About Myfinfi
Myfinfi is a company based in Mumbai (India) founded in 2022 by Abhinava Paliwal and Pranav Barthwal. Myfinfi has raised $269.89 thousand across 1 funding round from investors including LetsVenture, Manjiri Sharma and Bharat Kalia. Myfinfi operates in a competitive market with competitors including Clair, Jify, Refyne, Kaarva and Daily Salary, among others.
- Headquarter Mumbai, India
- Founders Abhinava Paliwal, Pranav Barthwal
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Phone
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Website
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Social
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Annual Revenue
$3.08 K (USD)0as on Mar 31, 2023
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Net Profit
-$100.52 K (USD)0as on Mar 31, 2023
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EBITDA
-$99.15 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$269.89 K (USD)
in 1 rounds
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Latest Funding Round
$269.89 K (USD), Seed
Jul 14, 2022
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Investors
LetsVenture
& 2 more
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Employee Count
Not available
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Funding Insights of Myfinfi
Myfinfi has successfully raised a total of $269.89K through 1 strategic funding round. The most recent funding activity was a Seed round of $269.89 thousand completed in July 2022. 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.
Investors in Myfinfi
Myfinfi has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include LetsVenture, Manjiri Sharma and Bharat Kalia.
| Investor | Description | Founded Year | Domain | Location |
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Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
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MS
Manjiri Sharma |
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BK
Bharat Kalia |
Angel investor, tech enthusiast, supporting Indian startups in SaaS and consumer tech.
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Locked | Locked | Locked |
Investor details for Myfinfi
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Investments & Acquisitions by Myfinfi
Investment portfolio details for Myfinfi
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Financial Statements - Myfinfi
Detailed financials for Myfinfi
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Myfinfi Comparisons
Peer comparison for Myfinfi
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Competitors of Myfinfi
Myfinfi 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 Clair, Jify, Refyne, Kaarva and Daily Salary, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Embedded Earned Wage Access solutions are provided for HR platforms.
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Online financial management and on demand salary solutions for employees
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Provider of earned wage access and financial wellness solutions
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Earned salaries are accessed by employees through a flexible platform.
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A cloud-based application for managing employee salaries efficiently.
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Detailed competitors of Myfinfi
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Latest news on Myfinfi
Complete news archive for Myfinfi
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Frequently Asked Questions about Myfinfi
Myfinfi was founded in 2022.
Myfinfi is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pranav Barthwal is the current CEO of Myfinfi. They have also founded this company.
Myfinfi is a funded company, having raised a total of $269.89K across 1 funding round to date.
Annual revenue of Myfinfi is $3.08K as on Mar 31, 2023.
Myfinfi was founded in 2022 in Mumbai, India, as a fintech platform focused on employee financial benefits. A cloud-based system is utilized to enable early access to earned salaries before payday. Expense cards and cashback offers are also provided to support employee spending. Operations are centered in the financial services sector, targeting workplace benefits in India.
Myfinfi has 3 investors. Key investors include LetsVenture, Manjiri Sharma, and Bharat Kalia.
The valuation of Myfinfi is $3.19M as of Jul 2022.