Aspire - About the company
Aspire is a seed company based in Bengaluru (India), founded in 2020 by Manoj Rathi. It operates as a Provider of short-term business lines of credit. Aspire has raised $3.72M in funding from investors like Orios Venture Partners, Angel List and Picus Capital, with a current valuation of $*****. The company has 6 active competitors, including 2 that are funded. Its top competitors include companies like Efficient Capital Labs, Tradofina and VyaparCred.
Company Details
Provider of short-term business lines of credit. This company offers entrepreneurs access to financing for business development and expansion. The credit lines are designed for repeated use, allowing businesses to manage working capital effectively. The application process is streamlined and entirely digital, requiring minimal documentation. The focus is on providing flexible and easily accessible financial solutions to support business growth.
- Website
- www.letsaspire.in/
- Registered Address
- Awfis, 4th Floor, Vista Pixel, 8/2B and 8/2C Jakkuru Layout, Amruthahalli, Bangalore, Bangalore North, Karnataka, India, 560092
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Seed
Total Funding
$3.72M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 02, 2022
Investors
Ranked
3rd among 6 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
3 as on Jul 31, 2025
Legal entities associated with Aspire
Aspire is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ASPIRE FINTECH PRIVATE LIMITED CIN: U72900KA2020PTC135893 , India, Active | Jul 13, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | 2 (As on Feb 01, 2026) |
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Aspire's funding and investors
Aspire has raised a total funding of $3.72M over 3 rounds. Its first funding round was on Jan 16, 2021. Its latest funding round was a Seed round on Sep 02, 2022 for $*****. 10 investors participated in its latest round. Aspire has 10 institutional investors and 22 angel investors.
Here is the list of recent funding rounds of Aspire:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 02, 2022 | 2094649 | Seed | 5709795 | 5574443 | 2196571 | 8716047 |
Sep 13, 2021 | 1227035 | Seed | 1571819 | 8905092 | 8039819 | 7368470 |
Jan 16, 2021 | 2970691 | Angel | 8767990 | 4061481 |
View details of Aspire's funding rounds and investors
Aspire's founders and board of directors
Founder? Claim ProfileThe founders of Aspire is Manoj Rathi.
Here are the details of Aspire's key team members:
- Manoj Rathi: Co-Founder of Aspire. They serve on the board of 1 company.Contact Info: 2 email addresses
Aspire's Board of Directors
Aspire's board has 2 active members. Manoj Rathi and Tushar Garimalla are part of team.Here is the list of Aspire's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 2m | |
Team | - | Current | 6y 2m |
View details of Aspire's Founder profiles and Board Members
Aspire's employee count trend
Aspire has 3 employees as of Jul 25. The total employee count is 57.0% lower than what it was in Jul 24. Here is Aspire's employee count trend over the years:
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Aspire's Competitors and alternates
Top competitors of Aspire include Efficient Capital Labs, Tradofina and VyaparCred. Here is the list of Top 10 competitors of Aspire, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Efficient Capital Labs 2022, Bengaluru (India), Series A | Provider of non-dilutive capital for SaaS and AI companies | $21.5M | 53/100 | |
2nd | Operator of a digital platform providing instant credit loans | - | - | 43/100 | |
3rd | Provider of short-term business lines of credit | $3.72M | 39/100 | ||
4th | VyaparCred 2024, Mumbai (India), Unfunded | Provider of specialized credit lending solutions for ESG-driven businesses | - | - | 25/100 |
5th | ![]() Pharma-Store Bengaluru (India), Unfunded | Platform providing credit lines to pharmaceutical vendors and medical equipment suppliers | - | - | 16/100 |
6th | Creatorque 2021, Bengaluru (India), Unfunded | Online platform offering credit line business loans and content creation tools for creators | - | - | 16/100 |
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Aspire's Investments and acquisitions
Aspire has made no investments or acquisitions yet.
Reports related to Aspire
Here is the latest report on Aspire's sector:
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