About Ncash
Ncash is a Financial Services company based in Chennai (India) founded in 2021 by Hariharan T V, Sampathkumar M, and Veeraraghavan Narayanaswamy. Provider of an AI-powered platform for employee financial wellness in modern workplaces. Ncash has raised $570.53 thousand across 1 funding round from investors including Bhama Veeraraghavan, Gobinath Pathmanathan and Sampathkumar M. The company has 17 employees. Ncash was last valued at $10.49 million in September 2021. Its chief executive, as recorded, is Veeraraghavan Narayanaswamy. Its Indian entity Figital Technologies Private Limited reported revenue of ₹89.1 Lakh. Its focus areas include FinTech, Banking Tech and Personal Finance Management.
Company details
Ncash was founded in 2021 in Chennai, India, as a provider of an AI-driven platform focused on employee financial wellness within the fintech sector. Personalized financial tools, educational resources, and support services are delivered to employees through employer partnerships. Data analytics and AI are utilized to address financial stability needs, enabling companies to integrate these solutions into modern workplace operations across various industries.
- Headquarters Chennai, India
- Employees 17
- Founders Hariharan T V, Sampathkumar M, Veeraraghavan Narayanaswamy
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website ncash.ai
- Social LinkedIn Facebook
- Legal Name Figital Technologies Private Limited
- Date of Incorporation 15 Jun, 2021
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹89.1 Lakh
FY 2024 · +254% YoY
- Net Loss-₹1.31 Cr
FY 2024 · -147% margin
- EBITDA-₹88.3 Lakh
FY 2024 · -99% margin
- Total Equity Funding$570.53K (USD)
in 1 rounds
- Latest Funding Round$570.53K (USD), Angel Round
Sep 2021
- Employee Count17
Associated legal entities of Ncash
Ncash operates through Figital Technologies 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 |
|---|---|---|---|---|---|---|---|
| Figital Technologies Private Limited CIN U74999TN2021PTC144085 | Active | 15 Jun 2021 | Chennai, Tamil Nadu | ₹0.9 Cr | 17 | 2 | View details |
Funding Insights of Ncash
Ncash has successfully raised a total of $570.53K through 1 strategic funding round. The most recent funding activity was a Angel Round of $570.53 thousand completed in September 2021. 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.
- Total Funding $570,528
- Total Rounds 1
- Last Round Angel Round — $570,528
- First Round $570,528
(Sep 2021)
- Investors Count 3
All 1 funding rounds of Ncash with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $570,528 | Angel Round | $10.49M | Bhama Veeraraghavan, Gobinath Pathmanathan |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $10.49M | •••••••• |
Last known valuation $10.49M (Sep 2021). 3 investors in total: 0 institutional and 3 angel.
Investors in Ncash
Ncash has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Bhama Veeraraghavan, Gobinath Pathmanathan and Sampathkumar M.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BV Bhama Veeraraghavan | unknown_22d10caaa9354130a | |||
GP Gobinath Pathmanathan | Angel investor and tech leader, ex-Google, focused on Indian startups | unknown_a9f48787f8804acbb | ||
SM Sampathkumar M | Angel investor and tech leader, ex-Amazon, focused on Indian startups | unknown_de6f42fec47942c08 |
Investor details for Ncash
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Figital Technologies Private Limited (Ncash)
Figital Technologies Private Limited is the primary company behind Ncash. The board of Figital Technologies Private Limited currently have 2 directors; the longest-serving is Bhama Veeraraghavan, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhama Veeraraghavan DIN 08563890 | Director | 15 Jun 2021 | 5 yrs 4 mo | Figital Technologies Private Limited |
| Manickam Sampathkumar DIN 09394546 | Director | 11 Nov 2021 | 4 yrs 11 mo | Figital Technologies Private Limited |
People of Ncash
5 people are tracked at Ncash (5 in leadership); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
Hariharan T V | Co-Founder & CRO | Leadership |
Sampathkumar M | Co-Founder & COO | Leadership |
Veeraraghavan Narayanaswamy | Co-Founder & CEO | Leadership |
Krithika Ramachandran | Head Talent & Culture | Leadership |
Sathis Raj | Vice President Of Products | Leadership |
Complete people profiles for Ncash
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ncash
Figures of Figital Technologies Private Limited, the primary company behind Ncash, for FY 2024. Revenue was ₹89.1 Lakh (+254% year on year). Net loss was -₹1.31 Cr (-147% margin). EBITDA was -₹88.3 Lakh (-99% margin).
- ₹89.1 LakhRevenue · FY 2024 · +254% YoY
- -₹1.31 CrNet loss · -147% margin
- -₹88.3 LakhEBITDA · -99% margin
- ₹80.7 LakhPaid-up capital
- 17Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Figital Technologies Private Limited are on its company page.
Detailed financial statements for Ncash
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ncash
3 dated milestones of Ncash, from founding to its latest funding, stage changes and deals.
- Founded Ncash is founded.
- Funding First funding round of $571K.
- Milestone Reaches Minicorn status.
Web traffic of Ncash
The website of Ncash (ncash.ai) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 115.2% vs previous month
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Frequently Asked Questions about Ncash
Ncash was founded in 2021.
Ncash is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Veeraraghavan Narayanaswamy is the CEO of Ncash, as recorded in our data. They have also founded this company.
Ncash is a funded company, having raised a total of $570.53K across 1 funding round to date. The company's 1st funding round was a Angel Round of $570.53K, raised on Sep 2021.
Ncash has 17 employees.
The primary company behind Ncash, Figital Technologies Private Limited, reported revenue of ₹89.1 Lakh for FY 2024, up 254% year on year.
Ncash was founded in 2021 in Chennai, India, as a provider of an AI-driven platform focused on employee financial wellness within the fintech sector. Personalized financial tools, educational resources, and support services are delivered to employees through employer partnerships. Data analytics and AI are utilized to address financial stability needs, enabling companies to integrate these solutions into modern workplace operations across various industries.
Ncash has 3 investors. Key investors include Bhama Veeraraghavan, Gobinath Pathmanathan, and Sampathkumar M.
The valuation of Ncash is $10.49M as of Sep 2021.
Ncash operates through Figital Technologies Private Limited.
The legal entities of Ncash currently have 2 directors, including Bhama Veeraraghavan, Manickam Sampathkumar.