About Neev Finance
Neev Finance is a company based in Bengaluru (India) founded in 2016 by Samir Agarwal, Kavita Agarwal, Nikhil Saraf, and Amit Jaiswal.. Neev Finance has raised $286.36 thousand across 3 funding rounds from investors including Askfinancialadvisors, Sunita Jaiswal and Pooja Saraf. The company has 10 employees as of April 02, 2025. Neev Finance offers products and services including Education Loans and Neev Finance App. Neev Finance operates in a competitive market with competitors including Varthana, Auxilo, Jodo, Edviron and Easy4Dad, among others.
- Headquarter Bengaluru, India
- Employees 10 as on 02 Apr, 2025
- Founders Samir Agarwal, Kavita Agarwal, Nikhil Saraf, Amit Jaiswal
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Neev Credit Limited
- Date of Incorporation 23 Jan, 1996
- Jurisdiction Parganas North, West Bengal, India
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Annual Revenue
$467.73 K (USD)21.55as on Mar 31, 2023
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Net Profit
$4.84 K (USD)54.29as on Mar 31, 2023
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EBITDA
$100.71 K (USD)18.46as on Mar 31, 2023
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Total Equity Funding
$286.36 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Askfinancialadvisors
& 6 more
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Employee Count
10
as on Apr 02, 2025
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Products & Services of Neev Finance
Neev Finance offers a comprehensive portfolio of products and services, including Education Loans and Neev Finance App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers collateral-free loans for education fees and expenses.
Platform for applying and managing student loans quickly.
Funding Insights of Neev Finance
Neev Finance has successfully raised a total of $286.36K across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(29 Mar 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Unspecified - Neev Finance | Valuation | Askfinancialadvisors , Sunita Jaiswal | |
| Mar, 2019 | Amount | Unspecified - Neev Finance | Valuation | Askfinancialadvisors |
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| Mar, 2018 | Amount | Unspecified - Neev Finance | Valuation | Askfinancialadvisors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neev Finance
Neev Finance has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Askfinancialadvisors, Sunita Jaiswal and Pooja Saraf. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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SJ
Sunita Jaiswal |
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Founded Year | Domain | Location |
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PS
Pooja Saraf |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Neev Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Neev Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neev Finance Comparisons
Competitors of Neev Finance
Neev Finance 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 Varthana, Auxilo, Jodo, Edviron and Easy4Dad, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
School and student loan solutions are provided for educational needs.
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| domain | founded_year | HQ Location |
Financial products for education loans and services are provided.
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| domain | founded_year | HQ Location |
Automated fee management platform for educational institutions is provided.
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| domain | founded_year | HQ Location |
An online platform delivering efficient fee management solutions for schools.
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| domain | founded_year | HQ Location |
Facilitates easy payment of fees for schools, colleges, and training centers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Neev Finance
Frequently Asked Questions about Neev Finance
When was Neev Finance founded?
Neev Finance was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Neev Finance located?
Neev Finance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Neev Finance?
Nikhil Saraf is the current CEO of Neev Finance. They have also founded this company.
Is Neev Finance a funded company?
Neev Finance is a funded company, having raised a total of $286.36K across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $199.9K, raised on Mar 29, 2018.
How many employees does Neev Finance have?
As of Apr 02, 2025, the latest employee count at Neev Finance is 10.
What is the annual revenue of Neev Finance?
Annual revenue of Neev Finance is $467.73K as on Mar 31, 2023.
What does Neev Finance do?
Neev Finance was established in 2016 as a non-banking financial company in Bengaluru, India. Short-term loans ranging from INR 30,000 to INR 2 lakh are provided to parents for paying K-12 education fees. Collaborations with schools and an MoU with Ola Cabs have been formed to support drivers children. By June 2016, partnerships with 45 institutions were secured, and approximately 300 loans were disbursed across Bengaluru, Nagpur, and Mumbai.
Who are the top competitors of Neev Finance?
What products or services does Neev Finance offer?
Neev Finance offers Education Loans and Neev Finance App.
Who are Neev Finance's investors?
Neev Finance has 7 investors. Key investors include Askfinancialadvisors, Sunita Jaiswal, Pooja Saraf, Nikhil Saraf, and Samir Agarwal.
What is Neev Finance's valuation?
The valuation of Neev Finance is $3.52M as of Mar 2019.