- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0091773

About Finnable Technologies Private Limited
Data last updated:
Finnable Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Finnable Credit Private Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 17 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC134989. Its GSTIN is 29AAECF1035B1Z6 (Karnataka). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹55.29 Lakh. It is led by directors including Vaitheeswaran Seetharaman and Nitin Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indiqube Lakeside 4th Floor Municipal No. 80/2 Wing A Bellandur Village Varthur Hobli, Bengaluru, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹253.83 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹5.74 Cr (net margin 2.3%) and EBITDA of ₹20.8 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 122% over three years.
The company has about 962 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Finnable. As per MCA filings, the company has open charges of ₹22.1 Cr and satisfied charges of ₹57.4 Cr on record. Court records list 519 cases involving the company, including 513 filed by the company and 6 filed against it; 5 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in September 2021. Its 5 peer companies in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Anisha Estate & Finance Pvt Ltd with revenue of ₹268.87 Cr.
Finnable Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0091773). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finnable.com.
Company details
Recognitions & Rankings of Finnable Technologies
Contact details
Finnable Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its website is finnable.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIndiqube Lakeside 4th Floor Municipal No. 80/2 Wing A Bellandur Village Varthur Hobli, Bengaluru, Karnataka, India – 560103
- IndustryInternet, Online Financial Services
To see the full contact details of Finnable Technologies Private Limited, buy the company report.
- 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
Finnable Technologies operates one associated brand: Finnable. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online personal loans with minimal documentation are offered digitally. | finnable.com |
Business activity
The main business activity of Finnable Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Finnable Technologies Private Limited, buy the company report.
Financials of Finnable Technologies Private Limited
FY 2025 filings availableFinnable Technologies Private Limited reported revenue of ₹253.83 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 122% over three years, including 44% growth 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 | ₹20.8 Cr | ||||
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| Net Profit (PAT) | ₹5.74 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Finnable Technologies Private Limited, buy the company report.
Board of directors of Finnable Technologies Private Limited
Finnable Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaitheeswaran Seetharaman Also directs: Finnable Credit Private Limited, Memg Fund Advisors LLP, Manipalcigna Health Insurance Company Limited and 5 more | Director | 05 May 2021 | 5 Years 6 Months | Current |
| Nitin Gupta | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
| Amit Kumar Arora Also directs: Finnable Credit Private Limited | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Finnable Technologies Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anisha Estate & Finance Pvt Ltd | ₹268.87 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| Sonata Finance Private Limited | ₹268.26 Cr (FY 2025) | -56.0% | Lucknow, Uttar Pradesh, India | |||
| Shri Ram Finance Corporation Private Limited | ₹258.18 Cr (FY 2024) | 41.0% | Raipur, Chhattisgarh, India | |||
| Finnable Technologies Private Limitedthis company | ₹253.83 Cr (FY 2025) | ₹5.74 Cr | 2.3% | 44.0% | 962 | Bengaluru, Karnataka, India |
| Avanti Finance Private Limited | ₹252.1 Cr (FY 2024) | 122.0% | Bangalore, Karnataka, India | |||
| Jindal Poly Investment and Finance Company Limited | ₹242.32 Cr (FY 2018) | -84.0% | Bulandshahr, Uttar Pradesh, India |
To see the full peer comparison of Finnable Technologies Private Limited, buy the company report.
Auditor
Finnable Technologies Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Finnable Technologies Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Finnable Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2025 | 101119603 | Axis Bank Limited | ₹2 Cr | Open | |
| 29 Dec 2021 | 100552103 | Yes Bank Limited | ₹20 Cr | Open | |
| 16 Aug 2021 | 100469977 | Axis Bank Limited | ₹10.01 Lakh | Open | |
| 23 Aug 2024 | 100970508 | Others | ₹20 Cr | Satisfied | |
| 31 Jul 2024 | 100965878 | Others | ₹4.5 Cr | Satisfied |
To see the full charge records of Finnable Technologies Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Finnable Technologies Private Limited has 1 deal on record (1 rights issue); the latest was in September 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Rights issue | ₹46.32 Cr | Investors: Finnable Credit Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Finnable Technologies Private Limited has 519 court cases on record: 513 filed by Finnable Technologies, 6 filed against it. 5 cases are pending and 514 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 516 | 3 | 5 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 519)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Chhattisgarh | Appeal | Filed against the company by Cholamandalam Investment and Finance Company Limited (Cifcl) | Disposed |
| District court, Coimbatore, Tamil Nadu | Civil suit | Filed against the company by an individual | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company | Pending |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed by the company against an individual | Pending |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Finnable Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Finnable Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finnable Technologies Private Limited has a workforce of 962 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Finnable Technologies has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECF1035B1Z6 | Karnataka | Active | 04 Aug 2020 |
| 36AAECF1035B1ZB | Telangana | Active | 02 Aug 2021 |
| 24AAECF1035B1ZG | Gujarat | Active | 21 Jan 2022 |
| 19AAECF1035B1Z7 | West Bengal | Active | 26 May 2022 |
To see the full GST registrations and return filing status of Finnable Technologies Private Limited, buy the company report.
Recent activity
Finnable Technologies Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Vaitheeswaran Seetharaman was appointed as Director on 05 May 2021.
8 earlier events are in the company report.
News
Frequently asked questions
Finnable Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 17 June 2020 (6+ years old) and is registered under CIN U74999KA2020PTC134989.
Finnable Technologies has 3 current directors:
- Vaitheeswaran Seetharaman - Director
- Nitin Gupta - Director
- Amit Kumar Arora - Director
The latest financial statements of Finnable Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Finnable Technologies is 29AAECF1035B1Z6, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAECF1035B1ZB (Telangana), 24AAECF1035B1ZG (Gujarat), 19AAECF1035B1Z7 (West Bengal).
The CIN (Corporate Identification Number) of Finnable Technologies is U74999KA2020PTC134989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finnable Technologies has 519 court cases on record: 513 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Finnable Technologies was incorporated on 17 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Finnable Technologies has 1 deal on record (1 rights issue); the latest was in September 2021.
The peers of Finnable Technologies by revenue are Anisha Estate & Finance Pvt Ltd, Sonata Finance Private Limited, Shri Ram Finance Corporation Private Limited, Avanti Finance Private Limited, Jindal Poly Investment and Finance Company Limited, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).
Vaitheeswaran Seetharaman was appointed as Director on 05 May 2021. Amit Kumar Arora was appointed as Director on 17 Jun 2020. Nitin Gupta was appointed as Director on 17 Jun 2020.
Yes, Finnable Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0091773).

