About Mannjal
Mannjal is a Financial Services company based in Bengaluru (India) founded in 2023 by Harshit Lingamneni, Prashant Adurty, and Aman Bhargava. Mannjal has raised $3.18 million across 2 funding rounds from investors including Angel List, LetsVenture and All In Capital. Mannjal was last valued at $5.42 million in May 2023. Its chief executive, as recorded, is Prashant Adurty. Its Indian entity Mannjal Technologies Private Limited reported revenue of ₹58.1 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Perfios, Hyperface and Ascend Capital; 3 of its 3 listed competitors have raised funding.
Company details
Platform offering lending solutions. It is a platform that provides loan solutions to individuals.
- Headquarters Bengaluru, India
- Founders Harshit Lingamneni, Prashant Adurty, Aman Bhargava
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website mannjal.com
- Social LinkedIn
- Legal Name Mannjal Technologies Private Limited
- Date of Incorporation 27 Mar, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹58.1 Lakh
FY 2025 · -42% YoY
- Net Loss-₹1.55 Cr
FY 2025 · -266% margin
- EBITDA-₹2.03 Cr
FY 2025 · -349% margin
- Total Equity Funding$3.18M (USD)
in 2 rounds
- Latest Funding Round$2.1M (USD), Seed
Sep 2025
- InvestorsAngel List
& 19 more
Associated legal entities of Mannjal
Mannjal operates through Mannjal Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mannjal Technologies Private Limited CIN U62013KA2023PTC171651 | Active | 27 Mar 2023 | Bangalore, Karnataka | ₹0.6 Cr | 3 | View details |
Funding Insights of Mannjal
Mannjal has successfully raised a total of $3.18M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in September 2025. 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 $3.18M
- Total Rounds 2
- Last Round Seed — $2.1M
- First Round $1.08M
(May 2023)
- Investors Count 20
All 2 funding rounds of Mannjal 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 |
|---|---|---|---|---|---|
| Sep 2025 | $2.1M | Seed | – | Arali Ventures, B Capital | |
| May 2023 | $1.08M | Seed | $5.42M | Sparrow Capital, Gemba Capital |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $5.42M | •••••••• |
Last known valuation $5.42M (May 2023). 20 investors in total: 11 institutional and 9 angel.
Investors in Mannjal
Mannjal has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, LetsVenture and All In Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in SaaS, B2B, and fintech sectors | sparrowvc.com | Bengaluru, India | ||
Venture capital firm backing startups in Fintech and Consumer Tech sectors. | 2017 | gembacapital.in | Bengaluru, India | |
Venture capital investments and community support for Indian startups. | 2022 | allincapital.vc | Bengaluru, India | |
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Venture capital firm investing in deep tech, climate, health, and consumer sectors with global expertise. | 2021 | aureolis.co.in | Mumbai, India | |
Investment in B2B tech startups at pre-seed and seed stages across various sectors. | araliventures.in | |||
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | |||
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Sales and marketing services are offered by GTMfund foundation. | gtmfund.com | Austin, United States | ||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India |
Investor details for Mannjal
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 Mannjal Technologies Private Limited (Mannjal)
Mannjal Technologies Private Limited is the primary company behind Mannjal. The board of Mannjal Technologies Private Limited currently have 3 directors; the longest-serving is Harshit Lingamneni, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harshit Lingamneni DIN 10023661 | Director | 27 Mar 2023 | 3 yrs 7 mo | Mannjal Technologies Private Limited |
| Aman Bhargava DIN 07895251 | Director | 27 Mar 2023 | 3 yrs 7 mo | Mannjal Technologies Private Limited |
| Venkata Prashant Rao Adurty DIN 08170326 | Director | 27 Mar 2023 | 3 yrs 7 mo | Mannjal Technologies Private Limited |
People of Mannjal
5 people are tracked at Mannjal (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Ojas Mody | Head - Credit & Risk | Leadership |
Bharath Vijay | Engineering | Team |
Complete people profiles for Mannjal
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 Mannjal
Figures of Mannjal Technologies Private Limited, the primary company behind Mannjal, for FY 2025. Revenue was ₹58.1 Lakh (-42% year on year). Net loss was -₹1.55 Cr (-266% margin). EBITDA was -₹2.03 Cr (-349% margin).
- ₹58.1 LakhRevenue · FY 2025 · -42% YoY
- -₹1.55 CrNet loss · -266% margin
- -₹2.03 CrEBITDA · -349% margin
- ₹8.7 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mannjal Technologies Private Limited are on its company page.
Detailed financial statements for Mannjal
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 Mannjal
4 dated milestones of Mannjal across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Mannjal is founded.
- Funding First funding round of $1.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.1M.
Competitors of Mannjal
Mannjal has 3 listed competitors in our database, 3 of them funded. They include Perfios, Hyperface and Ascend Capital.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| hyperface.co | 2021 | Bengaluru, India | $10.3M | 91 | Provider of platform for launching and managing credit card programs | |
| ascendcap.in | 2018 | Jaipur, India | $6.02M | 263 | Provider of financing solutions for electric vehicles |
Detailed competitors of Mannjal
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 Mannjal
The website of Mannjal (mannjal.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 62.4% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Mannjal (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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — 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
Frequently Asked Questions about Mannjal
Mannjal was founded in 2023.
Mannjal is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prashant Adurty is the CEO of Mannjal, as recorded in our data. They have also founded this company.
Mannjal is a funded company, having raised a total of $3.18M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.08M, raised on May 2023.
The primary company behind Mannjal, Mannjal Technologies Private Limited, reported revenue of ₹58.1 Lakh for FY 2025, down 42% year on year.
Platform offering lending solutions. It is a platform that provides loan solutions to individuals.
Mannjal's top competitors include Perfios, Ascend Capital and Hyperface.
Mannjal has 20 investors. Key investors include Angel List, LetsVenture, All In Capital, Gemba Capital, and SiriusOne.
The valuation of Mannjal is $5.42M as of May 2023.
Mannjal operates through Mannjal Technologies Private Limited.
The legal entities of Mannjal currently have 3 directors, including Harshit Lingamneni, Aman Bhargava, Venkata Prashant Rao Adurty.