Key Metrics
  • No. of Employees101
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹47.09 Cr
  • Industry

    ,

  • Headquarter
  • Company StatusActive
About New Street

Winner of PICUP 2020 "Emerging Tech Platform" Award & Business World's "Best Use of Blockchain in BFSI" Award, New Street leverages cutting edge technologies like Blockchain, AI, DApps, IOT, etc. to create and operate Hi-tech Ecosystems that will facilitate powerful re-imagination of your products, processes & partnerships to deliver unprecedented & delightful customer experience.

Business Model

New Street specializes in creating and operating Hi-tech Ecosystems. Its products include MiFiX, enabling connections between banks, NBFCs, and customers for loan origination, KYC, underwriting, etc. FAR on MiFiX offers financial services for migrant workers, connecting remitters with banks and payment networks. Agri Loans on MiFiX connects banks and NBFCs with customers, farmer organizations, et al for agricultural loans, including KYC, underwriting, and payments.

Top Competitors
CR
CredgenicsU72900HR2018PTC076722
PE
PerfiosU72200KA2008PTC046602
FI
FinfluxU72200KA2010PTC056151
LE
LentraU72900PN2018PTC177921
New Street Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹47.09 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • T& J Capital, Unitus Seed Fund
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
New Street Financial Details
Financial Highlights
FY 2023-24 Revenue₹71.85 Cr
FY 2023-24 Expenses₹49.79 Cr
FY 2023-24 Profit/Loss₹14.3 Cr
Net Cash Flow From Operations₹26.56 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
New Street Key People
People Metrics
Current Core Team3
Board Members/Directors3

Core Team

SV
Sajeev ViswanathanCo-Founder & CEO
MD
Mohit DavarCo-Founder
SA
Shrish Anand LalCBO

Board Members/Directors

SV
Sajeev ViswanathanManaging Director
MD
Mohit DavarDirector
SV
Sindhu VishwanathanDirector
New Street Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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