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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.
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
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
3 as on Jul 31, 2025
Similar Companies
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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
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Aspire's founders and board of directors

Founder? Claim Profile
The founders of Aspire is Manoj Rathi.
Here are the details of Aspire's key team members:

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

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:
Employee count trend for Aspire
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Efficient Capital Labs
Efficient Capital Labs
2022, Bengaluru (India), Series A
Provider of non-dilutive capital for SaaS and AI companies
$21.5M
53/100
2nd
Logo for Tradofina
Tradofina
2021, Mumbai (India), Unfunded
Operator of a digital platform providing instant credit loans
-
-
43/100
3rd
Logo for Aspire
Aspire
2020, Bengaluru (India), Seed
Provider of short-term business lines of credit
$3.72M
39/100
4th
Logo for VyaparCred
VyaparCred
2024, Mumbai (India), Unfunded
Provider of specialized credit lending solutions for ESG-driven businesses
-
-
25/100
5th
Logo for Pharma-Store
Pharma-Store
Bengaluru (India), Unfunded
Platform providing credit lines to pharmaceutical vendors and medical equipment suppliers
-
-
16/100
6th
Logo for Creatorque
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 Latest cap tables and shareholding

Founders (largest shareholder) own 64.49%, Funds own 22.29%, Enterprises own 0.26% and Angels own 4.01%. The net worth of Aspire's founders is INR 77.9Cr as of Sep 02, 2022. The cap table displayed below is for ASPIRE FINTECH PRIVATE LIMITED which is the legal entity associated with Aspire.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
64.49%
77.9Cr
5777555
7694358
1352585
7991313
3524087
3593422
6020095
5117575
4128625
9811924
Fund
22.29%
26.9Cr
3581550
5346265
9244619
2192972
4715272
9301273
7965301
5047988
6504279
6305283
7974
6041
4252
1007
5445
9630
0
0
0
0
0
0
Enterprise
0.26%
31.5L
0
0
0
0
Angel
4.01%
4.85Cr
8038
2286
2805
5804
0
0
0
0
0
0
Other People
0.65%
79L
0
0
0
0
ESOP Pool
8.01%
9.67Cr
3968649
7558291
2071055
8653289
Other Investors
0.27%
32.1L
0
0
0
0
Total
99.98%
121Cr
7914594
4536583
7653069
9051038
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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:

FAQs about Aspire

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