Xtracap Fintech

Gurugram, India Founded: 2017 • Age: 9 yrs Acquired By IIFL Fintech Fund
Small business loans are extended to enterprises by Xtracap Fintech.
Annual revenue $39,620 Latest available
Total funding $3.5M 3 rounds
Employees 45 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Xtracap Fintech India Private Limited
  • Date of Incorporation 25 May, 2017
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $39.62 K (USD)
    119.61
    as on Mar 31, 2023
  • Net Profit
    -$303.83 K (USD)
    -9.07
    as on Mar 31, 2023
  • EBITDA
    -$205.38 K (USD)
    -11.71
    as 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)

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Products & Services of Xtracap Fintech

Xtracap Fintech offers a comprehensive portfolio of products and services, including Xtracapneo and Bridge2Capital.

Product name locked
Category locked
Primary

App for Anchor Brands to analyze GST and onboard partners.

Product name locked
Category locked
Locked

App for Dealers to access short-term credit facilities.

People of Xtracap Fintech

Headcount 1-10
Employee Profiles 7
Employee Profiles
People
Nitin Verma
Co-Founder
People
Mohammed Riaz
Founder
People
Gopi Krishna
Co-Founder
People
Shilpy Singh
Senior Manager

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investments in fintech are targeted by IIFL Fintech Fund.
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-
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Asset and wealth management software is provided for businesses.
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Investor details for Xtracap Fintech

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Investments & Acquisitions by Xtracap Fintech

Investments
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Investment portfolio details for Xtracap Fintech

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Financial Statements - Xtracap Fintech

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Detailed financials for Xtracap Fintech

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Xtracap Fintech Comparisons

Xtracap Fintech Primary company
Description
Small business loans are extended to enterprises by Xtracap ...
Location
Gurugram, India
Founded Year
2017
Annual Revenue
$39.62 K (USD)
Net Profit
-$303.83 K (USD)
EBITDA
-$205.38 K (USD)
Employees
45
As of 2024
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Peer comparison for Xtracap Fintech

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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.

Company Name Domain Founded year HQ Location Description
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Digital loans are enabled for companies to offer.
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Offers comprehensive SME loan solutions to support business growth.
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Offers a lending-as-a-service platform for MSME loans to support business growth.
Locked Locked Locked
Financing solutions are provided to retail and small-medium enterprises.
Locked Locked Locked
SME loans for solar projects are financed and overseen.
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Detailed competitors of Xtracap Fintech

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Latest news on Xtracap Fintech

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Complete news archive for Xtracap Fintech

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Frequently Asked Questions about Xtracap Fintech

Xtracap Fintech was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Xtracap Fintech is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Mohammed Riaz is the current CEO of Xtracap Fintech.

Xtracap Fintech is a funded company, having raised a total of $3.52M across 3 funding rounds to date.

As of Apr 02, 2024, the latest employee count at Xtracap Fintech is 45.

Annual revenue of Xtracap Fintech is $39.62K as on Mar 31, 2023.

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.

Xtracap Fintech's top competitors include Apollo Finvest, Solfin and Starteck Finance.

Xtracap Fintech offers Xtracapneo and Bridge2Capital.

Xtracap Fintech has 4 investors. Key investors include 360 One, Kaizer Siraj, Iifl Open Fintech, and IIFL Fintech Fund.

The valuation of Xtracap Fintech is $6.22M as of Mar 2025.

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