About Neowise
Neowise is a Financial Services company based in Mumbai (India) founded in 2020 by Siddarth Padmanabhan, and was acquired by Decentro in July 2023. Digital banking services for individuals are offered by Neowise. Its Indian entity Neowise Technologies Private Limited reported revenue of ₹5.64 Cr. Neowise offers products and services including NeoBot and NeoSight. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its competitors include Niyo, Freo and Avail Finance; 3 of its 3 listed competitors have raised funding.
Company details
Neowise was founded in 2020 in Mumbai, India, as a digital bank targeting individuals in the fintech sector. Savings accounts, prepaid cards for purchases, bill payments, and money transfers are provided. Expenditure and income analysis, along with credit-building loans and financial insights, are also included in its operations to support personal finance management.
- Headquarters Mumbai, India
- Founders Siddarth Padmanabhan
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website neowise.money
- Social LinkedIn X YouTube
- Acquired by Decentro (Jul 2023)
- Legal Name Neowise Technologies Private Limited
- Date of Incorporation 26 Aug, 2020
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Neowise
Neowise operates through Neowise Technologies 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 |
|---|---|---|---|---|---|---|---|
| Neowise Technologies Private Limited CIN U72900MH2020PTC344568 | Active | 26 Aug 2020 | Mumbai, Maharashtra | ₹5.6 Cr | 36 | 2 | View details |
Products & Services of Neowise
Neowise offers a comprehensive portfolio of products and services, including NeoBot and NeoSight.
Automates personalized outreach for debt recovery via messages and calls.
Offers data insights and task management for efficient loan collections.
Apps and channels of Neowise
its YouTube channel Decentro has 322 subscribers and 30 videos.
Videos from Neowise
The most watched videos on Neowise's YouTube channel, Decentro (322 subscribers). Click a video to play it here.
More on Decentro.
Investors in Neowise
Neowise has secured backing from 1 investor. Prominent investors backing the company include Decentro.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
API solutions for banking integrations are provided to businesses. | 2020 | decentro.tech | Singapore |
Investor details for Neowise
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Board of directors of Neowise Technologies Private Limited (Neowise)
Neowise Technologies Private Limited is the primary company behind Neowise. The board of Neowise Technologies Private Limited currently have 2 directors; the longest-serving is Rohit Ramachandran, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Ramachandran DIN 07611977 | Director | 26 Aug 2020 | 6 yrs 1 mo | Neowise Technologies Private Limited |
| Pratik Shirish Daudkhane DIN 08751972 | Additional Director | 05 Jan 2026 | 9 mo | Neowise Technologies Private Limited |
People of Neowise
1 people are tracked at Neowise (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Neowise
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Financials of Neowise
Figures of Neowise Technologies Private Limited, the primary company behind Neowise, for FY 2025. Revenue was ₹5.64 Cr (+416% year on year). Net profit was ₹1.93 Cr (34% margin). EBITDA was ₹2.33 Cr (41% margin). Revenue has grown at a compounded annual rate of +532% over three years.
- ₹5.64 CrRevenue · FY 2025 · +416% YoY
- ₹1.93 CrNet profit · 34% margin
- ₹2.33 CrEBITDA · 41% margin
- ₹1.82 CrPaid-up capital
- 36Employees (provident fund records)
- +532%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Neowise Technologies Private Limited are on its company page.
Detailed financial statements for Neowise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Neowise
2 dated milestones of Neowise across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Neowise is founded.
- Exit Acquired by Decentro.
Competitors of Neowise
Neowise has 3 listed competitors in our database, 3 of them funded. They include Niyo, Freo and Avail Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goniyo.com | 2015 | Bengaluru, India | $179.35M | 410 | Online platform for wealth management | |
| freo.money | 2015 | Bengaluru, India | $46.31M | 177 | Digital banking services are offered to individual users. | |
| availfinance.in | 2017 | Bengaluru, India | $38.48M | 2 | Neobank for individuals |
Detailed competitors of Neowise
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Web traffic of Neowise
The website of Neowise (neowise.money) receives about 1.4K visits a month.
- Monthly visits1.4K
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Related news about Neowise
Complete news archive for Neowise
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Frequently Asked Questions about Neowise
Neowise was founded in 2020.
Neowise is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Neowise, Neowise Technologies Private Limited, reported revenue of ₹5.64 Cr for FY 2025, up 416% year on year.
Neowise was founded in 2020 in Mumbai, India, as a digital bank targeting individuals in the fintech sector. Savings accounts, prepaid cards for purchases, bill payments, and money transfers are provided. Expenditure and income analysis, along with credit-building loans and financial insights, are also included in its operations to support personal finance management.
Neowise's top competitors include Freo, Niyo and Avail Finance.
Neowise offers NeoBot and NeoSight.
Neowise has 1 investor. Key investors include Decentro.
Neowise operates through Neowise Technologies Private Limited.
Yes. Neowise was acquired by Decentro in July 2023.
The legal entities of Neowise currently have 2 directors, including Rohit Ramachandran, Pratik Shirish Daudkhane.