About Neufin
Neufin is a Financial Services company based in Mumbai (India) founded in 2022 by Rahool Gadkari and Rushil Noronha. Green financing is provided via an online lending platform. Neufin has raised $971.63 thousand across 1 funding round from investors including Angel List, Better Capital and Good Capital. The company has 8 employees. Neufin was last valued at $5.37 million in December 2022. Its Indian entity Neufo Technologies Private Limited reported revenue of ₹58.1 Lakh. Its focus areas include Services for Investment Industry, FinTech, Alternative Lending and Online Lenders. Its competitors include Ecofy, Two Point O Capital and Greenifit; 3 of its 3 listed competitors have raised funding.
Company details
Neufin was established in 2022 in Mumbai, India, as a fintech entity in the sustainable finance sector. An online platform is maintained to deliver financing options, including debt for green energy projects that utilize carbon credits and development capital. Loans are extended to businesses in areas such as biofuels, electric vehicles, and sustainable agriculture, supporting environmental initiatives across these fields.
- Headquarters Mumbai, India
- Employees 8
- Founders Rahool Gadkari, Rushil Noronha
- Stage Minicorn
- SectorsFinancial Services
- Website neufin.co
- Social LinkedIn X
- Legal Name Neufo Technologies Private Limited
- Date of Incorporation 22 Dec, 2021
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹58.1 Lakh
FY 2025 · +63% YoY
- Net Loss-₹2.09 Cr
FY 2025 · -359% margin
- EBITDA-₹2.07 Cr
FY 2025 · -356% margin
- Total Equity Funding$971.63K (USD)
in 1 rounds
- Latest Funding Round$971.63K (USD), Seed
Dec 2022
- InvestorsAngel List
& 15 more
- Employee Count8
Associated legal entities of Neufin
Neufin is associated with 2 registered companies on The Company Check; the primary company is Neufo Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neufo Technologies Private Limited CIN U35109PN2021PTC207142 | Active | 22 Dec 2021 | Pune, Maharashtra | ₹0.6 Cr | 8 | 2 | View details |
| Neufo Technologies Private Limited CIN U74999PN2021PTC207142 | 22 Dec 2021 | Pune, Maharashtra, India | View details |
Funding Insights of Neufin
Neufin has successfully raised a total of $971.63K through 1 strategic funding round. The most recent funding activity was a Seed round of $971.63 thousand completed in December 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.
- Total Funding $971,632
- Total Rounds 1
- Last Round Seed — $971,632
- First Round $971,632
(Dec 2022)
- Investors Count 16
All 1 funding rounds of Neufin 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 |
|---|---|---|---|---|---|
| Dec 2022 | $971,632 | Seed | $5.37M | Better Capital, Good Capital |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $5.37M | •••••••• |
Last known valuation $5.37M (Dec 2022). 16 investors in total: 6 institutional and 10 angel.
Investors in Neufin
Neufin has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Better Capital and Good Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage companies are invested in by Better Capital. | bettercapital.vc | Santa Clara, United States | ||
Seed to series A startups receive investments from Good Capital. | goodcapital.vc | Delhi, India | ||
Early-stage tech companies are targeted for venture capital investments. | timezerocapital.com | Palo Alto, United States | ||
Venture capital firm focused on multiple sectors | stargazergrowth.tcc.mode | Bengaluru, India | ||
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Limited information available | touchstone-ventures.com | Singapore, Singapore | ||
JG Jiten Gupta | Founder of Jupiter, ex-Managing Director at PayU, prominent fintech angel investor | unknown_a03ffec3b1984521a | ||
MM Muthiah Murugappan | Angel investor, ex-entrepreneur, focused on Indian startups in tech and consumer sectors. | unknown_92a2ab5f1ef34168a | ||
SJ Sumer Juneja | unknown_0792eabe23bc4b3eb | |||
AG Ashish Goel | unknown_0d321a284ab14962a |
Investor details for Neufin
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 Neufo Technologies Private Limited (Neufin)
Neufo Technologies Private Limited is the primary company behind Neufin. The board of Neufo Technologies Private Limited currently have 2 directors; the longest-serving is Rahool Gadkari, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahool Gadkari DIN 09184567 | Director | 22 Dec 2021 | 4 yrs 10 mo | Neufo Technologies Private Limited |
| Rushil Noronha DIN 09445614 | Director | 22 Dec 2021 | 4 yrs 10 mo | Neufo Technologies Private Limited |
People of Neufin
2 people are tracked at Neufin (2 in leadership); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Neufin
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 Neufin
Figures of Neufo Technologies Private Limited, the primary company behind Neufin, for FY 2025. Revenue was ₹58.1 Lakh (+63% year on year). Net loss was -₹2.09 Cr (-359% margin). EBITDA was -₹2.07 Cr (-356% margin).
- ₹58.1 LakhRevenue · FY 2025 · +63% YoY
- -₹2.09 CrNet loss · -359% margin
- -₹2.07 CrEBITDA · -356% margin
- ₹16 LakhPaid-up capital
- 8Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Neufo Technologies Private Limited are on its company page.
Detailed financial statements for Neufin
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 Neufin
3 dated milestones of Neufin, from founding to its latest funding, stage changes and deals.
- Founded Neufin is founded.
- Funding First funding round of $972K.
- Milestone Reaches Minicorn status.
Competitors of Neufin
Neufin has 3 listed competitors in our database, 3 of them funded. They include Ecofy, Two Point O Capital and Greenifit.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecofy.co.in | 2022 | Mumbai, India | $10.82M | 286 | Financial solutions for the electric vehicle, solar, and SME sectors | |
| twopointo.capital | 2024 | Mumbai, India | $6.3M | Financing solutions for energy transition and sustainable growth are provided. | ||
| greenifit.com | 2019 | Mumbai, India | $425,571 | 16 | Clean technologies are linked to financial solutions for green investments. |
Detailed competitors of Neufin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Neufin
The website of Neufin (neufin.co) receives about 6.7K visits a month.
- Monthly visits6.7K
▲ 14.5% vs previous month
Top companies in Investment & Wealth Tech
3 companies that operate in the same segment as Neufin (Investment & Wealth Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment consultant for future & options and commodities | 1987 | Kochi, Kerala, India | USD 71.52 M | 2,690 | ||
Technology-led financial products and infrastructure services are provided for consumers. | 2021 | Mumbai, Maharashtra, India | USD 145.66 M | USD 1.98 M | 376 |
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Frequently Asked Questions about Neufin
Neufin was founded in 2022.
Neufin is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Neufin is a funded company, having raised a total of $971.63K across 1 funding round to date. The company's 1st funding round was a Seed of $971.63K, raised on Dec 2022.
Neufin has 8 employees.
The primary company behind Neufin, Neufo Technologies Private Limited, reported revenue of ₹58.1 Lakh for FY 2025, up 63% year on year.
Neufin was established in 2022 in Mumbai, India, as a fintech entity in the sustainable finance sector. An online platform is maintained to deliver financing options, including debt for green energy projects that utilize carbon credits and development capital. Loans are extended to businesses in areas such as biofuels, electric vehicles, and sustainable agriculture, supporting environmental initiatives across these fields.
Neufin's top competitors include Ecofy, Two Point O Capital and Greenifit.
Neufin has 16 investors. Key investors include Angel List, Better Capital, Good Capital, Time Zero Capital, and Touchstone Ventures.
The valuation of Neufin is $5.37M as of Dec 2022.
Neufin operates through Neufo Technologies Private Limited.
The legal entities of Neufin currently have 2 directors, including Rahool Gadkari, Rushil Noronha.