About INDMoney
INDMoney is a Technology company based in Gurugram (India) by Dhruv Pathak, Amrita Sirohia, and Ashish Kashyap. Integrated personal finance and investment solutions are provided for individuals. INDMoney has raised $202.12 million across 6 funding rounds from investors including Cargofy, Steadview and Tiger Global. INDMoney was last valued at $624.84 million in January 2022. Its chief executive, as recorded, is Ashish Kashyap. Its website indmoney.com draws about 2.8 million monthly visits. Its Indian entity Indmoney Global (Ifsc) Private Limited reported revenue of βΉ34.03 Cr. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Its competitors include OneScore, CreditMantri and Credit Information Bureau; 3 of its 3 listed competitors have raised funding.
Company details
Operations are based in Gurugram, India, within the fintech sector focused on personal finance. Integrated solutions for investment management are offered through a mobile app available on iOS and Android platforms. Services encompass stock investments, SIP in mutual funds, free Demat and trading accounts, direct mutual fund plans, AI-driven advisory, family banking features, and automated money tracking. These tools support individual financial oversight and planning.
- Headquarters Gurugram, India
- Founders Dhruv Pathak, Amrita Sirohia, Ashish Kashyap
- Stage Minicorn
- SectorsTechnology
- Website category Finance · Investing
- Emailβ’β’β’β’β’β’β’β’
- Website indmoney.com
- Social LinkedIn X Facebook
- Legal Name Indmoney Global (Ifsc) Private Limited
- Date of Incorporation 12 Mar, 2023
- Jurisdiction Gandhinagar, Gujarat, India
- Annual Revenue₹34.03 Cr
FY 2025 · +3521% YoY
- Net Loss-₹4.68 Cr
FY 2025 · -14% margin
- EBITDA-₹1.43 Cr
FY 2025 · -4% margin
- Total Equity Funding$202.12M (USD)
in 6 rounds
- Latest Funding Round$86.62M (USD), Series D
Jan 2022
- InvestorsCargofy
& 21 more
Associated legal entities of INDMoney
INDMoney is associated with 5 registered companies on The Company Check; the primary company is Indmoney Global (Ifsc) Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indmoney Global (Ifsc) Private Limited CIN U64990GJ2023PTC139084 | Active | 12 Mar 2023 | Gandhinagar, Gujarat | ₹34.0 Cr | 3 | View details | |
| Adfi Digital Private Limited CIN U74999HR2022PTC102382 | Active | 29 Mar 2022 | Gurugram, Haryana | ₹24.3 Cr | 16 | 3 | View details |
| Indstocks Private Limited CIN U67100HR2021PTC098653 | Active | 22 Oct 2021 | Gurugram, Haryana | ₹64.9 Cr | 81 | 5 | View details |
| Finzoomers Services Private Limited CIN U64990HR2020PTC086201 | Active | 07 May 2020 | Gurugram, Haryana | ₹77.8 Cr | 95 | 2 | View details |
| Indmoney Tech Private Limited CIN U62099HR2018PTC073294 | Active | 27 Mar 2018 | Gurugram, Haryana | ₹213 Cr | 166 | 3 | View details |
Apps and channels of INDMoney
INDMoney publishes 1 mobile app with over 10M+ downloads.
Funding Insights of INDMoney
INDMoney has successfully raised a total of $202.12M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $86.62 million completed in January 2022. 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 $202.12M
- Total Rounds 6
- Last Round Series D β $86.62M
- First Round $30M
(May 2018)
- Investors Count 22
All 6 funding rounds of INDMoney 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 2022 | $86.62M | Series D | $624.84M | Steadview, Tiger Global Management | |
| Jul 2020 | $34M | Series B | β | β | |
| Jan 2020 | $12.2M | Series C | $182.36M | Tiger Global Management, Steadview | |
| Aug 2019 | $29.9M | Series B | $β’β’β’β’β’ | Steadview, Tiger Global Management | |
| Dec 2018 | $9.4M | Series A | β | β | |
| May 2018 | $30M | Seed | β | Steadview |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $624.84M | β’β’β’β’β’β’β’β’ |
| Jan 2020 | $182.36M | β’β’β’β’β’β’β’β’ |
| Aug 2019 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| May 2018 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of INDMoney
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $624.84M (Jan 2022). 22 investors in total: 13 institutional and 9 angel.
