About Rumi Labs
Rumi Labs is a Technology company based in Bengaluru (India) founded in 2017 by Makarand Mone. It operates as a front-office trading solutions are provided for capital market investors. Rumi Labs has raised $4.7 million across 1 funding round from investors including a16z crypto and Escape Velocity. Its Indian entity Rumination Labs Private Limited reported revenue of ₹44.1 Lakh. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its competitors include Redline Trading, Great Wisdom, Greeksoft, Folionet and C8 Technologies and 1 more; 1 of its 6 listed competitors has raised funding.
Company details
Rumi Labs was established in 2017 in Bengaluru, India, as a provider of front-office trading solutions targeted at capital market investors. Operations center on financial technology tools that facilitate trading processes in the capital markets sector. Services include software for investor workflows, with leadership from Founder and CTO Makarand Mone. The focus remains on supporting efficient trading activities across relevant geographies.
- Headquarters Bengaluru, India
- Founders Makarand Mone
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website rumilabs.io
- Social LinkedIn X Facebook
- Legal Name Rumination Labs Private Limited
- Date of Incorporation 18 May, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹44.1 Lakh
FY 2022 · -13% YoY
- Net Loss-₹50.5 Lakh
FY 2022 · -114% margin
- EBITDA-₹46.2 Lakh
FY 2022 · -105% margin
- Total Equity Funding$4.7M (USD)
in 1 rounds
- Latest Funding Round$4.7M (USD), Seed
May 2025
- Investorsa16z crypto
& 1 more
Associated legal entities of Rumi Labs
Rumi Labs operates through Rumination Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rumination Labs Private Limited CIN U74999MH2017PTC295041 | Active | 18 May 2017 | Mumbai, Maharashtra | ₹0.4 Cr | – | 2 | View details |
Funding Insights of Rumi Labs
Rumi Labs has successfully raised a total of $4.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.7 million completed in May 2025. 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 $4.7M
- Total Rounds 1
- Last Round Seed — $4.7M
- First Round $4.7M
(May 2025)
- Investors Count 2
All 1 funding rounds of Rumi Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $4.7M | Seed | – | A16z Crypto, Escape Velocity | – |
2 investors in total: 2 institutional.
Investors in Rumi Labs
Rumi Labs has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include a16z crypto and Escape Velocity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage blockchain companies are funded by this venture capital entity. | – | ev3.xyz | New York, United States | |
Venture capital investments in crypto and web3 startups. | – | a16zcrypto.com | - |
Investor details for Rumi Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Rumination Labs Private Limited (Rumi Labs)
Rumination Labs Private Limited is the primary company behind Rumi Labs. The board of Rumination Labs Private Limited currently have 2 directors; the longest-serving is Anannya Mone Makarand, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anannya Mone Makarand DIN 07808200 | Director | 18 May 2017 | 9 yrs 5 mo | Rumination Labs Private Limited |
| Dinesh DIN 09741248 | Additional Director | 06 Jan 2023 | 3 yrs 9 mo | Rumination Labs Private Limited |
People of Rumi Labs
1 people are tracked at Rumi Labs (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CTO | Leadership |
Complete people profiles for Rumi Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Rumi Labs
Figures of Rumination Labs Private Limited, the primary company behind Rumi Labs, for FY 2022. Revenue was ₹44.1 Lakh (-13% year on year). Net loss was -₹50.5 Lakh (-114% margin). EBITDA was -₹46.2 Lakh (-105% margin). Revenue has grown at a compounded annual rate of +106% over three years.
- ₹44.1 LakhRevenue · FY 2022 · -13% YoY
- -₹50.5 LakhNet loss · -114% margin
- -₹46.2 LakhEBITDA · -105% margin
- ₹1 LakhPaid-up capital
- +106%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rumination Labs Private Limited are on its company page.
Detailed financial statements for Rumi Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Rumi Labs
2 dated milestones of Rumi Labs across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Rumi Labs is founded.
- Funding First funding round of $4.7M.
Competitors of Rumi Labs
Rumi Labs has 6 listed competitors in our database, 1 of them funded. They include Redline Trading, Great Wisdom, Greeksoft, Folionet and C8 Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redlinetrading.com | 2008 | Woburn, United States | $12.45M | – | Trading solutions for equities, options, and futures markets are developed. | |
| gw.com.cn | 2000 | Shanghai, China | – | – | Software solutions for stock trading and market analysis are provided. | |
| greeksoft.co.in | 1997 | Mumbai, India | – | – | Specializes in front-end trading solutions, algorithm development, and consulting services. | |
| folionet.com | 2014 | Miami, United States | – | – | Online platform for trading stocks, ETFs, and bonds with advisor support. | |
| c8-technologies.com | 2017 | London, United Kingdom | – | – | Trading solutions and platforms are provided for financial institutions. | |
| hyglobal.com.cn | 2010 | Wuhan, China | – | – | Provides an online platform for investment trading, enabling users to buy and sell assets. |
Detailed competitors of Rumi Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Rumi Labs
The website of Rumi Labs (rumilabs.io) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 50.8% vs previous month
Top companies in Investment & Financial Technology
10 companies that operate in the same segment as Rumi Labs (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | 602 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | 674 | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | 1,524 |
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Frequently Asked Questions about Rumi Labs
Rumi Labs was founded in 2017 and raised its 1st funding round 8 years after it was founded.
Rumi Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rumi Labs is a funded company, having raised a total of $4.7M across 1 funding round to date. The company's 1st funding round was a Seed of $4.7M, raised on May 2025.
The primary company behind Rumi Labs, Rumination Labs Private Limited, reported revenue of ₹44.1 Lakh for FY 2022, down 13% year on year.
Rumi Labs was established in 2017 in Bengaluru, India, as a provider of front-office trading solutions targeted at capital market investors. Operations center on financial technology tools that facilitate trading processes in the capital markets sector. Services include software for investor workflows, with leadership from Founder and CTO Makarand Mone. The focus remains on supporting efficient trading activities across relevant geographies.
Rumi Labs's top competitors include Greeksoft, Redline Trading and Great Wisdom.
Rumi Labs has 2 investors. Key investors include a16z crypto, and Escape Velocity.
Rumi Labs operates through Rumination Labs Private Limited.
The legal entities of Rumi Labs currently have 2 directors, including Anannya Mone Makarand, Dinesh.