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.
Provides instant personal loans up to ₹7 lakhs with quick disbursement.
APIs for integrating credit offerings into apps for seamless transactions.
People of Niro
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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.
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.
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Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
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Early-stage tech ventures in the US and Asia are funded.
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Early-stage venture capital firm focusing on Asia regions.
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Investor details for Niro
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Investments & Acquisitions by Niro
Investment portfolio details for Niro
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Financial Statements - Niro
Detailed financials for Niro
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Niro Comparisons
Peer comparison for Niro
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Personal, business, and property loans are provided by Kissht.
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Digital lending and instant credit lines are provided to individuals.
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Online instant personal loans are provided to salaried professionals.
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Branch is focused on providing faster workforce payment solutions.
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Online personal loans with minimal documentation are offered digitally.
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Fibe is recognized as India's largest lending platform for instant credit solutions.
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Detailed competitors of Niro
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Latest news on Niro
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Frequently Asked Questions about Niro
Niro was founded in 2021.
Niro is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Aditya Kumar is the current CEO of Niro. They have also founded this company.
Niro is a funded company, having raised a total of $19.57M across 6 funding rounds to date.
As of Oct 14, 2025, the latest employee count at Niro is 35.
Annual revenue of Niro is $4.59M as on Mar 31, 2024.
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.
Niro's top competitors include Stashfin, Money View and Kissht.
Niro offers Personal Loan Service and Embedded Finance APIs.
Niro has 37 investors. Key investors include Alteria Capital, Z Nation Lab, Marui Group, Elevar Equity, and InnoVen Capital.
The valuation of Niro is $33.14M as of Apr 2023.