Finsall - About the company
Finsall is a seed company based in Bengaluru (India), founded in 2018 by Promod Khanna and Tim Mathews. It operates as a Provider of financing solutions for insurance premiums through monthly installments. Finsall has raised $3.86M in funding from investors like Unicorn India Ventures, Forward Commercial and Seafund, with a current valuation of $*****. The company has 5 active competitors, including 3 that are funded. Its top competitors include companies like BimaPay, Mudrasure and The Policy Exchange.
Company Details
Provider of financing solutions for insurance premiums through monthly installments. The company connects insurance intermediaries, customers, insurers, and lenders. It offers a digital process that removes the need for physical documentation. Multiple general insurance types can be financed. The company pledges never to sell insurance policies, aiming to be a trusted partner for insurers.
- Website
- finsall.com
- Email ID
- *****@finsall.com
- Phone Number
- +91 **********
- Registered Address
- 274-F, Pocket II Mayur Vihar, Ph-I, East Delhi, New Delhi, Delhi, India, 110091
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Seed
Total Funding
$3.86M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 29, 2025
Investors
Ranked
1st among 5 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
68 as on Aug 31, 2025
Legal entities associated with Finsall
Finsall is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FINSALL RESOURCES PRIVATE LIMITED CIN: U62099KL2018PTC054968 , India, Active | Oct 03, 2018 | 0 - ₹10 Cr (As on Mar 31, 2025) | 85 (As on Apr 01, 2026) | |
FINSALL NETWORK PRIVATE LIMITED CIN: U74140DL2008PTC185585 , India, Strike off | Dec 08, 2008 | 0 - ₹10 Cr (As on Mar 31, 2022) | 68 (As on Aug 31, 2025) | |
FINSALL CAPITAL PRIVATE LIMITED CIN: U65999KA2022PTC156941 , India, Active | Jan 21, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Finsall's funding and investors
Finsall has raised a total funding of $3.86M over 5 rounds. Its first funding round was on Apr 03, 2019. Its latest funding round was a Grant (prize money) round on May 18, 2026 for $*****. 1 investor participated in its latest round. Finsall has 8 institutional investors and 15 angel investors.
Here is the list of recent funding rounds of Finsall:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 18, 2026 | 4792038 | Grant (prize money) | 2174039 | 6957548 | 4656064 | 8290080 |
May 28, 2024 | 8328318 | Seed | 5547689 | 1318682 | 7970772 | |
Dec 15, 2021 | 3641245 | Seed | 1807896 | 3988934 |
View details of Finsall's funding rounds and investors
Finsall's founders and board of directors
Founder? Claim ProfileThe founders of Finsall are Promod Khanna and Tim Mathews. Tim Mathews and Suriyaansh Panda are the CEOs of Finsall.
Here are the details of Finsall's key team members:
- Promod Khanna: Co-Founder & Director of Finsall. They serve on the board of 1 company.Contact Info: 1 phone number
- Tim Mathews: Co-Founder & CEO of Finsall and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 phone number
Finsall's Board of Directors
Finsall's board has 7 active members. Promod Khanna, Tim Mathews, Anil Rambilash Joshi, Manoj Kumar Agarwal and Prabal Khanna are part of team and Amarendra Sahoo and Arvind Kumar Singhal are independent board members.Here is the list of Finsall's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 10m | |
Team | - | Current | 7y 4m | |
{iaqavr | Team | - | Past | 4y 4m |
iyffry{ | Investor | - | Past | 5y 8m |
vjzibik | Investor | - | Past | 4y 7m |
Independent board member | - | Current | 6y 9m | |
fcuhuyi | Independent board member | - | Past | 9y 1m |
View details of Finsall's Founder profiles and Board Members
Finsall's employee count trend
Finsall has 68 employees as of Aug 25. The total employee count is 48.0% more than what it was in Aug 24. Here is Finsall's employee count trend over the years:
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Finsall's Competitors and alternates
Top competitors of Finsall include BimaPay, Mudrasure and The Policy Exchange. Here is the list of Top 10 competitors of Finsall, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of financing solutions for insurance premiums through monthly installments | $3.86M | 56/100 | ||
2nd | Online insurance premium financing platform for individuals and businesses | $2M | 51/100 | ||
3rd | App-based platform for insurance premium financing | $716K | 41/100 | ||
4th | The Policy Exchange 2022, Noida (India), Series B | Provider of customized solutions for life insurance industry | $2.48M | 37/100 | |
5th | Insurance premium financing solution for individuals | - | - | 18/100 |
Looking for more details on Finsall's competitors? Click here to see the top ones
Finsall's Investments and acquisitions
Finsall has made no investments or acquisitions yet.
Reports related to Finsall
Here is the latest report on Finsall's sector:
News related to Finsall
Media has covered Finsall for 1 event in last 1 year.
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Fintech CoE at NSRCEL, IIM Bangalore Selects 10 Fintech Startups for Grants in partnership with HDFC Bank ParivartanIndianWeb2•May 18, 2026•Dhiway, Inka Insurance, GreenFi, ValuEnable and 4 others
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Fin+InsureTech Startup Finsall Raises Rs 15 Crore in Bridge Round Led by Unicorn India Ventures and SeafundBusinessnewsthisweek•Jun 12, 2024•Finsall, Unicorn India Ventures, Seafund
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Finsall raises Rs 15 Cr led by Unicorn India Ventures and SeafundEntrackr•Jun 12, 2024•Finsall, Unicorn India Ventures, Seafund
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