Investors in INDMoney
INDMoney has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Cargofy, Steadview and Tiger Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Private equity investments are made in technology-enabled growth companies. | dragoneer.com | San Francisco, United States | ||
Venture capital is directed toward companies in multiple sectors. | sixteenthstreetcapital.com | Singapore, Singapore | ||
Investments are directed toward early-stage startups by Zaan Webveda. | Faridabad, India | |||
Venture capital firm focused on multiple sectors | Ebene City, Mauritius | |||
Venture capital fund focused on multiple sectors | Wilmington, United States | |||
Early-stage investments are targeted by LTR Focus Fund. | Ebene City, Mauritius | |||
Investments are made in industrial and life sciences technology companies. | anzupartners.com | Washington, Dc, United States | ||
Early-stage VC firm focused on life science startups | genoavc.com | San Francisco, United States | ||
Invests in public and private companies with focus on technology and growth sectors. | 2009 | steadview.com | London, United Kingdom |
Investor details for INDMoney
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 Indmoney Global (Ifsc) Private Limited (INDMoney)
Indmoney Global (Ifsc) Private Limited is the primary company behind INDMoney. The boards of the 5 registered companies of INDMoney currently have 8 directors; the longest-serving is Ankur Goyal, appointed in 2020. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankur Goyal DIN 08740132 | Whole-time director | 07 May 2020 | 6 yrs 6 mo | Finzoomers Services Private Limited, Adfi Digital Private Limited |
| Ashish Kashyap DIN 00677965 | Director | 22 Oct 2021 | 5 yrs | Finzoomers Services Private Limited, Indmoney Tech Private Limited, Indstocks Private Limited |
| Nikhil Anil Behl DIN 06916212 | Managing Director | 22 Oct 2021 | 5 yrs | Indstocks Private Limited |
| Sonya Singh DIN 09517215 | Director | 29 Mar 2022 | 4 yrs 7 mo | Adfi Digital Private Limited |
| Kartikay Aggarwal DIN 08036333 | Whole-time director | 12 Mar 2023 | 3 yrs 8 mo | Indmoney Global (Ifsc) Private Limited |
| Mayank Misra DIN 11055365 | Whole-time director | 01 May 2025 | 1 yr 6 mo | Indstocks Private Limited |
| Deepika Deepak Narayan DIN 11234814 | Whole-Time Director | 16 Aug 2025 | 1 yr 2 mo | Indmoney Global (Ifsc) Private Limited |
| Sunny Bajaj DIN 05342601 | Whole-Time Director | 10 Jan 2026 | 10 mo | Indmoney Tech Private Limited |
People of INDMoney
27 people are tracked at INDMoney (18 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Dhruv Pathak | Co-Founder & CTO | Leadership |
Amrita Sirohia | Co-Founder & CRO | Leadership |
| Co-Founder & CEO | Leadership | |
Ritwik Roy | Director Product | Leadership |
Dhairya Shah | Chief Of Staff | Leadership |
Shreya Hans | Associate Director-product & Operations | Leadership |
Tejas Chhotani | Director Of Product Management | Leadership |
Ashish Arya | Chief Marketing Officer | Leadership |
Sunny Shah | Head Of Engg (financial Services), Ai, Data Science & Dev Ops | Leadership |
Akshay Garg | Sr. Director - Legal | Leadership |
Vinay Saraf | Head - Finance & Accounts | Leadership |
Deepanshu Malhotra | Vice President & Head- Insurance | Leadership |
Nishant Ahuja | Senior Vice President | Leadership |
Nikhil Sharad | Sr. Director IT Operations & Technology Compliances | Leadership |
| General Counsel & Chief Compliance Officer | Leadership | |
Nitin Sagar | Assistant Vice President | Leadership |
Manu Garg | Vice President - Product | Leadership |
Shubhangi Dubey | Vice President | Leadership |
M.D. Salman Ashrafi | Finance Research Analyst | Team |
Harsh Bardhan | Executive - Performance Media | Team |
7 more people are available in the full profile.
