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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.
Social
X
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
Post Money Valuation
$***** as on Mar 29, 2025
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
68 as on Aug 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:lockFilter this list
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
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Finsall's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Finsall
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Finsall
Finsall
2018, Bengaluru (India), Seed
Provider of financing solutions for insurance premiums through monthly installments
$3.86M
56/100
2nd
Logo for BimaPay
BimaPay
2021, Delhi (India), Seed
Online insurance premium financing platform for individuals and businesses
$2M
51/100
3rd
Logo for Mudrasure
Mudrasure
1993, Delhi (India), Early Stage
App-based platform for insurance premium financing
$716K
41/100
4th
Logo for The Policy Exchange
The Policy Exchange
2022, Noida (India), Series B
Provider of customized solutions for life insurance industry
$2.48M
37/100
5th
Logo for Insurfin
Insurfin
2022, Bengaluru (India), Funding Raised
Insurance premium financing solution for individuals
-
-
18/100
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Finsall's Latest cap tables and shareholding

Founders own 23.76%, Funds (largest shareholder) own 37.61%, Enterprises own 23.14% and Angels own 1.28%. The net worth of Finsall's founders is INR 21.4Cr as of Mar 29, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
23.76%
21.4Cr
5927518
9216924
2994634
4306227
7535088
3589538
6023385
7847503
5897391
4417329
120796
898663
423422
374212
311988
504963
Fund
37.61%
33.8Cr
2229899
6878068
8267761
7906955
4472765
5449710
4694550
3000101
4505356
1141798
5245422
7820568
4247995
4059139
8017895
2580401
Enterprise
23.14%
20.8Cr
1562160
8404034
6336533
9262699
Angel
1.28%
1.15Cr
1
2
1
6
ESOP Pool
14.21%
12.8Cr
5242300
8975116
1625843
7894742
Total
100.00%
90Cr
6859312
1893247
3677953
1861460
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Finsall's Shareholding

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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FAQs about Finsall

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