About Neufin
Neufin is a company based in Mumbai (India) founded in 2022 by Rahool Gadkari and Rushil Noronha.. 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 as of April 06, 2024. Neufin operates in a competitive market with competitors including Ecofy, Two Point O Capital, Greenifit, Trustflow and Amplify Energy Innovations, among others.
- Headquarter Mumbai, India
- Employees 8 as on 06 Apr, 2024
- Founders Rahool Gadkari, Rushil Noronha
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Neufo Technologies Private Limited
- Date of Incorporation 22 Dec, 2021
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$4.92 K (USD)0as on Mar 31, 2023
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Net Profit
$-60.12 K (USD)-1660.63as on Mar 31, 2023
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EBITDA
$-63.2 K (USD)-1818.39as on Mar 31, 2023
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Total Equity Funding
$971.63 K (USD)
in 1 rounds
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Latest Funding Round
$971.63 K (USD), Seed
Dec 09, 2022
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Investors
Angel List
& 15 more
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Employee Count
8
as on Apr 06, 2024
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $971,632
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First Round
First Round
(09 Dec 2022)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Neufin | Valuation | Better Capital , Good Capital |
| 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 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. 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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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location | |
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Seed to series A startups receive investments from Good Capital.
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Founded Year | Domain | Location | |
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Early-stage tech companies are targeted for venture capital investments.
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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 Neufin
| 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 - Neufin
| 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 |
Neufin Comparisons
Competitors of Neufin
Neufin 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 Ecofy, Two Point O Capital, Greenifit, Trustflow and Amplify Energy Innovations, 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 |
Financial solutions for the electric vehicle, solar, and SME sectors
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| domain | founded_year | HQ Location |
Financing solutions for energy transition and sustainable growth are provided.
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| domain | founded_year | HQ Location |
Clean technologies are linked to financial solutions for green investments.
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| domain | founded_year | HQ Location |
AI tools for B2B demand generation, growth hacking, and sales transformation.
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| domain | founded_year | HQ Location |
Operates a solar energy marketplace connecting customers, financers, and manufacturers.
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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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Frequently Asked Questions about Neufin
When was Neufin founded?
Neufin was founded in 2022.
Where is Neufin located?
Neufin is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Neufin a funded company?
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 09, 2022.
How many employees does Neufin have?
As of Apr 06, 2024, the latest employee count at Neufin is 8.
What is the annual revenue of Neufin?
Annual revenue of Neufin is $4.92K as on Mar 31, 2023.
What does Neufin do?
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.
Who are the top competitors of Neufin?
Neufin's top competitors include Ecofy, Two Point O Capital and Greenifit.
Who are Neufin's investors?
Neufin has 16 investors. Key investors include Angel List, Better Capital, Good Capital, Time Zero Capital, and Touchstone Ventures.
What is Neufin's valuation?
The valuation of Neufin is $5.37M as of Dec 2022.