Startup India Government of India
Monedo Financial Services Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.47 Cr
▲ 187% YoY
Net profit · FY 2025
₹21.85 Cr
Net margin 36.1%
EBITDA · FY 2025
₹33.61 Cr
EBITDA margin 55.6%
Authorised capital
₹100.8 Cr
Registered with MCA
Paid-up capital
₹83.48 Cr
Issued & subscribed
Open charges
₹499.52 Cr
Satisfied ₹42.95 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
26
Provident fund records
About Monedo Financial Services Private Limited
Data last updated:
Monedo Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 01 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH2017PTC294521. Its GSTIN is 27AAGCK5748Q1ZO (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹100.8 Cr and a paid-up capital of ₹83.48 Cr. It was formerly known as Kredi-Finance India Private Limited and Kreditech Financial Services Private Limited. It is led by directors including Ashish Kohli (Managing Director) and Vikram Behari Kaushal.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.85 Cr (net margin 36.1%) and EBITDA of ₹33.61 Cr (EBITDA margin 55.6%). Revenue has grown at a compounded annual rate (CAGR) of 196% over three years and 160% over five years.
The company has about 26 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Monedo. As per MCA filings, the company has open charges of ₹499.52 Cr and satisfied charges of ₹42.95 Cr on record. Court records list 257 cases involving the company, including 255 filed by the company and 2 filed against it; 226 cases are pending. The company has 28 deals on record (15 funding rounds, 6 secondary share transfers, 4 convertible or debt financings), with disclosed funding of ₹79.44 Cr; the latest was in January 2023. Its 9 peer companies in the BFSI industry (NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 5 smaller; the largest is Piramal Finance Limited with revenue of ₹66.02 Cr.
Monedo Financial Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0146129). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monedo.in.
Company details
CIN U65100MH2017PTC294521
Registration Number 294521
Incorporation Date 01 May 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-19-0146129
Name history
Monedo Financial Services has undergone 9 name changes throughout its history. The current legal name is Monedo Financial Services Private Limited.
| Company Name | Status |
|---|---|
| Monedo Financial Services Private Limited | Current |
| Kredi-Finance India Private Limited | Previous |
| Kreditech Financial Services Private Limited | Previous |
| Ktech India Finance Private Limited | Previous |
| Kreditech India Private Limited | Previous |
| Kt India Finance Private Limited | Previous |
| Kreditech Finance Technology Private Limited | Previous |
| Kreditech India Finance Private Limited | Previous |
| Kt Finance Private Limited | Previous |
CIN history
Monedo Financial Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100MH2017PTC294521, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100MH2017PTC294521 | Current |
| U65100MH2017FTC294521 | Previous |
| U65929MH2017FTC294521 | Previous |
Key People
Ashish Kohli Managing Director Vikram Behari Kaushal Director Vipin Kumar Resham Lal Poddar Director Recognitions & Rankings of Monedo Financial Services
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0146129
Contact details
Monedo Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is monedo.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7th Floor Part A Corporate Centre, Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, NBFC
To see the full contact details of Monedo Financial Services Private Limited, buy the company report.
Comprehensive company report
Monedo Financial Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Monedo Financial Services 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 Monedo Financial Services Private Limited, buy the company report.
Financials of Monedo Financial Services Private Limited
FY 2025 filings availableMonedo Financial Services Private Limited reported revenue of ₹60.47 Cr (up 187% YoY) for FY 2025.
Revenue · FY 2025
₹60.47 Cr ▲ 187%
Net profit · FY 2025
₹21.85 Cr margin 36.1%
EBITDA · FY 2025
₹33.61 Cr margin 55.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 187%
3 years · compounded
▲ 196%
5 years · compounded
▲ 160%
Revenue has grown at a compounded annual rate (CAGR) of 160% over five years, including 187% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 55.6% | ||||
| Net Profit Margin | 36.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Monedo Financial Services Private Limited, buy the company report.
