About Niro
Niro is a company based in Bengaluru (India) founded in 2021 by Aditya Kumar and Sankalp Mathur.. Niro has raised $19.57 million across 6 funding rounds from investors including Alteria Capital, Z Nation Lab and Marui Group. The company has 35 employees as of October 14, 2025. Niro offers products and services including Personal Loan Service and Embedded Finance APIs. Niro operates in a competitive market with competitors including Kissht, Stashfin, CASHe, Branch and Finnable, among others.
- Headquarter Bengaluru, India
- Employees 35 as on 14 Oct, 2025
- Founders Aditya Kumar, Sankalp Mathur
- 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 Qfi Technologies Private Limited
- Date of Incorporation 15 Mar, 2021
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$4.59 M (USD)273.43as on Mar 31, 2024
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Net Profit
$-9.11 M (USD)-227.95as on Mar 31, 2024
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EBITDA
$-8.9 M (USD)-213.23as on Mar 31, 2024
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Total Equity Funding
$19.57 M (USD)
in 6 rounds
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Latest Funding Round
$821.23 K (USD), Series A
Dec 09, 2024
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Investors
Alteria Capital
& 36 more
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Employee Count
35
as on Oct 14, 2025
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Products & Services of Niro
Niro offers a comprehensive portfolio of products and services, including Personal Loan Service and Embedded Finance APIs. 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.
Provides instant personal loans up to ₹7 lakhs with quick disbursement.
APIs for integrating credit offerings into apps for seamless transactions.
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Leadership Team
2 people
Finance and Accounting
2 people
Software Development Team
2 people
SDE Team
1 people
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Funding Insights of Niro
Niro has successfully raised a total of $19.57M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $821.23 thousand completed in December 2024. 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 6
- Last Round Series A — $821,225
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First Round
First Round
(09 Sep 2021)
- Investors Count 37
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - Niro | Valuation | GMO Venture Partners , Z Nation Lab | |
| May, 2024 | Amount | Series A - Niro | Valuation | Suneight Investment | |
| Apr, 2023 | Amount | Debt – Venture - Niro | Valuation |
investors |
| 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 Niro
Niro has secured backing from 37 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alteria Capital, Z Nation Lab and Marui Group. 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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Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
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Founded Year | Domain | Location | |
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Early-stage tech ventures in the US and Asia are funded.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm focusing on Asia regions.
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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 Niro
| 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 - Niro
| 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 |
Niro Comparisons
Competitors of Niro
Niro 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 Kissht, Stashfin, CASHe, Branch and Finnable, 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 |
Personal, business, and property loans are provided by Kissht.
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| domain | founded_year | HQ Location |
Digital lending and instant credit lines are provided to individuals.
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| domain | founded_year | HQ Location |
Online instant personal loans are provided to salaried professionals.
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| domain | founded_year | HQ Location |
Branch is focused on providing faster workforce payment solutions.
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| domain | founded_year | HQ Location |
Online personal loans with minimal documentation are offered digitally.
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| domain | founded_year | HQ Location |
Fibe is recognized as India's largest lending platform for instant credit solutions.
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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 Niro
Frequently Asked Questions about Niro
When was Niro founded?
Niro was founded in 2021.
Where is Niro located?
Niro is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Niro?
Aditya Kumar is the current CEO of Niro. They have also founded this company.
Is Niro a funded company?
Niro is a funded company, having raised a total of $19.57M across 6 funding rounds to date. The company's 1st funding round was a Debt – Venture of $2.5M, raised on Sep 09, 2021.
How many employees does Niro have?
As of Oct 14, 2025, the latest employee count at Niro is 35.
What is the annual revenue of Niro?
Annual revenue of Niro is $4.59M as on Mar 31, 2024.
What does Niro do?
Niro was founded in 2021 in Bengaluru, India, within the fintech sector focused on lending solutions. A platform is offered that allows consumer platforms to deliver financial services to end users. Point-of-sale financing is included to support retailers in extending credit options. Integrations are achieved via APIs and SDKs for seamless connectivity. An accompanying app is made available for Android and iOS devices.
Who are the top competitors of Niro?
Niro's top competitors include Stashfin, Money View and Kissht.
What products or services does Niro offer?
Niro offers Personal Loan Service and Embedded Finance APIs.
Who are Niro's investors?
Niro has 37 investors. Key investors include Alteria Capital, Z Nation Lab, Marui Group, Elevar Equity, and InnoVen Capital.
What is Niro's valuation?
The valuation of Niro is $33.14M as of Apr 2023.
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