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Finfactor Technologies Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.02 Cr
▲ 210% YoY
Net loss · FY 2025
₹10.82 Cr
Net margin -179.8%
EBITDA · FY 2025
-₹10.35 Cr
EBITDA margin -171.9%
Authorised capital
₹26 Lakh
Registered with MCA
Paid-up capital
₹17.2 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
20
Provident fund records
Directors on board
5
As per MCA filings
About Finfactor Technologies Private Limited
Data last updated:
Finfactor Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2019PTC187293. Its GSTIN is 27AADCF8833E1ZL (Maharashtra).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹17.2 Lakh. It is led by directors including Manoj Ajit Alandkar and Munish Bhatia.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.82 Cr (net margin -179.8%) and EBITDA of -₹10.35 Cr (EBITDA margin -171.9%). Revenue has grown at a compounded annual rate (CAGR) of 522% over three years and 109% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Finfactor Technologies. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹142.92 Cr; the latest was in December 2025. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Akto Io Private Limited with revenue of ₹6.04 Cr.
Finfactor Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0240637). For more details, the company can be reached via its website finfactor.in.
Company details
CIN U72200PN2019PTC187293
Registration Number 187293
Incorporation Date 16 October 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0240637
Key People
Aparajit Bhalchandra Bhandarkar Nominee Director Manoj Ajit Alandkar Director Munish Bhatia Director Recognitions & Rankings of Finfactor Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0240637
Contact details
Finfactor Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is finfactor.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWework Second Floor, Raheja Woods Kalyani Nagar, Pune, Maharashtra, India – 411006
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Finfactor Technologies Private Limited, buy the company report.
Comprehensive company report
Finfactor Technologies Private Limited - one report that includes everything
- 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
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Brands
Finfactor Technologies operates one associated brand: Finfactor Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers APIs and AI-driven insights for financial institutions' ecosystems. | finfactor.in |
Business activity
The main business activity of Finfactor Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Finfactor Technologies Private Limited, buy the company report.
Financials of Finfactor Technologies Private Limited
FY 2025 filings availableFinfactor Technologies Private Limited reported revenue of ₹6.02 Cr (up 210% YoY) for FY 2025.
Revenue · FY 2025
₹6.02 Cr ▲ 210%
Net loss · FY 2025
₹10.82 Cr margin -179.8%
EBITDA · FY 2025
-₹10.35 Cr margin -171.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 210%
3 years · compounded
▲ 522%
5 years · compounded
▲ 109%
EBITDA CAGR growth
1 year
▼ 330%
3 years · compounded
▼ 675%
Revenue has grown at a compounded annual rate (CAGR) of 109% over five years, including 210% growth in the latest year. EBITDA fell 330% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹10.35 Cr | ||||
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| Net Profit (PAT) | -₹10.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -171.9% | ||||
| Net Profit Margin | -179.8% | ||||
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To see the full financial statements and ratios of Finfactor Technologies Private Limited, buy the company report.
Board of directors of Finfactor Technologies Private Limited
Finfactor Technologies has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aparajit Bhalchandra Bhandarkar Also directs: Varanium Ventures LLP, Varanium Gift (Ifsc) Private Limited, Varanium Advisory Private Limited and 5 more | Nominee Director | 26 Sep 2024 | 2 Years 0 Months | Current |
| Manoj Ajit Alandkar Also directs: Cookiejar Technologies Private Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Munish Bhatia Also directs: Cookiejar Technologies Private Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Deepak Ramineedi Also directs: Safetree Nurture LLP, Star Health and Allied Insurance Company Limited, Kuhoo Tech Innovations Private Limited and 5 more | Nominee Director | 09 Sep 2024 | 2 Years 1 Months | Current |
| Rajesh Bhaskar Laxmi Narasimha | Nominee Director | 21 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Finfactor Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akto Io Private Limited | ₹6.04 Cr (FY 2025) | 30.0% | Koramangala, Karnataka, India | |||
| Techcanopy Software Labs Private Limited | ₹6.04 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| J & S Management Consultancy Services(India)Private Limited | ₹6.03 Cr (FY 2023) | 1.0% | Bangalore, Karnataka, India | |||
| Thoughtbyte Private Limited | ₹6.03 Cr (FY 2024) | -35.0% | Hyderabad, Telangana, India | |||
| Tunip Info Services Private Limited | ₹6.03 Cr (FY 2025) | 49.0% | Chennai, Tamil Nadu, India | |||
| Finfactor Technologies Private Limitedthis company | ₹6.02 Cr (FY 2025) | -₹10.82 Cr | -179.8% | 210.0% | Pune, Maharashtra, India | |
| Telnet Innovative Solutions Private Limited | ₹6.02 Cr (FY 2025) | -2.0% | Bangalore, Karnataka, India | |||
| Apprikart Digital Solutions Private Limited | ₹6.02 Cr (FY 2023) | 91.0% | Bangalore, Karnataka, India | |||
| Byteedge Learning Private Limited | ₹6.01 Cr (FY 2024) | 64.0% | Gurgaon, Haryana, India | |||
| Gundal Business Private Limited | ₹6.01 Cr (FY 2025) | 18.0% | Davanagere, Karnataka, India | |||
| Thirteen Global Innovation Private Limited | ₹6 Cr (FY 2021) | Sonipat, Haryana, India |
To see the full peer comparison of Finfactor Technologies Private Limited, buy the company report.
