About Pocketly
Pocketly is a company based in Bengaluru (India) founded in 2019 by Aarav Bhatia and Navdeesh Ahuja. Pocketly has raised $2.83 million across 8 funding rounds from investors including Angel List, Wellfound and Dholakia Ventures. The company has 156 employees as of March 30, 2024. Pocketly operates in a competitive market with competitors including Kissht, Stashfin, Money View, CASHe and True Balance, among others.
- Headquarter Bengaluru, India
- Employees 156 as on 30 Mar, 2024
- Founders Aarav Bhatia, Navdeesh Ahuja
- 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 Pocketly Infotech Private Limited
- Date of Incorporation 21 Nov, 2019
- Jurisdiction Nagpur, Maharashtra, India
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Annual Revenue
$2.33 M (USD)177.9as on Mar 31, 2023
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Net Profit
$1.17 M (USD)154.71as on Mar 31, 2023
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EBITDA
$1.57 M (USD)148.72as on Mar 31, 2023
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Total Equity Funding
$2.83 M (USD)
in 8 rounds
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Latest Funding Round
$1.39 M (USD), Seed
Aug 01, 2024
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Investors
Angel List
& 33 more
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Employee Count
156
as on Mar 30, 2024
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People of Pocketly
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Funding Insights of Pocketly
Pocketly has successfully raised a total of $2.83M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $1.39 million completed in August 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 Pocketly
Pocketly has secured backing from 34 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Dholakia Ventures.
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Investing in pre-seed to Series A startups across various sectors in India.
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Venture capital funding is provided to innovative startups in India.
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Micro-venture capital firm investing in pre-series A startups
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Investor details for Pocketly
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Investments & Acquisitions by Pocketly
Investment portfolio details for Pocketly
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Financial Statements - Pocketly
Detailed financials for Pocketly
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Pocketly Comparisons
Peer comparison for Pocketly
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Competitors of Pocketly
Pocketly 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, Money View, CASHe and True Balance, among others.
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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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Loans, credit cards, gold investments, insurance, and UPI are provided.
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Online instant personal loans are provided to salaried professionals.
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Personal loans and prepaid instruments are provided via mobile wallet.
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Provider of a digital lending platform offering instant personal loans to underserved youth, providing financial solutions through a mobile app
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Detailed competitors of Pocketly
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Latest news on Pocketly
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Frequently Asked Questions about Pocketly
Pocketly was founded in 2019.
Pocketly is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pocketly is a funded company, having raised a total of $2.83M across 8 funding rounds to date.
As of Mar 30, 2024, the latest employee count at Pocketly is 156.
Annual revenue of Pocketly is $2.33M as on Mar 31, 2023.
Pocketly was founded in 2019 and is based in Bengaluru, India. Short-term personal loans are provided to young professionals through a fully digital application process with minimal KYC requirements. Affordable and flexible repayment options are available, along with a referral program and 247 online support. Loans can be managed and repayments tracked via a mobile application, focusing on quick access for immediate financial needs in the fintech sector.
Pocketly's top competitors include Stashfin, Money View and Kissht.
Pocketly has 34 investors. Key investors include Angel List, Wellfound, Dholakia Ventures, Premier Financial Services, and Riidl.
The valuation of Pocketly is $6.69M as of Aug 2024.