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NI

FINNEW SOLUTIONS PRIVATE LIMITED

Niyo

U74900KA2015PTC084275

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Oct 25, 2024
Key Metrics
  • No. of Employees553
  • Founded Year 2015
  • Company StagePrivate Limited Company
  • Total Funding₹1,319.61 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Niyo

Niyo is an Indian Fintech company leading innovations in Travel and Finance. With over 6 million users already on board, There aim is to make both travel and managing finance simpler, smarter and safer. Since its inception in 2015, Niyo has been at the forefront of revolutionising banking with continued digital innovation.

They help you save more, be more and do more. Take your banking experience a notch higher with.

Business Model

Travel banking fintech platform Niyo has two lines of business – global banking and mass banking. Its global banking flagship product Niyo Global provides banking for international travelers. The company offers these digital banking services in partnership with DCB Bank, Equitas Small Finance Bank, and State Bank of Mauritius.

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Niyo Funding Details
Funding Highlights
Latest Founding RoundSeries C
Total Funding Raised₹1,319.61 Cr
No. of Investments Made0
Total No. of Acquisitions2
Lead Investors3
Investors
  • Spring, Accel, Lightrock
Niyo Financial Details
Financial Highlights
FY 2022-23 Revenue₹138.35 Cr
FY 2022-23 Expenses₹314.69 Cr
FY 2022-23 Profit/Loss-₹177.03 Cr
Net Cash Flow From Operations-₹200 Cr
Niyo Key People
People Metrics
Current Core Team3
Board Members/Directors2

Core Team

VB
Vinay BagriCo-Founder & CEO
VB
Virender BishtCo-Founder & CTO
TV
Tushar Verma CBO

Board Members/Directors

VB
Vinay BagriDirector
VB
Virender BishtDirector
Niyo Documents

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

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