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FINNABLE CREDIT PRIVATE LIMITED

Finnable

U67100KA2015PTC082204

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Feb 11, 2025
Key Metrics
  • No. of Employees242
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹72.15 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Finnable

Finnable is one of the fastest growing financial technology (Fintech) start-up to help employees get hassle free loans. Their mission is to make personal loans available to all salaried professionals in less than 1 minute.

The company is founded by Nitin Gupta, Amit Arora and Viraj Tyagi. All of them are ex-bankers and successful entrepreneurs. They previously built a start-up called NettPositive Analytics (in financial services) which was acquired by Equifax.

Business Model

Finnable is a fintech platform which helps individuals get hassle free loans for personal and education loans etc which goes maximum upto 10lakhs.

Top Competitors
LO
LoantapU67100MH2016PTC280879
LE
LendenclubU74999MH2018PTC318128
CA
CasheU74120MH2015PTC270608
KR
KreditbeeU74900KA2016PTC086953
FI
FinancepeerU74999MH2017PTC301676
Finnable Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹72.15 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • MEMG Family Office and Matrix Partners India
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
Finnable Financial Details
Financial Highlights
FY 2022-23 Revenue₹100.32 Cr
FY 2022-23 Expenses₹119.81 Cr
FY 2022-23 Profit/Loss-₹19.51 Cr
Net Cash Flow From Operations-₹10.9 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
Finnable Key People
People Metrics
Current Core Team3
Board Members/Directors4

Core Team

NG
Nitin Gupta Co-Founder & CEO
VT
Viraj TyagiCo-Founder
AA
Amit AroraCo-Founder

Board Members/Directors

NG
Nitin GuptaDirector
VT
Viraj TyagiDirector
VS
Vaitheeswaran SeetharamanDirector
AK
Amit Kumar AroraDirector
Finnable Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

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