About IndiaMoneyMart
IndiaMoneyMart is a Financial Services company based in Mumbai (India) founded in 2015 by Amit Saxena. IndiaMoneyMart is operated as a peer-to-peer lending platform in India. It operates on a Peer-to-Peer (P2P), FinTech, and Commission-Based model. IndiaMoneyMart has raised $416.8 thousand across 2 funding rounds from investors including Red Fort Systems, EPIC Marketing and Madhav Prasad Jalan. Its Indian entity Fair Vinimay Services Private Limited reported revenue of ₹16 Lakh. IndiaMoneyMart offers products and services including P2P Lending Platform and Supply Chain Loans. Its focus areas include Financials, Consumer Finance and Peer-to-Peer Lending. Its competitors include Money View, mPokket and LendenClub; 3 of its 3 listed competitors have raised funding.
Company details
IndiaMoneyMart is managed as a leading peer-to-peer (P2P) lending platform in India, registered as an NBFC-P2P with the Reserve Bank of India. It is focused on connecting creditworthy small business borrowers with lenders seeking higher returns. The platform is specialized in supply chain loans for working capital, particularly for inventory purchases with terms ranging from 1 to 6 months. Operations are supported by a strong fintech infrastructure, on-ground assessments, and proprietary credit algorithms to ensure transparency and risk mitigation. Lenders are provided with diversified lending options and online tracking tools, while small businesses are empowered with access to critical capital for growth. The platform is recognized for fostering direct relationships and supporting women entrepreneurs.
- Headquarters Mumbai, India
- Founders Amit Saxena
- SectorsFinancial Services
- Website indiamoneymart.com
- Social LinkedIn X Facebook Instagram
- Legal Name Fair Vinimay Services Private Limited
- Date of Incorporation 13 Jul, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹16 Lakh
FY 2024 · -1% YoY
- Net Loss-₹1.6 Lakh
FY 2024 · -10% margin
- EBITDA₹60,700
FY 2024 · 4% margin
- Total Equity Funding$416.8K (USD)
in 2 rounds
- Latest Funding Round$239.73K (USD), Seed
Apr 2018
- InvestorsRed Fort Systems
& 9 more
Associated legal entities of IndiaMoneyMart
IndiaMoneyMart operates through Fair Vinimay Services Private 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 |
|---|---|---|---|---|---|---|---|
| Fair Vinimay Services Private Limited CIN U74999MH2015PTC266575 | Active | 13 Jul 2015 | Mumbai, Maharashtra | ₹0.2 Cr | 4 | View details |
Products & Services of IndiaMoneyMart
IndiaMoneyMart offers a comprehensive portfolio of products and services, including P2P Lending Platform and Supply Chain Loans.
A platform connecting lenders with small business borrowers.
Short-term loans provided for small business inventory needs.
Apps and channels of IndiaMoneyMart
IndiaMoneyMart publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of IndiaMoneyMart
IndiaMoneyMart has successfully raised a total of $416.8K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $239.73 thousand completed in April 2018. 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 $416,795
- Total Rounds 2
- Last Round Seed — $239,731
- First Round $177,064
(Jun 2016)
- Investors Count 10
All 2 funding rounds of IndiaMoneyMart 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 |
|---|---|---|---|---|---|
| Apr 2018 | $239,731 | Seed | – | Madhav Prasad Jalan | |
| Jun 2016 | $177,064 | Seed | – | Madhav Prasad Jalan |
10 investors in total: 2 institutional and 8 angel.
