About Radian Finserv
Radian Finserv is a company based in Bengaluru (India) founded in 2020 by Sumit Sharma and Sanjiv Bhasin.. Radian Finserv has raised $417.3 thousand across 1 funding round from investors including Napeanpartners and Anish Vanraj Bafna. The company has 220 employees as of April 09, 2024. Radian Finserv offers products and services including Gold Loan, MSME Secured Loan, and MSME Unsecured Loan. Radian Finserv operates in a competitive market with competitors including Rupeek, indiagold, Orocorp Technologies, Yellow Metal and Augmont, among others.
- Headquarter Bengaluru, India
- Employees 220 as on 09 Apr, 2024
- Founders Sumit Sharma, Sanjiv Bhasin
- 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 Radian Finserv Private Limited
- Date of Incorporation 08 Sep, 2020
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$139.82 K (USD)526.61as on Mar 31, 2023
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Net Profit
$-460.14 K (USD)-272.3as on Mar 31, 2023
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EBITDA
$-533.77 K (USD)-291.12as on Mar 31, 2023
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Total Equity Funding
$417.3 K (USD)
in 1 rounds
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Latest Funding Round
$417.3 K (USD), Seed
Aug 20, 2024
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Investors
Napeanpartners
& 1 more
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Employee Count
220
as on Apr 09, 2024
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Products & Services of Radian Finserv
Radian Finserv offers a comprehensive portfolio of products and services, including Gold Loan, MSME Secured Loan, and MSME Unsecured Loan. 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.
Loan against gold collateral with competitive rates
Secured financing for MSME businesses
Unsecured loans for small enterprises
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Funding Insights of Radian Finserv
Radian Finserv has successfully raised a total of $417.3K through 1 strategic funding round. The most recent funding activity was a Seed round of $417.3 thousand 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $417,295
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First Round
First Round
(20 Aug 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Radian Finserv | Valuation | Napeanpartners |
| 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 Radian Finserv
Radian Finserv has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Napeanpartners and Anish Vanraj Bafna. 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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Founded Year | Domain | Location | |
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AV
Anish Vanraj Bafna |
Angel investor and entrepreneur, focusing on tech startups in India.
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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 Radian Finserv
| 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 - Radian Finserv
| 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 |
Radian Finserv Comparisons
Competitors of Radian Finserv
Radian Finserv 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 Rupeek, indiagold, Orocorp Technologies, Yellow Metal and Augmont, 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 |
An online marketplace for gold loans is facilitated.
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| domain | founded_year | HQ Location |
Gold loans are provided and digital gold purchases are facilitated.
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| domain | founded_year | HQ Location |
Alternative investment platform for gold assets
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| domain | founded_year | HQ Location |
Platform offering gold loans to rural residents, leveraging the household gold as collateral
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| domain | founded_year | HQ Location |
Alternative investments in digital gold and silver are facilitated.
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| domain | founded_year | HQ Location |
Doorstep gold loans are offered by the fintech platform.
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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 Radian Finserv
Frequently Asked Questions about Radian Finserv
When was Radian Finserv founded?
Radian Finserv was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Radian Finserv located?
Radian Finserv is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Radian Finserv?
Sumit Sharma is the current CEO of Radian Finserv. They have also founded this company.
Is Radian Finserv a funded company?
Radian Finserv is a funded company, having raised a total of $417.3K across 1 funding round to date. The company's 1st funding round was a Seed of $417.3K, raised on Aug 20, 2024.
How many employees does Radian Finserv have?
As of Apr 09, 2024, the latest employee count at Radian Finserv is 220.
What is the annual revenue of Radian Finserv?
Annual revenue of Radian Finserv is $139.82K as on Mar 31, 2023.
What does Radian Finserv do?
Radian Finserv was founded in 2020 in Bengaluru, India, operating in the financial services sector. Secured loans backed by gold and unsecured options for MSMEs are offered through online and in-person applications. Eligibility is evaluated based on collateral, income, and credit history, with flexible repayment plans including monthly interest or bullet payments. A transparent process is maintained, alongside swift approvals and secure gold storage for pledged collateral.
Who are the top competitors of Radian Finserv?
What products or services does Radian Finserv offer?
Radian Finserv offers Gold Loan, MSME Secured Loan, and MSME Unsecured Loan.
Who are Radian Finserv's investors?
Radian Finserv has 2 investors. Key investors include Napeanpartners, and Anish Vanraj Bafna.
What is Radian Finserv's valuation?
The valuation of Radian Finserv is $43.65M as of Aug 2024.