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
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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 Xtracap Fintech India Private Limited
- Date of Incorporation 25 May, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$39.62 K (USD)119.61as on Mar 31, 2023
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Net Profit
-$303.83 K (USD)-9.07as on Mar 31, 2023
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EBITDA
-$205.38 K (USD)-11.71as on Mar 31, 2023
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Total Equity Funding
$3.52 M (USD)
in 3 rounds
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Latest Funding Round
$1.17 M (USD), Seed
Mar 26, 2025
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Investors
360 One
& 3 more
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Employee Count
45
as on Apr 02, 2024
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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.
App for Anchor Brands to analyze GST and onboard partners.
App for Dealers to access short-term credit facilities.
People of Xtracap Fintech
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.2M
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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 |
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| Aug, 2023 | Amount | Seed - Xtracap Fintech | Valuation | 360 One |
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| May, 2019 | Amount | Angel Round - Xtracap Fintech | Valuation | Kaizer Siraj |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments in fintech are targeted by IIFL Fintech Fund.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Asset and wealth management software is provided for businesses.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xtracap Fintech
Financial Statements - Xtracap Fintech
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital loans are enabled for companies to offer.
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| domain | founded_year | HQ Location |
Offers comprehensive SME loan solutions to support business growth.
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| domain | founded_year | HQ Location |
Offers a lending-as-a-service platform for MSME loans to support business growth.
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| domain | founded_year | HQ Location |
Financing solutions are provided to retail and small-medium enterprises.
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| domain | founded_year | HQ Location |
SME loans for solar projects are financed and overseen.
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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. The company's 1st funding round was a Angel Round of $1M, raised on May 24, 2019.
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.