About indyFint
indyFint is a company based in Bengaluru (India) founded in 2019. indyFint has raised $2.1 million across 1 funding round from investors including Saravanan Adiseshan, Paddy Padmanabhan and Rajiv Kuchhal. indyFint operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Bengaluru, India
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Indyfint Private Limited
- Date of Incorporation 21 Aug, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.9 K (USD)-98.24as on Mar 31, 2023
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Net Profit
$1.34 K (USD)-29.87as on Mar 31, 2023
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EBITDA
-$556.74 (USD)-123.49as on Mar 31, 2023
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Total Equity Funding
$2.1 M (USD)
in 1 rounds
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Latest Funding Round
$2.1 M (USD), Series A
Dec 05, 2019
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Investors
& 2 more
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Employee Count
Employee Count
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Funding Insights of indyFint
indyFint has successfully raised a total of $2.1M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.1 million completed in December 2019. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $2.1M
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First Round
First Round
(05 Dec 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series A - indyFint | Valuation | Saravanan Adiseshan |
Investors in indyFint
indyFint has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Saravanan Adiseshan, Paddy Padmanabhan and Rajiv Kuchhal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
SA
Saravanan Adiseshan |
Founder of Paytm Payments Bank, active angel investor in Indian startups
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Founded Year | Domain | Location |
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PP
Paddy Padmanabhan |
Founder of Cred, active angel investor in Indian startups
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Founded Year | Domain | Location |
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RK
Rajiv Kuchhal |
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|
Founded Year | Domain | Location |
Investments & Acquisitions by indyFint
Financial Statements - indyFint
Indyfint Comparisons
Competitors of indyFint
indyFint 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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Latest news on Indyfint
Frequently Asked Questions about indyFint
indyFint was founded in 2019.
indyFint is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shailendra Naidu Somarouthu is the current CEO of indyFint.
indyFint is a funded company, having raised a total of $2.1M across 1 funding round to date. The company's 1st funding round was a Series A of $2.1M, raised on Dec 05, 2019.
Annual revenue of indyFint is $1.9K as on Mar 31, 2023.
Founded in 2019 and based in Bengaluru, India, indyFint operates in the fintech sector. White-label platforms for merchant payments are offered, along with software supporting mobile and agent-based transactions. Methods such as credit and debit cards, digital wallets, and bank transfers are facilitated through these tools. Services are tailored for corporate integration in payment processing.
indyFint has 3 investors. Key investors include Saravanan Adiseshan, Paddy Padmanabhan, and Rajiv Kuchhal.