India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,233 Vineet Sukumar ₹1,900 Cr
- #1,545 Sanjay Aggarwal ₹1,300 Cr
Revenue · FY 2025
₹3.77 Cr
▲ 27% YoY
Net profit · FY 2025
₹48.65 Lakh
Net margin 12.9%
EBITDA · FY 2025
₹52.2 Lakh
EBITDA margin 13.8%
Company age
6 yrs
Est. 2020
Directors on board
9
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date
About Fintech Association for Consumer Empowerment
Data last updated:
Fintech Association for Consumer Empowerment is a public not for profit company based in Mumbai, Maharashtra, India. It operates in the membership organizations segment of the non-profit sector. It was incorporated on 18 September 2020 and has been in existence for over 6 years.
Its director Vineet Sukumar is #1,233 among India's richest people (2026). Its director Sanjay Aggarwal is #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91990MH2020NPL346315. Its GSTIN is 27AAECF2492G1ZL (Maharashtra).
It is led by directors including Sanjay Aggarwal and Madhusudan Ekambaram.
Its last annual general meeting (AGM) was held on 26 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Paville House Off Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.77 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹48.65 Lakh (net margin 12.9%) and EBITDA of ₹52.2 Lakh (EBITDA margin 13.8%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
The company is associated with 1 brand: FACE.
For more details, the company can be reached via its website faceofindia.org.
Company details
CIN U91990MH2020NPL346315
Registration Number 346315
Incorporation Date 18 September 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 June 2025
Date of Balance Sheet 31 March 2025
Recognitions & Rankings of Fintech Association for Consumer Empowerment
Contact details
Fintech Association for Consumer Empowerment's registered office is in Mumbai, Maharashtra. Its website is faceofindia.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Paville House Off Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryNon-Profit Organizations, Membership Organizations
To see the full contact details of Fintech Association for Consumer Empowerment, buy the company report.
Comprehensive company report
Fintech Association for Consumer Empowerment - 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
Fintech Association for Consumer Empowerment operates one associated brand: FACE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Community management services are provided by the association. | faceofindia.org |
Business activity
The main business activity of Fintech Association for Consumer Empowerment is personal and household service. In detail, this covers activities of membership organisations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S1 | Activities of membership organisations |
To see the full business activity and turnover split of Fintech Association for Consumer Empowerment, buy the company report.
Financials of Fintech Association for Consumer Empowerment
FY 2025 filings availableFintech Association for Consumer Empowerment reported revenue of ₹3.77 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹3.77 Cr ▲ 27%
Net profit · FY 2025
₹48.65 Lakh margin 12.9%
EBITDA · FY 2025
₹52.2 Lakh margin 13.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 66% over three years, including 27% growth in the latest year. EBITDA fell 47% 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 | ₹52.2 Lakh | ||||
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| Net Profit (PAT) | ₹48.65 Lakh | ||||
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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 | 13.8% | ||||
| Net Profit Margin | 12.9% | ||||
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To see the full financial statements and ratios of Fintech Association for Consumer Empowerment, buy the company report.
Board of directors of Fintech Association for Consumer Empowerment
Fintech Association for Consumer Empowerment has 9 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Aggarwal Also directs: Whizdm Finance Private Limited, Moneyview Limited, Zeo Fin Technology Private Limited and 1 more | Director | 02 May 2025 | 1 Years 5 Months | Current |
| Madhusudan Ekambaram Also directs: NXG Innovation Labs LLP, VMD Investment Services LLP, Krazybee Services Limited and 1 more | Director | 02 May 2025 | 1 Years 5 Months | Current |
| Ashish Sohan Goyal | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
| Vineet Sukumar Also directs: Vivriti Fixed Income Fund - Series 3 Ifsc LLP, Vivriti Fixed Income Fund - Series 4 Ifsc LLP, Vivriti Finance Limited and 5 more | Director | 02 May 2025 | 1 Years 5 Months | Current |
| Avtar Singh Monga Also directs: Continuum Excellence LLP, Godfrey Phillips India Limited, Rnfi Services Limited and 5 more | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Ram Nirankar Rastogi Also directs: Digispice Technologies Limited, Network People Services Technologies Limited, Spice Money Limited and 3 more | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
Showing 6 of 9 current directors. View all directors
Auditor
Fintech Association for Consumer Empowerment is audited by Nikunj Agarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nikunj Agarwal & Co. | FY 2023 | 030650N |
Shareholding
The shareholding of Fintech Association for Consumer Empowerment is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public |
To see the full shareholding pattern of Fintech Association for Consumer Empowerment, buy the company report.
Legal cases
No court or tribunal cases involving Fintech Association for Consumer Empowerment 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
Fintech Association for Consumer Empowerment has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Fintech Association for Consumer Empowerment, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fintech Association for Consumer Empowerment has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Fintech Association for Consumer Empowerment has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF2492G1ZL | Maharashtra | Active | 29 Oct 2020 |
To see the full GST registrations and return filing status of Fintech Association for Consumer Empowerment, buy the company report.
Recent activity
Fintech Association for Consumer Empowerment has 17 board changes on record since 2020: 11 appointments and 6 cessations. The latest: Manoranjan Mishra was appointed as Additional Director on 01 Oct 2025.
Appointed
Manoranjan Mishra was appointed as Additional Director.
AGM
Fintech Association For Consumer Empowerment last Annual general meeting of members was held on 26 Jun 2025 as per latest MCA records.
Ceased
Nitin Gupta ceased to be Additional Director.
Ceased
Sanjay Aggarwal ceased to be Additional Director.
Ceased
Vineet Sukumar ceased to be Additional Director.
Appointed
Madhusudan Ekambaram was appointed as Director.
Appointed
Sanjay Aggarwal was appointed as Director.
Appointed
Vineet Sukumar was appointed as Director.
Ceased
Naveen Kukreja ceased to be Director.
Filing
Fintech Association For Consumer Empowerment has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Nitin Gupta was appointed as Director.
Appointed
Naveen Kukreja was appointed as Director.
8 earlier events are in the company report.
News
Frequently asked questions
Fintech Association for Consumer Empowerment is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in membership organizations, within the non-profit organizations industry. It was incorporated on 18 September 2020 (6+ years old) and is registered under CIN U91990MH2020NPL346315.
Fintech Association for Consumer Empowerment has 9 current directors:
- Sanjay Aggarwal - Director
- Madhusudan Ekambaram - Director
- Ashish Sohan Goyal - Director
- Vineet Sukumar - Director
- Avtar Singh Monga - Director
- Ram Nirankar Rastogi - Director
- Nitin Gupta - Director
- Srinath Sridharan - Director
- Manoranjan Mishra - Additional Director
The latest financial statements of Fintech Association for Consumer Empowerment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 June 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Fintech Association for Consumer Empowerment is 27AAECF2492G1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fintech Association for Consumer Empowerment is U91990MH2020NPL346315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fintech Association for Consumer Empowerment was incorporated on 18 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Manoranjan Mishra was appointed as Additional Director on 01 Oct 2025. Nitin Gupta ceased to be Additional Director on 25 Jun 2025. Sanjay Aggarwal ceased to be Additional Director on 25 Jun 2025. Fintech Association for Consumer Empowerment has 17 board changes on record in total.
Fintech Association for Consumer Empowerment has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
Fintech Association for Consumer Empowerment can be reached through the website faceofindia.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fintech Association for Consumer Empowerment is at 5th Floor Paville House Off Veer Savarkar Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
Fintech Association for Consumer Empowerment operates in the non-profit organizations industry, in the membership organizations segment.