Board of directors of Monedo Financial Services Private Limited
Monedo Financial Services has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Behari Kaushal Also directs: Monedo Corporate Services Private Limited, Venus-Vardan Partners LLP, Vardan Investment Advisors Private Limited and 2 more | Director | 04 Feb 2021 | 5 Years 8 Months | Current |
| Ashish Kohli | Managing Director | 05 Jul 2018 | 8 Years 3 Months | Current |
| Vipin Kumar Resham Lal Poddar Also directs: Monedo Technologies Private Limited | Director | 06 Oct 2023 | 3 Years 0 Months | Current |
| Shruti Mehrotra | Director | 04 Feb 2021 | 5 Years 8 Months | Current |
| Veni Thapar | Additional Director | 24 Jan 2025 | 1 Years 9 Months | Current |
| Nirma Anil Bhandari Also directs: Navneet Education Limited, Iifl Finance Limited, Anb Solutions Private Limited and 2 more | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Monedo Financial Services Private Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (NBFC), 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 |
|---|---|---|---|---|---|---|
| Piramal Finance Limited | ₹66.02 Cr (FY 2024) | -99.0% | Mumbai, Maharashtra, India | |||
| Bharat Investment Growth Limited | ₹64.87 Cr (FY 2024) | -5.0% | Gurgaon, Haryana, India | |||
| Manphool Exports Ltd | ₹64.45 Cr (FY 2025) | 4438.0% | Kolkata, West Bengal, India | |||
| Usha Financial Services Limited | ₹60.62 Cr (FY 2025) | -5.0% | Delhi, India | |||
| Monedo Financial Services Private Limitedthis company | ₹60.47 Cr (FY 2025) | ₹21.85 Cr | 36.1% | 187.0% | 26 | Mumbai, Maharashtra, India |
| Palash Securities Limited | ₹49.54 Cr (FY 2025) | 20.0% | Sitapur, Uttar Pradesh, India | |||
| Areion Finserve Private Limited | ₹46.03 Cr (FY 2025) | 186.0% | Mumbai, Maharashtra, India | |||
| Avendus Wealth Management Private Limited | ₹46.02 Cr (FY 2018) | 69.0% | Mumbai, Maharashtra, India | |||
| Artline Finance Private Limited | ₹45.23 Cr (FY 2025) | 89.0% | New Delhi, Delhi, India | |||
| Jio Financial Services Limited | ₹44.84 Cr (FY 2023) | -76.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Monedo Financial Services Private Limited, buy the company report.
Auditor
Monedo Financial Services Private Limited is audited by MRB & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRB & Associates | FY 2024 | 136306W |
Shareholding
The shareholding of Monedo Financial Services Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monedo Financial Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹499.52 Cr
Satisfied charges
₹42.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2026 | 101271116 | Others | ₹5 Cr | Open | |
| 23 Mar 2026 | 101266860 | Others | ₹3 Cr | Open | |
| 26 Feb 2026 | 101253581 | Others | ₹3.5 Cr | Open | |
| 20 Feb 2026 | 101244577 | Others | ₹9.31 Cr | Open | |
| 09 Feb 2026 | 101237197 | Others | ₹20 Cr | Open |
To see the full charge records of Monedo Financial Services Private Limited, buy the company report.
Total charge records: 80 View all charges
Deals & funding
Monedo Financial Services Private Limited has 28 deals on record (15 funding rounds, 6 secondary share transfers, 4 convertible or debt financings), with disclosed funding of ₹79.44 Cr; the latest was in January 2023.
Total deals
28
Funding rounds
15
Secondary share transfers
6
Convertible or debt financings
4
Rights issues
3
Disclosed funding
₹79.44 Cr
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round · Seed | ₹3 Cr | Investors: SG Trinity LLP |
| Mar 2022 | Funding round · Seed | ₹1.4 Cr | Investors: SG Trinity LLP , an individual |
| Nov 2021 | Funding round · Seed | ₹7.6 Cr | Investors: Nurture Ventures, SG Trinity LLP , 2 individuals |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Itraveleo Private Limited |
| Jun 2021 | Funding round · Seed | ₹4.09 Cr | Investors: 4 individuals |
To see the full deal history of Monedo Financial Services 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
Monedo Financial Services Private Limited has 257 court cases on record: 255 filed by Monedo Financial Services, 2 filed against it. 226 cases are pending and 31 are disposed.
