About Profintech
Profintech is a company based in Hyderabad (India) founded in 2022 by Sandeep Kunkunuru and Ravi Tanniru. Profintech has raised $1.28 million across 3 funding rounds from investors including M V Venugopal, Aparna Ravindran Pillai Syamala Devi and Donepudi Prameela. The company has 1 employees as of April 04, 2024. Profintech offers products and services including Finance Co-Pilot and Credit Bazaar. Profintech operates in a competitive market with competitors including Clime Finance, IntelleCash and Sabari Group, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 04 Apr, 2024
- Founders Sandeep Kunkunuru, Ravi Tanniru
- Stage Minicorn
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Profintech Technologies Private Limited
- Date of Incorporation 12 Nov, 2022
- Jurisdiction Shaikpet, Telangana, India
-
Annual Revenue
Not available
-
Net Profit
-$62.17 K (USD)0as on Mar 31, 2023
-
EBITDA
-$62.17 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$1.28 M (USD)
in 3 rounds
-
Latest Funding Round
$628.28 K (USD), Angel Round
Jun 29, 2024
-
Investors
Ascendior Consultancy
& 13 more
-
Employee Count
1
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Profintech
Profintech offers a comprehensive portfolio of products and services, including Finance Co-Pilot and Credit Bazaar.
AI assistant for financial decision-making and management services.
Platform for credit solutions and partnerships with businesses.
Funding Insights of Profintech
Profintech has successfully raised a total of $1.28M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $628.28 thousand completed in June 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 Profintech
Profintech has secured backing from 14 investors, including angel investors. Prominent investors backing the company include M V Venugopal, Aparna Ravindran Pillai Syamala Devi and Donepudi Prameela.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
MV
M V Venugopal |
-
|
Locked | Locked | Locked |
|
AR
Aparna Ravindran Pillai Syamala Devi |
Angel investor and entrepreneur, focusing on tech startups in India.
|
Locked | Locked | Locked |
|
DP
Donepudi Prameela |
-
|
Locked | Locked | Locked |
Investor details for Profintech
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Profintech
Investment portfolio details for Profintech
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Profintech
Detailed financials for Profintech
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Profintech Comparisons
Peer comparison for Profintech
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Profintech
Profintech 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 Clime Finance, IntelleCash and Sabari Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Financing solutions for renewable energy projects are provided.
|
|
| Locked | Locked | Locked |
Provides working capital loans to micro, small, and medium enterprises (MSMEs), backed by funding from the Michael & Susan Dell Foundation.
|
|
| Locked | Locked | Locked |
Operates as a platform offering various loan solutions to individuals.
|
Detailed competitors of Profintech
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Profintech
Complete news archive for Profintech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Profintech
Profintech was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Profintech is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ravi Tanniru is the current CEO of Profintech. They have also founded this company.
Profintech is a funded company, having raised a total of $1.28M across 3 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Profintech is 1.
Platform offering funding solutions. It is an online lending platform that provides financial and loan solutions to micro, small, and medium-sized enterprises.
Profintech's top competitors include IntelleCash, Clime Finance and Sabari Group.
Profintech offers Finance Co-Pilot and Credit Bazaar.
Profintech has 14 investors. Key investors include M V Venugopal, Aparna Ravindran Pillai Syamala Devi, Donepudi Prameela, Rahul Gedupudi, and K Srinivasan.
The valuation of Profintech is $14.7M as of Jun 2024.