About UpMove
UpMove is a Financial Services company based in Bengaluru (India) founded in 2018. Capital loans for small and medium enterprises are provided. The company has 55 employees. Its website upmove.in draws about 13 thousand monthly visits. Its Indian entity Upmove Capital Private Limited reported revenue of ₹264 Cr. UpMove offers products and services including Personal Loans and Digital Loan Applications. Its focus areas include Consumer and SME Loans, Consumer Loans and Diversified. Its competitors include Manappuram Finance, IIFL Finance and L & T Finance Holdings; 1 of its 3 listed competitors has raised funding.
Company details
UpMove was founded in 2018 in Bengaluru, India, within the financial services sector. Capital loans targeted at small and medium-sized enterprises (SMEs) are offered, alongside a selection of other financial products. Personal loans are extended primarily to underserved customers. Operations are conducted through the domain upmove.in, with a focus on the Indian market.
- Headquarters Bengaluru, India
- Employees 55
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website upmove.in
- Legal Name Upmove Capital Private Limited
- Date of Incorporation 28 May, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹264 Cr
FY 2025 · +48% YoY
- Net Profit₹8.76 Cr
FY 2025 · 3% margin
- EBITDA₹40.81 Cr
FY 2025 · 15% margin
- Investors
- Employee Count55
Associated legal entities of UpMove
UpMove is associated with 2 registered companies on The Company Check; the primary company is Upmove Capital Private Limited. 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 |
|---|---|---|---|---|---|---|---|
| Upmove Capital Private Limited CIN U65999KA2018PTC113488 | Active | 28 May 2018 | Bangalore, Karnataka | ₹264 Cr | 55 | 4 | View details |
| Smartcoin Financials Private Limited CIN U67110KA2015PTC084272 | Active | 23 Nov 2015 | Bangalore, Karnataka | ₹355 Cr | 15 | 5 | View details |
Products & Services of UpMove
UpMove offers a comprehensive portfolio of products and services, including Personal Loans and Digital Loan Applications.
Provides unsecured loans with fast approval and minimal documentation
Facilitates loan submissions via email and partners for quick processing
Funding Insights of UpMove
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of UpMove 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 |
|---|---|---|---|---|---|
| Dec 2022 | Debt – Venture | – | – |
1 investors in total: 1 institutional.
Investors in UpMove
UpMove has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BlackSoil.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private debt is provided to growth-stage companies by BlackSoil. | 2010 | blacksoil.co.in | Mumbai, India |
Investor details for UpMove
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 Upmove Capital Private Limited (UpMove)
Upmove Capital Private Limited is the primary company behind UpMove. The boards of the 2 registered companies of UpMove currently have 5 directors; the longest-serving is Vinay Kumar Singh, appointed in 2015. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinay Kumar Singh DIN 07305686 | Director | 23 Nov 2015 | 10 yrs 11 mo | Smartcoin Financials Private Limited |
| Jayant Upadhyay DIN 07490882 | Director | 13 Apr 2016 | 10 yrs 6 mo | Smartcoin Financials Private Limited, Upmove Capital Private Limited |
| Amit Chandel DIN 03598861 | Director | 12 Jan 2017 | 9 yrs 9 mo | Smartcoin Financials Private Limited |
| Rohit Garg DIN 07680265 | Director | 12 Jan 2017 | 9 yrs 9 mo | Smartcoin Financials Private Limited, Upmove Capital Private Limited |
| Archana Priyadarshini DIN 03619257 | Director | 28 May 2018 | 8 yrs 5 mo | Upmove Capital Private Limited |
Financials of UpMove
Figures of Upmove Capital Private Limited, the primary company behind UpMove, for FY 2025. Revenue was ₹264 Cr (+48% year on year). Net profit was ₹8.76 Cr (3% margin). EBITDA was ₹40.81 Cr (15% margin). Revenue has grown at a compounded annual rate of +130% over three years and +354% over five years.
- ₹264 CrRevenue · FY 2025 · +48% YoY
- ₹8.76 CrNet profit · 3% margin
- ₹40.81 CrEBITDA · 15% margin
- ₹3.11 CrPaid-up capital
- 55Employees (provident fund records)
- +130%Revenue CAGR, 3 years
- +354%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Upmove Capital Private Limited are on its company page.
Detailed financial statements for UpMove
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 UpMove
2 dated milestones of UpMove across 4 years, from founding to its latest funding, stage changes and deals.
- Founded UpMove is founded.
- Funding First funding round.
Competitors of UpMove
UpMove has 3 listed competitors in our database, 1 of them funded. They include Manappuram Finance, IIFL Finance and L & T Finance Holdings.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. | ||
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. |
Detailed competitors of UpMove
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 UpMove
The website of UpMove (upmove.in) receives about 12.8K visits a month.
- Monthly visits12.8K
▲ 55.4% vs previous month
Top companies in Consumer and SME Loans
3 companies that operate in the same segment as UpMove (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Frequently Asked Questions about UpMove
UpMove was founded in 2018 and raised its 1st funding round 4 years after it was founded.
UpMove is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
UpMove has 55 employees.
The primary company behind UpMove, Upmove Capital Private Limited, reported revenue of ₹264 Cr for FY 2025, up 48% year on year.
UpMove was founded in 2018 in Bengaluru, India, within the financial services sector. Capital loans targeted at small and medium-sized enterprises (SMEs) are offered, alongside a selection of other financial products. Personal loans are extended primarily to underserved customers. Operations are conducted through the domain upmove.in, with a focus on the Indian market.
UpMove's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
UpMove offers Personal Loans and Digital Loan Applications.
UpMove has 1 investor. Key investors include BlackSoil.
UpMove is associated with 2 legal entities: Upmove Capital Private Limited, Smartcoin Financials Private Limited.
The legal entities of UpMove currently have 6 directors, including Amit Chandel, Vinay Kumar Singh, Jayant Upadhyay and others.