About MudraCircle
MudraCircle is a Technology company based in Mumbai (India) founded in 2018 by Anand Mishra, Vaibhav Ajay Mishra, Amit Saraswat, and Nimisha Mishra. It operates as a digital platform for applying and managing unsecured business loans quickly. It operates on a B2B and SaaS model in Technology and Financial Services sectors. Its chief executive is Vaibhav Ajay Mishra. Its Indian entity Ftek Consultancy Services Private Limited reported revenue of ₹1.6 Lakh. MudraCircle offers products and services including Unsecured Business Loan, Unsecured Instant Business Overdrafts, GST Based Loan, Supply Chain Financing, and Invoice Financing. Its focus areas include FinTech, Lending Tech, Supply Chain Financing and Invoice Financing. Similar companies include Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik and 3 more; 7 of its 8 listed similar companies have raised funding.
Company details
MudraCircle is a digital lending platform based in Mumbai, India, that automates the process of applying for unsecured business loans and overdrafts. Users register online, upload documents, and the system gathers business information automatically. Loans are analyzed and approved by a credit team via telephone, with funds disbursed instantly to the users bank account. It serves entrepreneurs seeking quick, collateral-free financing through secure and transparent processes.
- Headquarters Mumbai, India
- Founders Anand Mishra, Vaibhav Ajay Mishra, Amit Saraswat, Nimisha Mishra
- SectorsTechnologyFinancial Services
- Website mudracircle.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ftek Consultancy Services Private Limited
- Date of Incorporation 06 Apr, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.6 Lakh
FY 2025 · -77% YoY
- Net Loss-₹8.4 Lakh
FY 2025 · -533% margin
- EBITDA-₹7.7 Lakh
FY 2025 · -488% margin
Associated legal entities of MudraCircle
MudraCircle operates through Ftek Consultancy Services 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 |
|---|---|---|---|---|---|---|---|
| Ftek Consultancy Services Private Limited CIN U74999MH2017PTC293533 | Active | 06 Apr 2017 | Mumbai, Maharashtra | ₹0.0 Cr | 16 | 2 | View details |
Products & Services of MudraCircle
MudraCircle offers a comprehensive portfolio of products and services, including Unsecured Business Loan, Unsecured Instant Business Overdrafts, GST Based Loan, Supply Chain Financing, and Invoice Financing.
Service for quick unsecured loans to support business operations.
Facility for immediate overdrafts without collateral for businesses.
Loan option based on GST returns for business funding.
Financing solutions for suppliers and buyers in business chains.
Advances against invoices to improve business cash flow.
Board of directors of Ftek Consultancy Services Private Limited (MudraCircle)
Ftek Consultancy Services Private Limited is the primary company behind MudraCircle. The board of Ftek Consultancy Services Private Limited currently have 2 directors; the longest-serving is Vaibhav Mishra, appointed in 2018. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Mishra DIN 07790398 | Director | 05 Mar 2018 | 8 yrs 7 mo | Ftek Consultancy Services Private Limited |
| Vishal Bajpai DIN 08290735 | Director | 30 Nov 2018 | 7 yrs 10 mo | Ftek Consultancy Services Private Limited |
People of MudraCircle
4 people are tracked at MudraCircle (4 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder, CEO | Leadership | |
Amit Saraswat | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for MudraCircle
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Financials of MudraCircle
Figures of Ftek Consultancy Services Private Limited, the primary company behind MudraCircle, for FY 2025. Revenue was ₹1.6 Lakh (-77% year on year). Net loss was -₹8.4 Lakh (-533% margin). EBITDA was -₹7.7 Lakh (-488% margin). Revenue has grown at a compounded annual rate of -36% over three years and -44% over five years.
- ₹1.6 LakhRevenue · FY 2025 · -77% YoY
- -₹8.4 LakhNet loss · -533% margin
- -₹7.7 LakhEBITDA · -488% margin
- ₹18 LakhPaid-up capital
- 16Employees (provident fund records)
- -36%Revenue CAGR, 3 years
- -44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ftek Consultancy Services Private Limited are on its company page.
Detailed financial statements for MudraCircle
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Similar companies to MudraCircle
MudraCircle has 8 listed similar companies in our database, 7 of them funded. They include Funding Societies, Bizongo, Lendingkart, Yubi and GoKwik, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundingsocieties.com | 2015 | Singapore | $241.5M | – | Business loans are provided via a P2P marketplace platform. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| lendingkart.com | 2014 | Ahmedabad, India | $260.24M | 790 | Provider of unsecured business loans and working capital financing to MSMEs | |
| go-yubi.com | 2020 | Chennai, India | $240.86M | 505 | Business loans are facilitated through an online debt marketplace. | |
| gokwik.co | 2020 | Delhi, India | $73.02M | 304 | Software solutions are provided for e-commerce and D2C brands. | |
| indifi.com | 2015 | Gurugram, India | $90.76M | 500 | Online business loans and credit solutions for MSMEs are provided. | |
| epimoney.in | 1995 | Chennai, India | – | 623 | Consumer and business loans are facilitated via an online platform. | |
| indialends.com | 2014 | Gurugram, India | $30.11M | 221 | Online platform providing loans and credit cards from various financial institutions |
Detailed similar companies of MudraCircle
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as MudraCircle (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Mudracircle
Complete news archive for MudraCircle
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Frequently Asked Questions about MudraCircle
MudraCircle was founded in 2018.
MudraCircle is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vaibhav Ajay Mishra is the current CEO of MudraCircle. They have also founded this company.
The primary company behind MudraCircle, Ftek Consultancy Services Private Limited, reported revenue of ₹1.6 Lakh for FY 2025, down 77% year on year.
MudraCircle is a digital lending platform based in Mumbai, India, that automates the process of applying for unsecured business loans and overdrafts. Users register online, upload documents, and the system gathers business information automatically. Loans are analyzed and approved by a credit team via telephone, with funds disbursed instantly to the users bank account. It serves entrepreneurs seeking quick, collateral-free financing through secure and transparent processes.
MudraCircle's top competitors include Funding Societies, Yubi and Indifi.
MudraCircle offers Unsecured Business Loan, Unsecured Instant Business Overdrafts, GST Based Loan, Supply Chain Financing, and Invoice Financing.
MudraCircle operates through Ftek Consultancy Services Private Limited.
The legal entities of MudraCircle currently have 2 directors, including Vishal Bajpai, Vaibhav Mishra.