About mFino
mFino was a Financial Services company based in Hyderabad (India) founded in 2009 by Sridhar Obilisetty. It provides mobile financial services to users for convenient transactions and management. It operates on a B2C model. The company has 12 employees. Its chief executive, as recorded, is Sridhar Obilisetty. Its Indian entity Teqsar Private Limited reported revenue of ₹2.28 Cr. The company is recorded as dissolved. Its focus areas include Fintech, Mobile Payments and Digital Financial Services. Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
mFino provides mobile financial services to users for convenient transactions and management through offering financial products and advice, fintech, facilitating mobile payments, and digital financial services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Hyderabad, India
- Employees 12
- Founders Sridhar Obilisetty
- SectorsFinancial Services
- Website mfino.com
- Social X Facebook
- Legal Name Teqsar Private Limited
- Date of Incorporation 30 Apr, 2012
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.28 Cr
FY 2024 · -52% YoY
- Net Profit₹15.5 Lakh
FY 2024 · 7% margin
- EBITDA₹31.1 Lakh
FY 2024 · 14% margin
- Employee Count12
Associated legal entities of mFino
mFino operates through Teqsar 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 |
|---|---|---|---|---|---|---|---|
| Teqsar Private Limited CIN U72200TG2012PTC080611 | Active | 30 Apr 2012 | Hyderabad, Telangana | ₹2.3 Cr | 12 | 2 | View details |
Board of directors of Teqsar Private Limited (mFino)
Teqsar Private Limited is the primary company behind mFino. The board of Teqsar Private Limited currently have 2 directors; the longest-serving is Sridhar Obilisetty, appointed in 2012. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sridhar Obilisetty DIN 02267963 | Director | 26 Jun 2012 | 14 yrs 4 mo | Teqsar Private Limited |
| Ajay Babu Kothuri DIN 08685365 | Director | 27 Jan 2020 | 6 yrs 9 mo | Teqsar Private Limited |
People of mFino
3 people are tracked at mFino (3 in leadership); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership | |
Keshav Talwar | Chief Product Officer | Leadership |
Jayanthi Sridhar | Director Of Technology And Operations | Leadership |
Complete people profiles for mFino
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Financials of mFino
Figures of Teqsar Private Limited, the primary company behind mFino, for FY 2024. Revenue was ₹2.28 Cr (-52% year on year). Net profit was ₹15.5 Lakh (7% margin). EBITDA was ₹31.1 Lakh (14% margin). Revenue has grown at a compounded annual rate of -32% over three years and -25% over five years.
- ₹2.28 CrRevenue · FY 2024 · -52% YoY
- ₹15.5 LakhNet profit · 7% margin
- ₹31.1 LakhEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 12Employees (provident fund records)
- -32%Revenue CAGR, 3 years
- -25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Teqsar Private Limited are on its company page.
Detailed financial statements for mFino
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of mFino
mFino has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Pay Point India and Kaleidofin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending |
Detailed competitors of mFino
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Web traffic of mFino
Websites that share an audience with mFino (mfino.com).
Websites whose visitors overlap most with mFino. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tyfone.com | 100% | 33.9K | #572,941 | View details | |
| rapidvaluesolutions.com | 98% | View details |
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Related news about Mfino
Complete news archive for mFino
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Frequently Asked Questions about mFino
mFino was founded in 2009.
mFino is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sridhar Obilisetty is the CEO of mFino, as recorded in our data. They have also founded this company.
mFino has 12 employees.
The primary company behind mFino, Teqsar Private Limited, reported revenue of ₹2.28 Cr for FY 2024, down 52% year on year.
mFino provides mobile financial services to users for convenient transactions and management through offering financial products and advice, fintech, facilitating mobile payments, and digital financial services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
mFino's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
mFino operates through Teqsar Private Limited.
The legal entities of mFino currently have 2 directors, including Sridhar Obilisetty, Ajay Babu Kothuri.