About Wishfin
Wishfin is a company based in Noida (India) by Puru Vashishtha and Rishi Mehra.. Wishfin has raised $16.69 million across 3 funding rounds from investors including Venture Highway VC, Franklin Templeton India and Sherpalo Ventures. The company has 779 employees as of April 07, 2024. Wishfin has completed 1 acquisition, including Ladders. Wishfin offers products and services including CIBIL Score Checker, Loan Application Platform, and EMI Calculator. Wishfin operates in a competitive market with competitors including BankBazaar, Paisa Bazaar, Apnapaisa, LetsMD and FinMarket, among others.
- Headquarter Noida, India
- Employees 779 as on 07 Apr, 2024
- Founders Puru Vashishtha, Rishi Mehra
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mywish Marketplaces Private Limited
- Date of Incorporation 06 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$5.65 M (USD)120.88as on Mar 31, 2023
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Net Profit
$199.74 K (USD)117.37as on Mar 31, 2023
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EBITDA
$361.7 K (USD)137.27as on Mar 31, 2023
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Total Equity Funding
$16.69 M (USD)
in 3 rounds
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Latest Funding Round
$15.09 M (USD), Series A
Jul 15, 2016
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Investors
Venture Highway VC
& 5 more
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Employee Count
779
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of Wishfin
Wishfin offers a comprehensive portfolio of products and services, including CIBIL Score Checker, Loan Application Platform, and EMI Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for free checking and monitoring of credit scores online.
Platform to compare and apply for various loans quickly.
Calculator for estimating loan EMIs and repayment schedules.
Unlock access to complete
Funding Insights of Wishfin
Wishfin has successfully raised a total of $16.69M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15.09 million completed in July 2016. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $15.1M
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First Round
First Round
(30 Dec 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Series A - Wishfin | Valuation | Franklin Templeton India | |
| Apr, 2016 | Amount | Seed - Wishfin | Valuation | Ram Shriram , Neeraj Arora |
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| Dec, 2015 | Amount | Seed - Wishfin | Valuation | Sherpalo Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wishfin
Wishfin has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Venture Highway VC, Franklin Templeton India and Sherpalo Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investment in technology sectors is conducted by Sherpalo Ventures.
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Founded Year | Domain | Location | |
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Founded Year | Domain | Location | |
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Diversified investment management services are offered in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wishfin
Wishfin has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ladders. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Branding, digital marketing, and event management services are offered.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wishfin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wishfin Comparisons
Competitors of Wishfin
Wishfin 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 BankBazaar, Paisa Bazaar, Apnapaisa, LetsMD and FinMarket, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products, loans, and credit scores are aggregated and compared.
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| domain | founded_year | HQ Location |
Online loan comparison platform
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| domain | founded_year | HQ Location |
Loans and credit cards are compared online in India.
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| domain | founded_year | HQ Location |
Platform offering medical financing solutions
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| domain | founded_year | HQ Location |
Online platform for comparing and applying various loans from banks.
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| domain | founded_year | HQ Location |
Financial products including loans and credit cards are compared online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wishfin
Frequently Asked Questions about Wishfin
Where is Wishfin located?
Wishfin is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Wishfin?
Rishi Mehra is the current CEO of Wishfin. They have also founded this company.
Is Wishfin a funded company?
Wishfin is a funded company, having raised a total of $16.69M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Dec 30, 2015.
How many employees does Wishfin have?
As of Apr 07, 2024, the latest employee count at Wishfin is 779.
What is the annual revenue of Wishfin?
Annual revenue of Wishfin is $5.65M as on Mar 31, 2023.
What does Wishfin do?
Financial products from banks and institutions are accessed via Wishfin, an online platform based in Noida, India. Credit scores are checked by users, while loan and credit card options are compared before applications are submitted. Tools including EMI calculators for personal and home loans are provided to support financial planning within the fintech sector. Operations focus on streamlining access to these services for individuals.
Who are the top competitors of Wishfin?
Wishfin's top competitors include BankBazaar, Paisa Bazaar and Apnapaisa.
What products or services does Wishfin offer?
Wishfin offers CIBIL Score Checker, Loan Application Platform, and EMI Calculator.
How many acquisitions has Wishfin made?
Wishfin has made 1 acquisition, including Ladders.
Who are Wishfin's investors?
Wishfin has 6 investors. Key investors include Venture Highway VC, Franklin Templeton India, Sherpalo Ventures, Ram Shriram, and Neeraj Arora.
What is Wishfin's valuation?
The valuation of Wishfin is $100.63M as of Jul 2016.