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MINTOAK INNOVATIONS PRIVATE LIMITED

mintoak

U74999MH2017PTC299322

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees57
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹265.67 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About mintoak

Embedded Fintech company powering merchant payments and financial services. We aim to reconnect banks with their entire base of SME merchants by transforming the merchants’ mobile phone as a medium to accept all forms of payments (Cards, QR, UPI and SMS link-based payments) and deliver a comprehensive stack of commerce enablement solutions in an integrated manner. 


The platform currently serves over 500,000 merchants in India and the Middle-East and is already demonstrating consolidation of payments for merchants and enhanced financial access for them including improvement in activation rates and total payment throughput leading to a higher merchant engagement score.

Business Model

Mintoak is a SaaS platform that specializes in merchant services. It offers technology solutions for omnichannel payments, real-time business analytics, SME commerce enablement, and access to capital. Partnering with banks, Mintoak provides efficient tools to small businesses for managing and expanding their operations. The product suite includes various SaaS offerings that enable banks and merchant acquirers to connect with SME customers and promote cross-selling of financial products.

mintoak Funding Details
Funding Highlights
Latest Funding RoundSecondary
Total Funding Raised₹265.67 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • PayPal, Pravega Ventures, HDFC Bank
Note:

Valuation as on Feb 21, 2023

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
mintoak Financial Details
Financial Highlights
FY 2023-24 Revenue₹83.81 Cr
FY 2023-24 Expenses₹50.84 Cr
FY 2023-24 Profit/Loss₹21.45 Cr
Net Cash Flow From Operations₹21.18 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
mintoak Key People
People Metrics
Current Core Team4
Board Members/Directors3

Core Team

RK
Raman KhandujaCo-Founder & CEO
RT
Rama TadepalliCo-Founder
SN
Sanjay NazarethCo-Founder
KJ
Kabeer JainCo-Founder

Board Members/Directors

RK
Raman KhandujaDirector
SN
Sanjay NazarethDirector
RT
Rama TadepalliDirector
mintoak Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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