When was Finayo founded?

Finayo was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Finayo located?

Finayo is headquartered in Noida, India. It is registered at Ground Floor, LG- 007 - 02, LG Floor, MGF Metropolis Mall, MG Road, Gurugram, Haryana- 122002., DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002.

Which legal entities is Finayo associated with?

Finayo is associated with KILPI TECHNOLOGY AND SERVICES PRIVATE LIMITED.

How many employees does Finayo have?

As of Aug 31, 2026, the latest employee count at Finayo is 28.

Is Finayo a funded company?

Finayo is a funded company, having raised a total of $2.04M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 03, 2022.

How much is Finayo worth?

The latest valuation of Finayo is $***** as of Sep 22, 2023. This marks a decline of 2% from its peak valuation of $9.79M in Feb, 2022. This marks a decline of 2% from its peak valuation of $9.79M in Feb, 2022.

When was the latest funding round of Finayo?

Finayo's latest funding was a $***** Seed round on Dec 18, 2023, with participation from 2 investors. Its primary sector is Digital Lending. In India, the Digital Lending sector has seen $1.13B in funding in 2026 to date.

What is the annual revenue of Finayo?

Annual revenue of Finayo is less than ₹10 Cr as on Mar 31, 2025

Where does Finayo rank among its competitors?

Finayo ranks 2nd amongst 7 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was ProsParity, which secured $342K in Apr, 2026.

Who are the top competitors of Finayo?

Finayo's top competitors include RevFin, ProsParity and evfin. Among them, ProsParity secured the most recent funding round in April, 2026.

Finayo - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

AI-enabled SaaS platform. It is a platform that provides electric vehicle financing by connecting lenders, equipment manufacturers, and dealers with customers seeking financing options. It automates the loan lifecycle, including origination, disbursement, collection, repossession, and resale, facilitating approvals and financing options.

Website: finayo.tech
Social
Email ID: *****@finayo.tech
Phone Number: +91 **********
Registered Address: Ground Floor, LG- 007 - 02, LG Floor, MGF Metropolis Mall, MG Road, Gurugram, Haryana- 122002., DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002

Key Metrics

Founded Year

2020

Location

Noida, India

Stage

Seed

Total Funding

$2.04M in 3 rounds

Latest Funding Round

Seed, Dec 18, 2023, $*****

Post Money Valuation

$***** as on Sep 22, 2023

Investors

iAngels & 27 more

Ranked

2^nd among 7 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

28 as on Aug 31, 2026

Similar Companies

RevFin & 12 more

View Finayo's full profile

Finayo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
KILPI TECHNOLOGY AND SERVICES PRIVATE LIMITED CIN: U62090HR2020PTC086225 , India, Active	May 11, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-

Finayo has raised a total funding of $2.04M over 3 rounds. Its first funding round was on Feb 03, 2022. Its latest funding round was a Seed round on Dec 18, 2023 for $*****. 2 investors participated in its latest round. Finayo has 9 institutional investors and 19 angel investors.

Here is the list of recent funding rounds of Finayo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 18, 2023	6492386	Seed	7747843	1652876	3511858	9259504
May 08, 2023	9772928	Seed	1668968	6311230	5504018	Outsourced CMO & 1 more
Feb 03, 2022	6408939	Seed	5949226	9763454	India Accelerator	Decem Visiones Ventures & 16 more

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View details of Finayo's funding rounds and investors

The founders of Finayo is Yogesh Prakash.

Here are the details of Finayo's key team members:

Yogesh Prakash: Co-Founder & CAO of Finayo. They serve on the board of 1 company.

Finayo's Board of Directors

Finayo's board has 2 active members. Yogesh Prakash and Brajendra Singh Tomar are part of team.

Here is the list of Finayo's board of directors:

Name	Type	Representing	Status	Duration
Yogesh Prakash	Team	-	Current	3y 10m
Brajendra Singh Tomar	Team	-	Current	5y 11m
oycerbp	Independent board member	-	Past	8y 1m
blktzhw	Independent board member	-	Past	6y 5m
helzicb	Independent board member	-	Past	8y 3m

View details of Finayo's Founder profiles and Board Members

Finayo's employee count trend

Finayo has 28 employees as of Aug 26. Here is Finayo's employee count trend over the years:

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Top competitors of Finayo include RevFin, ProsParity and evfin. Here is the list of Top 10 competitors of Finayo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RevFin 2018, Delhi (India), Series B	Digital lending platform providing loans for electric vehicle drivers	$34.8M	companion.capital, Green Frontier Capital ... & 62 others	62/100
2nd	Finayo 2020, Noida (India), Seed	AI-enabled SaaS platform	$2.04M	iAngels, Choice & 26 others	42/100
3rd	ProsParity 2023, Mumbai (India), Seed	Financing platform for electric mobility	$2.34M	Beenext, Avenir Patners & 20 others	42/100
4th	evfin 2015, Mumbai (India), Unfunded	Provider of electric vehicle financing solutions	-	-	39/100
5th	PerUse 2021, Gurugram (India), Seed	Online platform offering EV financing solutions	-	Pre-Seed Accelerator	33/100
6th	FinLe 2022, Indore (India), Unfunded	Platform offering financing solutions to electric vehicles	-	-	25/100
7th	Risewise Capital 2022, Pune (India), Unfunded	Provider of electric vehicle financing for two and three-wheelers	-	-	21/100

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Founders (largest shareholder) own 82.22%, Funds own 5.09%, Enterprises own 0.25% and Angels own 2.74%. The net worth of Finayo's founders is INR 66.1Cr as of Sep 22, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	82.22%	66.1Cr	8490068	7271721	4092716	5814665
Yogesh Prakash	1534964	3078309	2353854	5632094	4562467	2343849
Fund	5.09%	4.09Cr	69872	10918	88683	43319
India Accelerator	0	0	0	0	0	0
Decem Visiones Ventures	0	0	0	0	0	0
Enterprise	0.25%	20.1L	0	0	0	0
Angel	2.74%	2.21Cr	54	87	31	41
Other People	0.14%	11.1L	0	0	0	0
ESOP Pool	9.56%	7.68Cr	8241328	5365387	6634339	9860477
Total	100.00%	80.4Cr	9189415	3372686	8812393	6922736