
Eleven Point Two Fintech Private Limited
About Eleven Point Two Fintech Private Limited
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Eleven Point Two Fintech Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 05 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2021PTC368872.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors Rajesh Bhalchandra Dhume and Amol Anand Karmalkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 And 4 Workenstein Collaborative Space Pvt Ltd A K Estate Veersevarkar Flyover, Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.28 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹17.4 Lakh and EBITDA of -₹17.01 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 138% over three years.
The company is associated with 1 brand: Simply Car Loan. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.86 Cr; the latest was in March 2025.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Eleven Point Two Fintech
Contact details
Eleven Point Two Fintech Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address3 And 4 Workenstein Collaborative Space Pvt Ltd A K Estate Veersevarkar Flyover, Mumbai, Maharashtra, India – 400062
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Eleven Point Two Fintech operates one associated brand: Simply Car Loan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Simply Car Loan is a digital marketplace offering streamlined auto financing solutions for consumers. | carloana.com |
Business activity
The main business activity of Eleven Point Two Fintech is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Eleven Point Two Fintech Private Limited, buy the company report.
Financials of Eleven Point Two Fintech Private Limited
FY 2025 filings availableEleven Point Two Fintech Private Limited reported revenue of ₹2.28 Lakh (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 138%. EBITDA rose 66% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹17.01 Lakh | |||
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| Net Profit (PAT) | -₹17.4 Lakh | |||
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Financial Ratios
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To see the full financial statements and ratios of Eleven Point Two Fintech Private Limited, buy the company report.
Board of directors of Eleven Point Two Fintech Private Limited
Eleven Point Two Fintech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Anand Karmalkar Also directs: Dreamz Mynewcar India Private Limited | Additional Director | 24 Mar 2025 | 1 Years 7 Months | Current |
| Rajesh Bhalchandra Dhume Also directs: Harit Industries Limited | Director | 05 Oct 2021 | 5 Years 0 Months | Current |
Deals & funding
Eleven Point Two Fintech Private Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.86 Cr; the latest was in March 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Aug 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Aug 2023 | Funding round | ₹44.9 Lakh | Investors: 2 individuals |
To see the full deal history of Eleven Point Two Fintech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Eleven Point Two Fintech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Eleven Point Two Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Eleven Point Two Fintech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Eleven Point Two Fintech Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Dinesh Bhalchandra Dhume ceased to be Director on 25 Mar 2025.
Frequently asked questions
Eleven Point Two Fintech is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 05 October 2021 (5+ years old) and is registered under CIN U67100MH2021PTC368872.
Eleven Point Two Fintech has 2 current directors:
- Amol Anand Karmalkar - Additional Director
- Rajesh Bhalchandra Dhume - Director
The latest financial statements of Eleven Point Two Fintech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Eleven Point Two Fintech is U67100MH2021PTC368872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eleven Point Two Fintech was incorporated on 05 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Eleven Point Two Fintech has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.86 Cr; the latest was in March 2025.
Dinesh Bhalchandra Dhume ceased to be Director on 25 Mar 2025. Amol Anand Karmalkar was appointed as Additional Director on 24 Mar 2025. Rajesh Bhalchandra Dhume was appointed as Director on 05 Oct 2021.
Yes, Eleven Point Two Fintech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Eleven Point Two Fintech is at 3 And 4 Workenstein Collaborative Space Pvt Ltd A K Estate Veersevarkar Flyover, Mumbai, Maharashtra, India – 400062.
Eleven Point Two Fintech operates in the financial services industry, in the auxiliary to financial intermediatory segment.

