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UTHAAN TECHNOLOGIES PRIVATE LIMITED

Vitto (Microfinance.AI)

U72900DL2019PTC358875

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees18
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹1.49 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Vitto (Microfinance.AI)
Microfinance.AI is an AI-powered mobile platform featuring simple to use customer onboarding, screening and product management tools in a secure and safe environment. The platform addresses language gaps, uses a voice-assisted user interface and speech-to-text for app inputs. They offer micro-lending partners a dedicated web dashboard to see and manage the borrower profile, append alternate data for underwriting in addition to credit score integration, digital communication with borrowers and AI-powered early warning on a possible loan default. In addition, the platform enables the simple integration of add-on products such as digital micro-insurance to enable partners to increase its revenue stream. Their mobile platform can be linked with any back-end software or work independently and help partner institutions to win in this digital transformation.
Business Model

Fintech startup Microfinance.ai offers a mobile platform named LYT, which makes it easy for local-language preferred and less educated users, to avail financial services digitally. The company primarily focuses on providing a digital platform for availing micro financial services and empowering local-language preferred users with customised knowledge delivered in bit-size content.

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Vitto (Microfinance.AI) Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹1.49 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • We Founder Circle, LetsVenture
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
Vitto (Microfinance.AI) Financial Details
Financial Highlights
FY 2023-24 Revenue₹49.43 Lakh
FY 2023-24 Expenses₹1.07 Cr
FY 2023-24 Profit/Loss-₹57.91 Lakh
Net Cash Flow From OperationsNil
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
Vitto (Microfinance.AI) Key People
People Metrics
Current Core Team2
Board Members/Directors3

Core Team

SS
Swati SinhaCo-Founder
KP
Kapil PatilCo-Founder

Board Members/Directors

KS
Kapildev Sureshbhai PatilDirector
SC
Snehi ChanchalDirector
SS
Swati SinhaDirector
Vitto (Microfinance.AI) Documents

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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