Complete people profiles for INDMoney
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 INDMoney
Figures of Indmoney Global (Ifsc) Private Limited, the primary company behind INDMoney, for FY 2025. Revenue was ₹34.03 Cr (+3521% year on year). Net loss was -₹4.68 Cr (-14% margin). EBITDA was -₹1.43 Cr (-4% margin).
- ₹34.03 CrRevenue · FY 2025 · +3521% YoY
- -₹4.68 CrNet loss · -14% margin
- -₹1.43 CrEBITDA · -4% margin
- ₹20.04 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Indmoney Global (Ifsc) Private Limited are on its company page.
Detailed financial statements for INDMoney
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 INDMoney
3 dated milestones of INDMoney across 4 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $30.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series D, of $86.6M.
Competitors of INDMoney
INDMoney has 3 listed competitors in our database, 3 of them funded. They include OneScore, CreditMantri and Credit Information Bureau.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onescore.app | 2019 | Pune, India | $14.5M | 974 | Free credit scores and personalized improvement insights are provided. | |
| creditmantri.com | 2012 | Chennai, India | $14.28M | 356 | Credit scores are accessed and analyzed via an app-based platform. | |
| cibil.com | 2000 | Mumbai, India | $19.1M | 867 | Credit scoring data and customer information provider |
Detailed competitors of INDMoney
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 INDMoney
The website of INDMoney (indmoney.com) receives about 2.8M visits a month and ranks #22,542 among all websites worldwide, #1,443 in Investing.
- Monthly visits2.8M
▲ 32.1% vs previous month
- Unique visitors1M
per month
- Global rank#22,542
among all websites
- Category rank#1,443
Finance · Investing
- Bounce rate37%
- Pages per visit4.4
- Average visit2 min 07 sec
- DevicesDesktop 40% Β· Mobile 60%
Websites whose visitors overlap most with INDMoney. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| etmoney.com | 100% | 1.4M | #39,002 | View details | |
| groww.in | 95% | 60M | #754 | View details | |
| tickertape.in | 92% | 3.3M | #17,336 | View details | |
| valueresearchonline.com | 91% | 4.3M | #12,646 | View details | |
screener.in | screener.in | 90% | #1,968 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for INDMoney
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as INDMoney (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β 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
Related news about Indmoney
Complete news archive for INDMoney
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about INDMoney
INDMoney is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Ashish Kashyap is the CEO of INDMoney, as recorded in our data. They have also founded this company.
INDMoney is a funded company, having raised a total of $202.12M across 6 funding rounds to date. The company's 1st funding round was a Seed of $30M, raised on May 2018.
The primary company behind INDMoney, Indmoney Global (Ifsc) Private Limited, reported revenue of βΉ34.03 Cr for FY 2025, up 3521% year on year.
Operations are based in Gurugram, India, within the fintech sector focused on personal finance. Integrated solutions for investment management are offered through a mobile app available on iOS and Android platforms. Services encompass stock investments, SIP in mutual funds, free Demat and trading accounts, direct mutual fund plans, AI-driven advisory, family banking features, and automated money tracking. These tools support individual financial oversight and planning.
INDMoney's top competitors include OneScore, Credit Information Bureau and CreditMantri.
INDMoney has 22 investors. Key investors include Cargofy, Steadview, Tiger Global, Dragoneer, and Sixteenth Street Capital.
The valuation of INDMoney is $624.84M as of Jan 2022.
INDMoney is associated with 5 legal entities: Indmoney Global (Ifsc) Private Limited, Finzoomers Services Private Limited, Indmoney Tech Private Limited and others.
The legal entities of INDMoney currently have 10 directors, including Deepika Deepak Narayan, Kartikay Aggarwal, Ashish Kashyap and others.
Yes. INDMoney publishes INDmoney - Stocks, Mutual Fund, with over 10 million downloads.
The website of INDMoney receives about 2.8 million visits a month and ranks #22,542 among all websites worldwide.