About Soptle
Soptle is a company based in Gurugram (India) founded in 2021 by Pravas Chandragiri. Soptle has raised $1.3 million across 2 funding rounds from investors including We Founder Circle, Kube VC and Iceland Venture Studio. The company has 1 employees as of April 09, 2024. Soptle operates in a competitive market with competitors including FlexiLoans, Bizongo, Clix Capital, InCred and Lendingkart, among others.
- Headquarter Gurugram, India
- Employees 1 as on 09 Apr, 2024
- Founders Pravas Chandragiri
- Stage Minicorn
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Fransisco Technology Private Limited
- Date of Incorporation 10 Nov, 2020
- Jurisdiction Industrial Complex Dundahera, Haryana, India
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Annual Revenue
Not available
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Net Profit
-$3.19 K (USD)-652.41as on Mar 31, 2022
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EBITDA
-$3.17 K (USD)-649.19as on Mar 31, 2022
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Total Equity Funding
$1.3 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
May 04, 2023
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Investors
We Founder Circle
& 21 more
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Employee Count
1
as on Apr 09, 2024
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Funding Insights of Soptle
Soptle has successfully raised a total of $1.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 2023. 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 Soptle
Soptle has secured backing from 22 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include We Founder Circle, Kube VC and Iceland Venture Studio.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on early-stage startups
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Investment in early-stage startups and global community support.
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Sector-agnostic startups are incubated and developed in Iceland.
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Investor details for Soptle
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Investments & Acquisitions by Soptle
Investment portfolio details for Soptle
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Financial Statements - Soptle
Detailed financials for Soptle
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Soptle Comparisons
Peer comparison for Soptle
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Competitors of Soptle
Soptle 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 FlexiLoans, Bizongo, Clix Capital, InCred and Lendingkart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Business loans and financial products for MSMEs are provided.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Lending platform for consumers and businesses is provided.
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Financial services are provided, specializing in personal and business loans.
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Provider of unsecured business loans and working capital financing to MSMEs
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Business loans are facilitated through an online debt marketplace.
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Detailed competitors of Soptle
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Latest news on Soptle
Complete news archive for Soptle
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Frequently Asked Questions about Soptle
Soptle was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Soptle is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Pravas Chandragiri is the current CEO of Soptle. They have also founded this company.
Soptle is a funded company, having raised a total of $1.3M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Soptle is 1.
Soptle was established in 2021 in Gurugram, India, within the financial technology sector. Financing options are delivered to small and medium enterprises through a model that integrates technology with efficient processes. Clients financial health and cash flow are supported via products such as term loans, lines of credit, and invoice financing. Operations focus on regions where SME needs are addressed with straightforward lending mechanisms.
Soptle's top competitors include InCred, FlexiLoans and Yubi.
Soptle has 22 investors. Key investors include We Founder Circle, Kube VC, Iceland Venture Studio, Ankur Agarwal, and Praveen Desai.
The valuation of Soptle is $2.49M as of Aug 2022.