About Xtracap Fintech
Xtracap Fintech is a company based in Gurugram (India) founded in 2017 by Raghunandan K Bharadwaj, GopiKrishana Udandarao, and Nitin Verma was acquired by IIFL Fintech Fund in September 2025.. Xtracap Fintech has raised $3.52 million across 3 funding rounds from investors including 360 One, Kaizer Siraj and Iifl Open Fintech. The company has 45 employees as of April 02, 2024. Xtracap Fintech offers products and services including Xtracapneo and Bridge2Capital. Xtracap Fintech operates in a competitive market with competitors including Apollo Finvest, Globe Fincap, TezzCapital, Starteck Finance and Solfin, among others.
- Headquarter Gurugram, India
- Employees 45 as on 02 Apr, 2024
- Founders Raghunandan K Bharadwaj, GopiKrishana Udandarao, Nitin Verma
- Stage Minicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Xtracap Fintech India Private Limited
- Date of Incorporation 25 May, 2017
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$39.62 K (USD)119.61as on Mar 31, 2023
-
Net Profit
$-303.83 K (USD)-9.07as on Mar 31, 2023
-
EBITDA
$-205.38 K (USD)-11.71as on Mar 31, 2023
-
Total Equity Funding
$3.52 M (USD)
in 3 rounds
-
Latest Funding Round
$1.17 M (USD), Seed
Mar 26, 2025
-
Investors
360 One
& 3 more
-
Employee Count
45
as on Apr 02, 2024
-
Acquired by
IIFL Fintech Fund
(Sep 13, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Xtracap Fintech
Xtracap Fintech offers a comprehensive portfolio of products and services, including Xtracapneo and Bridge2Capital. 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.
App for Anchor Brands to analyze GST and onboard partners.
App for Dealers to access short-term credit facilities.
Unlock access to complete
Unlock access to complete
Funding Insights of Xtracap Fintech
Xtracap Fintech has successfully raised a total of $3.52M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.17 million completed in March 2025. 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 Seed — $1.2M
-
First Round
First Round
(24 May 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Xtracap Fintech | Valuation | Iifl Open Fintech |
|
| Aug, 2023 | Amount | Seed - Xtracap Fintech | Valuation | 360 One |
|
| May, 2019 | Amount | Angel Round - Xtracap Fintech | Valuation | Kaizer Siraj |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Xtracap Fintech
Xtracap Fintech has secured backing from 4 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include 360 One, Kaizer Siraj and Iifl Open Fintech. 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 |
|---|---|---|---|---|
|
Early-stage investments in fintech are targeted by IIFL Fintech Fund.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Asset and wealth management software is provided for businesses.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Xtracap Fintech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Xtracap Fintech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xtracap Fintech Comparisons
Competitors of Xtracap Fintech
Xtracap Fintech 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 Apollo Finvest, Globe Fincap, TezzCapital, Starteck Finance and Solfin, 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 |
Digital loans are enabled for companies to offer.
|
|
| domain | founded_year | HQ Location |
Offers comprehensive SME loan solutions to support business growth.
|
|
| domain | founded_year | HQ Location |
Offers a lending-as-a-service platform for MSME loans to support business growth.
|
|
| domain | founded_year | HQ Location |
Financing solutions are provided to retail and small-medium enterprises.
|
|
| domain | founded_year | HQ Location |
SME loans for solar projects are financed and overseen.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Xtracap Fintech
Frequently Asked Questions about Xtracap Fintech
When was Xtracap Fintech founded?
Xtracap Fintech was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Xtracap Fintech located?
Xtracap Fintech is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Xtracap Fintech?
Mohammed Riaz is the current CEO of Xtracap Fintech.
Is Xtracap Fintech a funded company?
Xtracap Fintech is a funded company, having raised a total of $3.52M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on May 24, 2019.
How many employees does Xtracap Fintech have?
As of Apr 02, 2024, the latest employee count at Xtracap Fintech is 45.
What is the annual revenue of Xtracap Fintech?
Annual revenue of Xtracap Fintech is $39.62K as on Mar 31, 2023.
What does Xtracap Fintech do?
Xtracap Fintech was established in 2017 and is based in Gurugram, India. Small business loans are provided through its fintech operations in the financial services sector. Credit risk and operations are handled by designated leaders, with technology infrastructure overseen by the CTO. Services target small enterprises across India, supported by a team of co-founders including Raghunandan K Bharadwaj and GopiKrishna Udandarao. The domain xtracapindia.com is utilized for online activities.
Who are the top competitors of Xtracap Fintech?
Xtracap Fintech's top competitors include Apollo Finvest, Solfin and Starteck Finance.
What products or services does Xtracap Fintech offer?
Xtracap Fintech offers Xtracapneo and Bridge2Capital.
Who are Xtracap Fintech's investors?
Xtracap Fintech has 4 investors. Key investors include 360 One, Kaizer Siraj, Iifl Open Fintech, and IIFL Fintech Fund.
What is Xtracap Fintech's valuation?
The valuation of Xtracap Fintech is $6.22M as of Mar 2025.