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FatakPay - About the company

FatakPay is a seed company based in Mumbai (India), founded in 2021 by Abhishek Mahendra Gandhi, Amit Kumar Lodha, Ajit Kumar and Amit Goyal. It operates as an Operator of an application providing instant personal loans and financial services. FatakPay has raised $6.15M in funding from investors like Capitar Ventures, Village Capital and Lloydsenterprises, with a current valuation of *****. The company has 273 active competitors, including 42 funded and 9 that have exited. Its top competitors include companies like Tala, Finnable and axio.

Company Details

Operator of an application providing instant personal loans and financial services. The application facilitates loan applications with a digital process requiring only KYC. It also provides options to buy, sell, and store gold and silver. The application offers rewards, discount coupons, and employee financial wellness initiatives.
Social
XFacebook
Email ID
*****@fatakpay.com
Phone Number
+91 **********
Registered Address
Office No.-23, 2nd Floor Der Deutsche Parkz, Subhash Nagar Road, Near Nahur (W) Station, Bhandup West, Mumbai, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400078
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Seed
Total Funding
$6.15M in 5 rounds
Latest Funding Round
Post Money Valuation
***** as on Aug 30, 2025
Ranked
Annual Revenue
₹142Cr as on Mar 31, 2025
Employee Count
218 as on Jun 30, 2025
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FatakPay's funding and investors

FatakPay has raised a total funding of $6.15M over 5 rounds. Its first funding round was on Mar 31, 2022. Its latest funding round was a Seed round on Jan 10, 2025 for $*****. 5 investors participated in its latest round. FatakPay has 11 institutional investors and 86 angel investors.

Here is the list of recent funding rounds of FatakPay:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 10, 2025
5739340
Seed
5699849
2150830
2886664
5123839
Jan 02, 2024
8642707
Seed
6897959
1854109
5474266
Dec 05, 2023
4314142
Venture Debt
7660358
2466838
2336229
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FatakPay's founders and board of directors

Founder? Claim Profile
The founders of FatakPay are Abhishek Mahendra Gandhi, Amit Kumar Lodha, Ajit Kumar and Amit Goyal. Amit Kumar Lodha is the CEO of FatakPay.
Here are the details of FatakPay's key team members:

FatakPay's Board of Directors

FatakPay's board has 4 active members. Abhishek Mahendra Gandhi, Amit Kumar Lodha, Ajit Kumar and Amit Kumar Goyal are part of team.
Here is the list of FatakPay's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 7m
Team
-
Current
4y 7m
Team
-
Current
4y 7m
nwdzniw
Team
-
Past
4y 9m

FatakPay's employee count trend

FatakPay has 218 employees as of Jun 25. The total employee count is 1.0% lower than what it was in Jun 24. Here is FatakPay's employee count trend over the years:
Employee count trend for FatakPay
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FatakPay's Competitors and alternates

Top competitors of FatakPay include Tala, Finnable and axio. Here is the list of Top 10 competitors of FatakPay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tala
Tala
2011, Santa Monica (United States), Series E
Provider of a platform offering credit and digital financial services
$346M
79/100
2nd
Logo for Finnable
Finnable
2016, Bengaluru (India), Series C
Platform offering online personal loans with minimal documentation
$90.2M
79/100
3rd
Logo for axio
axio
2013, Bengaluru (India), Acquired
Provider of an online lending platform offering point of sale financing
$206M
75/100
4th
Logo for Stashfin
Stashfin
2016, Gurugram (India), Series C
Provider of digital lending and instant credit line solutions for individuals
$115M
75/100
5th
Logo for Navi
Navi
2012, Bengaluru (India), Series B
Provider of financial products including UPI, loans, insurance, and mutual funds
$445M
73/100
6th
Logo for LendenClub
LendenClub
2015, Mumbai (India), Series A
Developer of a P2P lending platform for personal loans
$11.9M
72/100
7th
Logo for Fibe
Fibe
2015, Pune (India), Series F
Provider of personal loans, credit lines, and financial wellness solutions
$250M
72/100
8th
Logo for RupeeRedee
RupeeRedee
2018, Gurugram (India), Series B
Provider of online platform for short-term, unsecured personal loans
$5.7M
70/100
9th
Logo for Kissht
Kissht
2015, Mumbai (India), Public
Provider of personal loans, business loans, and loans against property
$133M
69/100
10th
Logo for True Balance
True Balance
2014, Gurugram (India), Series D
Provider of personal loans and prepaid payment instruments via mobile wallet
$90M
68/100
21st
Logo for FatakPay
FatakPay
2021, Mumbai (India), Seed
Operator of an application providing instant personal loans and financial services
$6.15M
56/100
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FatakPay's Investments and acquisitions

FatakPay has made no investments or acquisitions yet.

News related to FatakPay

Media has covered FatakPay for a total of 4 events in the last 1 year, 3 of them have been about company updates.
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