Monafa

Mumbai, India Founded: 2020 • Age: 6 yrs
Provider of an online debt repayment platform for individuals
Annual revenue $119 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Monafa

Monafa is a company based in Mumbai (India) founded in 2020 by Nimit Bavishi and Hitesh Thakkar. Monafa operates in a competitive market with competitors including Sprive, Qoins, CreditRich, Piggit and Cents, among others.

  • Headquarter Mumbai, India
  • Founders Nimit Bavishi, Hitesh Thakkar
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ideas Unplugged Consultants Llp
  • Date of Incorporation 18 Jul, 2014
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $118.56 (USD)
    0
    as on Mar 31, 2021
  • Net Profit
    -$304.24 (USD)
    0
    as on Mar 31, 2021
  • EBITDA
    -$304.24 (USD)
    0
    as on Mar 31, 2021
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Funding Insights of Monafa

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Detailed funding history for Monafa

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Investments & Acquisitions by Monafa

Investments
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Investment portfolio details for Monafa

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Financial Statements - Monafa

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Detailed financials for Monafa

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Monafa Comparisons

Monafa Primary company
Description
Provider of an online debt repayment platform for individual...
Location
Mumbai, India
Founded Year
2020
Annual Revenue
$118.56 (USD)
Net Profit
-$304.24 (USD)
EBITDA
-$304.24 (USD)
Employees
Not available
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Peer comparison for Monafa

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Competitors of Monafa

Monafa 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 Sprive, Qoins, CreditRich, Piggit and Cents, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Mortgage debts are repaid through an app using spare change.
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Operates a digital hub for managing and repaying debt.
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Debt repayment for individuals based on bill payments
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Online platform for consumer debt repayment
Locked Locked Locked
Debt consolidation solutions are offered to consumers via mobile app.
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Detailed competitors of Monafa

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Latest news on Monafa

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Complete news archive for Monafa

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Frequently Asked Questions about Monafa

Monafa was founded in 2020.

Monafa is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Annual revenue of Monafa is $118.56 as on Mar 31, 2021.

Monafa was founded in 2020 in Mumbai, India, as a fintech company. An online platform is offered to individuals for managing debt repayment, particularly home loans. Customized savings options are utilized to facilitate repayments. Round-up features on transactions are included to capture spare change for savings. Automated pre-payments are triggered once savings goals are met. Operations focus on accessible financial tools in the Indian market.

Monafa's top competitors include Sprive, CreditRich and Cents.

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