About Veefin
Veefin is a company based in Mumbai (India) founded in 2020 by Raja Debnath and Gautam Udani. Veefin has raised $3 million across 2 funding rounds from investors including Rajesh Rajendran. The company has 255 employees as of March 31, 2024. Veefin has completed 2 acquisitions, including TradeAssets and ezee.ai. Veefin offers products and services including Loan Origination System, Loan Management System, SCF LMS, Embedded Finance Stack, and Collections Management System. Veefin operates in a competitive market with competitors including Vayana, CreditNirvana, FinBox, CredAble and Linedata, among others.
- Headquarter Mumbai, India
- Employees 255 as on 31 Mar, 2024
- Founders Raja Debnath, Gautam Udani
- Stage Public
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Sectors
Financial ServicesTechnology
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Phone
Locked
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Website
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Social
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- Legal Name Veefin Solutions Ltd.
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Annual Revenue
$9.2 M (USD)214.74as on Mar 31, 2025
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Net Profit
$1.57 M (USD)80.83as on Mar 31, 2025
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EBITDA
$3 M (USD)135.02as on Mar 31, 2025
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Total Equity Funding
$3 M (USD)
in 2 rounds
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Latest Funding Round
$16.01 M (USD), Post-IPO
Dec 19, 2024
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Investors
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Employee Count
255
as on Mar 31, 2024
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Investments & Acquisitions
TradeAssets
& 1 more
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IPO & Listings of Veefin
Veefin is a publicly listed company on the BSE with ticker symbol VEEFIN in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Veefin
Veefin offers a comprehensive portfolio of products and services, including Loan Origination System, Loan Management System, SCF LMS, Embedded Finance Stack, and Collections Management System.
Automates loan application and approval processes for financial institutions.
Manages loan tracking and repayments to streamline financial operations.
Handles invoice financing and transaction management for businesses.
Integrates lending tools into existing systems for enhanced functionality.
Automates delinquency strategies and notifications for loan recovery.
People of Veefin
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Funding Insights of Veefin
Veefin has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $16.01 million completed in December 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.
Investors in Veefin
Veefin has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Rajesh Rajendran.
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Rajesh Rajendran |
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Investor details for Veefin
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Investments & Acquisitions by Veefin
Veefin has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include TradeAssets and ezee.ai.
Investment portfolio details for Veefin
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Trade financing is enabled through an online marketplace platform.
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AI-based digital lending and debt collection solutions are provided.
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Complete acquisition details for Veefin
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Financial Statements - Veefin
Detailed financials for Veefin
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Veefin Comparisons
Peer comparison for Veefin
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Competitors of Veefin
Veefin 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 Vayana, CreditNirvana, FinBox, CredAble and Linedata, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform for trade credit and supply chain finance is provided.
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AI/ML-driven debt management platform is offered for financial institutions.
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Developer of digital credit infrastructure and risk intelligence suite
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Provider of working capital and supply chain finance solutions for businesses
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Software, data, analytics, and services are provided to financial institutions.
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Detailed competitors of Veefin
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Latest news on Veefin
Complete news archive for Veefin
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- Brand-specific news history
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Frequently Asked Questions about Veefin
Veefin was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Veefin is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Shantanu Bairagi is the current CEO of Veefin.
Veefin is a funded company, having raised a total of $3M across 2 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Veefin is 255.
Annual revenue of Veefin is $9.2M as on Mar 31, 2025.
Veefin was founded in 2020 in Mumbai, India, as a provider of SaaS platforms focused on supply chain finance. White-labeled technology is offered to financial institutions, fintech firms, B2B marketplaces, and corporates worldwide. Services include anchor, vendor, and dealer onboarding, along with credit underwriting and transaction management for various SCF products. Operations emphasize full-stack solutions in the fintech sector.
Veefin's top competitors include CredAble, CreditNirvana and Vayana.
Veefin offers Loan Origination System, Loan Management System, SCF LMS, Embedded Finance Stack, and Collections Management System.
Yes, Veefin is publicly traded on BSE under the ticker symbol VEEFIN.
Veefin has made 2 acquisitions, including TradeAssets, and ezee.ai.
Veefin has 1 investor. Key investors include Rajesh Rajendran.
The ticker symbol of Veefin is VEEFIN on BSE.