited.
The legal entities of Indel Money currently have 11 directors, including Sasi Kumar, Kavitha Menon, Narasinganallore Venkatesh Srinivasan and others.