Key Metrics
  • No. of Employees185
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹299.48 Cr
  • Industry

  • Headquarter
  • Company StatusMerged
About Avail Finance

Avail is a financial care service for the unorganised workforce of India, who are not served by current lending solutions. They are an app-based lending platform, providing small-ticket personal loans of up to INR 5,000 with the lowest interest and lowest processing fee.

The process requires minimal documentation and provides loan seekers with an easy documentation process and hassle-free loan disbursal. The loan-seekers can also repay small-ticket personal loans to access higher loan amounts in the future.

Business Model

Owned by Ola, Avail Finance caters to India’s blue-collared workforce who are currently underserved by organized lending institutions. It provides collateral-free personal loans of up to Rs 20,000 to meet their financial needs.

Top Competitors
FA
FampayU74999KA2019PTC122125
FI
FiU72900KA2019PTC124770
JU
JupiterU74140MH2019PTC328769
NI
NiyoU74900KA2015PTC084275
Avail Finance Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹299.48 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • Alpha Wave Global, Matrix Partners India, IIFL Asset Management
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Avail Finance Financial Details
Financial Highlights
FY 2023-24 Revenue₹62 Lakh
FY 2023-24 Expenses₹24.29 Cr
FY 2023-24 Profit/Loss-₹23.68 Cr
Net Cash Flow From Operations-₹4.36 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Avail Finance Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

AA
Ankush Aggarwal Co-Founder
TM
Tushar MehndirattaCo-Founder & CTO

Board Members/Directors

HK
Hemant KaulDirector
AA
Ankush Aggarwal Wholetime Director
Avail Finance Documents

AY - 2018-19

Profit and Loss statement - Avail Finance - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avail Finance for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Avail Finance - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Avail Finance for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Avail Finance - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avail Finance for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Avail Finance - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Avail Finance for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Avail Finance - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avail Finance for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Avail Finance - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Avail Finance for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Avail Finance - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avail Finance for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Avail Finance - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Avail Finance for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Avail Finance - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avail Finance for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Avail Finance - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Avail Finance for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Avail Finance - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Avail Finance for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Avail Finance - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Avail Finance for FY 2023-24
₹249.00 ₹498.00

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