About Monethics
Monethics was a Financial Services company based in Mumbai (India) founded in 2021 by Siddharth Shah. It provides an app-based platform for personal loan services. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Finance, Banking, Personal Loans and App-based Services. Similar companies include Kissht, Stashfin and Finnable; 3 of its 3 listed similar companies have raised funding.
Company details
Monethics operates with a B2C model, focusing on finance, banking, personal loans, and app-based services. Provides an app-based platform for personal loan services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Founders Siddharth Shah
- SectorsFinancial Services
- Website monethics.in
- Social X Facebook
- Annual Revenue$7.17 (USD)as on Mar 31, 2022
Associated legal entities of Monethics
Monethics is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Monethics Techtrade Llp CIN ACA-3076 | Active | 20 Mar 2023 | Mumbai, Maharashtra | 2 | View details | ||
| Monethics Solutions Private Limited CIN U70200MH2020PTC335466 | Active | 03 Jan 2020 | Mumbai, Maharashtra | ₹0.5 Cr | 2 | View details |
Board of directors of Monethics
The boards of the 2 registered companies of Monethics currently have 2 directors; the longest-serving is Nishit Sharad Zaveri, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishit Sharad Zaveri DIN 08172332 | Designated Partner | 20 Mar 2023 | 3 yrs 7 mo | Monethics Techtrade Llp, Monethics Solutions Private Limited |
| Raj Bhavesh Doshi DIN 09561645 | Designated Partner | 20 Mar 2023 | 3 yrs 7 mo | Monethics Techtrade Llp, Monethics Solutions Private Limited |
People of Monethics
1 people are tracked at Monethics (1 in leadership).
| Name | Role | Group |
|---|---|---|
Siddharth Shah | Co-Founder | Leadership |
Complete people profiles for Monethics
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Financials of Monethics
Figures of Monethics Solutions Private Limited, the primary company behind Monethics, for FY 2025. Revenue was ₹53.1 Lakh (+602% year on year). Net loss was -₹4.4 Lakh (-8% margin). EBITDA was ₹47.5 Lakh (89% margin). Revenue has grown at a compounded annual rate of +2012% over three years and +158% over five years.
- ₹53.1 LakhRevenue · FY 2025 · +602% YoY
- -₹4.4 LakhNet loss · -8% margin
- ₹47.5 LakhEBITDA · 89% margin
- ₹1.01 CrPaid-up capital
- +2012%Revenue CAGR, 3 years
- +158%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Monethics Solutions Private Limited are on its company page.
Detailed financial statements for Monethics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Similar companies to Monethics
Monethics has 3 listed similar companies in our database, 3 of them funded. They include Kissht, Stashfin and Finnable.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kissht.com | 2015 | Mumbai, India | $132.57M | 265 | Personal, business, and property loans are provided by Kissht. | |
| stashfin.com | 2016 | Gurugram, India | $115M | 175 | Digital lending and instant credit lines are provided to individuals. | |
| finnable.com | 2015 | Bengaluru, India | $33.9M | 1,409 | Online personal loans with minimal documentation are offered digitally. |
Detailed similar companies of Monethics
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Monethics (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Frequently Asked Questions about Monethics
Monethics was founded in 2021.
Monethics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Annual revenue of Monethics is $7.17 as on Mar 31, 2022.
Monethics operates with a B2C model, focusing on finance, banking, personal loans, and app-based services. Provides an app-based platform for personal loan services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
Monethics is associated with 2 legal entities: Monethics Techtrade Llp, Monethics Solutions Private Limited.
The legal entities of Monethics currently have 2 directors, including Nishit Sharad Zaveri, Raj Bhavesh Doshi.