About SBNRI
SBNRI is a company based in Gurugram (India) founded in 2020 by Mudit Vijayvergiya. It operates as a Professional Services and Commission-Based. SBNRI has raised $2.51 million across 4 funding rounds from investors including Angel List, Wellfound and Quona. SBNRI offers products and services including NRI Investments, NRI Banking, and Tax Advisory.
- Annual Revenue₹3.46 Cr
FY 2025 · -7% YoY
- Net Loss-₹5.73 Cr
FY 2025 · -166% margin
- EBITDA-₹5.72 Cr
FY 2025 · -166% margin
- Total Equity Funding$2.51M (USD)
in 4 rounds
- Latest Funding Round$119.61K (USD), Angel Round
Apr 2024
- InvestorsAngel List
& 19 more
Associated legal entities of SBNRI
SBNRI operates through Sbnri Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sbnri Technologies Private Limited CIN U74999DL2020PTC360562 | Active | 21 Jan 2020 | New Delhi, Delhi | ₹3.5 Cr | 19 | 2 | View details |
Products & Services of SBNRI
SBNRI offers a comprehensive portfolio of products and services, including NRI Investments, NRI Banking, and Tax Advisory.
Investment options for NRIs in Indian markets provided.
Banking solutions for NRIs in India are offered.
Tax filing and consultation for NRIs are facilitated.
Apps and channels of SBNRI
SBNRI publishes 2 mobile apps with over 100K+ downloads; its YouTube channel SBNRI: One Stop Platform for NRIs & OCIs has 20.7K subscribers and 30 videos.
Videos from SBNRI
The most watched videos on SBNRI's YouTube channel, SBNRI: One Stop Platform for NRIs & OCIs (20.7K subscribers). Click a video to play it here.
Funding Insights of SBNRI
SBNRI has successfully raised a total of $2.51M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $119.61 thousand completed in April 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 $2.51M
- Total Rounds 4
- Last Round Angel Round — $119,613
- First Round $134,937
(May 2020)
- Investors Count 20
All 4 funding rounds of SBNRI 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 |
|---|---|---|---|---|---|
| Apr 2024 | $119,613 | Angel Round | $11.4M | Anoop Gupta, Ashish Gupta | – |
| Oct 2023 | $999,486 | Seed | $11.22M | Quona, Firstport Capital | |
| Oct 2021 | $1.26M | Seed | $••••• | Wellfound, AngelList | |
| May 2020 | $134,937 | Seed | $••••• | Angel List, AngelList |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2024 | $11.4M | •••••••• |
| Oct 2023 | $11.22M | •••••••• |
| Oct 2021 | $••••• | •••••••• |
| May 2020 | $••••• | •••••••• |
Full valuation and stage history of SBNRI
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $11.4M (Apr 2024). 20 investors in total: 13 institutional and 7 angel.
Investors in SBNRI
SBNRI has secured backing from 20 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Quona.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fintech investments focused on financial inclusion and global economic growth. | 2015 | quona.com | - | |
Venture capital investment in tech-startups | – | firstportcapital.tcc.mode | Gurugram, India | |
Diversified investment management firm | 2005 | patniadvisors.com | Mumbai, India | |
Angel investing and mentorship for early-stage startups in India. | 2022 | realtimeaf.com | Jaipur, India | |
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Avaana Capital is engaged in venture capital investments for deep tech startups. | – | avaanacapital.com | Mumbai, India | |
Investments are made in early-stage tech startups across sectors. | – | ipventures.in | Gurugram, India | |
Private equity fund, investment holding & business conglomerate company | – | sab-holding.com | Jeddah, Saudi Arabia | |
Early-stage companies are invested in by Better Capital. | – | bettercapital.vc | Santa Clara, United States | |
Venture capital firm backing startups in Fintech and Consumer Tech sectors. | 2017 | gembacapital.in | Bengaluru, India |
Investor details for SBNRI
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 Sbnri Technologies Private Limited (SBNRI)
Sbnri Technologies Private Limited is the primary company behind SBNRI. The board of Sbnri Technologies Private Limited currently have 2 directors; the longest-serving is Ravi Prakash Malani, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Prakash Malani DIN 08674298 | Director | 21 Jan 2020 | 6 yrs 8 mo | Sbnri Technologies Private Limited |
| Mudit Vijayvergiya DIN 05329878 | Director | 21 Jan 2020 | 6 yrs 8 mo | Sbnri Technologies Private Limited |
People of SBNRI
2 people are tracked at SBNRI (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Bir Dhawan | Senior relationship manager | Team |
Complete people profiles for SBNRI
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 SBNRI
Figures of Sbnri Technologies Private Limited, the primary company behind SBNRI, for FY 2025. Revenue was ₹3.46 Cr (-7% year on year). Net loss was -₹5.73 Cr (-166% margin). EBITDA was -₹5.72 Cr (-166% margin). Revenue has grown at a compounded annual rate of +127% over three years.
- ₹3.46 CrRevenue · FY 2025 · -7% YoY
- -₹5.73 CrNet loss · -166% margin
- -₹5.72 CrEBITDA · -166% margin
- ₹1.6 LakhPaid-up capital
- 19Employees (provident fund records)
- +127%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Sbnri Technologies Private Limited are on its company page.
Detailed financial statements for SBNRI
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 SBNRI
4 dated milestones of SBNRI across 4 years, from founding to its latest funding, stage changes and deals.
- Founded SBNRI is founded.
- Funding First funding round of $135K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $120K.
Web traffic of SBNRI
The website of SBNRI (sbnri.com) receives about 133.2K visits a month.
- Monthly visits133.2K
▼ 8.7% vs previous month
Websites whose visitors overlap most with SBNRI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| compareremit.com | 100% | – | #624,194 | View details | |
| bulkpe.in | 100% | 49.3K | #639,710 | View details | |
| bfil.co.in | 100% | 90.1K | #348,051 | View details | |
| cugl.co.in | 100% | 26.6K | #906,864 | View details | |
| mobisafar.com | 100% | 620.4K | #82,320 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SBNRI
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Sbnri
Complete news archive for SBNRI
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.
Similar companies to SBNRI
10 companies that operate in the same segment as SBNRI (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about SBNRI
SBNRI was founded in 2020.
SBNRI is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
SBNRI is a funded company, having raised a total of $2.51M across 4 funding rounds to date. The company's 1st funding round was a Seed of $134.94K, raised on May 2020.
The primary company behind SBNRI, Sbnri Technologies Private Limited, reported revenue of ₹3.46 Cr for FY 2025, down 7% year on year.
SBNRI is focused on delivering financial solutions tailored for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). Services including investments, banking, and tax advisory are offered to facilitate wealth growth in India. Multiple asset classes such as mutual funds, digital gold, and portfolio management are covered. Support for taxation, repatriation, and account management is provided. The platform serves clients from over 30 countries, ensuring compliance and ease of transition for NRI-related financial needs.
SBNRI offers NRI Investments, NRI Banking, and Tax Advisory.
SBNRI has 20 investors. Key investors include Angel List, Wellfound, Quona, Gemba Capital, and Patni Financial Advisors.
The valuation of SBNRI is $11.4M as of Apr 2024.
SBNRI operates through Sbnri Technologies Private Limited.
The legal entities of SBNRI currently have 2 directors, including Ravi Prakash Malani, Mudit Vijayvergiya.
Yes. SBNRI publishes SBNRI:Mutual Fund, NRI Account and 1 more app, with over 100,000 downloads.
The website of SBNRI receives about 133 thousand visits a month.