FatakPay - About the company
FatakPay is a seed company based in Mumbai (India), founded in 2021 by Abhishek Mahendra Gandhi, Ajit Kumar, Amit Goyal, Ajit Kumar, Amit Lodha, Amit Goyal 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 307 active competitors, including 46 funded and 11 that have exited. Its top competitors include companies like Finnable, Kissht 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.
- Website
- www.fatakpay.com/
- Social
- 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
Investors
Ranked
16th among 307 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
218 as on Jun 30, 2025
Legal entities associated with FatakPay
FatakPay is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Fatakventure Partners Llp CIN: ACB-9098 , India, Active | Jul 06, 2023 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
FATAKPAY DIGITAL PRIVATE LIMITED CIN: U72900MH2021PTC369484 , India, Active | Oct 14, 2021 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 60 (As on May 01, 2026) |
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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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 10, 2025 | 1473326 | Seed | 6774896 | 3577265 | 3112196 | 5568946 |
Jan 02, 2024 | 5315496 | Seed | 6383772 | 1389970 | 8501952 | |
Dec 05, 2023 | 9942957 | Venture Debt | 9396577 | 5644756 | 2504247 |
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FatakPay's founders and board of directors
Founder? Claim ProfileThe founders of FatakPay are Abhishek Mahendra Gandhi, Ajit Kumar, Amit Goyal, Ajit Kumar, Amit Lodha, Amit Goyal and Amit Goyal. Amit Lodha and Bikash Choudhary are the CEOs of FatakPay.
Here are the details of FatakPay's key team members:
- Abhishek Mahendra Gandhi: Co-Founder & CBO of FatakPay and founder of 2 other companies, Bank2Grow and Rupee Circle. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 2 phone numbers
- Ajit Kumar: Co-Founder & COO of FatakPay and founder of 2 other companies, Bank2Grow and Rupee Circle. They are also an angel investor in 1 startup and serve on the boards of 4 companies.Contact Info: 1 email address and 1 phone number
- Amit Goyal: Co-Founder & MD of FatakPay and founder of 2 other companies, Agribazaar and StarAgri. They serve on the board of 1 company.Contact Info: 3 email addresses and 1 phone number
- Ajit Kumar: Co-Founder & COO of FatakPay. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Amit Lodha: Co-Founder & Group CEO of FatakPay. Contact Info: 1 email address
FatakPay's Board of Directors
FatakPay's board has 4 active members. Abhishek Mahendra Gandhi, Ajit Kumar, Amit Kumar Lodha 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 11m | |
Team | - | Current | 4y 11m | |
Team | - | Current | 4y 11m | |
sbexq{f | Team | - | Past | 6y 7m |
View details of FatakPay's Founder profiles and Board Members
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:
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FatakPay's Competitors and alternates
Top competitors of FatakPay include Finnable, Kissht and axio. Here is the list of Top 10 competitors of FatakPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
2nd | Provider of personal loans, business loans, and loans against property | $133M | 77/100 | ||
3rd | Provider of an online lending platform offering point of sale financing | $206M | 74/100 | ||
4th | A personal loan and financial solutions provider | $49.5M | 73/100 | ||
5th | Provider of financial products including UPI, loans, insurance, and mutual funds | $150M | 73/100 | ||
6th | Provider of personal loans, credit lines, and financial wellness solutions | $250M | 71/100 | ||
7th | Digital financial platform offering instant credit, investments, bill payments, and credit-building tools online | $115M | 71/100 | ||
8th |  Kredivo Holdings 2015, Jakarta (Indonesia), Series D | Provider of a consumer lending platform for financial applications | $660M | 69/100 | |
9th | Provider of personal loans with an application and digital loan process | $5.5M | 67/100 | ||
10th |  LendenClub 2015, Mumbai (India), Series A | Developer of a P2P lending platform for personal loans | $12.4M | 66/100 | |
16th | Operator of an application providing instant personal loans and financial services | $6.15M | 61/100 |
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FatakPay's Investments and acquisitions
FatakPay has made no investments or acquisitions yet.
Reports related to FatakPay
Here is the latest report on FatakPay's sector:
News related to FatakPay
Media has covered FatakPay for a total of 5 events in the last 1 year, 3 of them have been about company updates and 2 about people movement.
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FatakPay Expands Services to Become Financial Super App, Names Vaani Kapoor Brand AmbassadorMedia Bulletins•Jul 29, 2026•FatakPay
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Fatakpay appoints Ashwin Shetty as branding and communications headIndiantelevision.com•May 12, 2026•FatakPay
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FatakPay Launches FatakUdaan to Enable Credit Building for Millions of IndiansThe Tribune•Dec 19, 2025•FatakPay
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Abhishek Gandhi FatakPay aims to build long-term financial resilience for borrowersIndiatimes•Aug 06, 2025•FatakPay
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FatakPay Launches FatakSecure Insurance Vertical Targeting Underserved PopulationIndiatimes•Jun 11, 2025•FatakPay
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