Auditor
Finfactor Technologies Private Limited is audited by Chaudhary Malpani Bhandari & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chaudhary Malpani Bhandari & Company | FY 2023 | 0124463W |
Shareholding
The shareholding of Finfactor Technologies Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Finfactor Technologies Private Limited, buy the company report.
Deals & funding
Finfactor Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹142.92 Cr; the latest was in December 2025.
Total deals
2
Funding rounds
2
Disclosed funding
₹142.92 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Funding round · Series A | ₹134.3 Cr | Investors: Varanium Capital, Westbridge Capital Partners, DMI Sparkle Fund |
| Jul 2022 | Funding round · Pre-Series A | ₹8.62 Cr | Investors: M2p Solutions Private Limited , Varanium Capital, IIFL Fintech Fund |
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 Finfactor Technologies 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 Finfactor Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finfactor Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF8833E1ZL | Maharashtra | Active | 06 Dec 2019 |
To see the full GST registrations and return filing status of Finfactor Technologies Private Limited, buy the company report.
Recent activity
Finfactor Technologies Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Aparajit Bhalchandra Bhandarkar was appointed as Nominee Director on 26 Sep 2024.
AGM
Finfactor Technologies Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Finfactor Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Aparajit Bhalchandra Bhandarkar was appointed as Nominee Director.
Appointed
Deepak Ramineedi was appointed as Nominee Director.
Ceased
Kishori Prabhu ceased to be Director.
Appointed
Rajesh Bhaskar Laxmi Narasimha was appointed as Nominee Director.
Appointed
Manoj Ajit Alandkar was appointed as Director.
Appointed
Munish Bhatia was appointed as Director.
Incorporation
16 Oct 2019
Finfactor Technologies Private Limited was registered on 16 Oct 2019 with Roc Pune & aged 7 years 9 days as per MCA records.
Frequently asked questions
Finfactor Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 October 2019 (7+ years old) and is registered under CIN U72200PN2019PTC187293.
Finfactor Technologies has 5 current directors:
- Aparajit Bhalchandra Bhandarkar - Nominee Director
- Manoj Ajit Alandkar - Director
- Munish Bhatia - Director
- Deepak Ramineedi - Nominee Director
- Rajesh Bhaskar Laxmi Narasimha - Nominee Director
The latest financial statements of Finfactor Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Finfactor Technologies is 27AADCF8833E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finfactor Technologies is U72200PN2019PTC187293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finfactor Technologies was incorporated on 16 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Finfactor Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹142.92 Cr; the latest was in December 2025.
The peers of Finfactor Technologies by revenue are Akto Io Private Limited, Techcanopy Software Labs Private Limited, J & S Management Consultancy Services(India)Private Limited, Thoughtbyte Private Limited, Tunip Info Services Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Aparajit Bhalchandra Bhandarkar was appointed as Nominee Director on 26 Sep 2024. Deepak Ramineedi was appointed as Nominee Director on 09 Sep 2024. Kishori Prabhu ceased to be Director on 17 Jun 2024. Finfactor Technologies has 6 board changes on record in total.
Yes, Finfactor Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Finfactor Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0240637).