About NuCash
NuCash is a Financial Services company based in Mumbai (India) founded in 2020 by Ashit Joshi. It operates as a digital app for fast education loans and financial management services. It operates on a D2C and B2C model in Financial Services and Technology sectors. The company has 10 employees. Its Indian entity Nucash Financial Services Private Limited reported revenue of ₹9.2 Lakh. NuCash offers products and services including Education Loan, Vocational Loan, and NuCashing App. Its focus areas include FinTech, Investment Tech, Lending and Education Loans. Its competitors include akudo, Streak Card, Finteck and Zigii; 2 of its 4 listed competitors have raised funding.
Company details
NuCash is a digital banking platform that provides quick loan approvals, such as education and vocational loans, within 30 minutes, eliminating the need for in-person bank visits. It focuses on lending and investing services through a user-friendly app, offering flexible repayment options and competitive rates. Based in India, it serves students and individuals seeking efficient financial solutions, with features like 247 customer support and tools for managing finances.
- Headquarters Mumbai, India
- Employees 10
- Founders Ashit Joshi
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website nucash.money
- Social X Facebook
- Legal Name Nucash Financial Services Private Limited
- Date of Incorporation 03 Mar, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹9.2 Lakh
FY 2025 · +8% YoY
- Net Loss-₹1.21 Cr
FY 2025 · -1312% margin
- EBITDA-₹1.17 Cr
FY 2025 · -1273% margin
- Employee Count10
Associated legal entities of NuCash
NuCash is associated with 2 registered companies on The Company Check; the primary company is Nucash Financial Services 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 |
|---|---|---|---|---|---|---|---|
| Nucash Financial Services Private Limited CIN U72100MH2021PTC356208 | Active | 03 Mar 2021 | Mumbai, Maharashtra | ₹0.1 Cr | 10 | 2 | View details |
| Nucash Securities Private Limited CIN U67100MH2021PTC367704 | Active | 17 Sep 2021 | Mumbai, Maharashtra | ₹0.1 Cr | – | 2 | View details |
Products & Services of NuCash
NuCash offers a comprehensive portfolio of products and services, including Education Loan, Vocational Loan, and NuCashing App.
Quick approval loans for educational funding and goals.
Fast loans for skill training and career development needs.
App for managing finances and accessing loan services easily.
Board of directors of Nucash Financial Services Private Limited (NuCash)
Nucash Financial Services Private Limited is the primary company behind NuCash. The boards of the 2 registered companies of NuCash currently have 2 directors; the longest-serving is Dharmik Nilesh Joshi, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dharmik Nilesh Joshi DIN 09088874 | Director | 03 Mar 2021 | 5 yrs 7 mo | Nucash Financial Services Private Limited, Nucash Securities Private Limited |
| Mukund Harivadan Joshi DIN 09550913 | Whole-time director | 28 Jun 2022 | 4 yrs 3 mo | Nucash Financial Services Private Limited, Nucash Securities Private Limited |
People of NuCash
2 people are tracked at NuCash (1 in leadership, 1 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Ashit Joshi | Founder | Leadership |
saurabh kaushik | City Manager Sales | Team |
Complete people profiles for NuCash
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Financials of NuCash
Figures of Nucash Financial Services Private Limited, the primary company behind NuCash, for FY 2025. Revenue was ₹9.2 Lakh (+8% year on year). Net loss was -₹1.21 Cr (-1312% margin). EBITDA was -₹1.17 Cr (-1273% margin). Revenue has grown at a compounded annual rate of +82% over three years.
- ₹9.2 LakhRevenue · FY 2025 · +8% YoY
- -₹1.21 CrNet loss · -1312% margin
- -₹1.17 CrEBITDA · -1273% margin
- ₹6.80 CrPaid-up capital
- 10Employees (provident fund records)
- +82%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Nucash Financial Services Private Limited are on its company page.
Detailed financial statements for NuCash
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Competitors of NuCash
NuCash has 4 listed competitors in our database, 2 of them funded. They include akudo, Streak Card, Finteck and Zigii, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akudo.in | 2020 | Bengaluru, India | $4.2M | 1 | Offers an app-based neobank designed for teenagers. | |
| streakcard.com | 2020 | Bengaluru, India | $678,579 | – | Digital bank for teenagers | |
| finteck.in | 2022 | Bhubaneswar, India | – | – | Online money management platform for teens | |
| zigii.in | 2021 | Noida, India | – | – | Provides B2B platforms for travel bookings and secure transactions. |
Detailed competitors of NuCash
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Web traffic of NuCash
The website of NuCash (nucash.money) receives about 5.7K visits a month.
- Monthly visits5.7K
▲ 310.2% vs previous month
Top companies in Consumer and SME Loans
10 companies that operate in the same segment as NuCash (Consumer and SME Loans), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Synchrony is engaged in providing credit cards and banking services. | 1993 | Salem, United States | USD 25 M | USD 19.12 B | 20,000 | |
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | – | USD 1.9 B | 36,520 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Household and business loans are provided with risk management support. | 2006 | Chennai, Tamil Nadu, India | USD 283.47 M | USD 288.73 M | 1,100 | |
Online gold, home, personal, and business loans are provided. | 1995 | Mumbai, Maharashtra, India | – | USD 1.38 B | 38,720 | |
An online lending platform for point-of-sale financing is provided. | 2013 | Bengaluru, Karnataka, India | USD 205.92 M | USD 3.93 M | 499 |
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Related news about Nucash
Complete news archive for NuCash
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Frequently Asked Questions about NuCash
NuCash was founded in 2020.
NuCash is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
NuCash has 10 employees.
The primary company behind NuCash, Nucash Financial Services Private Limited, reported revenue of ₹9.2 Lakh for FY 2025, up 8% year on year.
NuCash is a digital banking platform that provides quick loan approvals, such as education and vocational loans, within 30 minutes, eliminating the need for in-person bank visits. It focuses on lending and investing services through a user-friendly app, offering flexible repayment options and competitive rates. Based in India, it serves students and individuals seeking efficient financial solutions, with features like 247 customer support and tools for managing finances.
NuCash's top competitors include akudo, Streak Card and Finteck.
NuCash offers Education Loan, Vocational Loan, and NuCashing App.
NuCash is associated with 2 legal entities: Nucash Financial Services Private Limited, Nucash Securities Private Limited.
The legal entities of NuCash currently have 2 directors, including Dharmik Nilesh Joshi, Mukund Harivadan Joshi.