About Samco Ventures
Samco Ventures is a Financial Services company based in Mumbai (India) by Jimeet Modi. Samco Ventures has raised $324.57 thousand across 1 funding round from investors including Om Procurment Project and Marudhar Mudra. Samco Ventures was last valued at $524.48 thousand in March 2007. Its chief executive is Jimeet Modi. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans.
Company details
Provider of a fintech company for individuals and institutions. It provides users with a company that offers a range of financial services, including online trading, demat accounts, and investment advisory services. Their platform provides access to various financial instruments, such as equities, commodities, and currencies.
- Headquarters Mumbai, India
- Founders Jimeet Modi
- SectorsFinancial Services
- Website samcoloan.com
- Social LinkedIn X Facebook
- Annual Revenue$37.43 K (USD)149as on Mar 31, 2024
- Net Profit$14.06 K (USD)2772as on Mar 31, 2024
- EBITDA$13.59 K (USD)2680as on Mar 31, 2024
- Total Equity Funding$324.57K (USD)
in 1 rounds
- Latest Funding Round$324.57K (USD), Unspecified
Mar 2007
Associated legal entities of Samco Ventures
Samco Ventures is associated with 2 registered companies on The Company Check. 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 |
|---|---|---|---|---|---|---|---|
| Samco Holdings And Finance Private Limited CIN U67120MH1992PTC068061 | Active | 07 Aug 1992 | Mumbai, Maharashtra | ₹0.3 Cr | – | 2 | View details |
| Samco Ventures Private Limited CIN U74999MH2015PTC262652 | Active | 12 Mar 2015 | Mumbai, Maharashtra | ₹112 Cr | – | 3 | View details |
Funding Insights of Samco Ventures
Samco Ventures has successfully raised a total of $324.57K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $324.57 thousand completed in March 2007. 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 $324,574
- Total Rounds 1
- Last Round Unspecified — $324,574
- First Round $324,574
(Mar 2007)
- Investors Count 2
All 1 funding rounds of Samco Ventures 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 |
|---|---|---|---|---|---|
| Mar 2007 | $324,574 | Unspecified | $524,482 | Om Procurment Project |
Last known valuation $524,482 (Mar 2007). 2 investors in total: 2 institutional.
Investors in Samco Ventures
Samco Ventures has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Om Procurment Project and Marudhar Mudra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | omprocurmentproject.tcc.mode | - | |
Wholesaler of variety goods | – | marudharmudra.tcc.mode | Mumbai, India |
Investor details for Samco Ventures
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 Samco Ventures
The boards of the 2 registered companies of Samco Ventures currently have 3 directors; the longest-serving is Jimeet Vipul Modi, appointed in 2013. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jimeet Vipul Modi DIN 05285416 | Director | 12 Sep 2013 | 13 yrs 1 mo | Samco Holdings And Finance Private Limited, Samco Ventures Private Limited |
| Mahesh Prabhulal Morbia DIN 01713400 | Director | 12 Sep 2013 | 13 yrs 1 mo | Samco Holdings And Finance Private Limited |
| Vipul Jayantilal Modi DIN 00796116 | Director | 12 Mar 2015 | 11 yrs 7 mo | Samco Ventures Private Limited |
People of Samco Ventures
1 people are tracked at Samco Ventures (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Samco Ventures
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 Samco Ventures
Figures of Samco Holdings And Finance Private Limited, the primary company behind Samco Ventures, for FY 2025. Revenue was ₹25.8 Lakh (-17% year on year). Net loss was -₹83,148 (-3% margin). EBITDA was ₹2.1 Lakh (8% margin). Revenue has grown at a compounded annual rate of +67% over three years and -13% over five years.
- ₹25.8 LakhRevenue · FY 2025 · -17% YoY
- -₹83,148Net loss · -3% margin
- ₹2.1 LakhEBITDA · 8% margin
- ₹1.74 CrPaid-up capital
- +67%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Samco Holdings And Finance Private Limited are on its company page.
Detailed financial statements for Samco Ventures
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.
Top companies in Alternative Lending
10 companies that operate in the same segment as Samco Ventures (Alternative Lending), 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 | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Samco Ventures
Samco Ventures is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Jimeet Modi is the current CEO of Samco Ventures. They have also founded this company.
Samco Ventures is a funded company, having raised a total of $324.57K across 1 funding round to date. The company's 1st funding round was a Unspecified of $324.57K, raised on Mar 2007.
Annual revenue of Samco Ventures is $37.43K as on Mar 31, 2024.
Provider of a fintech company for individuals and institutions. It provides users with a company that offers a range of financial services, including online trading, demat accounts, and investment advisory services. Their platform provides access to various financial instruments, such as equities, commodities, and currencies.
Samco Ventures has 2 investors. Key investors include Om Procurment Project, and Marudhar Mudra.
The valuation of Samco Ventures is $524.48K as of Mar 2007.
Samco Ventures is associated with 2 legal entities: Samco Holdings And Finance Private Limited, Samco Ventures Private Limited.
The legal entities of Samco Ventures currently have 4 directors, including Jimeet Vipul Modi, Mahesh Prabhulal Morbia, Rachana Vinu Nair and others.