Total cases
257
Filed by the company
255
Filed against the company
2
Pending
226
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 257 | 2 | 226 |
Cases on record (5 of 257)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jammu, Jammu and Kashmir | Court case (Complaint) | Filed against the company by an individual | Pending |
| District court, Panipat, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Panipat, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Panipat, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Panipat, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Monedo Financial Services 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 Monedo Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Monedo Financial Services has 1 subsidiary company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Monedo Corporate Services Private Limited | U66190MH2022PTC387476 |
To see the full group structure of Monedo Financial Services Private Limited, buy the company report.
Employees & EPFO
Monedo Financial Services Private Limited has a workforce of 26 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
GST
Monedo Financial Services has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK5748Q1ZO | Maharashtra | Active | 24 Nov 2017 |
| 27AAGCK5748Q2ZN | Maharashtra | Active | 12 Jun 2025 |
| 29AAGCK5748Q1ZK | Karnataka | Active | 13 Jan 2025 |
To see the full GST registrations and return filing status of Monedo Financial Services Private Limited, buy the company report.
Recent activity
Monedo Financial Services Private Limited has 18 board changes on record since 2018: 9 appointments and 9 cessations. The latest: Sumita Ralph Almeida was appointed as Additional Director on 12 Feb 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101271116 was registered on 29 Mar 2026.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101266860 was registered on 23 Mar 2026.
Charges
A charge registered on 22 Aug 2025 via Charge ID 101144775 with Others was fully satisfied on 02 Mar 2026.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 101253581 was registered on 26 Feb 2026.
Charges
A charge with Others amounted to Rs. 9.31 Cr with Charge ID 101244577 was registered on 20 Feb 2026.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101237197 was registered on 09 Feb 2026.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101240134 was registered on 29 Jan 2026.
Charges
A charge with Others amounted to Rs. 9.11 Cr with Charge ID 101214536 was registered on 09 Jan 2026.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101222548 was registered on 31 Dec 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101215036 was registered on 30 Dec 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101219041 was registered on 30 Dec 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101209082 was registered on 24 Dec 2025.
114 earlier events are in the company report.
News
Frequently asked questions
Monedo Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 01 May 2017 (9+ years old) and is registered under CIN U65100MH2017PTC294521.
Monedo Financial Services has 8 current directors:
- Ashish Kohli - Managing Director
- Vikram Behari Kaushal - Director
- Vipin Kumar Resham Lal Poddar - Director
- Shruti Mehrotra - Director
- Veni Thapar - Additional Director
- Nirma Anil Bhandari - Director
- Shashi Bhushan Mani Tripathi - Director
- Sumita Ralph Almeida - Additional Director
The latest financial statements of Monedo Financial Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Monedo Financial Services is 27AAGCK5748Q1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAGCK5748Q2ZN (Maharashtra), 29AAGCK5748Q1ZK (Karnataka).
The CIN (Corporate Identification Number) of Monedo Financial Services is U65100MH2017PTC294521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monedo Financial Services has 257 court cases on record: 255 filed by the company and 2 filed against it. 226 are pending.
Monedo Financial Services was incorporated on 01 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Monedo Financial Services has 28 deals on record (15 funding rounds, 6 secondary share transfers, 4 convertible or debt financings), with disclosed funding of ₹79.44 Cr; the latest was in January 2023.
The peers of Monedo Financial Services by revenue are Piramal Finance Limited, Bharat Investment Growth Limited, Manphool Exports Ltd, Usha Financial Services Limited, Palash Securities Limited and 4 more, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Sumita Ralph Almeida was appointed as Additional Director on 12 Feb 2025. Veni Thapar was appointed as Additional Director on 24 Jan 2025. Nirma Anil Bhandari ceased to be Additional Director on 15 Sep 2024. Monedo Financial Services has 18 board changes on record in total.
Yes, Monedo Financial Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).