About Klear Money
Klear Money is a Technology company based in Bengaluru (India) founded in 2020 by Subramanya Sidharth Rao and Venkat Ishwar Gogineni. Klear Money has raised $67.68 thousand across 1 funding round. The company has 1 employees. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Wealth Data Aggregation. Its legal entity in India is Mycap Financial Technologies Private Limited (U65999KA2020PTC142394).
Company details
Online platform to track and manage income, bills, and expenses. It provides an expense management app for individuals.
- Headquarters Bengaluru, India
- Employees 1
- Founders Subramanya Sidharth Rao, Venkat Ishwar Gogineni
- SectorsTechnology
- Website klearmoney.com
- Legal Name Mycap Financial Technologies Private Limited
- Date of Incorporation 18 Dec, 2020
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹30.4 Lakh
FY 2023 · 0% margin
- EBITDA-₹26.7 Lakh
FY 2023 · 0% margin
- Total Equity Funding$67.68K (USD)
in 1 rounds
- Latest Funding Round$67.68K (USD), Seed
May 2021
- Employee Count1
Associated legal entities of Klear Money
Klear Money operates through Mycap Financial Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mycap Financial Technologies Private Limited CIN U65999KA2020PTC142394 | Strike Off | 18 Dec 2020 | Bangalore, Karnataka | 2 | View details |
Funding Insights of Klear Money
Klear Money has successfully raised a total of $67.68K through 1 strategic funding round. The most recent funding activity was a Seed round of $67.68 thousand completed in May 2021. 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 $67,682
- Total Rounds 1
- Last Round Seed — $67,682
- First Round $67,682
(May 2021)
All 1 funding rounds of Klear 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 |
|---|---|---|---|---|---|
| May 2021 | $67,682 | Seed | – | – | – |
Board of directors of Mycap Financial Technologies Private Limited (Klear Money)
Mycap Financial Technologies Private Limited is the primary company behind Klear Money. The board of Mycap Financial Technologies Private Limited currently have 2 directors; the longest-serving is Venkat Ishwar Gogineni, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkat Ishwar Gogineni DIN 09002427 | Director | 18 Dec 2020 | 5 yrs 10 mo | Mycap Financial Technologies Private Limited |
| Subramanya Sidharth Rao DIN 09002428 | Director | 18 Dec 2020 | 5 yrs 10 mo | Mycap Financial Technologies Private Limited |
People of Klear Money
2 people are tracked at Klear Money (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Klear Money
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 Klear Money
Figures of Mycap Financial Technologies Private Limited, the primary company behind Klear Money, for FY 2023. Net loss was -₹30.4 Lakh (0% margin). EBITDA was -₹26.7 Lakh (0% margin).
- -₹30.4 LakhNet loss · 0% margin
- -₹26.7 LakhEBITDA · 0% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mycap Financial Technologies Private Limited are on its company page.
Detailed financial statements for Klear Money
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 Klear Money
2 dated milestones of Klear Money across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Klear Money is founded.
- Funding First funding round of $68K.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Klear Money (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 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about Klear Money
Klear Money was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Klear Money is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Klear Money is a funded company, having raised a total of $67.68K across 1 funding round to date. The company's 1st funding round was a Seed of $67.68K, raised on May 2021.
Klear Money has 1 employees.
Online platform to track and manage income, bills, and expenses. It provides an expense management app for individuals.
Klear Money operates through Mycap Financial Technologies Private Limited.
The legal entities of Klear Money currently have 2 directors, including Venkat Ishwar Gogineni, Subramanya Sidharth Rao.