Investors in IndiaMoneyMart
IndiaMoneyMart has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include Red Fort Systems, EPIC Marketing and Madhav Prasad Jalan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of wireless telecommunication infrastructures | epicmarketing.com | San Ramon, United States | ||
Provides security and remote monitoring solutions. | 2011 | redfortsystems.com | Mumbai, India | |
MP Madhav Prasad Jalan | unknown_555aa02fee6e4d228 | |||
SA Santosh Agrawal | unknown_523a62f060264560b | |||
SA Shraddhanand Agarwal | unknown_b2750d1299a84401a | |||
VB Vikash Binjrajka | unknown_6b864ca3b990483a9 | |||
RA Ramawatar Agrawal | unknown_8e0915a30d154fca9 | |||
AG Anupama Gupta | unknown_252f4d96a9df40808 | |||
TG Tanishq Gupta | unknown_96fe02e05cef4cb69 | |||
NK Neeraj Kumar Jalan | unknown_95225423ca554204b |
Investor details for IndiaMoneyMart
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 Fair Vinimay Services Private Limited (IndiaMoneyMart)
Fair Vinimay Services Private Limited is the primary company behind IndiaMoneyMart. The board of Fair Vinimay Services Private Limited currently have 4 directors; the longest-serving is Sangeet Pawankumar Modi, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sangeet Pawankumar Modi DIN 00009920 | Director | 13 Jul 2015 | 11 yrs 3 mo | Fair Vinimay Services Private Limited |
| Mahendra Kumar Agrawal DIN 00008294 | Director | 13 Jul 2015 | 11 yrs 3 mo | Fair Vinimay Services Private Limited |
| Amit Saxena DIN 05248652 | Director | 04 Jan 2021 | 5 yrs 10 mo | Fair Vinimay Services Private Limited |
| Veena Saxena DIN 07914897 | Director | 14 Jul 2021 | 5 yrs 3 mo | Fair Vinimay Services Private Limited |
People of IndiaMoneyMart
1 people are tracked at IndiaMoneyMart (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for IndiaMoneyMart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of IndiaMoneyMart
Figures of Fair Vinimay Services Private Limited, the primary company behind IndiaMoneyMart, for FY 2024. Revenue was ₹16 Lakh (-1% year on year). Net loss was -₹1.6 Lakh (-10% margin). EBITDA was ₹60,700 (4% margin). Revenue has grown at a compounded annual rate of +15% over three years and +6% over five years.
- ₹16 LakhRevenue · FY 2024 · -1% YoY
- -₹1.6 LakhNet loss · -10% margin
- ₹60,700EBITDA · 4% margin
- ₹3.78 CrPaid-up capital
- +15%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fair Vinimay Services Private Limited are on its company page.
Detailed financial statements for IndiaMoneyMart
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 IndiaMoneyMart
3 dated milestones of IndiaMoneyMart across 3 years, from founding to its latest funding, stage changes and deals.
- Founded IndiaMoneyMart is founded.
- Funding First funding round of $177K.
- Funding Latest funding round, Seed, of $240K.
Competitors of IndiaMoneyMart
IndiaMoneyMart has 3 listed competitors in our database, 3 of them funded. They include Money View, mPokket and LendenClub.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneyview.in | 2014 | Bengaluru, India | $215.39M | 718 | Loans, credit cards, gold investments, insurance, and UPI are provided. | |
| mpokket.in | 2016 | Kolkata, India | $7.77M | 2,226 | Provider of a digital lending platform offering instant personal loans to underserved youth, providing financial solutions through a mobile app | |
| lendenclub.com | 2015 | Mumbai, India | $11.93M | 286 | Developer of a P2P lending platform for personal loans |
Detailed competitors of IndiaMoneyMart
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of IndiaMoneyMart
The website of IndiaMoneyMart (indiamoneymart.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 5.8% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as IndiaMoneyMart (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Indiamoneymart
Complete news archive for IndiaMoneyMart
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Frequently Asked Questions about IndiaMoneyMart
IndiaMoneyMart was founded in 2015 and raised its 1st funding round 1 year after it was founded.
IndiaMoneyMart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
IndiaMoneyMart is a funded company, having raised a total of $416.8K across 2 funding rounds to date. The company's 1st funding round was a Seed of $177.06K, raised on Jun 2016.
The primary company behind IndiaMoneyMart, Fair Vinimay Services Private Limited, reported revenue of ₹16 Lakh for FY 2024, down 1% year on year.
IndiaMoneyMart is managed as a leading peer-to-peer (P2P) lending platform in India, registered as an NBFC-P2P with the Reserve Bank of India. It is focused on connecting creditworthy small business borrowers with lenders seeking higher returns. The platform is specialized in supply chain loans for working capital, particularly for inventory purchases with terms ranging from 1 to 6 months. Operations are supported by a strong fintech infrastructure, on-ground assessments, and proprietary credit algorithms to ensure transparency and risk mitigation. Lenders are provided with diversified lending options and online tracking tools, while small businesses are empowered with access to critical capital for growth. The platform is recognized for fostering direct relationships and supporting women entrepreneurs.
IndiaMoneyMart's top competitors include Money View, LendenClub and mPokket.
IndiaMoneyMart offers P2P Lending Platform and Supply Chain Loans.
IndiaMoneyMart has 10 investors. Key investors include Red Fort Systems, EPIC Marketing, Madhav Prasad Jalan, Santosh Agrawal, and Shraddhanand Agarwal.
IndiaMoneyMart operates through Fair Vinimay Services Private Limited.
The legal entities of IndiaMoneyMart currently have 4 directors, including Sangeet Pawankumar Modi, Mahendra Kumar Agrawal, Veena Saxena and others.
Yes. IndiaMoneyMart publishes IndiaMoneyMart - P2P Lending and 1 more app, with over 10,000 downloads.